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March 29, 2011 5:29 PM
Extending its gains for the sixth straight session, the Sensex at the Bombay Stock Exchange rose 178 points, or 0.9 per cent, to close above the key 19,000 level, at 19,121 on Tuesday. The Nifty at the National Stock Exchange added 49 points, or 0.9 percent, to 5,736.
March 29, 2011 5:29 PM
The Government on Tuesday enhanced subsidy allocation for modernisation of the textiles industry to 15,404 crore rupees . Earlier a sanction of 8,000 crore rupees was made for the current Plan ending 2012. The decision to increase the outlay and re-structure the Technology Upgradation Fund was taken...
March 29, 2011 2:55 PM
India and Mozambique have decided to achieve a trade target of one billion Dollars in the next two years. After a meeting with his Mozambique counterpart in New Delhi, Union Commerce and Industry Minister Anand Sharma said that both the countries need to exploit their true potential in more diversif...
March 29, 2011 2:54 PM
External Affairs Minister S M Krishna today said that there has been a surge in Indian investment in Africa. He added that African exports to India have also increased significantly. He was addressing the African Journalists at the Bank Conclave on India-Africa Project Partnership in New Delhi today...
March 29, 2011 2:13 PM
Extending its gains for the sixth straight session, the Sensex at the Bombay Stock Exchange climbed 131 points, or 0.7 per cent, to regain the key 19,000 point level after two months, at 19,074 in early trade, today. Later, the Sensex advanced even further, and stood a solid 249 points, or 1.3 per c...
March 29, 2011 2:12 PM
The CCEA today approved a short-term loan of 5,000 crore rupees for Food Corporation of India (FCI). The move is aimed to help the organisation meet its working capital requirements this fiscal.According to an official release, FCI, the nodal agency for procurement and distribution of food grains, w...
March 29, 2011 1:39 PM
Government is planning to allow limited export of wheat. This was revealed by the Minister of State for Agriculture Mr. Arun Yadav while speaking to reporters on the sidelines of a function in New Delhi. He said government expects a bumper wheat crop and first priority will be given to meet the loca...
March 29, 2011 1:38 PM
The Cabinet Committee on Economic Affairs (CCEA) today approved a proposal for 4,500 crore rupees foreign direct investment (FDI) in Hero Investments Pvt Ltd, (HIPL), one of the main shareholders in the country's largest two-wheeler maker Hero Honda, by two private equity firms. AIR corresp...
March 29, 2011 12:52 PM
Government will intensify efforts to provide required support to coal companies to achieve their targets. At a high level meeting in New Delhi, the Coal Ministry has proposed many innovative steps to increase the production. These include increase in the efficiency of equipments and a regular monito...
March 29, 2011 12:01 PM
The Sensex which gained 130 points in early trade today, was trading 153 points up at 19096 a short while ago. The 30 share index is maintaining its upward trend for the sixth consecutive day; it had gained over 1,100 points during the past five sessions.Similarly, the wide-based National Stock Exch...
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