WTDC adopts Hyderabad Action Plan

The World Telecommunication Development Conference (WTDC) has laid emphasis today on equitable and sustainable development of information and Communication Technology networks and services worldwide in its Hyderabad declaration. The Hyderabad Action Plan that has been adopted by the WTDC after 10-da...

The G-20 is unlikely to make headway on the contentious issue of taxing banks for future bailouts with India, Australia and Canada opposing it. Finance minister Pranab Mukherjee made known India's preference for regulatory mechanism instead of bank tax at a meeting with II Sakong, the chair...

Sensex gains 95 points

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained 95 points, or 0.6 percent, to 17,118, today. The Nifty at the National Stock Exchange rose 25 points, or 0.5 percent, to 5,136.

Sensex opens 48 points down in early trade

The Bombay Stock Exchange benchmark Sensex fell by over 48 points in early trade today as funds and retail investors sold stocks amid mixed Asian trend. The 30-share index, which rallied by nearly 450 points in the past two sessions, lost 49 points, or 0.25 per cent, to trade at 16,974 points after ...

ADB loan to help Bangladesh boost natural gas supply

ADB loan to help Bangladesh boost natural gas supply The Asian Development Bank will provide a loan of 266 million US dollars to Bangladesh for im

Dabhol-Bangalore Gas pipeline to be laid by March 2012

The Chairman and Managing Director of Public Sector Undertaking Gas Authority of India Limited, GAIL,B C Tripathi informed on the sidelines of Global Investors Meet in Bangalore today that Dabhol-Bangalore Gas pipeline will be laid by March 2012. From Dabhol in Maharashtra to Bangalore in Karnataka ...

Sensex ends 280 points up

Gaining for the second straight session, the Sensex at the Bombay Stock Exchange surged 280 points, or 1.7 per cent, to close above the 17,000 level, at 17,022, today. The Nifty at the National Stock Exchange jumped 91 points, or 1.8 percent, to 5,111. Global markets also rallied, as strong US econo...

Sensex gains 289 pts, trading above 17K

The Bombay Stock Exchange benchmark Sensex regained the 17,000-point level at noon today on buying by funds in heavy-weight stocks on a firming global trend. The Sensex was trading at 17029, up by 289 points when reports last came in. The upsurge was led by stocks of Tata Motors, SterliteIndustries,...

Govt releases nineteen lakh tonnes of sugar to meet demand

Nineteen lakh tonnes of sugar have been released by government for sale this month. An official release says, this includes over 2 lakh tonnes of levy sugar. The release says this will meet the demand of sugar for the current month.