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January 24, 2011 2:19 PM
Lifted by encouraging third quarter earnings by State Bank of India, the Sensex at the Bombay Stock Exchange rose 88 points, to 19,096 in opening trade, today. Later, after advancing more than 180 points at one stage, the Sensex pared its gains, to stand 117 points in the green, at 19,125, in aftern...
January 24, 2011 1:35 PM
Finance Minister Pranab Mukherjee today said the Centre is working at a political level with states for countrywide roll-out of Goods and Services Tax (GST). He however added that it may take some time to arrive at a consensus on the new indirect tax regime. Talking to reporters in New Delhi, Mr Muk...
January 24, 2011 10:56 AM
High food inflation is most likely to weigh on the Reserve Bank, which is widely expected to raise key policy rates by at least 25 basis points in its monetary review due on Tuesday, top bankers said."Conventional wisdom says that there should be at least 25 basis point hike in interest rat...
January 24, 2011 10:55 AM
High food inflation is most likely to weigh on the Reserve Bank, which is widely expected to raise key policy rates by at least 25 basis points in its monetary review due on Tuesday, top bankers said."Conventional wisdom says that there should be at least 25 basis point hike in interest rat...
January 24, 2011 10:08 AM
The Indian rupee strengthened by 6 paise to 45.56 rupees per dollar in early trade, supported by gains posted by other Asian currencies against the greenback. Forex dealers said dollar weakness in Asian markets and a higher opening in the domestic stock market helped the rupee's rise.
January 24, 2011 10:08 AM
The Sensex gained over 88 points in opening trade led by encouraging third quarter earnings posted by State Bank of India amid a firming trend on other Asian bourses. The Sensex, which had lost 39 points in the previous session on Friday, rose by 88 points to 19,096 today, with banking, realty and c...
January 23, 2011 8:49 PM
The Union Finance Minister Mr.Pranab Mukherjee has said that India is one of the fastest growing economy in the world next to China. After inaugurating the Integrated Air Cargo complex at Chennai, Mr.Mukherjee said that our country has developed resilience to absorb internal and external pressures. ...
January 22, 2011 6:17 PM
The profit of State Bank of India has gone up by 13.45 per cent. The Bank has posted a profit of 3,806 crore rupees for the quarter ended December, 2010. An impressive jump in net interest income has pushed up its profit. The net interest income of the Bank increased by 40 per cent to over 12,306 cr...
January 22, 2011 12:49 PM
The second Jaffna International Trade Fair (JITF) with a strong presence of Indian business houses was inaugurated by the Indian High Commissioner to Srilanka Ashok K Kantha. This is the second consecutive year when India has partnered the event along with the host country. More than 45 Indian compa...
January 22, 2011 12:35 PM
Indian High Commissioner to Sri Lanka Ashok K Kantha and Governor of Central Bank of Sri Lanka Ajith Nivard Cabraal inaugurated the Jaffna branch of the Indian Bank yesterday. The Chairman & Managing Director of Indian Bank Mr. T. M. Bhasin was also present. Indian Bank has been operating in...
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