Business

September 13, 2010 5:49 PM

Mobile bank to cover all villages by 2015

Reserve Bank of India Deputy Governor K C Chakrabarty has said that there is plan to cover all the villages through mobile banks by 2015. Talking to reporters in Varansi, Uttar Pradesh, he said, every villager would be financially included in the next 5 years. Mobile bank is a facility under which v...

September 13, 2010 1:49 PM

Sensex crosses 19K mark, surges 288 pts

The Sensex at the Bombay Stock Exchange jumped 288 points, to a nearly 32-month high of 19,087, in opening trade, today, amid firm global cues. Gaining further ground, the Sensex stood a hefty 338 points, or 1.8 percent in the green, at 19,138, a short while ago. The Nifty at the National Stock Exch...

September 13, 2010 11:14 AM

Rupee gains against dollar

The Indian rupee gained 21 paise to 46.27 against the US dollar in early trade today on the Interbank Foreign Exchange. Forex dealers said, fresh foreign capital inflows into Indian equities were mainly responsible for the rupee's rise.

September 13, 2010 11:13 AM

Sensex crosses 19K mark susrging 133 pts

The BSE benchmark Sensex regained the crucial 19,000-level in early trade today, adding 287 points on fund-based buying driven by a firming global trend. The 30-share index of the Bombay Stock Exchange surged to 19,087 point in opening trade. It had risen by nearly 133 points in the previous session...

September 13, 2010 10:18 AM

Banks worldwide agree for sweeping reforms to prevent financial crisis

World bankers and regulators have agreed on a package of sweeping reforms which they hope will prevent repeat of a financial global crisis of 2008. The most important measure drawn up at a meeting in the Swiss city of Basel is a requirement for banks to hold a much higher reserves of capital. New ru...

September 12, 2010 2:14 PM

Indians' appetite for poultry increasing fast

Indians' appetite for poultry is increasing fast, in tandem with their growing income on the back of robust economic expansion which is about 8 percent. The Poultry Federation of India (PFI) said that Per capita consumption of chicken is set to rise to 3 kg per person annually from 2.4 kg a...

September 11, 2010 1:10 PM

Govt. hopeful of 5% growth in Agriculture sector

Government says, 5% growth in Agriculture is possible in near future. Concurring with the view of Agriculture Scientist Dr. M. S. Swaminathan, Agriculture secretary P K Basu said in an exclusive interview to our correspondent Vijay Raina that several policy interventions have been taken and good mon...

September 11, 2010 12:49 PM

Govt. confident of achieving 4% growth in agriculture sector

Government is confident to achieve 4 per cent growth in the agriculture sector this year. In an exclusive interview to our correspondent Vijay Raina, Agriculture secretary P K Basu said several policy interventions and good monsoon will help in achiveing this. Mr Basu said the investment in the agri...

September 11, 2010 9:11 AM

IMF warns of risks to global economic recovery

The International Monetary Fund has warned that there are significant risks to global economic recovery. The Washington based organization said many governments are struggling with massive debts and financial sectors remain weak. In a briefing note for Deputy Finance Ministers of the Group of 20 the...

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