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December 22, 2010 7:20 PM
The Enforcement Directorate is probing foreign funding and transaction records of all the firms raided by the CBI in connection with the multi-crore 2G scam for possible money laundering and foreign exchange law violations.CBI sources said the ED probe will bring under the scanner several companies ...
December 22, 2010 6:44 PM
Finance Minister Mr. Pranab Mukherjee today called for harnessing the benefits of public Private Partnership, PPP, model for providing better services to weaker sections of society.Addressing a conclave in New Delhi today, Mr. Mukherjee asserted that those who can afford to pay must be made to pay b...
December 22, 2010 6:37 PM
The Civil Aviation Ministry has set up a Working Group on Regulatory Framework to protect consumer interests including disclosure of tariffs by domestic airlines.The Working Group, to be chaired by Director General of Civil Aviation, will examine the existing system of passenger fare structuring and...
December 22, 2010 5:28 PM
Government says providing market access to farmers for selling farm produce at remunerative prices is one of the biggest challenges facing the country. Speaking at a function in New Delhi today, Agriculture Secretary P K Basu said that farmers should be assured of selling their produce in markets. H...
December 22, 2010 5:27 PM
Snapping a three-day rally, the Sensex at the Bombay Stock Exchange closed 45 points, or 0.2 percent lower, at 20,016, on profit-booking, amid subdued Asian and European markets, today. The Nifty at the National Stock Exchange shed 16 points, or 0.3 percent, to 5,984.Stock markets in Japan, China, H...
December 22, 2010 5:09 PM
Government today said oil subsidy bill will go up this year if global crude oil prices rise above the current levels of 90 US dollars a barrel. Finance Secretary Ashok Chawla told reporters in New Delhi that government had doled out 26,000 crore rupees in 2009-2010 to make up for more than half of t...
December 22, 2010 2:29 PM
After gaining 410 points in the previous three sessions, the Sensex at the Bombay Stock Exchange rose 77 points, or 0.4 per cent, to 20,137 in opening trade, today, on sustained buying by funds, amid positive Asian bourses. After paring some of its early gains, the Sensex stood 49 points, or 0.2 per...
December 22, 2010 1:49 PM
The food grain production is expected to touch 115 million tonnes this year along with an increase in production of sugarcane, oilseeds and cotton. According to Agriculture Ministry, the food grain production is expected to increase by eleven million tonnes this fiscal. The higher production is attr...
December 22, 2010 12:53 PM
Brent crude prices reached new two-year highs in Asian trade today as oil continued rallying on cold weather and bullish energy demand from China.Brent North Sea crude for February delivery rose 29 cents to 93.49 dollars per barrel its highest level since October 2008.The contract had closed at 93.2...
December 22, 2010 11:52 AM
The Indian rupee was up 12 paise at 45 rupees 10 paise against the US dollar in early trade today. This is in line with a sustained rally in the domestic equity market.The local unit opened slightly lower at 45 rupees 24 paise per dollar on the Interbank Foreign Exchange, as against yesterday&ap...
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