Business

April 4, 2011 11:23 AM

Wheat prices falls by 0.88 per cent to Rs 1,150 per quintal

Wheat prices fell by 0.88 per cent to 1,150 rupees per quintal on Monday as speculators indulged in reducing their positions, driven by rising arrivals of the new crop in the markets. Weak trend at the spot markets due to subdued demand from flour mills also kept pressure on the wheat futures prices...

April 4, 2011 9:49 AM

Sensex gains over 145 points in opening trade

The Bombay Stock Exchange benchmark Sensex rose by over 145 points in opening trade on Monday. The 30-share barometer, which lost 24 points in the previous volatile session, recovered by 145 points, or 0.75 per cent, to 19,566 in the first few minutes of trade on Monday. Stocks of auto, IT, metals a...

April 3, 2011 9:58 PM

India, EU to meet in New Delhi on Monday

The chief negotiators of India and the European Union will hold meetings in New Delhi tomorrow to conclude talks for a proposed market opening pact this year.Official sources said, that India's chief negotiator and Special secretary in the commerce ministry P K Chaudhary and EU Chief Negoti...

April 3, 2011 7:05 PM

India, EU to meet in New Delhi tomorrow<br/>

The chief negotiators of India and the European Union will hold meetings in New Delhi tomorrow to conclude talks for a proposed market opening pact this year.Official sources said, that India&apos;s chief negotiator and Special secretary in the commerce ministry P K Chaudhary and EU Chief Negoti...

April 2, 2011 11:56 AM

$10-m WB loan for India service system

The World Bank has approved $150 million loan for India to accelerate implementation of its National e-Governance Plan (NeGP), which is aimed at transforming the service delivery system across the country.This loan will initiate policy and institutional actions that will impact all the services. In ...

April 1, 2011 8:37 PM

Exports up by over 31 % during 11 months of last fiscal

The country&apos;s Exports grew by over 31 percent during the period April to February 2010-11 compared to the corresponding period last year. The imports during the same period registered an increase of 18 percent. According to the latest statistics of Commerce Ministry, the total exports for t...

April 1, 2011 5:59 PM

The CPI(M) has opposed the government&apos;s new FDI policy. The party politbureau in a statement said it would not only strengthen the grip of foreign multinationals over Indian companies but also adversely affect agriculture as farmers would be at their mercy for supply of seeds. The party has...

April 1, 2011 5:59 PM

The CPI(M) has opposed the government&apos;s new FDI policy. The party politbureau in a statement said it would not only strengthen the grip of foreign multinationals over Indian companies but also adversely affect agriculture as farmers would be at their mercy for supply of seeds. The party has...

April 1, 2011 5:49 PM

Sensex closes with a slim loss of 25 pts<br/>

Snapping an 8-session winning streak, the Sensex at the Bombay Stock Exchange closed with a slim loss of 25 points, or 0.1 percent, at 19,420, after choppy trade, today, on profit-booking by investors, as global crude oil prices hit a 30-month high. The Nifty at the National Stock Exchange fell 8 po...

April 1, 2011 2:03 PM

Vodafone buys Essar's stake for $5 bn; may exceed FDI limit

UK-based Vodafone on Thursday acquired 33 per cent stake of its Indian partner Essar in the joint venture Vodafone Essar for USD 5 billion and may go for a new ally or opt for public offering to remain FDI compliant.&quot;Currently we (Vodafone) are having 42 per cent stake in Vodafone Essar and...

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