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Economy

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India will never compromise on food security: Anand Sharma
India will never compromise on food secu...

India will never compromise on food security: Anand Sharma

New Delhi – After having successfully reached through consensus a trade agreement at the WTO meet, held in Indonesia, India will never compromise on the fundamental issues pertaining to food security, Commerce and Industry Minister Anand Sharma said Tuesday. “We have been able to give a... read more »

Sensex trades flat during pre-noon session
Sensex trades flat during pre-noon sessi...

Sensex trades flat during pre-noon session

Mumbai – A benchmark index of Indian equ! ities markets was trading flat at 80.51 points or 0.39 percent up during the pre-noon trade Tuesday. Good buying was observed in healthcare, auto and IT sectors, while selling pressure was seen in banking index (bankex) sector. The 30-scrip sensitive... read more »

RBI-reference rate for US dollar, euro
RBI-reference rate for US dollar, euro

RBI-reference rate for US dollar, euro

 The Reserve Bank of India on Monday fixed the reference rate of rupee against U.S. dollar at 62.1024 and the euro at 85.4284 as against 62.1266 and 85.4135 on last Friday. In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 101.2704 and... read more »

Sensex closes 50 points down; oil and ! gas stocks down
Sensex closes 50 points down; oil and ! ...

Sensex closes 50 points down; oil and ! gas stocks down

Mumbai – A benchmark index of Indian equities markets ended Monday’s trade 50 points or 0.24 percent down, as inflation data dashed any hopes of the apex bank easing on monetary policy. Good buying was observed in information Technology (IT), healthcare and consumer durables sectors... read more »

More from Economy

Air India asks employees on sabbatical to return to work or quit Air India asks employees on sabbatical to return to work or quit

Air India asks employees on sabbatical to return to work or quit

Mumbai -: Five years after it had announced a sabbatical scheme for its staff to reduce the bulging salary bill, national air carrier Air India has asked the employees who had availed the... read more »

Obama pushes for extension of unemployment benefits

Obama pushes for extension of unemployment benefits

Washington – President Barack Obama Saturday urged lawmakers to extend unemployment benefits for millions of unemployed Americans before Christmas to help low-income families and... read more »

Growth rate has more than doubled: PM

Growth rate has more than doubled: PM

New Delhi – Prime Minister Manmohan Singh said Friday that the country’s growth rate had more than doubled to an annual average of over seven percent and the economy was on an... read more »

Rupee rules at one-month high; up 30 paise vs Dollar

Rupee rules at one-month high; up 30 paise vs Dollar

The rupee continued to rule at a one-month high, firming up another 30 paise to 61.75 against the dollar on Thursday, after exit polls predicted a strong showing by the BJP in the recently... read more »

No agreement better than a bad one: Sharma

No agreement better than a bad one: Sharma

Dismissing the suggestion that India was insisting on food security because of the ensuing general elections at home, Commerce and Industry Minister Anand Sharma on Thursday said New Delhi was only... read more »