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November 11, 2009 2:57 PM
Strong domestic demand and revival in exports will help Indian manufacturing sector to clock 10 to 12 percent growth this quarter of the fiscal. According to a survey by the FICCI, the sectors like electronics and consumer durables, cement, machinery, textiles, chemicals and fast moving consumer goo...
November 11, 2009 2:30 PM
Various central taxes including excise, VAT, and services tax are proposed to be merged in the goods and services tax, GST. This will make it easier for business and industry. A discussion paper on Goods and Services Tax was released in New Delhi by the Chairman of the Empowered Committee of State F...
November 11, 2009 2:25 PM
The Government says, surge in foreign capital inflow is not a cause of concern at present and no specific action is required to arrest it. Talking to reporters in New Delhi today, the Finance Secretary Mr. Ashok Chawla said that FII's inflow into securities market have turned positive and t...
November 11, 2009 2:20 PM
The Government has no plans to reduce the import duty on edible oil for now. This was revealed by the Commerce Minister Mr. Anand Sharma while talking to reporters on the sidelines of a function in New Delhi today. He said that the import of the edible oil will continue to meet the gap between deman...
November 11, 2009 2:20 PM
The Prime Minister's Economic Advisory Council says that the most appropriate timing for a gradual rollback of the fiscal stimulus package would be the next financial year. The Chairman of the Prime Minister's Economic Advisory Council Dr. C Rangarajan said in New Delhi today that ...
November 11, 2009 1:54 PM
The Sensex at the Bombay Stock Exchange rose 37 points, to 16,477 in opening trade, this morning, amid firm Asian markets. Gaining further ground, the Sensex stood 312 points, or 1.9 percent in the green, at, 16,753, a short while ago. The wide-based National Stock Exchange index Nifty also saw an u...
November 11, 2009 1:27 PM
The Sensex at the Bombay Stock Exchange rose 37 points, to 16,477 in opening trade, this morning, amid firm Asian markets. Gaining further ground, the Sensex stood 247 points, or 1.5 percent in the green, at, 16,688, a short while ago.Key stock indices in Hong Kong, South Korea, Taiwan and Singapore...
November 11, 2009 11:58 AM
The Bombay Stock Exchange benchmark Sensex extended its gain to over 150 points in afternoon trade today, close to 16,600 points. The 30-share index, which had ended with losses yesterday, started the session in green and rose 36 points to 16,477 in opening trade. The wide-based National Stock Excha...
November 11, 2009 11:26 AM
The Bombay Stock Exchange benchmark Sensex today rose over 36 points in opening trade. The 30-share index, which had ended with losses yesterday, recovered by 36 points to 16,477 in opening trade. The Sensex had lost over 50 points in the previous day's trade. The wide-based National Stock ...
November 11, 2009 10:16 AM
The rupee today depreciated by two paise to 46.52 against the US currency in early trade. However, dollar's losses against other major currencies, checked rupee's fall. At the Interbank Foreign Exchange (Forex) market, the domestic unit traded 2 paise lower at 46.52 a dollar in ear...
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