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November 23, 2009 10:21 AM
The rupee strengthened by 16 paise to 46.45 against the US currency extending Friday's gains in early trade today on hopes of increased capital inflows into equity and dollar selling by exporters.Dollar's weakness against other currencies also supported the Indian rupee.At the Inte...
November 23, 2009 10:13 AM
Oil prices moved above 78 dollars a barrel in Asian trade today as a weaker US dollar helped boost demand. New York's main contract, light sweet crude for January delivery, advanced 79 cents to 78.26 dollars a barrel in morning trade. The December contract, which expired at the weekend, clo...
November 23, 2009 9:58 AM
The steel ministry is keeping a tab on steel imports into India after allegations by domestic steel majors of large scale dumping by China and East European countries. "We are keeping close watch on imports and will take steps if large scale import of steel is noticed," Union Steel...
November 21, 2009 9:47 PM
The Union Minister for Home affairs Mr.P.Chidambaram has said that members of Self Help Groups should venture into starting micro enterprises instead of traditional toy making. Launching 20 branches of REPCO BANK and REPCO 40 Plus from Chennai on Saturday, Mr.Chidambaram said that the concept of Sel...
November 21, 2009 9:42 PM
The CBI has arrested Satyam's internal audit head V S Prabhakar Gupta for allegedly fabricating account books. The arrest comes days before the Premier Investigating Agency is due to file a second charge sheet in the multi-crore fraud at the IT firm. The CBI spokesman Harshbhal told AIR tha...
November 21, 2009 5:57 PM
Punjab has achieved the 140 lakh tonne paddy procurement target. This is about eight lakh tonne more than the corresponding period last year. The target was 145 lakh tonne in the last year.This year target has been achieved despite poor rain. Of the total procurement so far, the government agencies ...
November 21, 2009 5:53 PM
Telecom regulator TRAI on Friday said mobile operators can charge not more than Rs 19 from customers for switching to another operator under the proposed Mobile Number Portability scheme.The per port transaction charge will be Rs 19 and the subscriber will not be charged more than that.However, oper...
November 20, 2009 9:02 PM
Air India pilots, protesting management's alleged moves to cut their salaries and allowances, today deferred their strike threat from next Tuesday by six days, even as the conciliation talks remained inconclusive.After a six-hour long marathon meeting, Chief Labour Commissioner S K Mukhopad...
November 20, 2009 8:06 PM
In a bid to woo more customers to its first and executive classes on international routes, national air-carrier, Air India, has offered a 20 per cent discount to senior citizens. An Air India press release said today that senior citizens , 65-years and above, are now eligible for a 20 per cent disco...
November 20, 2009 7:04 PM
The government today said it will not import rice for the time being as it has enough stocks of the food grain, but kept the option open to meet needs in the future.The Commerce and Industry Minister Mr. Anand Sharma told this to reporters in New Delhi after a meeting of the empowered panel of minis...
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