Business

March 16, 2016 2:29 PM

Wheat procurement on MSP begins in several districts of MP

In Madhya Pradesh, wheat procurement on minimum support price has begun in several districts from today. The wheat will be procured in Indore, Ujjain, Bhopal and Narmadapuram divisions from today till 14th May. In Gwalior, Chambal, Sagar, Jabalpur, Rewa and Shahdol divisions, procurement will be mad...

March 16, 2016 1:57 PM

Sensex loses over 150 points in afternoon trade

The stock markets have been weak so far today. The Sensex at the Bombay Stock Exchange opened in the red, and after extending its losses, had declined 158 points, to 24,393 a short while ago. Similarly, the Nifty at the National Stock Exchange had dropped 43 points, to 7,418 a short while ago. Other...

March 16, 2016 6:43 AM

Govt imposes anti-dumping duty on plastic-processing imports

Government has imposed anti-dumping duty of up to 44.7 per cent on import of plastic-processing machines from Chinese Taipei, Malaysia, the Philippines and Vietnam for five years. The duty will be levied on imports of all kinds of plastic-processing or injection-moulding machines, also known as inje...

March 15, 2016 1:11 PM

Govt monitoring prices of 22 essential commodities regularly: Paswan

Government is monitoring prices of twenty two essential commodities on a daily basis. Replying to supplementaries in the Lok Sabha, Consumer affairs, food and public distribution minister Ram Vilas Paswan said the Price Monitoring Cell apart from monitoring also provides necessary inputs for making ...

March 15, 2016 1:08 PM

Bangladesh's bank governor resigns on $81 million cyber theft

In Bangladesh, the Reserve Bank Governor Atiur Rahman has resigned today following a $ 80 million cyber theft from the Bank's Reserve Fund Account at the Federal Reserve Bank of New York. Atiur Rahman who has been the Reserve Bank Governor for the second term resigned during a meeting with ...

March 15, 2016 8:04 AM

Post Office account holders can operate their accounts from any branch

Communication and IT Minister Ravi Shankar Prasad has said that customers with Post Office savings can now operate their accounts from more than 20 thousand branches as they have been connected with core banking facility. In a tweet, Mr Prasad said, only about 230 such branches were there in May 201...

March 14, 2016 9:06 PM

Consumer Price based inflation dips to three months low of 5.18% last month

After rising for five straight months, retail inflation fell to a 3-month low of 5.18 percent in February. Retail inflation had stood at 5.69 per cent in January. Retail food inflation softened to 5.3 percent in February, from 6.85 percent in January, government data showed. Retail inflation in cere...

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