The government has fixed a lower sugar sale quota of 3 million metric tonne for the July-September quarter as against 4.4 million tonne during the previous quarter, an official statement said on Tuesday.
Changed economic environment, both domestically and globally, has prompted the RBi to scale up its monetary intervention, RBI deputy governor Rakesh Mohan has said.
World oil supply will rise more slowly than expected by 2013, leaving little spare capacity on the market despite weaker demand growth, the International Energy Agency said on Tuesday.
The productivity of public sector banks in 2007-08 increased significantly. Leading the pack was IDBI Bank which emerged the most efficient, leaving behind 25 other banks in the three parameters employed to determine the efficiency of India's state-run public sector
The property of the manufacturers and service providers evading taxes could be attached by the tax man for up to two years to recover the dues, a circular issued by the Central Board of Excise and Customs (CBEC) said. The
At a meeting here today, the Chief Minister Naveen Patnaik gave green signal to the state-owned Industrial Development Corp (IDCO) to set up the aluminium park in a joint venture with Nalco. While Nalco was identified as an anchor tenant
At the end of the day's trade the scrip closed at Rs 81.50 after opening at Rs 110. It had touched an intra-day high of Rs 139.80 and a low of Rs 77.55 on the BSE. The company listed 2.80
FIIs bought shares worth Rs 3,117.64 crore and offloaded shares worth Rs 2,908.21 crore, resulting in a net investment of Rs 209.43 crore, provisional data available on the BSE. Domestic Institutional Investors also were net investors in shares worth Rs
We intend to raise about 30-40 million dollars (approx. Rs 150 crore) through private equity to fund our expansion programme for the next two years," Future Logistic Solution, CEO Anshuman Singh told on the sidelines of Pure & Play Retail
Kamat, who met Congress President Sonia Gandhi, said the people of the state are opposed to SEZs. "We do not want anything against the wishes of the people," he added. AICC General Secretary B K Hari Prasad, who is also
The Commission turned down the plea of the Carpet Export Promotion Council which contended that it was a autonomous, financially and functionally, and the transparency law was not applicable to it. "CEPC is not only substantially financed by the Government
Sources said Kingfisher's flight to Ahmedabad, Air India and Deccan Air's flights to Bagdogra, Jet Airways' flight to Port Blair and SpiceJet's flights to Bangalore and Delhi will be discontinued. Airline officials said more flights to different destinations in North-East
In a major development, the Securities Appellate Tribunal on Monday remitted back the case related to the Karvy Group in the IPO scam to the Securities and Exchange Board of India and asked the regulator to pass three separate orders
Oscar Stohler was raised in a sod house in western North Dakota and ranched there for nearly seven decades. He never gave much thought to what lay below the grass that fattened his cattle.
Home loans from public sector State Bank of India would be dearer as the lender has decided to hike interest rates by 50 basis points on all credit linked to prime lending rates.Speaking at a function in Ghaziabad on Monday,
When real estate company Unique Builders launched a condominium development near Jaipur, 3,510 Hindu priests performed traditional rituals and prayed for divine blessings. The number of priests equalled the number of condos on offer at the development, My Haveli@ Mannat1.An
Grappling with a slowdown across segments, the Indian property market is heading towards the next phase of consolidation. Liquidity crunch in the real estate market is beginning to drive many mid-sized and small real estate developers to scrounge for cover.Many
Apopular game this summer among watchers of the Chinese economy is to guess the size of speculative capital or "hot money" flowing into the country. One clue is that although China's trade surplus has started to shrink this year, its
Vijaya Bank on Monday said that it would open five new branches in Punjab in current financial year. It was stated by bank's Deputy General Manager, B. S. Rai here on Monday. Currently, Vijaya Bank has 25 branches in Punjab.
