India's per capita income increases by 17.9%

Per capita income of Indians grew by 17.9 per cent to 54,835 rupees in 2010-11 from 46,492 in the year-ago period, according to the revised data released by the government. The new per capita income figure estimates on current market prices is over 8,000 rupees more than the previous estimate of 46,...

Rupee up by 9 paise against dollar

Continuing on its gaining streak for the fifth straight day, the Indian rupee strengthened by another 9 paise to 44 rupee 97 paise against the US dollar in early trade.The rupee appreciation was largely in line with stronger Asian currencies overseas and a positive opening in the stock market.The ru...

Sensex opens 75 points higher

The Bombay Stock Exchange benchmark Sensex opened over 75 points higher today. The 30-share index rose by 75.82 points, or 0.38 per cent, to 18,579.10 points in opening trade. It had gained 271.22 points in yesterday's session. Similarly, the broad-based National Stock Exchange index Nifty ...

Per capita income of Indians grew by 17.9 per cent to 54,835 rupees in 2010-11 from 46,492 in the year-ago period, according to the revised data released by the government on Tuesday.The new per capita income figure estimates on current market prices is over 8,000 rupees more than the previous estim...

India, Germany discuss bilateral cooperation in shipping

India and Germany discussed bilateral cooperation in shipping and technology, carbon dioxide reduction in maritime transport and ship breaking. According to an official release, the issues were discussed when the Federal Minister of Transport, Building and Urban Development from Germany, Dr Peter Ra...

Robust farm sector growth lifts GDP to 8.5 per cent in fiscal 2010-11

Robust farm sector growth helped lift the country's economic growth, as measured by the Gross Domestic Product, to a healthy 8.5 per cent in the 2010-11 fiscal, compared to 8 per cent growth recorded in 2009-10.During the entire 2010-11 fiscal, the agriculture and allied sectors grew by a s...

The South African authorities have cleared the way for the world's biggest Retailer, the American company, Walmart to enter the African market for the first time. South Africa's competition regulator approved Walmart's bid to take over the local chain of Massmart which has...

The South African authorities have cleared the way for the world's biggest Retailer, the American company, Olma to enter the African market for the first time. South Africa's competition regulator approved Olma's bid to take over the local chain of Massmart which has shops...

Sensex edges up by 1.5 percent to 18,503

The Sensex at the Bombay Stock Exchange on Tuesday rallied 271 points, or 1.5 percent, to 18,503 in line with rising Asian and European markets. The Nifty at the National Stock Exchange rose 87 points, 1.6 percent, to 5,560.Stock markets in Japan, China, Singapore, Hong Kong, and South Korea climbed...

Sensex edges up by 1.5 percent to 18,503

The Sensex at the Bombay Stock Exchange rallied 271 points, or 1.5 percent, to 18,503 on Tuesday. The Nifty at the National Stock Exchange rose 87 points, 1.6 percent, to 5,560.