Economy is poised to grow at 8.5 percent: FM

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...

PMEAC projects growth at 8.5%

The Prime Minister's Economic Advisory Council has said that the country's economy is set to grow at 8.5 per cent this fiscal and 9 per cent in 2011-12. It, however, maintains that the global recovery after the financial crisis will be slow. Unveiling the economic outlook for the c...

Economy to grow by 8.5 pc 2010-11: PMEAC

Sensex up 18 points

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained a modest 18 points, or 0.1 per cent, to 18,131, today. The Nifty at the National Stock Exchange rose 7 points, or 0.1 percent, to 5,449.

Negotiations with India on comprehensive FTA in advanced stage: EU

The European Union says that the negotiations with India on a comprehensive Free Trade Agreement are in an advanced stage. The EU Ambassador, Daniele Smajda, asserted that this will enhance India-EU investment relations. Addressing a roundtable conference on Indian investments in EU in New Delhi tod...

Sensex trading modestly high

Rising for the third straight session, the Sensex at the Bombay Stock Exchange climbed 124 points, to 18,238 in opening trade Friday morning, amid firm Asian bourses.After paring its gains, the Sensex stood 34 points, or 0.2 percent in the green, at 18,147, a short while ago.Domestic investor sentim...

Economy to grow by 8.5 pc 2010-11: PMEAC

Markets remain volatile after opening in green<br/>

The markets are highly volatile on Friday after opening in green. BSE&apos;s benchmark index Sensex, which opened 124 points up, was hovering around 18,120 points, with a meagre gain when reports came in. National Stock Exchange&apos;s Nifty is also trading around 5,442, a short while ago.

Economy to grow by 8.5 pc 2010-11: PMEAC

SBI raises $ 1 billion via issue of bonds to institutional buyers

The country&apos;s largest public sector lender, State Bank of India, has raised one billion dollars through an issue of bonds to qualified institutional buyers. State Bank of India, acting through its London Branch, successfully priced an offering of one billion dollars of senior unsecured bond...