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Pranab Mukherjee launches pension scheme for unorganised sector
Written on 26 Sep, 2010 at 16:43 in Business | viewed 1 times | 0 Comments
Jangipur (WB): Union Finance Minister Pranab Mukherjee today launched a new pension scheme for workers in the unorganised sector who do not have access to the social security net. “I launched the scheme today to coincide with the 78th birthday of... (Continue reading)
‘Stock market likely to extend positive momentum’
Written on 26 Sep, 2010 at 13:32 in Business | viewed 750 times | 0 Comments
New Delhi: Stock market is likely to extend the positive momentum this week, as India remains the hot spot for foreign funds inflows, the main driving force behind recent bull run, analysts have said. “Overseas investors are pouring in money in... (Continue reading)
'Stock market likely to extend positive momentum'
Written on 26 Sep, 2010 at 13:32 in Business | viewed 1 times | 0 Comments
New Delhi: Stock market is likely to extend the positive momentum this week, as India remains the hot spot for foreign funds inflows, the main driving force behind recent bull run, analysts have said. “Overseas investors are pouring in money in... (Continue reading)
Govt likely to extend zero import duty on rice
Written on 26 Sep, 2010 at 11:10 in Business | viewed 1 times | 0 Comments
New Delhi: The government is likely to extend the period of duty-free import of rice for an year, till September next year, as part of measures to control food inflation, which is hovering at over 15 per cent. The deadline to... (Continue reading)
Bill Gates richest man in US: Forbes
Written on 25 Sep, 2010 at 12:12 in Business | viewed 1 times | 0 Comments
Boston: Microsoft founder Bill Gates has retained his position as the richest man in the US with a net worth of $54 billion, topping Forbes ’400 Richest Americans List’ for the 17th year in a row. Industrialist Warren Buffett, Chief Executive... (Continue reading)
MGM studio creditors reject USD 2 bn bid: Sahara
Written on 25 Sep, 2010 at 11:10 in Business | viewed 1 times | 0 Comments
Los Angeles: Indian conglomerate Sahara India Pariwar says that its offer to buy out the creditors of struggling Hollywood studio Metro-Goldwyn-Mayer Inc for more than USD 2 billion has been rejected. Subrata Roy Sahara, the company’s chairman, had a conference call... (Continue reading)
Sensex gains 184 pts to regain 20,000-level
Written on 24 Sep, 2010 at 17:42 in Business | viewed 1 times | 0 Comments
Mumbai: Te BSE benchmark Sensex climbed by 184 points to a fresh 32-month high today, regaining the magical 20,000 points level after a gap of two days on sustained capital inflows from overseas investors. Wiping out losses suffered in the past... (Continue reading)
Sensex slides 28 pts on profit booking, weak cues
Written on 24 Sep, 2010 at 11:09 in Business | viewed 1 times | 0 Comments
Mumbai: Extending its losses for the third straight session the Bombay Stock Exchange benchmark Sensex today slipped by nearly 28 points in the opening trade on profit booking amid weak global cues. The 30-share index declined by 27.49 points to 19,833.52... (Continue reading)
Rupee up by 13 paise against US dollar in early trade
Written on 24 Sep, 2010 at 11:07 in Business | viewed 1 times | 0 Comments
Mumbai: The rupee strengthened by 13 paise to 45.52 against the US dollar at the Interbank Foreign Exchange today against the backdrop of government raising the cap on foreign institutional investments in government and corporate debt by USD 5 billion... (Continue reading)
Sensex down 81 points on profit booking
Written on 23 Sep, 2010 at 17:10 in Business | viewed 1 times | 0 Comments
Mumbai: The BSE benchmark Sensex today declined by 81 points as profit-booking crept in at higher levels after a strong rally witnessed recently, amid soaring food inflation and weak global sentiment. Owing to heavy selling pressure in blue-chip stocks such as... (Continue reading)
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