Cochin Port Trust signs MoU for operation of roll-on roll-off barge service

The Cochin Port Trust and the Inland Waterway Authority of India have signed an MOU for operating a Roll-on and Roll-off barge service for the transportation of containers between Wellington and Vallarpadam islands in Kochi.The MOU was signed by the Cochin Port Trust Chairman Mr N Ramachandran and t...

Sensex ends higher by 36 points

The Sensex at the Bombay Stock Exchange closed 37 points, or 0.2 percent higher, at 16,844, amid firm global markets, today. The Nifty at the National Stock Exchange added 17 points, or 0.3 percent, to 5,002. Stock markets in Japan, Singapore, Hong Kong and South Korea rose between 0.5 percent and 1...

Inflation falls to 0.70 percent

Inflation fell to 0.70 per cent for the week ending September 26. It was 0.83 per cent in the previous week. The fall is due to slight easing of food prices over the week. Among food items poultry chicken fell by 3 per cent while bajra, fruits and vegetables, condiments and spices, and arhar prices ...

Sensex rises by192 pts in opening trade

The Bombay Stock Exchange benchmark index Sensex today rose by192 points in opening trade. Sensex was at 16920, up by 117 points when reports last came in.Analysts said the rise in Sensex is due to flurry of buying by funds, bolstered by an unexpected announcement of a liberal bonus share issue by R...

Indian rupee strengthens by another 30 paise

The Indian rupee strengthened by another 30 paise to trade at one-year high of 46.36 a dollar in opening trade on Thursday. On Friday, the Indian rupee ended 22 paise higher at 46.66/67 against the US currency on heavy dollar selling.Dealers said besides the weakening of dollar against major currenc...

Oil prices rebounds in Asian trade

Indian Economy to grow more than 6.3 %: Planning Commission

The Planning Commission says the economy may grow at a rate higher than 6.3 per cent projected earlier as it sees drought having lesser impact on agriculture. Planning Commission Deputy Chairman Montek Singh Ahluwalia said that the commission had earlier projected a 2.5 per cent fall in the farm out...

India re-elected to UNWTO Council

India has been re-elected to the Executive Council of the United Nations World Tourism Organisation for another four-year term. The 18th General Assembly session of UNWTO was being held in Astana in Kazakhstan from 5th to 8 October.The Executive Council is the governing body of the UNWTO which is re...

Sensex falls by 152 pts on concerns over rising rupee

Paring its early gains, the Bombay Stock Exchange benchmark Sensex on Wednesday declined by 152 points after heavy selling in IT shares on concerns that firming rupee will hit the revenues of software companies. The 30-share index, which had gained 162 points during the day, closed at 16,806.66 poin...

India's trade with UAE worth $44.5 bn: Tharoor

The UAE is India's top trading partner with two-way (non-oil) trade valued at 44.5 billion US dollar in 2008-2009. Minister of State for External Affairs Shashi Tharoor told this to reporters in Abu Dhabi during his current official visit to the country. He said this accounts for about half...