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August 27, 2010 4:32 PM
The Government today said that it is hopeful of a solution on the BlackBerry issue soon. Talking to reporters after a function in New Delhi, Minister of State for Information Technology, Mr Sachin Pilot said that discussions are on and that the government is not in the business of shutting down serv...
August 27, 2010 4:21 PM
The Government proposed to raise the income tax exemption limit from the present 1.6 lakh rupees to 2 lakh rupees.The Cabinet approved the proposed New Direct Tax Code Bill on Thursday. It will replace the existing Income Tax Act, 1961.The Bill also seeks to remove surcharge and cesses on corporate ...
August 27, 2010 4:19 PM
Government is considering a proposal to sell 65 per cent power from the upcoming Kobra Super Thermal Power project phase three. A similar proposal to sell 63 per cent power of Farraka Super Thermal Power Project phase three is also under consideration. The two projects have thousand mega watt genera...
August 27, 2010 4:18 PM
Three Public Sector Banks have not been able to achieve the Priority Sector Lending target in 2010. This information was given by the Finance Minister Mr. Pranab Mukherjee while replying to a question in the Lok Sabha today. He said those banks who fail to achieve Priority Sector Lending target are ...
August 27, 2010 1:54 PM
The Sensex at the Bombay Stock Exchange fell 66 points, or 0.4 per cent, to 18,161 in opening trade today. Remaining subdued, the Sensex stood 68 points, or 0.4 per cent in the red, at 18,159, a short while ago.Key stock indices in Japan, China, Hong Kong, Singapore and South Korea were trading mixe...
August 27, 2010 11:50 AM
The Bombay Stock Exchange benchmark Sensex today fell by 65 points in early trade. However, later it recovered its initial losses and was trading flat at 18,227 points when reports last came in. Similarly, NIFTY of national stocks exchange was also trading flat at 5477.The fall in Sensex is due to s...
August 27, 2010 10:27 AM
Oil prices fell below 73 dollars in Asian trade today as concerns over weak US economic data pervaded crude markets. New York's main contract, light sweet crude fell 37 cents to 72.99 dollars per barrel while Brent North Sea crude lost 33 cents to 74.69 dollars per barrel.
August 27, 2010 10:20 AM
The rupee today weakened by 2 paise to 46.86 a dollar in early trade at the Interbank Foreign Exchange market. The Indian currency had ended higher by 6 paise at 46.84/85 a dollar on Thursday.Dealers said month-end demand for dollar from importers mainly kept pressure on the rupee.
August 27, 2010 10:19 AM
The Bombay Stock Exchange benchmark Sensex today fell by 65 points in early trade. The Sensex was trading at 18,180 down by 46 points when reports last came in. Similarly, NIFTY of national stocks exchange was down by over 12 points at 5465.The fall in Sensex is due to selling by funds and retail in...
August 27, 2010 9:08 AM
Indian Farmers Fertilizer Cooperative Limited, IFFCO, Managing Director Uday Shankar Awasthi said that there was no shortage of DAP fertilizer in the country. He said in Bareilly in Uttar Pradesh that in the last financial year IFFCO did a business of 16,800 crore rupees and sold 118 lakh MT of fert...
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