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December 3, 2009 1:11 PM
The Prime Minister's Economic Advisory Council (PMEAC) Chairman Dr C Rangarajan on Thursday said that the rising food prices must be checked as they have a tendency to lead to manufacturing inflation. Talking to reporters in New Delhi, Dr Rangarajan said that this calls for monetary action ...
December 3, 2009 12:41 PM
The Bombay Stock Exchange benchmark Sensex gained around 121 points in afternoon trade and was at 17298.5 a short while ago. Nifty was meanwhile up by 36.6 points at 5189.9 at the same time. Sensex had gained about 106 points in early morning trade while Nifty moved up by 37.35 points in early morni...
December 3, 2009 11:43 AM
The Bombay Stock Exchange benchmark Sensex on Thursday rose about 106 points in early morning trade. The 30-share Sensex, which had lost 28.36 points in Wednesday's volatile trade, recovered by 0.62 per cent to 17,275.90 in early morning trade. The wide-based National Stock Exchange index N...
December 3, 2009 10:42 AM
A survey has shown that U.S private sector job cuts narrowed in November for the eighth consecutive month. Payrolls Company ADP said 169000 jobs were lost last month which is 26000 fewer than in October. The figures come a day before President Barack Obama is to host a brainstorming meeting with bus...
December 3, 2009 9:32 AM
The World Bank has proposed to increase its lending to India to about 7 billion dollars this fiscal. According to a Finance Ministry statement, this is three times more than an average 2.3 billion dollar in the previous four years. World Bank President Robert Zoellick who met Finance Minister Pranab...
December 2, 2009 9:04 PM
There is no decision yet on the consolidation of Public sector banks, Finance Minister Pranab Mukherjee today said. Speaking on the sidelines of a book release function in New Delhi today, Mr. Mukherjee said that if there is any decision on the issue, it will be on the floor of the House. Earlier, T...
December 2, 2009 8:24 PM
The World Bank has proposed to increase its lending to India to about 7 billion dollars this fiscal. According to a Finance Ministry statement this is three times more than an average 2.3 billion dollar in the previous four years. World Bank President Robert Zoellick met Finance Minister Pranab Mukh...
December 2, 2009 6:43 PM
The Government on Wednesday filed its affidavit in the Supreme Court on the ongoing gas row between the Ambani brothers saying that the arrangement for public sector NTPC cannot be equated with any agreement between RIL and RNRL. The apex court had sought the response after Anil Ambani-led RNRL had ...
December 2, 2009 5:37 PM
Despite the economic recovery, the government's direct tax collections increased by a marginal 3.7 per cent to 1.83 lakh crore rupees in the first eight months of this fiscal. There are just four months of this fiscal left to meet the target of 3.7 lakh crore, almost double of the collected...
December 2, 2009 5:37 PM
The markets snapped the two-day rally today with Sensex closing 28 points down from the previous close amidst weak opening in Europe.The Sensex, which commenced the day higher, continued to fluctuate during the day before ending with a loss of 28 points at 17,170. The National Stock Exchange index N...
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