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October 13, 2010 9:53 AM
The Bombay Stock Exchange benchmark Sensex gained 88 points at 20291 in the opening trade today. The Sensex was trading at 20,271, up by 67 points a short while ago. Analysts said the gain in Sensex is due to fresh buying by funds amid firm global cues. Metal and banking sector stocks are leading th...
October 12, 2010 7:09 PM
Government has asked Blackberry to provide access to services by 31st December. The decision to give some more time was taken by the Home Ministry after a meeting with representatives of RIM and the Ministry of Telecommunication. There are around one million Blackberry subscribers in India.
October 12, 2010 7:09 PM
The Cabinet Committee on Infrastructure has approved the project on Development of Mega Container Terminal at Chennai Port. The project is being taken up on Design, Build, Finance, Operate and Transfer basis. It will be under Public Private Partnership mode with a concession period of 30 years at an...
October 12, 2010 6:36 PM
Industrial output growth in the country dipped to 5.5 percent in August, the slowest pace in 15 months and nearly halfof last year. Growth of the manufacturing sector, which accounts for 80 per cent of the factory output, slipped to 5.9 per cent from 10.6 per cent in August last year. Finance Minist...
October 12, 2010 6:35 PM
Finance Minister Pranab Mukherjee today met financial sector regulators to work out a framework for the Financial Stability and Development Council - FSDC. RBI Governor D Subbarao described the meeting as very constructive. He said RBI has given its suggestions and the finance minister said he will ...
October 12, 2010 6:34 PM
Finance Minister Pranab Mukherjee says, India is on the path of robust economic growth. He said it is backed by increased investment, capital inflows and stronger industrial output.The Finance Minister said at the launch of India Infrastructure Finance Company Ltd in New Delhi that long term resourc...
October 12, 2010 6:34 PM
Indian equities dropped today erasing earlier gains. The Sensex shed 136 points to close at 20,203. NSE Nifty went down by 44.95 points at 6,090.Broader markets were also in the red with the BSE midcap index ending 0.52 percent down and the BSE smallcap index closing flat.
October 12, 2010 3:19 PM
The Sensex at the Bombay Stock Exchange fell 88 points, or 0.4 per cent, to 20,252, in opening trade, this morning, as investors booked profits amid a weak trend in the Asian region. But poor industrial growth data later led to the Sensex losing further ground. So after plunging as much as 225 point...
October 12, 2010 2:43 PM
Finance Minister Pranab Mukherjee has called the slower growth in industrial output in August, disappointing. He was talking to reporters at the sidelines of a function in New Delhi today. The annual industrial output growth plummeted to single digits in August to 5.6 per cent compared with an upwar...
October 12, 2010 2:33 PM
The Sensex at the Bombay Stock Exchange fell 88 points, or 0.4 per cent, to 20,252, in opening trade, this morning, as investors booked profits amid a weak trend in the Asian region. But poor industrial growth data later led to the Sensex losing further ground. So after plunging as much as 225 point...
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