Sensex gains 110 points to 33,338<br/>

The benchmark Sensex gained 110 points to 33,338 in the late morning trade today. The NSE, Nifty was also up 38 points.It was trading at 10,278 a short while ago. At the foreign exchange market,the rupee fell by 03 paise at 64.54 against the US dollar today.

Rupee up by 16 paise at 64.56 against dollar

The rupee took a hit of 16 paise at 64(point)56 against the US dollar today. Yesterday, the rupee had shed 3 paise at 64.40 against the US currency in a quiet session.The benchmark Sensex fell 104 points to 33,123 in the early trade today.

Rupee up by 16 paise at 64.56 against dollar

The rupee took a hit of 16 paise at 64.56 against the US dollar today. Yesterday, the rupee had shed 3 paise at 64.40 against the US currency in a quiet session.The benchmark Sensex fell 104 points to 33,123 in the early trade today.

Govt sets aside Rs 10000 cr service tax demand notices on IT firms

In a relief to IT companies, government has set aside a 10,000 crore rupee service tax demand notices on IT companies. In a statement, the Finance Ministry said, as a result, apprehensions about the negative effects on the software industry are without basis.The government&apos;s move came a day...

Retail inflation rises to 4.88 per cent in November

Retail inflation has risen to 4 point 88 per cent in November this year on account of costlier fuel, vegetables and eggs. According to the Ministry of Statistics and Programme Implementation, the inflation, based on Consumer Price Index (CPI), was at 3.58 per cent in October. It was 3.63 per cent in...

Govt sets aside Rs ten thousand crore service tax demand notices on IT companies

In a relief to IT companies, government has set aside a ten thousand crore rupees service tax demand notices on IT companies. The tax department had slapped service tax demand notices on about 200 information technology and IT-enabled services companies. It had asked them to return export benefits c...

India makes strong pitch at WTO for solution on food stockpile

Retail inflation rises to 4.88 per cent in November

Retail inflation has risen to 4.88 per cent in November this year on account of costlier fuel, vegetables and eggs. According to the Ministry of Statistics and Programme Implementation, the inflation, based on Consumer Price Index (CPI), was at 3.58 per cent in October. It was 3.63 per cent in Novem...

Industrial output growth hits to 3-mth low of 2.2% in Oct

Growth in the country&apos;s industrial production hit a three-month low of two point two per cent in October this year. Factory output, measured in terms of the Index of Industrial Production, had increased 4.2 percent in October last year, and 4.14 percent in September this year. Data released...

Industrial output growth hits to 3-mth low of 2.2% in Oct

Growth in the country&apos;s industrial production hit a three-month low of 2.2 per cent in October this year. Factory output, measured in terms of the Index of Industrial Production, had increased 4.2 percent in October last year, and 4.14 percent in September this year. Data released by the Ce...