Railways' earnings rise 7.83 per cent<br/>

Railways&apos; earning has gone up by nearly 7.83 per cent. An official release says, the total earnings of Indian Railways during April-September this year were over 44,300 crore rupees compared to nearly 41,100 crores in the same period last year. Goods earnings shot up by 6.57 per cent with a...

Sensex gains 135 points; Reaches 33 month high<br/>

The Sensex at the Bombay Stock Exchange gained 135 points to a fresh 33-month high of 20,543 on strong foreign fund inflows, amid optimism about encouraging quarterly corporate earnings, and firm global markets, today. The Nifty at the National Stock Exchange rose 41 points to 6,186. Stock markets i...

Centre rules out extending cap on cotton export beyond 55 lakh bales

Government has ruled out extending the cap on cotton export beyond 55 lakh bales this year. Secretary of Textiles Ministry Rita Menon said that if the production exceeds the expected mark, the cap may be revised. Cotton production is expected to be at 325 lakh bales this season.

CCEA approves disinvestment of part of Govt equity in SCI

The Cabinet Committee on Economic Affairs, CCEA, has approved disinvestment of part of Government equity in Shipping Corporation of India Limited (SCI). It has approved sale of 10 per cent of the existing equity out of the government shareholding amounting to over four crore shares in the domestic m...

Sensex sheds early gains, up by 102 points in afternoon trade <br/>

The Sensex at the Bombay Stock Exchange surged 262 points, or 1.3 per cent, to 20,670 in opening trade on Wednesday, on strong foreign fund inflows, triggered by a rally in the global markets. After surrendering much of its initial gains, the Sensex still stood 102 points, or 0.5 percent in the gree...

RBI expresses concern over heavy foreign capital flow into domestic market

CCEA approves disinvestment of part of Govt equity in SCI

The Cabinet Committee on Economic Affairs, CCEA, has approved disinvestment of part of Government equity in Shipping Corporation of India Limited (SCI). It has approved sale of 10 per cent of the existing equity out of the government shareholding amounting to over four crore shares in the domestic m...

Rupee strengthened by 38 paise against US dollar

The rupee strengthened by 38 paise to 44.30 rupees a dollar at the Interbank Foreign Exchange market in early trade on Wednesday, on surging capital inflows into equities by foreign funds. Besides, dollar&apos;s weakness overseas, as it declined near 8-month low against the euro also supported t...

Sensex climbs 262 points, Nifty up 77 points in opening trade

The Bombay Stock Exchange benchmark Sensex jumped by 262.24 points to 20,669.95 in the opening trade on Wednesday on strong FII inflows, triggered by firming global markets. The 30-share index, which had lost 68.02 points in the previous session, gained 1.28 per cent on the back of surge in metals, ...

India adds 51.18 mn mobile users in Apr-June quarter: TRAI

The country added a whopping 51.18 million mobile users during the quarter ended 30th June this year, taking the wireless subscriber base to 635.51 million. Telecom Regulatory Authority of India (TRAI) said in a statement that the total telecom subscriber base (including wireline and wireless)touche...