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November 9, 2009 2:39 PM
Rising for the fourth straight day, the Sensex at the Bombay Stock Exchange gained 108 points, to 16,268 in opening trade, this morning, on buying by funds and retail investors, after Prime Minister Manmohan Singh said the government would pursue reforms to feed economic growth. Firming trends in ot...
November 9, 2009 11:54 AM
The BSE benchmark index Sensex gained over 100 points in opening trade today, continuing its winning streak for the fourth day, on buying by funds and retail investors. Firming trends at other Asian bourses also influenced the trading sentiments. The 30-share Bombay Stock Exchange index rose by 108 ...
November 9, 2009 11:05 AM
Extending its gains for the fourth straight day, the rupee strengthened by 20 paise in early trade today at 46.60 against the US dollar on expectations of more capital inflows into domestic equities. Dollar's weakness against other currencies also supported the rupee. The Indian rupee ended...
November 8, 2009 6:39 PM
The government is planning to bid out six mega road projects entailing a total investment of 30,000 crore rupees across the country. Talking to reporters in New Delhi, Transport Minister Kamal Nath said, Expressways Authority of Indiawould be set up next year to look at specific needs of developing ...
November 8, 2009 6:14 PM
The newly elected Maharashtra Government has made a provision of 600 crore rupees to improve power supply in the state. In one of the first decisions taken after assuming power in Mumbai today, the Government sanctioned the amount out of 8750 crore required for making the state load-shedding free ti...
November 8, 2009 4:54 PM
The govt's efforts to strengthen Air India through equity infusion may take a final shape next week when a Group of Ministers would discuss its financial problems and the steps the national carrier has taken to cut costs and enhance revenues.Also, a meeting of the Committee of Secretaries (...
November 8, 2009 4:49 PM
India's largest lender State Bank of India has extended its special home loan scheme at 8 per cent interest rate by over four months to 31st March, 2010, a move which would provide relief to small home loan borrowers.The bank, which offers the special scheme under 'My Home Campaign...
November 8, 2009 4:45 PM
State-run Bharat Sanchar Nigam Ltd (BSNL) on Friday announced the launch of per-second billing plan, joining a host of mobile phone operators who have already introduced such tariff scheme.Under the new billing plan, the users can make local and STD calls within BSNL network at the rate of one paisa...
November 8, 2009 1:22 PM
The Centre has undertaken a security audit of all oil depots in the country after the recent fire at the oil depot in Jaipur, Rajasthan. Talking to reporters in Jaipur, Mr. Jitin Prasad, Minister of State for Petroleum and Natural Gas said, the audit will be completed by December end. He said, the s...
November 8, 2009 11:11 AM
A Bill for introducing Goods and Services Taxes (GST) in the country is likely to be tabled in the Winter session of Parliament beginning on the 19th of this month. An Empowered Group of State Finance Ministers has already been constituted to suggest Constitutional amendments. Model GST Act Legislat...
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