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March 24, 2010 5:08 PM
Government has said that there is a need to make development sustainable. Addressing a seminar in New Delhi today Corporate Affairs minister Salman Khurshid said this is possible only when Corporate Social Responsibility, CSR, is internal to businesses. He said the government does not want to be lik...
March 24, 2010 4:38 PM
The government's Chief Economic Advisor, Kaushik Basu, today said that economic growth in the fourth quarter of the current fiscal is likely be around 8.5 per cent, as the economic recovery is beginning to hold. Speaking to reporters in Mumbai, he said that on the back of improving economic...
March 24, 2010 12:01 PM
Oil prices fell in Asian trade today after nearing 82 dollars. This follows dampened sentiment due to a private report showing weaker US energy demand. New York's main contract, light sweet crude for May delivery, dropped 67 cents to 81.24 dollars a barrel. Brent North Sea crude for May was...
March 23, 2010 8:37 PM
The prices of sugar, pulses and onion continue to decline across the country. According to official release, the sugar prices have declined at 12 centres including Delhi, Shimla, Raipur and Patna. The prices of other commodities have generally remained steady. Tur dal prices have come down in Delhim...
March 23, 2010 5:17 PM
Sensex at the Bombay Stock Exchange closed a modest 40 points, or 0.2 percent higher, at 17,451, today. The Nifty at the National Stock Exchange rose 20 points, or 0.4 percent, to 5,225. Stock markets in Japan, China, Hong Kong, Singapore and South Korea ended mixed.
March 23, 2010 5:17 PM
The government today said that the private as well as public sector will be allowed to raise resources by issuing long-term infrastructure bonds carrying tax benefits.Finance Minister Pranab Mukherjee said this at a conference on infrastructure sector in New Delhi today. Noting that funding was a ma...
March 23, 2010 2:38 PM
RBI Governor D Subbarao today said India can achieve double-digit economic growth if millions of people, who are not covered by financial services, are brought under organised banking system which will raise the overall savings level.He said that providing complete financial services to nearly half ...
March 23, 2010 10:33 AM
The Bombay Stock Exchange benchmark Sensex recovered by over 120 points, 0.69 per cent, in the opening trade today on fresh capital inflows from foreign funds amid moderate gains in global markets.The 30-share index, which had lost 167.66 points in the previous session, recovered by 120.22 points to...
March 22, 2010 8:49 PM
Snapping a four-session winning streak, the Sensex at the Bombay Stock Exchange fell 168 points to 17,411, today. This follows weak global markets, and after the Reserve Bank's unexpected hike in key policy interest rates. The Sensex had fallen 19 points at the day's high, and lost...
March 22, 2010 6:18 PM
RBI Governor D Subbarao today said India can achieve double-digit economic growth if millions of people, who are not covered by financial services, are brought under organised banking system which will raise the overall savings level.He said that providing complete financial services to nearly half ...
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