Business

November 1, 2010 10:21 AM

Sensex opens higher by 294 points after rally in metal, oil, gas stocks

The Bombay Stock Exchange benchmark Sensex on Monday opened higher by 294 points after rally in metal and oil and gas stocks, especially Reliance Industries. The 30-share index rose by 1.46 per cent to 20,326 points. The Sensex had gained over 91 points in the previous session. The wide-based Nation...

October 31, 2010 7:04 PM

ATF prices to be hiked by Rs 299/KL in Delhi from midnight<br/>

Aviation Turbine Fuel (ATF) prices are being hiked by 299 rupees per kilo litre from midnight tonight.Now it will cost 42,235 rupees per kilo-litre in Delhi and 43,553 rupees per kilo litre in Mumbai. State-owned oil firms have hiked jet fuel prices marginally by less than 1 per cent, in sync with a...

October 31, 2010 2:04 PM

AI plans to launch feeder service by March next

Making a strong bid to strengthen its nationwide network, Air India plans to launch a feeder service &quot;India Hopper&quot; with about 40 small aircraft as early as by March next year. Top officials said, the service will be operated under the Air Operator Permit of the Air India Regional ...

October 30, 2010 6:10 PM

ADB to work closely with Nepal to promote inclusive growth

The Asian Development Bank has said it will continue to work closely with the Nepal government and stakeholders in reducing poverty and promote inclusive growth in the Himalayan nation.In a statement in Kathmandu the Bank&apos;s Director General for South Asia, Sultan H. Rahman expressed his com...

October 30, 2010 11:15 AM

Centre to intervene if oil prices rise further

The Centre says it will suitably intervene in the pricing of petrol and diesel in case of high rise and volatility in the international oil prices. As already reported, in line with the recommendations of the Kirith Parikh Committee, the Centre has decided that the pricing of petrol and diesel at th...

October 30, 2010 9:05 AM

State FMs reach consensus on GST

The Empowered Committee of State Finance Ministers, which met under the Chairmanship of the West Bengal Finance Minister Asim Dasgupta at Panaji, has arrived at a consensus on the Goods and Services Tax, GST. The Committee discussed threadbare the constitutional Amendment Draft for the GST in its me...

October 30, 2010 8:50 AM

IT dept. scrutinising documents related to CWG contracts

The Income Tax department is scrutinising documents of individual bids and the rates submitted by contractors to the Common Wealth Games Organising Committee. Official sources said, this may lead to filing of cases of tax evasion, if the contractors were found to have wrongly invoiced their works. S...

October 29, 2010 7:40 PM

Everest climbers can now surf internet through 3G network <br/>

Nepalese telecoms firm Ncell says Mount Everest climbers can now surf the internet and make video calls through a 3G network. The firm owned by the Swedish company TeliaSonera has installed eight 3G base stations along the route to Everest base camp. Climbers and trekkers in the Everest region have ...

October 29, 2010 6:13 PM

Sensex gains 91pts to regain 20 K mark<br/>

Snapping a three-day fall, the Sensex at the Bombay Stock Exchange on Friday gained 91 points to regain the 20 K mark to close at 20,032, on buying in blue-chips. The Nifty at the National Stock Exchange rose 30 points to 6,018.But stock markets in Japan, China, Hong Kong, and South Korea lost betwe...

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