Bank exposure to 2G telcos at Rs 28,000cr |
- Bank exposure to 2G telcos at Rs 28,000cr
- Forex reserves cover 89% of external debt
- World Bank chief backs govt on GAAR
- Eurozone gets $670bn in fresh bailout funds
- Rupee sheds 3.7 % in March; worst fall in 4 months
- Sensex shoots up 346 points
- Re posts biggest monthly fall in 4 months
- Rupee gains 23 paise against dollar
- Sensex gains 157 points
- HPCL-Mittal starts Bathinda refinery
| Bank exposure to 2G telcos at Rs 28,000cr Posted: 30 Mar 2012 12:51 PM PDT Indian banks have an exposure of around Rs 28,000 crore to telecom companies for funding their licence fee, infrastructure and roll out of 2G services, finance minister Pranab Mukherjee told Parliament on Friday. 
| ||
| Forex reserves cover 89% of external debt Posted: 30 Mar 2012 12:37 PM PDT India's rising external debt is becoming a concern for the government, especially when its foreign exchange reserves are depleting. The total reserves till the beginning of the fiscal was enough to provide a 100% cover to its external debt. 
| ||
| World Bank chief backs govt on GAAR Posted: 30 Mar 2012 12:35 PM PDT The finance ministry and the Planning Commission on Thursday got some support from the World Bank on three controversial issues — Pranab Mukherjee's tax proposals on anti-avoidance rules, retrospective amendments and Montek Singh Ahluwalia's poverty definition. 
| ||
| Eurozone gets $670bn in fresh bailout funds Posted: 30 Mar 2012 12:33 PM PDT The 17 countries that use the euro have boosted their emergency funding for debt-troubled countries to 800 billion euros ($1.1 trillion) — an amount that falls short of what the currency union's international partners have said is needed to calm financial markets. 
| ||
| Rupee sheds 3.7 % in March; worst fall in 4 months Posted: 30 Mar 2012 09:09 AM PDT The rupee suffered the worst fall in four months, shedding 3.68 percent in March, hammered by investor jitters over the impact of high global oil prices. 
| ||
| Posted: 30 Mar 2012 04:18 AM PDT Snapping two-day fall, the BSE benchmark Sensex shot up 346 points on Friday as the government clarified that P-Note holders have no tax liability in India. 
| ||
| Re posts biggest monthly fall in 4 months Posted: 30 Mar 2012 12:58 AM PDT The rupee edged up on Friday as exporters cashed in dollars on the last trading session of the fiscal year, but the currency was on track to post its biggest monthly fall in four months and the outlook remains subdued. 
| ||
| Rupee gains 23 paise against dollar Posted: 29 Mar 2012 09:34 PM PDT The rupee appreciated by 23 paise to 51.17 against the US dollar in early trade on Thursday on the Interbank Foreign Exchange market as the American currency fell against the euro and other currencies overseas. 
| ||
| Posted: 29 Mar 2012 09:31 PM PDT The BSE benchmark Sensex recovered by over 157 points in early trade on Friday on fresh buying by funds and retailers at attractive lower levels. 
| ||
| HPCL-Mittal starts Bathinda refinery Posted: 29 Mar 2012 12:39 PM PDT NRI steel tycoon L N Mittal has finally become a player in his home country's oil sector. His joint venture with state-run Hindustan Petroleum started full operation of its first refinery at Bathinda, Punjab, on Thursday. 
|
| You are subscribed to email updates from Business News, International Business, Latest India Business and Markets News - Times of India To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment