Business

January 5, 2011 9:59 AM

Sensex shed 51 points in the opening trade

The Sensex shed 51 points in the opening trade on Wednesday. This follows increased selling by funds and retail investors in tandem with weak Asian markets. The 30-share barometer, which had lost 63 points in the previous session, lost 0.24 per cent at 20,448.17 level in a fall led by financial and ...

January 4, 2011 9:14 PM

Mamata receives dividend cheques

Railway Minister Ms Mamata Banerjee on Tuesday received cheques of dividend amounting to around 311 crore rupees for the year 2009-10 from seven Public Sector Undertakings (PSUs)under the Ministry in New Delhi. Chairman and Managing Directors of seven PSUs including Container Corporation of Indian L...

January 4, 2011 8:49 PM

Sustaining high rate of economic expansion a challenge: Pranab

Finance Minister Pranab Mukherjee has said the challenge before the country is to sustain high rate of economic expansion and cross the double-digit growth barrier. He called for encouraging stronger disclosure standards for important financial institutions and advocated for stricter disclosure guid...

January 4, 2011 7:42 PM

Sustaining high rate of economic expansion a challenge: Pranab

Finance Minister Pranab Mukherjee has said the challenge before the country is to sustain high rate of economic expansion and cross the double-digit growth barrier. He called for encouraging stronger disclosure standards for important financial institutions and complex and sophisticated financial pr...

January 4, 2011 7:14 PM

FDI inflows dip for 2nd consecutive month

The Foreign Direct Investment, FDI inflows to India have dipped for the second consecutive month .It fell by about 7 per cent to 1.6 billion US Dollars in November 2010 over the same period in 2009.In November 2009, FDI stood at 1.72 billion US Dollars. However, the government is making efforts to a...

January 4, 2011 6:08 PM

FDI inflows dip for 2nd consecutive month

The Foreign Direct Investment, FDI inflows to India have dipped for the second consecutive month .It fell by about 7 per cent to 1.6 billion US Dollars in November 2010 over the same period in 2009.In November 2009, FDI stood at 1.72 billion US Dollars. However, the government is making efforts to a...

January 4, 2011 5:44 PM

FDI inflows dip

The Foreign Direct Investment- FDI inflows to India have dipped for the second consecutive. It fell by about 7 per cent to 1.6 billion US Dollars in November 2010 over the same period in 2009. In November 2009, FDI stood at 1.72 billion US Dollars. However, the government is making efforts to attrac...

January 4, 2011 5:44 PM

Sensex lose 62 points; Closes at 20499

The Sensex at the Bombay Stock Exchange lost 62 points, or 0.3 percent, to 20,499, on Tuesday. The Nifty at the National Stock Exchange declined 11 points, or 0.2 percent, to 6,146.But, in other Asian markets, the key benchmark indices in Japan, China, Hong Kong, Singapore, South Korea rose between ...

January 4, 2011 2:16 PM

BSE Sensex 22 points up and ruling at 20,583

The Sensex in the Bombay stock Exchange was 22 points up and ruling at 20,583 a short while ago. It rose by nearly 90 points to 20,650 in the opening trade today, extending its four-session gaining streak on sustained buying by funds and retail investors. The stocks of consumer durables, oil and gas...

January 4, 2011 1:53 PM

Overall inflation likely to move up

With three per cent hike in the steel prices, the overall inflation is likely to move up. The rise is expected to have a cascading effect on the prices of automobiles, consumer durables. It is also expected to push up the cost of constructing houses and infrastructure projects. State owned Steel Aut...

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