Business

May 15, 2011 2:04 PM

Govt. has no role in petrol price increase: FM

The Finance Minister, Mr. Pranab Mukherjee has categorically said that the Government has no role for increase of petrol prices. Addressing newsmen in Kolkata this afternoon, Mr. Mukherjee said that the government has decontrolled the prices of petrol last year and the oil company has increased the ...

May 14, 2011 8:51 AM

Govt constitutes a panel to review deemed exports policy

The government has said it has formed an expert committee to review deemed exports policy where there have been incidents of misuse of the scheme.Deemed exports refer to those transactions in which goods supplied to the users do not leave the country and payment for such supplies is received either ...

May 14, 2011 8:47 AM

Inflation to moderate to 6.5pc by March-end: PMEAC

The Prime Minister's economic advisory panel has said it expects inflation to moderate to 6.5 percent by the end of the current fiscal from 9 percent at present despite a likely increase in fuel prices."If the monsoon is normal, then the food inflation will come down. However, the ...

May 13, 2011 6:04 PM

Sensex gains nearly 196 pts

The Indian markets today closed in the green. The benchmark index at the Bombay Stock Exchange closed at 18,531.28 gaining 195.49 points. Despite opening in the red and touching a low of 18,280.70, the Sensex moved upwards with the support from positive global cues. Shares of FMCG, Healthcare and Me...

May 13, 2011 3:02 PM

Sensex jumps 388 pts in afternoon trading

The Sensex at the Bombay Stock Exchange rose a modest 50 points, or 0.3 per cent, to 18,384 in opening trade, this morning, on bargain-hunting by investors. Later, the Sensex moved up very strongly, and had gained a solid 388 points, or 2.1 percent, to 18,724, in afternoon deals, a short while ago. ...

May 13, 2011 9:51 AM

Sensex gains 49 pts in opening trade

The BSE benchmark Sensex gained almost 49 points in opening trade today on the back of bargain buying of select stocks by funds and retail investors. The 30-share index of the Bombay Stock Exchange, which lostover249 points in yesterday's trade, recovered by point 26 per cent, to 18,384 wit...

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