Thursday, December 27, 2012

Sensex up 96 points in early trade

Sensex up 96 points in early trade

Sensex up 96 points in early trade

Posted: 27 Dec 2012 08:37 PM PST

The BSE benchmark Sensex rose by over 96 points in early trade on Friday led by recovery in stocks of power, auto and oil and gas sectors on emergence of buying amid a firming trend in the Asian region.

IRDA chief differs with finance ministry over new post

Posted: 27 Dec 2012 05:52 PM PST

There is a difference of opinion between the chairman of the Insurance Regulatory and Development Authority and the finance ministry over the creation of a new post in the regulatory body.

Need to contain fiscal deficit: Chidambaram

Posted: 27 Dec 2012 05:29 PM PST

Finance minister P Chidambaram on Thursday said it was imperative to contain the fiscal deficit by augmenting resources and controlling spending, cautioning that the adjustment process may cause some short-term pain.

IDFC to take majority share in Delhi-Gurgaon e-way

Posted: 27 Dec 2012 05:26 PM PST

While there is no clarity whether the move would bring any benefits to commuters, NHAI officials said a new operator might be more proactive in taking measures to improve efficiency.

'8% growth target in 12th plan ambitious'

Posted: 27 Dec 2012 05:24 PM PST

Prime Minister Manmohan Singh on Thursday said achieving an average 8% growth in the five years between 2012-17 is an ambitious target as he called for phased adjustment in energy prices and the need to control subsidies.

US consumer confidence falls on fiscal cliff fears

Posted: 27 Dec 2012 08:28 AM PST

US consumer confidence tumbled in December, driven lower by fears of sharp tax increases and government spending cuts set to take effect next week.

Hike in diesel could effect investment in auto industry

Posted: 27 Dec 2012 05:19 AM PST

With the buzz about diesel prices going up by Rs 10 per litre over the next ten months doing the rounds, the auto industry's demand for a clear fuel policy is picking up speed.

Private equity pours money into healthcare

Posted: 27 Dec 2012 04:41 AM PST

Private equity funds quadrupled their investment in India's primary healthcare, betting the sick and ailing will stop seeing family doctors in often cramped and dingy quarters and check into modern chains sprouting up across Asia's No 3 economy.

Dollar ends higher against rupee

Posted: 27 Dec 2012 04:27 AM PST

he US dollar ended higher against the rupee at 54.94/95 per dollar and the Pound Sterling also finished higher at Rs 88.95/97, per pound at the close of the Interbank Foreign Exchange Market (Forex) today.

Sensex drops 94 pts on growth concerns

Posted: 27 Dec 2012 02:56 AM PST

The BSE benchmark Sensex on Thursday closed 94 points down on selling pressure triggered by growth concerns amid monthly expiry in the derivatives segment.

PM for gradual hike in energy prices

Posted: 26 Dec 2012 11:03 PM PST

Describing the current economic situation as a difficult one, Prime Minister Manmohan Singh on Thursday hinted at tough decisions like hike in energy prices and reduction of subsidies to achieve the growth target of 8 per cent in the 12th Five Year Plan.

More hiring for mid-senior management positions

Posted: 26 Dec 2012 09:05 PM PST

These sectors will likely drive hiring growth in 2013, according to data released by Headhonchos.com, a job search portal for senior professionals.
Posted by Harshad at 9:03 PM

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