Monday, October 1, 2012

Air turbine fuel prices cut by 4.3%

Air turbine fuel prices cut by 4.3%


Air turbine fuel prices cut by 4.3%

Posted: 01 Oct 2012 01:48 PM PDT

In a major relief to cash- strapped airlines, jet fuel prices were on Monday cut by a steep 4.3 per cent, the first reduction in rates in three-and-a-half months.


Insurance rejig to give tax breaks, easier policy terms

Posted: 01 Oct 2012 01:35 PM PDT

Govt on Monday announced several measures to provide a fillip to insurance sector which is expected to generate long-term funds for investment.


Falling interest rate only hope for car companies

Posted: 01 Oct 2012 12:57 PM PDT

With a September that saw year-on-year sales come down by 7% and a Ganesh Chaturthi that did not set showrooms on fire, car marketers are not expecting too much this festival season.


Equity funds' best show in 9 months

Posted: 01 Oct 2012 12:27 PM PDT

The surge in markets, which happened after a slew of reform initiatives were announced last month, has had a positive impact on equity mutual funds.


Manufacturing sector remains steady in September

Posted: 01 Oct 2012 12:24 PM PDT

The country's manufacturing sector remained steady on the back of new orders and an increase in global demands.


Gold, silver fall on reduced offtake, global cues

Posted: 01 Oct 2012 07:31 AM PDT

Gold prices slipped at the bullion market here today on poor offtake from stockists and investors as well as subdued local buying interest at existing levels.


Rupee gains to five-month high

Posted: 01 Oct 2012 05:10 AM PDT

The rupee rose for a third consecutive session on Monday to hit a new five-month high as hopes for an improving economy, and fiscal and economic reforms from the government, continue to spur inflows from foreign funds, while exporters sold dollars.


Rupee gains to five-month high

Posted: 01 Oct 2012 05:10 AM PDT

The rupee rose for a third consecutive session on Monday to hit a new five-month high as hopes for an improving economy, and fiscal and economic reforms from the government, continue to spur inflows from foreign funds, while exporters sold dollars.


Eurozone unemployment stuck at record 11.4%

Posted: 01 Oct 2012 04:45 AM PDT

Unemployment across the 17 countries that use the euro remained at its record high rate of 11.4 percent in August, official data showed Monday.

Eurozone unemployment stuck at record 11.4%

Posted: 01 Oct 2012 04:45 AM PDT

Unemployment across the 17 countries that use the euro remained at its record high rate of 11.4 percent in August, official data showed Monday.


Final guidelines on GAAR by month end: FM

Posted: 01 Oct 2012 04:23 AM PDT

he Income Tax department will come out with final guidelines by the end of this month on implementation of General Anti Avoidance Rules (GAAR), Chidambaram said here today.

Final guidelines on GAAR by month end: FM

Posted: 01 Oct 2012 04:23 AM PDT

he Income Tax department will come out with final guidelines by the end of this month on implementation of General Anti Avoidance Rules (GAAR), Chidambaram said here today.


Sensex up 61 points; Infosys, Tata Motors in limelight

Posted: 01 Oct 2012 04:16 AM PDT

The sensex today advanced by 61 points on the back of gains in Infosys, Tata Motors and ITC, amid a positive trend in European shares.

Sensex up 61 points; Infosys, Tata Motors in limelight

Posted: 01 Oct 2012 04:16 AM PDT

The sensex today advanced by 61 points on the back of gains in Infosys, Tata Motors and ITC, amid a positive trend in European shares.


Sensex closes 69 points high; IT, capital goods stocks up

Posted: 01 Oct 2012 03:52 AM PDT

A benchmark index of Indian equities markets closed 69 points higher Monday. IT and capital goods stocks were among the best performers.


Exports decline 9.74% in August

Posted: 30 Sep 2012 11:31 PM PDT

Exports declined by 9.74% year-on-year to $22.3 billion in August due to the global economic slowdown.


Gold futures decline on weak global cues

Posted: 30 Sep 2012 11:27 PM PDT

Gold futures prices today fell by 0.35% to Rs 31,790 per 10 grams as speculators reduced their exposures amid a weak trend overseas.


Rupee recovers after initial losses, up 13 paise

Posted: 30 Sep 2012 11:02 PM PDT

Paring initial losses, the rupee today recovered by 13 paise to 52.72 against the US dollar in late morning trade on fresh selling of the American currency from banks despite firm cues overseas.


Sensex trims earlier gains, up by 12 points

Posted: 30 Sep 2012 11:00 PM PDT

The BSE benchmark sensex today trimmed its earlier gains but was still trading higher by 12 points in the late morning trade, due to buying in mainly IT, technology, auto and healthcare sectors despite selling in metal, banking, power and capital goods sectors.


Suzuki Motorcycle sales up nearly 32% in September

Posted: 30 Sep 2012 10:46 PM PDT

Two-wheeler maker Suzuki Motorcycle India today reported 31.53 per cent increase in its sales at 38,267 units in September.


Maruti sales up 10% in September

Posted: 30 Sep 2012 10:16 PM PDT

The country's largest car-maker Maruti Suzuki India (MSI) today reported 9.84% increase in total sales at 93,988 units for September.


Re down 12 paise against dollar

Posted: 30 Sep 2012 09:47 PM PDT

The rupee on Monday fell by 12 paise to trade at 52.97 against the US dollar in early trade at the Interbank Foreign Exchange as the American currency firmed against euro and other currencies in the overseas market.


Sensex up 53 points in early trade

Posted: 30 Sep 2012 09:33 PM PDT

The BSE benchmark sensex rose by almost 53 points in early trade today, extending its previous session's rally on sustained buying by funds and retailers largely on expectations of further economic reforms by the government.


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