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Gold sales jump about 20 per cent for Diwali: Trade body
24 Oct 2014 at 7:01pm
Gold sales in India during the festivals of Diwali and Dhanteras celebrated this week rose by about a fifth, a senior official at the country's biggest gold trade group said on Friday.
Ram Vilas Paswan meets FM Jaitley; wants import duty on edible oils to be hiked
24 Oct 2014 at 6:37am
Food Minister Ram Vilas Paswan on Friday met Finance Minister Arun Jaitley and discussed the issue of raising import duty on crude and refined edible oils to restrict cheap imports and protect domestic farmers, among other matters.
Bottlenecks need to be cleared to woo private investments: Arvind Subramanian
24 Oct 2014 at 5:02am
Acknowledging that private investment is stifled in India due to "lots of regulations" and also scarcity of coal and electricity, new Chief Economic Adviser Arvind Subramanian has said that removing these bottlenecks will be key to kick start growth in the country.
Government notifies conditions for export of dried silk worm to EU
24 Oct 2014 at 4:36am
Export of dried silk worm pupae to the European Union will be allowed subject to a shipment clearance certificate to be issued by the Chemical and Allied Products Export Promotion Council, the government has said.
Mahurat Trading: Nifty breaches 8000, Sensex firm on Diwali
23 Oct 2014 at 6:18am
The market starts auspicious Mahurat trading session with smart gains. It also marks the beginning of Samavat 2071. The Nifty opened at 8029 up 21 points while the Sensex is up 68.91 points at 26856.14.
Muhurat trade at BSE this Diwali could bring good news for the economy
23 Oct 2014 at 4:50am
Muhurat trade at the Bombay Stock Exchange this Diwali could bring good news for the economy.
Wipro eyes US boost ahead after Q2 misses forecasts
22 Oct 2014 at 7:46am
India's third-biggest software services firm Wipro Ltd narrowly missed market expectations with an eight percent rise in second-quarter profit, but said it saw a rosier end to the year as more confident US clients increase spending.
Sensex closes 212 points up; auto stocks rally
22 Oct 2014 at 3:54am
A benchmark index of Indian equities markets closed on Wednesday's trade up 211.58 points (provisional) or 0.80 per cent as auto stocks surged.
Demand for gold surges once again this festive season
22 Oct 2014 at 12:14am
The demand for gold has surged once again as the festive and wedding season are underway. With the arrival of Dussehra, Dhanteras, Diwali, the excitement of jewellers and goldsmiths is more palpable than it was last year.
DLF seeks interim relief from capital market ban
22 Oct 2014 at 12:14am
DLF lodged its appeal with the Securities Appellate Tribunal, which will conduct its next hearing on October 30.
Rupee trims initial gains, still up 8 paise
21 Oct 2014 at 10:57pm
The BSE benchmark Sensex was trading up by 206.84 points, or 0.78 per cent to 26,782.49 at 1040 hrs.
Rupee up 14 paise against dollar in early trade
21 Oct 2014 at 10:27pm
Maintaining its rising trend for the fourth straight day, the rupee strengthened by another 14 paise to 61.17 against the US dollar in early trade on Wednesday on sustained foreign capital inflows amid government announcing key reforms in the oil and gas sector.
Market celebrates Diwali, Sensex up 200 points, Nifty nears 8000
21 Oct 2014 at 9:32pm
About 453 shares have advanced, 81 shares declined, and 6 shares are unchanged. Wipro, Hindalco, Tata Motors, TCS and Sesa Sterlite are top gainers in the Sensex.
Rupee gains 5 paise vs dollar, ends at over 1-week high of 61.31
21 Oct 2014 at 10:43am
The Indian rupee gained for the third session on Tuesday, surging by another five paise against US dollar to end at over one-week high of 61.31 on sustained selling of the greenback by banks and exporters in view of strong equity market and capital inflows.
Surat-based diamond companies to start an airline service
21 Oct 2014 at 10:31am
At an initial investment of about Rs 30 crore, these firms have already acquired three aircraft.