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November 19, 2009 6:49 PM
The Finance Ministry and the Reserve Bank will soon issue directions to the banks to step up credit for micro, small and medium enterprises (MSMEs) to make them more effecient.A task force formed by Prime Minister Manmohan Singh on Thursday discussed steps to enhance credit to MSMEs, which contribut...
November 19, 2009 5:41 PM
Falling for the second straight day, the Sensex at the Bombay Stock Exchange declined 213 points, or 1.3 percent, to 16,786, today. The Nifty at the National Stock Exchange lost 66 points, or 1.3 percent, to 4,989. Stocks markets in Japan, China, Singapore, Hong Kong and South Korea ended mixed.
November 19, 2009 5:40 PM
Gold rose 30 rupees, to a new record high of 17,400 rupees per ten grams at Delhi's bullion market, today. Silver ready remained steady at 28,600 rupees per kilo. Gold in international markets also surged to an all-time high of over 1,153 dollars an ounce.
November 19, 2009 5:34 PM
The government today called upon the foreign investors to invest in textile sector which has huge market. Union Textile Minister, Mr. Dayanidhi Maran while inaugurating 24th IAF World Apparel Convention in New Delhi, said that India has low cost skilled young manpower for the textile sector. He said...
November 19, 2009 2:53 PM
Food inflation shot up to 14.55 per cent for the first week of November as pulses, mutton and spices turned costlier. Against this, food inflation stood at 13.68 per cent for the week ended October 31.Prices of urad rose by 9 per cent, mutton and moong by 4 per cent each, while condiments & ...
November 19, 2009 2:38 PM
The Sensex at the Bombay Stock Exchange fell 71 points, to 16,928 in opening trade, on Thursday morning, on profit-booking by investors. Losing further ground, the Sensex stood 136 points, or 0.8 percent in the red, at 16,863, a short while ago. The Nifty at the National Stock Exchange lost 42 point...
November 19, 2009 11:00 AM
The rupee depreciated by 18 paise to 46.38 against the US currency in early trade on expectations of capital outflows by foreign funds and dollar demand from importers on Thursday.At the Interbank Foreign Exchange (Forex) market, the domestic unit traded 18 paise down at 46.38 a dollar. The rupee en...
November 19, 2009 10:58 AM
The Bombay Stock Exchange benchmark Sensex fell by around 70 points on Thursday as funds and retail investors indulged in booking profits amid weak Asian markets.The Sensex, which had lost 51.87 points in yesterday's choppy trade, moved further down by 70.68 points to 16,928 in early trade....
November 18, 2009 7:52 PM
Government says, despite global economic recession Indian textile sector endured the pressure successfully and the sector is showing now fast signs of revival. Union minister of textiles, Mr. Dayanidhi Maran said exports markets in the textiles has registerd15 % growth, though it is low as compared ...
November 18, 2009 5:59 PM
The Bombay Stock Exchange benchmark Sensex today fell point 3 per cent as investors sold shares to book profits, ending a three-day rally. The 30-share benchmark index, which gained over 355 points in the last three days, attracted profit selling and closed nearly 52 points lower to 16,998. The key-...
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