Business

August 13, 2010 10:59 AM

BSE Sensex opens higher by 79 points

The Sensex today opened higher by 79 points on buying by funds in blue chips, especially banking and PSU stocks. The 30-share index gained 79 points to trade at 18,153 points in the first five minutes of trading. All the sectoral indices were trading in the positive zone with gains up to 1.15 per ce...

August 13, 2010 8:41 AM

Sensex rise 4 points

The Sensex at the Bombay Stock Exchange rose just 4 points, to 18,074. But, the Nifty at the National Stock Exchange lost 4 points, or 0.1 percent, to 5,416.

August 12, 2010 9:58 PM

Govt decision on blocking some BlackBerry phone services deferred

The Government today deferred a decision on blocking some BlackBerry phone services and decided to hold further consultations with all stakeholders soon. Union home secretary G K Pillai chaired a meeting in New Delhi today to decide on the fate of Blackberry services in the country in the wake of se...

August 12, 2010 9:20 PM

31st Oct deadline for mobile number portability service implementation

The Government has set 31st October 2010 as the time line for implementation of mobile number portability service. Informing the Rajya Sabha today, the Minister of State for Communications, Mr. Sachin Pilot said, all the networks in the country have been technically upgraded for implementation of th...

August 12, 2010 9:15 PM

Food inflation jumps to 11.4 %<br/>

After declining to a single-digit level for two weeks, food inflation again moved up into double digits, at 11.4 per cent for the week ended July 31, as the prices of cereals, milk and fruit went up. Food inflation had stood at 9.53 per cent in the previous week.

August 12, 2010 7:49 PM

No immediate plan to offload stake in SBI: Govt<br/>

The government has no immediate plan to offload its stake in the State Bank of India and the nod sought from parliament to sell up to 49 percent holding in the country&apos;s largest lender need not necessarily be acted upon. Finance Minister Pranab Mukherjee while introducing the amendment in t...

August 12, 2010 7:05 PM

Industrial growth down to 7.1 % in June<br/>

Snapping an eight-month trend of double-digit rise, industrial growth slowed to 7.1 per cent in June, this year. The figure was 8.3 per cent in the same month a year ago. Growth in manufacturing, which constitutes around 80 per cent of the Index of Industrial Production, fell to 7.3 per cent, from 8...

August 12, 2010 7:04 PM

Industrial growth down to 7.1 % in June<br/><br/> <br/>

Snapping an eight-month trend of double-digit rise, industrial growth slowed to 7.1 per cent in June, this year. The figure was 8.3 per cent in the same month a year ago. Growth in manufacturing, which constitutes around 80 per cent of the Index of Industrial Production, fell to 7.3 per cent, from 8...

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