Business

February 18, 2011 10:27 AM

Indian delegation arrives in Toronto to accelerate bilateral investment

A high-powered Indian business delegation arrived in Toronto, Canada today to accelerate bilateral investment and the transfer of technology in the field of nuclear energy between the two countries.The Indian delegation is being led by Nuclear Power Corporation of India Limited (NPCIL) Associate Dir...

February 18, 2011 10:27 AM

India-Malaysia signs pact; paves way for freer flow of trade

India and Malaysia today signed a landmark pact that paves the way for freer flow of trade in goods and services between the two countries. The pact will also enhance investment and economic cooperation between India and Malaysia. The Comprehensive Economic Cooperation Agreement (CECA) was signed by...

February 18, 2011 9:52 AM

Oil price up in Asian trade

Oil prices were up in Asian trade today. New York's light sweet crude gained a cent to 86.37 dollars a barrel while Brent North Sea crude two cents to 102.61 dollars a barrel. Analysts said persistent tensions in the Middle East and North Africa continued to push prices higher.

February 18, 2011 9:51 AM

gains almost 120 pts in opening trade

The Sensex gained almost 120 points in opening trade on the Bombay Stock Exchange today. The Sensex was trading at 18,648, up by over 141 points a short while ago.Brokers said the availability of several stocks at attractive levels and a fall in food inflation provided much needed support to the mar...

February 17, 2011 9:42 PM

Government lifts ban on export of onions

Government on Thursday decided to lift ban on export of onions after its prices almost crashed in the domestic market, which triggered farmers' protest. The decision to this effect was taken by an Empowered Group of Ministers (EGoM) on Food headed by Finance minister Pranab Mukherjee. The g...

February 17, 2011 9:22 PM

Infosys CEO urges centre to simplify income tax procedures

Infosys Chief Executive Officer K. Gopalakrishnan has said that in the near future, India would be emerging as major IT destination of the world. He was addressing the media after the inaugural function of Infosys software development centre at Technopark, Thiruvananthapuram. He said at present Chin...

February 17, 2011 8:32 PM

Sensex extends gains for fifth straight session; up by 206 points

Lifted by easing food inflation, the Sensex at the Bombay Stock Exchange extended its gains for the fifth straight session, climbing 206 points, or 1.1 percent, to 18,507, on Thursday. The Nifty at the National Stock Exchange advanced 65 points, or 1.2 percent, to 5,546. Stock markets in Japan, Chin...

February 17, 2011 8:30 PM

Food inflation falls for 2nd straight week

Food inflation fell for the second straight week to a nine-week low of 11.05 per cent for the week ended February 5. This follows decline in pulses, wheat and potato prices. Food inflation fell by 2.02 percentage points during the week ended February 5 from 13.07 per cent in the week ended January 2...

February 17, 2011 8:09 PM

Government lifts ban on export of onions

Government today decided to lift ban on export of onions after its prices almost crashed in the domestic market, which triggered farmers' protest. The decision to this effect was taken by an Empowered Group of Ministers (EGoM) on Food headed by Finance minister Pranab Mukherjee. The governm...

February 17, 2011 7:49 PM

Sensex ends 206 pts up

Lifted by easing food inflation, the Sensex at the Bombay Stock Exchange extended its gains for the fifth straight session, climbing 206 points, or 1.1 percent, to 18,507, on Thursday. The Nifty at the National Stock Exchange advanced 65 points, or 1.2 percent, to 5,546. Stock markets in Japan, Chin...

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