Markets trade in red

Markets are trading in the red on Monday. Bombay Stock Exchange's benchmark Sensex was hovering around 18,090 points level, down around 40 points. National Stock Exchange's Nifty is also down by 12 points, at 5,437.

Markets trade in red today

Markets are trading in the red today. Bombay Stock Exchange's benchmark Sensex was hovering around 18,090 points level, down around 40 points. National Stock Exchange's Nifty is also down by 12 points, at 5,437.

Slight rise in Oil prices

Oil prices rose slightly as investors awaited the European market's reaction to last week's bank stress test results and as a US storm threat eased. New York's main contract, light sweet crude for delivery in September, edged up 13 cents to 79.11 dollars a barrel while Bre...

Rupee gains 3 paise against US dollar in early trade

The Indian rupee gained 3 paise to 46.90 against the US dollar in early trade on Monday. This largely due to back of fresh foreign capital inflows into equities. The domestic currency had closed 19 paise higher at 46.93/94 in the previous session on the Friday.

Sensex gains over 63 points in opening trade

The Bombay Stock Exchange benchmark Sensex extended its gains in opening trade on Monday, rising by over 63 points. This follows fund and retail investor-buying, driven by a firming trend in the Asian region. The 30-share index, which gained nearly 253 points in the previous four sessions, added 0.3...

The Government has agreed to enhance the pay structure of Regional Rural Banks, RRBs employees which will be at par with that of commercial banks. Briefing media after his meeting with the Chairmen of RRBs in New Delhi on Sunday, Finance Minister, Pranab Mukherjee said that the arrears will put an a...

Govt open to infuse more equity in Air India: Patel

Civil Aviation Minister Praful Patel has said that the government is open to infuse more equity in Air India provided the national carrier manages to improve its performance. Talking to reporters in Mumbai on Sunday, Mr Patel said, the airliner has already received 800 crore rupees from the governme...

Re-examine the way you handle tax disputes, FM asks IT department<br/>

Calling it the biggest litigant in the entire Government, Finance Minister Pranab Mukherjee has asked the Income Tax Department to reexamine the way it handles tax disputes. He said, the Department is filing appeals in a routine manner without careful thought and examination leading to the Income Ta...

Economy is poised to grow at 8.5 percent: Pranab

The Finance Minister today expressed hope that with the economy poised to grow at 8.5 percent during the current fiscal, the tax growth in the country will regain its past buoyancy. He said that he expects a double-digit contribution of Direct taxes to GDP. Speaking at a conference to mark 150 years...

Centre will compensate losses after implementation of GST, assures FM

Finance Minister Pranab Mukherjee has assured the states that the Centre will fully compensate possible losses that may arise out of the implementation of the Goods and Services Tax - GST - regime. He was responding to the concerns expressed by some Chief Ministers in this regard at the National Dev...