Business

March 17, 2010 1:52 PM

India asks US to further streamline its rigid export controls

India asks US to further streamline its rigid export controls saying that barriers continue to hamper transfer of high-technology.At the day-long seventh meeting of the US-India high-technology cooperation group in Washington, the Foreign Secretary Nirupama Rao identified the specific barriers which...

March 17, 2010 1:42 PM

Govt. considering to infuse capital in public sector banks

Government is considering to infuse capital of around 16,500 crore rupees in the public sector banks by the end of next month. Speaking at National Microfinance Conference in New Delhi today, Finance Secretary Mr. R Gopalan asked Microfinance Institutions to rationalize the lending process in order ...

March 17, 2010 12:53 PM

India asks US to review and update its export controls

India has asked the United States to review and update its export controls to reflect the changed political realities of their emerging strategic partnership. Foreign Secretary Nirupama Rao raised the issue with the US Department of Commerce during a two- day meeting at Washington of the India-US Hi...

March 17, 2010 11:18 AM

BSE Sensex up by over 118 points

The Bombay Stock Exchange benchmark Sensex shot up by over 118 points, 0.68 per cent, in opening trade today on a flurry of buying by funds driven by rallies in global markets.The 30-share index, which had gained 218.19 points in the previous volatile session, gained another 118.48 points to reach 1...

March 17, 2010 11:17 AM

Rupee appreciates 15 paise against dollar

The Indian rupee appreciated by 15 paise to 45.43 a dollar in the early trade today amid increased capital inflows by foreign funds into equities. The domestic currency had closed 15 paise lower at 45.59 in its previous session. Dealers said the rupee strengthened against the US currency largely in ...

March 17, 2010 11:16 AM

India asks US to further streamline its rigid export controls

India asks US to further streamline its rigid export controls saying that barriers continue to hamper transfer of high-technology.At the day-long seventh meeting of the US-India high-technology cooperation group in Washington, the Foreign Secretary Nirupama Rao identified the specific barriers which...

March 16, 2010 8:18 PM

Sensex soars 218 points to reach 8 week high

Sensex soared by 218 points today to touch a 8-week high.The BSE's index reached 17,383 points, the highest closing level since January 20.Today's rally is atributed to to heavy buying by foreign investors.

March 16, 2010 1:18 PM

Govt. to provide level playing field for public, pvt. Sector insurance company

Today said it will provide level playing field to both private and public sector insurance companies for growth. Replying to supplementary questions in the Rajya Sabha, Finance Minister Mr. Pranab Mukherjee said the number of pending claims is coming down every year.Mr Mukherjee said for addressing ...

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