Business News

New Delhi, Feb 28 (ANI): The Economic Survey tabled today says the appreciation of the rupee vis-a-vis the dollar, the main invoicing currency of export compared to the lower appreciation of competing countries coupled with the slow growth in imports of major trading partners like the United States, has affected exports of some sectors with low import intensity.

New Delhi, Feb 28 (ANI): The Economic Survey 2007-08 says that the 9.2 per cent growth achieved during April to November 2007 by the industrial sector, when seen against the backdrop of the robust growth during the preceding four years suggests that the buoyancy in this sector has continued, though with a degree of moderation.

New Delhi, Feb 28, (ANI): According to the Economic Survey 2007-08, Bank credit has grown by 21.5 per cent upto January 4, 2008.

New Delhi, Feb28, (ANI): Following are some of the key highlights of the Economic Survey 2008-09 tabled by Finance Minister P Chidambaram in Parliament today.

New Delhi, Feb 28 (ANI): Soon after tabling the Economic Survey in the Parliament, Union Finance Minister P Chidambaram expressed confidence that nine per cent of average gross domestic product (GDP) growth can be attained during the Eleventh Five Year Plan.

New Delhi, Feb 28 (ANI): The Economic Survey 2007-08 has said that the prospects for growth of tourism in India are bright.

Amritsar, Feb 22 (ANI): Punjab has traditionally been a paradise for those who love traditional jewellery, gold, platinum and silver items studded with precious stones.

Mumbai, Feb 20 (ANI): The 30-share sensitive index (sensex) of the Bombay Stock Exchange (BSE) on Wednesday opened with a negative gap of 85 points at 17,991 and shed 458 points to close at 17, 617.

Mumbai, Feb 19 (ANI/Business Wire India): Castrol India Limited today declared its audited results for the financial year ended December 31, 2007.

Mumbai, Feb 18 (ANI): C. B. Bhave today took charge as the new chief of Securities and Exchange Board of India (SEBI), the country's market regulating body.

Mumbai, Feb 15 (ANI): Prime Minister Dr Manmohan Singh's soothing comments on limiting the impact of any global slowdown on India and brisk buying by funds following reports of inflation rate cooling led to the Bombay Stock Exchange benchmark Sensex regaining the 18K-level by gaining over 330 points.

Mumbai, Feb 11 (ANI): The day on which Anil Dhirubhai Ambani Group's Reliance Power was listed, the 30-share sensitive index (Sensex) of the Bombay Stock Exchange opened with a negative gap of 38 points and closed at 16, 631 after losing 863 points.

Mumbai, Feb 11 (ANI): Anil Dhirubhai Ambani Group's Reliance Power stock, that was listed at 548 rupees on the Bombay Stock Exchange (BSE), was trading at 417 rupees, a discount of 33 rupees, at 1200hrs. Around 34 million shares were either sold or bought so far on the exchange.

Mumbai, Feb 11 (ANI): Anil Dhirubhai Ambani Group's Reliance Power on Monday listed at 548 rupees, which is a premium of 27.4 per cent to its issue price of 450 rupees, on the Bombay Stock Exchange (BSE), while it listed at 530 rupees on the National Stock Exchange (NSE).

Mumbai, Feb 6 (ANI): The 30-share sensitive index (Sensex) of the Bombay Stock Exchange today opened with negative gap of 416 points and plunged by 524 points before closing at 18, 139.

Jalandhar, Feb 5 (ANI): Due to steep rise in steel prices, the hand tools exporters of Jalandhar fears decline in export of their products.

Kolkata, Feb 4 (ANI): According to a study by Assocham Investment Meter, despite sharp ups and downs during the last one year Bengal has received the highest number of investment proposals among all the States in the third quarter of current fiscal. A total of Rs. 1,273.02 billion investments have been received in the State.

Mumbai, Feb 4 (ANI): The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) on Monday opened with a positive gap of 253 points and closed at 18,660, around 417 points above its previous close.

Mumbai, Jan 24 (ANI): The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) on Thursday opened with a huge positive gap of over 300 points at 17,921 and closed at 17, 221, almost 372 less from its previous close.

Mumbai, Dec 19 (ANI): The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) gained 12 points and closed at 19,091.