Sensex loses opening gains; trading 7 pts up

The Sensex at the Bombay Stock Exchange, which had gained 163 points in opening trade, this morning, later surrendered almost all its inital gains, and stood just 7 points in the green, at 20,175, in choppy trade, a short while ago. But other Asian markets in Japan, Singapore, China, Indonesia and H...

Rupee depreciates against dollar

The Indian rupee depreciated by 6 paise to 44.42 rupees a dollar in the opening trade today, weighed down by dollar's gain against other Asian currencies. However, continued capital inflows by foreign funds into equities, capped Rupee's losses.

India to take initiative in conclusion of multilateral trade deal at G-20 Summit

Ahead of G-20 Summit, India is taking initiative to infuse urgency in concluding long-drawn Doha talks for reaching a multilateral trade deal. Commerce and Industry Minister Anand Sharma is leaving for Geneva today and will hold a series of meetings with WTO officials including Director General Pasc...

Markets open in green; sensex surges 163 pts

The Sensex advanced over 163 points in opening trade today, extending yesterday's gains on continued capital inflows by foreign funds amid a firming trend overseas. The 30-share index rose by 163 points to 20,332 points on the back of strength in oil and gas, capital goods and metal sector ...

Govt. panel alleges POSCO violated environmental laws

Indian Bank expecting 25 per cent surge in fiscal 2010-11

IREDA registers robust performance<br/>

Indian Renewable Energy Development Agency limited (IREDA) has posted a robust performance registering a 64 per cent rise over the previous fiscal earning with a profit after tax of 73 crore rupees for the year 2009-10. A Government of India enterprise under the Ministry of New and Renewable Energy,...

Govt panel recommends revocation of an earlier green clearance to POSCO<br/>

Post Offices can now distribute insurance products

Post Offices can now distribute insurance products. According to Official sources, Insurance Regulatory and Development Authority has allowed each circle of Department of Post to act as a corporate agent of Insurers. Each circle of India post will be treated as a separate unit to grant independent c...

No move by Finance Ministry to change fiscal year

Government on Monday said there is no move by the Finance Ministry to change the fiscal year to January from April. An official statement clarified this in the wake of a newspaper report. The report also said the Finance Minister Pranab Mukherjee is set to recommend one consolidated budget instead o...