Business

September 23, 2009 11:12 AM

Supercritical power plant to be built with Japanese technology: Jairam Ramesh

Environment Minister Jairam Ramesh has expressed the hope of a long-term partnership with Japan in the field of green technology. He also praised the message given by Japanese Prime Minister Yukio Hatoyama at the high-level Climate Change Summit at the United Nations. Talking to PTI, Mr. Ramesh said...

September 23, 2009 11:11 AM

Solar energy to be used for drying fish

In a bid to expand the market for dried fish products in the country, the Central Institute of Fisheries Technology (CIFT) in Kochi has developed a new system for drying fish using solar energy. Director CIFT Dr B Meenakumari said, the hybrid solar drying system, developed by the engineering divisio...

September 23, 2009 10:36 AM

Markets open in red down by 40 pts

The Bombay Stock Exchange benchmark Sensex today opened lower by nearly 40 points on emergence of profit-selling by investors and others market players.The 30-share index, Sensex, which had gained 145 points in the previous trading session, lost 39.82 points at 16,846 in the first five minutes of tr...

September 23, 2009 10:13 AM

Rupee strengthens against dollar

The rupee today strengthened by 9 paise to quote at almost six-week high of 47.86 against the US dollar in early trade. At the Interbank Foreign Exchange (Forex) market, the domestic unit appreciated by 9 paise at 47.86 a dollar over the previous close. On Tuesday, the rupee closed 18 paise higher a...

September 23, 2009 8:51 AM

World Bank unveils USD 4.345 billion in loans to India

The World Bank announced USD 4.345 billion in loans to India, including 2.0 billion for the banking sector. The development lender said its executive board approved on Tuesday loans for projects in five countries, with the loans for India by far the largest.The World Bank said it had extended a USD ...

September 22, 2009 8:29 PM

ADB revises Asian growth rate forecasts

The Asian Development Bank (ADB) has said the economies of China and India are set to grow by more than previously thought in 2009. It said government spending in developing Asian economies had enhanced the region's growth prospects. The ADB now expects China to grow by 8.2 per cent in 2009...

September 22, 2009 6:21 PM

Advance tax collections up 13.10 pc

In a visible sign of economic recovery, advance tax collections are up 13.10 per cent at 49,502 crore rupees in the second quarter against negative growth of nearly six per cent in the previous quarter. A Finance Ministry official today told newsmen in New Delhi that advance mop up of corporate tax ...

September 22, 2009 6:20 PM

Advance tax collections up 13.10 pc

In a visible sign of economic recovery, advance tax collections are up 13.10 per cent at 49,502 crore rupees in the second quarter against negative growth of nearly six per cent in the previous quarter. A Finance Ministry official today told newsmen in New Delhi that advance mop up of corporate tax ...

September 22, 2009 6:02 PM

Sensex closes 145 points high

The benchmark Sensex today rose by over 145 points and the wider index Nifty regained the crucial 5,000 level after 16 months.The Bombay Stock Exchange benchmark index Sensex settled at 16,886.43 points, higher by 145 from its last close. National Stock Exchange index Nifty shot up by 44.15 points t...

September 22, 2009 2:31 PM

Advanced corporate tax receipt increases

Advanced corporate and personal income tax collections have registered a positive growth in the second quarter against negative growth in the first, showing signs of a clear economic upturn. Finance Ministry sources told newsmen in New Delhi, corporate tax and personal income tax grew by 14.7 per ce...

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