Mumbai : The BSE benchmark Sensex on Wednesday dropped by over 126 points on funds selling auto, banking and realty stocks amid rupee again breaching the 56-mark against the dollar and a weak trend in global markets. The Sensex, which had gained 220 points in last two trading sessions, hit a day’s low of 16,295.31 […]
New Delhi : RBI Governor D Subbarao has asked state governments to address the issue of supply side bottlenecks against the backdrop of rise in prices. Addressing state finance secretaries in Mumbai yesterday, he said both the Centre and the states have important role in generating and promoting the supply response so that inflation could […]
Mumbai : The BSE benchmark index Sensex on Wednesday declined by over 113 points in early trade as funds and retail investors booked profits after two sessions of gains amid weakness in the rupee, breaching Rs 56 level against dollar. Also, subdued trends on the other Asian bourses also dampened the trading sentiments here. The […]
New Delhi : Dismissing any comparison with the 1991 external debt crisis, Prime Minister Manmohan Singh on Tuesday said the fall of rupee is a matter of concern but was confident it will not last very long. He said the rupee depreciation was taking place against the backdrop of the global economic problems and the […]
Mumbai : The BSE benchmark Sensex rose for the second straight day on Tuesday but surrendered most of its initial gains on fresh weakness in the rupee to finally close the session just 22 points higher at 16,438.58. The 30-share Sensex, which gained 199.02 points on Monday, closed higher by 21.74 points, or 0.13 per […]
New Delhi : The govt has said it has cleared 25 foreign direct investment (FDI) proposals, including that of AIF III of Mauritius and Mumbai based Microqual Techno, worth Rs 2,973.40 crore. The applications were cleared after recommendations of the Foreign Investment Promotion Board (FIPB) headed by Economic Affairs Secretary R Gopalan, the Finance Ministry […]
Infrastructure major GVK has said it has got environment clearance from the Queensland govt in Australia for its USD 10 bn (about Rs 55,000 crore) Alpha Coal and rail project in Galilee Basin. The clearance is a major achievement for the company and its Alpha Project which is considered to be one of the biggest […]
New Delhi : Corporate Affairs Min Veerappa Moily has said something wrong has been found in the books of Reebok India, which has accused two of its former top executives of a Rs 870-crore fraud. The minister also said the matter has now been referred to the Serious Fraud Investigation Office (SFIO) following a non-invasive […]
Mumbai : The rupee today lost 42 paise to 55.60 against the US dollar in early trade on the Interbank Foreign Exchange market. as. Forex dealers said besides weakness in the euro against the dollar overseas on euro-zone worries, month-end demand for the American currency from importers also weighed on the rupee’s value . The […]
Mumbai : The BSE benchmark Sensex extended gains for the second straight day by adding over 83 points in early trade on Tuesday on increased buying by funds and retail investors amid covering-up of short positions by speculators. The 30-share index, which had gained 199.02 points in the previous session, added another 83.20 points, or […]
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1. Aloft Bengaluru Outer Ring Road elevates Haramohan Bora as Director of Food & Beverage
2. Acer’s first AI Powered Gaming laptops – Predator Helios 16 and Neo launched starting at Rs. 149999