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  • bank of india shares surge over 22 on impressive earnings

    Bank of India shares surge over 22% on impressive earnings

    October 31, 2013 22:40 IST

    Mumbai: Shares of Bank of India (BoI) on Thursday skyrocketed by over 22 percent after the company reported two-fold jump in net profit for the July-September quarter.Shares of BoI closed at Rs 211.95, up by

  • nsel crisis destroyed everything says shah as he quits mcx

    NSEL crisis destroyed 'everything', says Shah as he quits MCX

    October 31, 2013 22:11 IST

    New Delhi: Jignesh Shah, who is embroiled in the Rs 5,600-crore payment imbroglio at NSEL, Thursday resigned as Non-Executive Vice Chairman of MCX and said this crisis has destroyed "everything" he has worked for all

  • halt on rail platform ticket sale till nov 10

    Halt on rail platform ticket sale till Nov 10

    October 31, 2013 21:35 IST

    New Delhi: Northern Railway has decided to stop sale of platform tickets at major stations in the city, including at New Delhi station, with immediate effect to avoid over crowding during Diwali and Chhat puja

  • core sector grows by 8 in sept highest in 11 months

    Core sector grows by 8% in Sept, highest in 11 months

    October 31, 2013 21:26 IST

    New Delhi: Reflecting pick up in industrial activity, the core sector industries recorded 8 percent growth in September, highest in the past 11 months.The eight infrastructure industries grew mainly due to expansion in crude oil,

  • petrol price cut by rs 1.15 per litre diesel hiked by 50

    Petrol price cut by Rs 1.15 per litre; diesel hiked by 50 paise

    October 31, 2013 22:44 IST

    New Delhi: Petrol price was Thursday cut by Rs 1.15 a litre, the second reduction in rates in a month, while diesel prices were raised by 50 paise per litre.The price changes announced by oil

  • retail inflation for factor workers rose to 10.7

    Retail inflation for factor workers rose to 10.7%

    October 31, 2013 21:05 IST

    New Delhi: Retail inflation for industrial workers has surged to 10.7 percent in September compared to 9.14 percent in same month last year, mainly on account of rise in price of food items, fuel and

  • government will meet fiscal deficit target mayaram says

    Government will meet fiscal deficit target, Mayaram says

    October 31, 2013 20:58 IST

    New Delhi: The government will meet the fiscal deficit target of 4.8 percent of GDP for the current financial year, a top Finance Ministry official said on Thursday."We will meet the fiscal deficit target for

  • infosys indulged in blatant violation of immigration laws

    'Infosys indulged in blatant violation of immigration laws'

    October 31, 2013 17:18 IST

    Washington: Federal prosecutors have alleged that IT major Infosys indulged in blatant violation of immigration laws by not only bringing its employee inside the country on a visa which does not permit work, but also

  • sbi raises fixed deposit rate by 0.2 on select maturity

    SBI raises fixed deposit rate by 0.2% on select maturity

    October 31, 2013 17:04 IST

    New Delhi: Days after RBI hiked short-term lending (repo) rate by 0.25 percent, State Bank of India (SBI) on Thursday raised fixed deposit rate by 0.2 percent on select maturity.With the revision, term deposit between

  • sc agrees to hear sahara s plea to allow roy to go abroad

    SC agrees to hear Sahara's plea to allow Roy to go abroad

    October 31, 2013 16:46 IST

    New Delhi: The Supreme Court on Thursday agreed to hear Sahara Group's plea seeking modification in its order restraining Subrata Roy from going abroad till the Group hands over title deeds of its properties worth

  • mallya ranks 84th in forbes india rich list

    Mallya ranks 84th in Forbes India rich list

    October 30, 2013 22:59 IST

    New Delhi: Problems at Kingfisher continues to weigh down on Vijay Mallya with his net worth dipping by $50 million in the past one year to $750 million, pulling down his position in India's 100

  • coalgate cbi to question two former pmo officials

    Coalgate: CBI to question two former PMO officials

    October 30, 2013 22:08 IST

    New Delhi: CBI will question at least two former officials of the Prime Minister's Office who were involved in the processing of the file related to coal block allocation to Hindalco.Agency sources said the two

  • raja s written submission before jpc not part of 2g report

    Raja's written submission before JPC not part of 2G report

    October 30, 2013 22:46 IST

    New Delhi: Former Telecom Minister A Raja's written submission before the JPC, in which he had claimed Prime Minister Manmohan Singh was in the loop over policy decisions, does not form part of the panel's

  • sc mulls appointing panels to look into iron ore mining in

    SC mulls appointing panels to look into iron ore mining in Goa

    October 30, 2013 22:45 IST

    New Delhi: The Supreme Court on Wednesday said it may consider constituting one or two panels for looking into various aspects of iron ore mining in Goa including fixation of annual cap over the volume

  • better placed to face fed taper cad worries off radar rajan

    Better placed to face Fed taper, CAD worries off radar: Rajan

    October 30, 2013 21:35 IST

    Mumbai: Reserve Bank Governor Raghuram Rajan on Wednesday said India now is in a better position to face the US Federal Reserve's unwinding of its easy money policy whenever it takes place."We are in a

  • inflation based certificate coming soon finance ministry

    Inflation based certificate coming soon: Finance Ministry

    October 30, 2013 21:29 IST

    New Delhi: The government will soon introduce inflation-based certificate to provide some cover to households from impact of inflation, a senior Finance Ministry official has said."Government of India is very soon coming-up with inflation based

  • govt cuts wheat mep to usd260 a tonne

    Govt cuts wheat MEP to USD260 a tonne

    October 30, 2013 22:46 IST

    New Delhi: The government on Wednesday reduced the minimum export price of wheat by USD 40 per tonne to USD 260 per tonne as it found no buyer at the higher floor price of USD

  • delhi tops chart to start a business in india world bank

    Delhi tops chart to start a business in India: World Bank study

    October 30, 2013 22:47 IST

    Washington: It is easiest to start a business in New Delhi within India, while Hyderabad is the fastest for closing an enterprise, says a World Bank study.On the other hand, Kolkata is the toughest place

  • hike diesel price by rs 5 kerosene by rs 4 lpg by rs 250

    'Hike diesel price by Rs 5, kerosene by Rs 4, LPG by Rs 250'

    October 30, 2013 23:10 IST

    New Delhi: Diesel prices should be hiked by a steep Rs 5 per litre, kerosene by Rs 4 a litre and cooking gas (LPG) rates by Rs 250 per cylinder immediately to cut fuel subsidy

  • govt asks ril to surrender 81 of kg d6 gas block

    Govt asks RIL to surrender 81% of KG-D6 gas block

    October 30, 2013 21:04 IST

    New Delhi: The government Wednesday asked Reliance Industries to give up 81 percent of its KG-D6 gas block, including five discoveries, as the time allocated for producing from them had expired."I think the notice (for

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