Business

January 13, 2011 12:03 PM

Govt. urges industry to cater to ever changing demands of consumers<br/>

Government has urged the industry to cater to ever changing demands of consumers and focus on fulfilling their social responsibilities. Presenting the Rajiv Gandhi National Quality awards for 2009, Minister of State for Agriculture, Food and Distribution Prof. K V Thomas calls to strive for consumer...

January 13, 2011 11:21 AM

Rupee continues to trade firm for third consecutive day

The Indian rupee continues to trade firm for the third consecutive day today, when it gained another 13 paise to 45 rupees a dollar in the morning trade. This followsbanks selling the US currency on account of its weakness inthe overseas market.At the Interbank Foreign Exchange or Forex market, the ...

January 13, 2011 10:15 AM

Rupee gains 6 paise against US dollar

The Indian Rupee appreciated by 6 paise to 45 rupees 7 piase a dollar at the Interbank Foreign Exchange market today. The Indian currency was boosted by the greenback&apos;s weakness against euro and other major currencies.The rupee had on Wednesday closed 3 paise up to a nearly one-week high of...

January 13, 2011 9:26 AM

IndiGo to acquire 180 A-320 s from Airbus

In the largest, single firm order for large jets in commercial aviation history, no-frill carrier, IndiGo will acquire 180 A-320s from European plane manufacturer, Airbus. Though the value of the deal was not announced, according to Airbus catalogue price, the sale is worth 12 billion euros. IndiGo,...

January 12, 2011 8:36 PM

India, South African nations likely to sign trade agreement mid 2011<br/>

India and South African nations are expected to sign a trade agreement by the middle of this year, which aims at reducing tariffs on certain items traded between the nations. Commerce and Industry Minister Anand Sharma said in Johannesburg that both the sides are pushing the PTA agreement very hard....

January 12, 2011 5:51 PM

Sensex snaps losing streak, ends 338 pts up<br/>

Snapping a six-session losing streak, the Sensex at the Bombay Stock Exchange surged 338 points, or 1.8 percent, to 19,534, on Wednesday, despite disappointing industrial growth numbers. The Nifty at the National Stock Exchange jumped 109 points, or 1.9 percent, to 5,863.

January 12, 2011 1:57 PM

BSE Sensex gains 183 points in opening trade, slips later and again recovers

Snapping a six-session losing streak, the Sensex at the Bombay Stock Exchange gained 183 points, to 19,380, in opening trade, this morning, on selective buying by funds. The Sensex later briefly slipped into the red, after the November industrial growth numbers disappointed the market. But the bench...

January 12, 2011 1:55 PM

Govt. considering to impose anti-dumping duty

The government is considering imposing anti-dumping duty of up to 236 US Dollars per tonne on imports of a chemical used in bricks, tiles and ceramics. This will be done to protect the domestic industry from cheap Chinese shipments. The Directorate General of Anti-Dumping and Allied Duties ,DGAD, ha...

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