Business

April 10, 2010 6:05 PM

People of Delhi shifting to Haryana , UP to buy diesel

People of Delhi are shifting to the neighbouring states of Haryana and UP to buy diesel after the increase in VAT on Diesel by the Delhi government. A Diesel price in these states is cheaper by at least 4 rupees as compared to Delhi. Atul Pishodia, Chairman Delhi Petrol Diesel association says this ...

April 10, 2010 4:37 PM

FM hints at further roll back of stimulus

Finance Minister has hinted further roll back of stimulus measures announced in back drop of the global financial crisis. Speaking at a function in Kolkata today he said economic recovery has offered room for such a move. He said he is hopeful that the economy could still grow up to 8.75 per cent in...

April 10, 2010 2:34 PM

Govt to consider six proposals for new SEZs

The government will consider six proposls for developing new Special Economic Zones on Saturday. Companies will also put forth their proposals for the development of tax-free enclaves. The Inter-Ministerial Board of Approval will take decision on the plight of companies who want to surrender their S...

April 10, 2010 1:32 PM

President asks PSUs to focus on R&D to become competitive

The President Mrs Pratibha Devisingh Patil has asked the public sectors to focus on research and development to become globally competitive. Speaking on the occasion of public sector day in New Delhi today, she said public sector undertakings are the backbone of country's economy . The Pres...

April 10, 2010 12:54 PM

President asks PSUs to focus on R&D to become competitive

The President Mrs Pratibha Devisingh Patil has urged the public sector to focus on research and development to become globally competitive. Speaking on the occasion of public sector day in New Delhi today, she said public sector undertakings are the backbone of country's economy . The Presi...

April 9, 2010 7:12 PM

Govt to consider six proposals for new SEZs tomorrow

The government will consider six proposls for developing new Special Economic Zones tomorrow. Companies will also put forth their proposals for the development of tax-free enclaves. The Inter-Ministerial Board of Approval will take decision on the plight of companies who want to surrender their SEZs...

April 9, 2010 7:12 PM

Rupee gain not to impact exports, says Govt

The government today said that the gain of the rupee would not have a negative impact on Indian exports.Talking to reporters in New Delhi today Commerce secretary Rahul Khullar said that any sharp appreciation would be detrimental. He however did not think that the appreciation has been all that sha...

April 9, 2010 6:22 PM

Centre rejects exporters' claims on curtailing FII inflows

The government today rejected exporters' claims that FII inflows needs to be curtailed, as it is largely responsible for the appreciation of rupee against the dollar. Commerce Secretary Rahul Khullar told reporters in New Delhi,rupee appreciation has not been that sharp as to hurt Indian ex...

April 9, 2010 6:19 PM

Centre rejects exporters' claims on curtailing FII inflows

The government today rejected exporters' claims that FII inflows needs to be curtailed, as it is largely responsible for the appreciation of rupee against the dollar. Commerce Secretary Rahul Khullar told reporters in New Delhi,rupee appreciation has not been that sharp as to hurt Indian ex...

April 9, 2010 6:18 PM

Sensex recovers losses, Gains 218 points

On the back of strong global cues, the Indian markets today managed to recover most of yesterday's losses and ended in the green. The benchmark index at the Bombay Stock Exchange today closed at 17,933 with a gain of 218 points.All the sectoral indices today ended in the green led by oil an...

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