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Sensex snaps 14-week rally, drops by 716 pts (20 June 02:24) |
| Mumbai, June 20 (PTI) Last day's gain in share prices following several
measures announced by SEBI failed to maintain a 14-week rally as the benchmark
Sensex dropped 4.70 per cent as... |
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India achieves targeted per capita consumption in milk (19 June 10:15) |
| New Delhi, June 19 (PTI) India has achieved the targeted per capita consumption
of milk at 250 gram per day, says National Dairy Research Institute (NDRI)
Director A K Srivastava.
Th... |
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Govt role in gas dispute crucial; can't lose revenue: Deora (19 June 10:15) |
| Mumbai, Jun 19 (PTI) Asserting that nothing could be done on the K-G gas
dispute without the active involvement of the government, Petroleum Minister
Murli Deora today said that warring ... |
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IMF wants India to eliminate mandatory investment norms (19 June 10:15) |
| New Delhi, June 19 (PTI) The International Monetary Fund (IMF) wants India to
gradually eliminate the norms that make it mandatory for banks and other saving
funds to park a portion of t... |
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Paramount places orders for 10 aircraft (19 June 10:15) |
| New Delhi, June 19 (PTI) Amid the current turbulent times when most airlines
are forced to cut fleet sizes, Chennai- based airline Paramount Airways today
placed confirmed orders for 10... |
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Rupee snaps one-week losing streak, up by 11 paise vs dollar (19 June 08:14) |
| Mumbai, June 19 (PTI) Snapping its one-week losing streak, the Indian rupee
gained by 11 paise to 48.08/09 against the dollar on expectations of fresh
capital inflow from foreign funds i... |
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'Govt should expedite rly projects, clear pending proposals' (19 June 08:14) |
| New Delhi, June 18 (PTI) The government should fast track the dedicated rail
freight corridor project and clear pending proposals for private participation
to enhance the growth of the ... |
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Sensex snaps two-day losses, up by 256 pts on SEBI measures (19 June 06:14) |
| Mumbai, June 19 (PTI) The BSE-benchmark Sensex snapped its two-day losing
streak and bounced back to end at 14,521.89 on fresh support from investors on
the back of several measures anno... |
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Rupee up three paise against USD (19 June 12:18) |
| Mumbai, June 19 (PTI) The Indian rupee gained a marginal three paise in early
trade today on capital inflow by foreign funds on expectation that the domestic
markets may open strong, in ... |
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Should have entered search engine mkt sooner: Microsoft chief (19 June 12:18) |
| Yoshita Singh
Chicago, June 19 (PTI) As Microsoft's new search engine Bing competes for
market share with well-established rivals Google and Yahoo, Chief Executive
Steve Ballmer toda... |
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Doha Round in its last lap of 25-mile marathon, says Sharma (19 June 12:18) |
| Lalit K Jha
Washington, June 19 (PTI) Comparing the Doha Round of WTO trade negotiations
to a 25-mile marathon, India's Commerce and Industry Minister Anand Sharma said
the talks are... |
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Inflation to turn positive by year end: Finance Ministry (18 June 10:20) |
| New Delhi, June 18 (PTI) The Finance Ministry today said that inflation, which
entered the negative zone after about 30 years, will turn positive by the end
of the year.
"Inflation .... |
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Finmin likely to withdraw CTT (18 June 10:20) |
| New Delhi, June 18 (PTI) Finance Ministry is likely to withdraw the Commodity
Transaction Tax (CTT) which was introduced more than year ago but was not
imposed.
The CTT, which was in... |
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Inflation news boosts Sensex, though briefly (18 June 10:20) |
| Mumbai, June 18 (PTI) After a brief rebound on news of negative inflation, the
BSE Sensex fell again, losing for the second straight day due to persistent
selling by investors on the bac... |
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Disclosure for rights issues made simpler;no entry load in MF (18 June 08:19) |
| Mumbai, Jun 18 (PTI) Market regulator SEBI today decided to simplify disclosure
norms for rights issues to make them attractive for companies, include anchor
investors in IPOs and remove... |
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RIL drags down Sensex (18 June 06:18) |
| Mumbai, June 18 (PTI) The Bombay Stock Exchange benchmark Sensex fell for the
second straight session today by losing 257 points as market participants sold
at higher levels.
The Sen... |
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Negative inflation 'unusual', says Finance Secretary (18 June 04:26) |
| New Delhi, June 18 (PTI) Describing the negative inflation as "unusual",
Finance Secretary Ashok Chawla today said it would not lead to any change in
policy stance of the government.
