Business

November 17, 2010 9:20 AM

Preparation made to bail out Irish government if it asked for help

The European Finance Commissioner has said that preparations are being made for potential rescue programme to bail out the Irish government if it asked for help. He was speaking at the end of an emergency meeting of the European Finance Ministers and global financial institutions in Brussels which d...

November 16, 2010 9:32 PM

Revenue collections from indirect tax hiked by 42%

Revenue collections from indirect tax has increased by 42 per cent during the first seven months of the current fiscal. According to official data, the total revenue collections from Customs, Central Excise and Service Tax during the period stood at 1,80,261 crore rupees which is over 57 per cent of...

November 16, 2010 3:08 PM

India and Canada launch negotiations for CECA to boost bilateral trade

India and Canada today formally launched negotiations for a Comprehensive Economic and Cooperation Agreement, CECA, to boost bilateral trade. In a joint press conference in New Delhi, the Commerce and Industry Minister, Mr Anand Sharma said that as per a joint study group report, both countries will...

November 16, 2010 2:16 PM

BSE Sensex down by 391 points a short while ago

The Sensex at the Bombay Stock Exchange, which had slumped more than 400 points in early afternoon deals, continued weak, to stand 391 points, or 1.9 per cent in the red, and fall below the 20,000 level, at 19,918, a short while ago. Earlier, the Sensex had opened 64 points lower, at 20,246 in morni...

November 16, 2010 1:36 PM

Inflation declines 0.04 percentage points

Falling for the second consecutive month, inflation declined 0.04 percentage points, to a nine-month low of 8.58 per cent in the month of October. Inflation had stood at 8.62 per cent in September 2010, and at just 1.48 per cent in the same month last year. Food items like onions, and other protein-...

November 16, 2010 1:01 PM

BSE Sensex down by 421 points a short while ago

The Sensex at the Bombay Stock Exchange, which had opened weak, later slumped as much as 421 points, or 2.1 per cent, to fall below the 20,000 level, at 19,889, a short while ago, as selling pressure intensified. Earlier, the Sensex had opened 64 points lower, at 20,246 in morning deals, on profit-b...

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