Mumbai, March 15 With over 99 percent of permitted investment levels for overseas investors already exhausted, the Bombay Stock Exchange (BSE) will on Monday auction investment limits for government debt securities worth Rs.893 crore. The BSE, in a circular, said the auction will take place on its “ebidxchange” platform between 3.30 p.m. and 5.30 p.m. […]
Mumbai, March 14 India’s foreign exchange reserves decreased by $286.3 million to $337.79 billion for the week ended March 6, Reserve Bank of India (RBI) data showed. The reserves had increased by $3.88 billion to $338.07 billion for the previous week ended Feb 27. In the week ended Feb 20 the reserves were up by […]
Mumbai, March 14 Negative global cues and disappointing retail inflation data, led a benchmark index of Indian equities markets to its worst weekly fall in 2015. The barometer index of the Indian equities market, the benchmark 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE) plunged 945.65 points or 3.21 percent during the […]
Tasmania’s economy will receive a $40 million injection and more than 400 new jobs will be created thanks to the $13 million Australian Government Innovation and Investment Fund and $27 million in matching investment by local businesses. Minister for Industry and Science Ian Macfarlane said,”Forty one businesses across the State will receive from $50,000 to […]
Washington, March 11 Louisiana’s Indian-American governor Bobby Jindal has jumped into a war of words between the White House and Senate Republicans over a letter to the government of Iran on a potential deal over its nuclear programme. Jindal, who is testing the waters for a 2016 presidential run, issued a call on Tuesday for […]
New Delhi, March 9 Larsen and Toubro and Pipavav Defence, in which Reliance Infrastructure of Anil Ambani Group is acquiring a majority stake, have been shortlisted for the Rs.60,000-crore potential contract to build six submarines for the Indian Navy, sources said Monday. “Project 75i, as we call it, is for purchasing six next-generation submarines with […]
Mumbai, March 9 A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), plunged 327.55 points or 1.11 percent as banking stocks plummeted on Monday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at 104.55 points or 1.17 percent down at 8,833.20 points. The Sensex of the S&P […]
New Delhi, March 6 ,Giving a major fillip to India’s neighourhood outreach in the Indian Ocean region, Prime Minister Narendra Modi will be on a five-day visit to the three key island nations of Seychelles, Mauritius and Sri Lanka from March 10. However, the Maldives leg of the visit is not on, in view of […]
Hyderabad, March 5 (IANS)Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday invited Japanese firms to invest in the development of the new state capital and in various sectors which offer huge opportunities.He promised the investors faster clearances, allotment of any amount of land, round-the-clock electricity supply, water and hassle-free business environment.Naidu was addressing a […]
India’s spices exports jumped by 32 percent to $1.39 billion in the April-November period of the current financial year, according to data released by the Spices Board of India. In terms of US dollar value spices exports rose by 32 percent in the first eight months of the current fiscal while in rupee term the […]