... |
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Sensex tumbles by 334 pts as metal, refiners fall (18 June 04:26) |
| Mumabi, June 18 (PTI) The Bombay Stock Exchange index Sensex plunged by 334
points at midsession today after frantic selling by funds in blue-chip stocks
such as Tata Steel and Reliance.... |
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AI, Spicejet raise airfares by Rs 400 (18 June 04:26) |
| New Delhi, June 18 (PTI) Following their competitors, Air India and no-frill
carrier SpiceJet today announced an increase in fuel surcharge per air ticket
by Rs 400, with the national ca... |
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Inflation at minus 1.61 per cent (18 June 02:24) |
| New Delhi, June 18 (PTI) Wholesale prices shrunk for the first time in 30 years
with inflation touching minus 1.61 per cent for the week ended June 6.
With this, India is possibly the ... |
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Inflation turns negative though food costlier than last year (18 June 02:24) |
| New Delhi, June 18 (PTI) Inflation turned negative 1.61 for the first time in
thirty years but the prices of food items like fruit and vegetables, cereals
and oil were still higher than ... |
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Retail in India may lose Rs 400 cr FDI this fiscal: KPMG (18 June 02:24) |
| New Delhi, June 18 (PTI) Indian retail may lose foreign direct investment of
up to Rs 400 crore this fiscal because of last week's recommendations by the
Parliamentary Panel on Commerce... |
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Sensex rebounds on inflation data (18 June 02:24) |
| Mumbai, June 18 (PTI) Shrugging off early losses, the Bombay Stock Exchange
benchmark Sensex gained 58 points at noon today on revival of buying, backed by
reports of an easing inflation... |
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Petrol, diesel prices should be raised: Shashi Ruia (18 June 02:24) |
| Mumbai, June 18 (PTI) Essar Global Ltd Chairman Shashi Ruia has said the
government should jack up prices of petrol and diesel sold by state-run
retailers keeping with the rally in inter... |
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Rupee up 11 paise against USD (18 June 10:18) |
| Mumbai, June 18 (PTI) The Indian rupee resumed stronger by 11 paise against
the dollar in early trade today taking cues from other Asia currencies.
At the Interbank Foreign Exchange (... |
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Sharma meets Kirk to discuss how to bring down trade barriers (18 June 10:18) |
| Washington, Jun 18 (PTI) Commerce Minister Anand Sharma today met US Trade
Representative Ron Kirk to hold discussions on a wide range of issues to
strengthen bilateral trade relationsh... |
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US wants India to be willing to contribute to market reforms (18 June 02:20) |
| Lalit K Jha
Washington, June 18 (PTI) As the Doha Round moves forward, US Commerce
Secretary Garry Locke today hoped that India will be willing to contribute to
new market re... |
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PepsiCo head Indra Nooyi pitches for Indo-Pak dialogue (17 June 10:20) |
| Lalit K Jha
Washington, June 17 (PTI) Representing the voice of the powerful US industry,
Indian born PepsiCo head Indra K Nooyi today pitched for Indo-Pak dialogue,
which she said... |
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AMFI gets govt nod to exempt PAN for SIPs up to Rs 50,000 (17 June 10:20) |
| Mumbai, Jun 17 (PTI) Concerned over the falling growth in the mutual fund
industry, the government today gave in-principle nod to allow up to Rs 50,000
investments under SIP without quot... |
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Jet, Kingfisher hike air fares; AI to follow soon (17 June 08:19) |
| New Delhi/Mumbai, Jun 17 (PTI) Air travellers will have to shell out more for
their tickets from today with Jet Airways, Kingfisher Airlines and their
no-frill subsidiaries hiking fuel ... |
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Don't reduce resources for employment generation: India (17 June 08:19) |
| Geneva, June 17 (PTI) India today urged developing countries to be "extra
vigilant" to ensure that resources allocated to employment generation are not
brought down significantly against... |
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India bans certain mobile phones, toys and dairy products (17 June 08:19) |
| New Delhi, June 16 (PTI) India today announced a slew of restrictions on
imports of certain mobile phones, dairy products and toys which will mainly hit
China.
"Import of 'Mobile Han... |
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Kingfisher Airlines hikes fuel surcharge by Rs 400 (17 June 06:20) |
| New Delhi, June 17 (PTI) Air carrier Kingfisher Airlines today increased fuel
surcharge by Rs 400 on all domestic sectors with immediate effect.
