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Kingfisher seeks basis of wilful defaulter tag from UCO Bank
Kolkata, Nov 9 (PTI) Grounded Kingfisher Airlines has written to UCO Bank wanting to know the basis of attaching the `wilful defaulter' tag on the carrier.
"First we had sent the airline and its corporate guarantor a notice asking why the…
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Jan Dhan needed as bank nationalisation did not help poor: PM
Varanasi, (PTI) Prime Minister Narendra Modi on Friday said Jan Dhan Yojana was required to correct anomalies created by nationalisation of banks four decades ago as banking benefits did not reach the poor.
"When banks were nationalised…
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Sensex slips over 78 points in volatile trade
Mumbai, Nov 7 (PTI) The benchmark BSE Sensex declined by over 78 points in morning trade today on fresh selling in auto and banking stocks despite buying in realty, consumer durable, power and IT counters.
The 30-share index resumed…
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Sensex rises 55 pts in early trade on capital inflows
Mumbai, Nov 7 (PTI) The benchmark BSE Sensex gained over 55 points in early trade today on foreign capital inflows amid hopes of announcement of more reforms by the government.
Besides, a mixed trend at other Asian bourses influenced…
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Jakson launches new range of solar powered products
Lucknow, Nov 6 (PTI), today launched a new range of solar powered products like Home Lighting Systems (HLS), street lights, indoor RO system to cater to the needs of both urban and rural markets in eastern Uttar Pradesh.
Through this…
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Rupee gains 6 paise against dollar in early trade today
Mumbai, Nov 5 (PTI) The rupee strengthened by six paise to 61.34 against the US dollar in early trade today at the Interbank Foreign Exchange on selling of the US currency by exporters and banks amidst sustained capital inflows.
The…
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Sensex Hits 28,000 for First Time, Nifty Above 8,350
Mumbai, Nov 5 (PTI) The benchmark BSE Sensex breached 28,000-mark for the first time and the NSE Nifty hit a new peak of 8,363.65 in early trade today on sustained fund inflows amidst optimism over encouraging corporate earnings.…
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Medium sugar recovers marginally on renewed deman
Mumbai, Nov 4 (PTI) Medium sugar prices recovered marginally at the Vashi wholesale market here today on renewed demand from stockist and retailers.
While, small sugar witnessed a mixed pattern of trading on alternate bouts of buying and…
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Oil extends losses on Saudi price cuts for US markets
Singapore, Nov 4 (AFP) Oil prices extended losses in Asia today after leading global producer Saudi Arabia slashed its export prices for the US market while hiking them for Asia.
US benchmark West Texas Intermediate (WTI) for December…
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Expand BRICS into BRICKS: Basu pitches for Kenya’s inclusion
Washington, Nov 3 (PTI) The five-member block of emerging economies, BRICS, should consider drawing Kenya into its fold to become 'BRICKS', World Bank's Chief Economist and India's former Chief Economic Advisor Kaushik Basu has said.…
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