Govt defers call on hiking sugar price |
- Govt defers call on hiking sugar price
- Govt okays Rs 1.9 lakh crore discom loan recast
- Standard & Poor’s cuts GDP growth forecast to 5.5%
- Soon, drugs may become cheaper
- Rangarajan expects 6.7% growth this fiscal
- No roaming charge from next year
- India bids to acquire Canadian oil assets: Report
- SBI hints at more lending rate cuts
- Gold falls below 32,000-level, silver sheds Rs 800
- Rupee ends two paise lower at 53.47 vs dollar
- Sensex closes 79 points down
- FDI in July up 60% to USD 1.76 bn
- FDI in July up 60% to USD 1.76 bn
- Foodgrain production to fall 10%: Pawar
- Toyota to introduce 21 new hybrid models by 2015
- Oman lifts ban on Indian poultry
- Foreign borrowings tax cut to attract $2bn: Report
- Rupee loses some early gains; still up 20 paise
- Sensex erases initial gains, down 23 points
- Rupee gains 35 paise against dollar, rises to 53.10
- Sensex up 56 points on funds buying
- Naveen Jindal tops executive pay chart
| Govt defers call on hiking sugar price Posted: 24 Sep 2012 05:24 PM PDT The Cabinet did not take up the proposal to computerize PDS, a move aimed at digitizing ration cards, and fully computerize the supply management chain of the Food Corporation of India. 
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| Govt okays Rs 1.9 lakh crore discom loan recast Posted: 24 Sep 2012 03:34 PM PDT Four states — Rajasthan, Uttar Pradesh, Tamil Nadu and Punjab — which between them will be able to clean up the books of electricity distribution companies by over Rs 96,000 crore, would be the biggest gainers of the latest bailout. 
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| Standard & Poor’s cuts GDP growth forecast to 5.5% Posted: 24 Sep 2012 03:30 PM PDT Rating agency Standard & Poor's has slashed India's growth forecast to 5.5% from 6.5%. 
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| Soon, drugs may become cheaper Posted: 24 Sep 2012 03:09 PM PDT Consumers can look forward to a reduction in prices of essential medicines, with the Sharad Pawar-led Group of Ministers planning to take a final decision on the pharmaceutical policy soon. 
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| Rangarajan expects 6.7% growth this fiscal Posted: 24 Sep 2012 02:13 PM PDT India's growth rate is expected to pick up in the second half of this fiscal and reach 6.7% during FY13, Prime Minister's economic advisory council chairman, C Rangarajan, said on Monday. 
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| No roaming charge from next year Posted: 24 Sep 2012 12:25 PM PDT National roaming charges will end next year, in a move that is expected to reduce your mobile bill when you travel around the country. 
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| India bids to acquire Canadian oil assets: Report Posted: 24 Sep 2012 07:01 AM PDT Three state-run Indian oil firms have jointly bid to buy oil-sands assets owned by ConocoPhillips valued at $5 billion, a report said Monday, as India seeks new energy sources to fuel a growing economy. 
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| SBI hints at more lending rate cuts Posted: 24 Sep 2012 06:55 AM PDT State Bank of India on Monday said though there is little room for further reduction in the base rate, it could cut lending rates in select categories, as it recently did for the SMEs, home and auto loans. 
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| Gold falls below 32,000-level, silver sheds Rs 800 Posted: 24 Sep 2012 06:47 AM PDT Gold declined by Rs 190 to Rs 31,950 per 10 grams in the bullion market here on Monday, while silver lost Rs 800 to Rs 60,400 per kg on subdued demand at higher levels. 
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| Rupee ends two paise lower at 53.47 vs dollar Posted: 24 Sep 2012 05:43 AM PDT After rising to over four-month high in early trade, the rupee on Monday surrendered gains to close at 53.47, two paise lower, on heavy month-end dollar demand from importers and weakness in local stocks. 
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| Posted: 24 Sep 2012 04:27 AM PDT The Sensex on Monday erased initial gains and closed 79 points lower as investors booked profits in FMCG and oil& gas stocks after the recent rally, amid a weak global trend. 
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| FDI in July up 60% to USD 1.76 bn Posted: 24 Sep 2012 04:14 AM PDT After declining for three consecutive months, foreign direct investment (FDI) in India increased by about 60 per cent to USD 1.76 billion in July. 
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| FDI in July up 60% to USD 1.76 bn Posted: 24 Sep 2012 04:14 AM PDT After declining for three consecutive months, foreign direct investment (FDI) in India increased by about 60 per cent to USD 1.76 billion in July. 
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| Foodgrain production to fall 10%: Pawar Posted: 24 Sep 2012 01:59 AM PDT Agriculture minister Sharad Pawar has said he would speak to the consumer affairs minister on the issue of rising prices of wheat and sugar. 
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| Toyota to introduce 21 new hybrid models by 2015 Posted: 24 Sep 2012 01:53 AM PDT Toyota Motor Corp on Monday said it will introduce 21 new hybrid car models in the global market by the end of 2015. 
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| Oman lifts ban on Indian poultry Posted: 24 Sep 2012 12:16 AM PDT Authorities in Oman have lifted ban on import of Indian poultry and Spanish livestock, local news reports have said. 
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| Foreign borrowings tax cut to attract $2bn: Report Posted: 23 Sep 2012 11:55 PM PDT According to Barclays Capital, the government's decision to lower the withholding tax on foreign borrowings could produce an additional $2 billion per year inflow. 
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| Rupee loses some early gains; still up 20 paise Posted: 23 Sep 2012 11:33 PM PDT The rupee erased some early gains on Monday, but was still up 20 paise at 53.25 a dollar on persistent selling of the American currency by banks and exporters. 
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| Sensex erases initial gains, down 23 points Posted: 23 Sep 2012 11:27 PM PDT BSE sensex erased its initial gains and was trading 23 points down on Monday due to selling pressure on FMCG, IT, teck and refinery stocks amid profit booking and weak cues from Asian markets. 
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| Rupee gains 35 paise against dollar, rises to 53.10 Posted: 23 Sep 2012 09:34 PM PDT The rupee rose by 35 paise to fresh over four-month high of 53.10 against the American currency in early trade on Monday. 
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| Sensex up 56 points on funds buying Posted: 23 Sep 2012 09:32 PM PDT The BSE benchmark sensex gained over 56 points in early trade on Monday to fresh 14-month high on sustained buying by funds and retailers on expectations of more economic reforms by the government. 
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| Naveen Jindal tops executive pay chart Posted: 23 Sep 2012 05:17 PM PDT Naveen Jindal has topped the executive pay charts for listed companies in the country with a package of Rs 73.4 crore for the last fiscal 2011-12, which grew by over Rs 6 crore from previous year. 
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