"Consequent upon successive increases i... |
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US seeks to emulate 'Incredible India'; to generate $4 bn a yr (17 June 06:20) |
| Washington, June 17 (PTI) Impressed by the Indian government's tourism
promotion campaign 'Incredible India', the lawmakers here are pushing for a new
act aimed at projecting the US as ... |
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Market registers fourth-biggest fall of the year (17 June 06:20) |
| Mumbai, June 17 (PTI) After a brief mid-session recovery, sluggish European
stocks and sustained sell-off by foreign funds today dragged the market down
with the benchmark Sensex plungin... |
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CIL disinvestment likely by end of 2009-10: Coal Minister (17 June 04:21) |
| New Delhi, June 17 (PTI) Coal Minister Sriprakash Jaiswal today said that the
Government could divest up to 10 per cent of its stake in the country's largest
coal producer Coal India Lt... |
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Mutual funds should step up retail participation: SEBI Chief (17 June 04:21) |
| Mumbai, June 17 (PTI) Admitting that it was tough for the mutual fund sector
last year, capital market watchdog Sebi today asked industry to encourage
retail investors in the face of hu... |
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Govt may save about Rs 13,500 cr by enacting Food Security Law (17 June 04:21) |
| New Delhi, June 17 (PTI) The Centre may have to spend about Rs 13,500 crore
less on food subsidy to implement the Rs 3 a kg rice or wheat scheme, as a
large section of the people above ... |
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Jet Airways hikes fuel surcharge by Rs 400 (17 June 02:19) |
| Mumbai, June 17 (PTI) Domestic private air carrier Jet Airways today increased
its fuel surcharge by Rs 400 on all domestic sectors with immediate effect.
The increase was necessitated... |
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Rupee down 12 paise against USD (17 June 12:22) |
| Mumbai, June 17 (PTI) The Indian rupee depreciated by 12 paise against the
dollar in early trade today on increased demand for the USD from refiners and
importers.
At the Interbank F... |
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Sensex down 101 points in early trade (17 June 12:22) |
| Mumbai, June 17 (PTI) The Bombay Stock Exchange benchmark Sensex fell by over
100 points in early trade today on selling by funds and retail investors,
influenced by the weak trend in th... |
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India an important trading partner: US (17 June 12:25) |
| Lalit K Jha
Washington, Jun 16 (PTI) On the eve of the first high-level economic
interaction between the two countries after the Lok Sabha elections last month,
a top Obama.... |
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Ensure more say for emerging economies,curb protectionism:BRIC (17 June 12:25) |
| Ajay Kaul
Yekaterinburg (Russia), June 16 (PTI) In the backdrop of the global meltdown,
India, Russia, China and Brazil today pitched for "greater voice and
representation" of devel... |
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ADB approves USD 3.4 bn funds to developing nations (16 June 08:26) |
| Manila/New Delhi, June 16 (PTI) The Asian Development Bank has approved
additional funds worth USD 3.4 billion to help developing nations to tide over
the global economic crisis.
To... |
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Bank stocks power the Sensex to close 82 points up (16 June 06:25) |
| Mumbai, June 16 (PTI) Renewed hopes of economic recovery coupled with a rating
upgrade for the financial sector powered the market to rebound from its early
lows and close 82 points up o... |
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RBI to work with SEBI to address regulatory gaps (16 June 06:25) |
| Mumbai, June 16 (PTI) The Reserve Bank has decided to jointly work with market
regulator SEBI to address the regulatory gaps after the impact of
inter-dependence of institutions on the ... |
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FinMin examining restoration of investment allowances (16 June 04:25) |
| New Delhi, June 16 (PTI) The finance ministry is weighing an industry proposal
for reintroduction of investment allowance and allowing higher depreciation to
boost industrial growth by w... |
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US keen to have investment treaty with India (16 June 04:25) |
| Washington, June 16 (PTI) The recession hit US today said it wants to enhance
dialogue with India on key trade policy issues, including the bilateral
investment treaty under negotiation.... |
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Govt asks Reliance to sell gas to Essar, Ispat (16 June 04:25) |
| New Delhi, Jun 16 (PTI) The Government has asked Reliance Industries Ltd to
sell natural gas from its eastern offshore KG-D6 fields to steel firms like
Essar and Ispat to help the countr... |
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Sensex rebound on revival of buying, gains 48 pts (16 June 02:32) |
| Mumbai, June 16 (PTI) Wiping off early losses, the Bombay Stock Exchange
benchmark Sensex gained over 48 points at noon today on revival of buying in
blue-chip stocks at existing attract... |
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