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BUSINESS & FINANCE

Sensex gains 57 points in early trade

altThe BSE benchmark index Sensex recovered by nearly 57 points in early trade today on selective buying by funds.

Indian economy may grow at 8 percent in 2012-13: Rangarajan

altIndia's economy may grow at 7.1 percent this financial year and inch up to 8 percent next fiscal if the global environment turns favourable, chairman of the Prime Minister's Economic Advisory Council C. Rangarajan said Wednesday.

Sensex up 84 points in early trade

altContinuing its rising streak for the third straight session, the BSE benchmark index Sensex rose by another 84 points in early trade today on sustained capital inflows.

RBI to issue Rs 5 coins in Bhagat Singh's memory

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altRBI will soon bring out Rs 5 coin to commemorate freedom fighter and martyr Shahid Bhagat Singh.

Govt releases retail inflation numbers; CPI up 7.65% in Jan

altInflation based on the all India Consumer Price Index stood at 7.65 per cent in January, as per the first nationwide retail inflation data released by the government today.

Sensex up 106 points in early trade

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altThe BSE benchmark index Sensex rose by over 106 points in early trade today on sustained buying by funds and retail investors amid a firming trend in Asian markets.

Rupee up 17 paise against dollar in early trade

altThe rupee appreciated by 17 paise to 49.10 against the dollar on the Interbank Foreign Exchange market in early trade today on increased foreign fund inflows amid firm equity markets.

FIIs' inflow into Indian stocks reach $4-bn for 2012

altAdopting a bullish stance on India, overseas investors have pumped in about Rs 14,000 crore in the Indian equity market so far this month and the experts expect this positive trend to continue further.

PM for scaling up growth in agriculture sector

altPrime Minister Manmohan Singh today said the agriculture sector is likely to achieve about 3.5 per cent annual growth in the 11th Five-Year Plan, but stressed on scaling it up to 4 per cent or more in the next Plan (2012-17).

Upgraded Aakash tablet to be available at same price: Sibal

alt'Aakash', the world's cheapest tablet, will be fully indigenous soon and its improved version will be launched by the government at the same price.

Investors have not lost confidence in telecom sector: Sibal

altMore than a fortnight after the Supreme Court quashed 122 mobile telphone licences, Telecom Minister Kapil Sibal said foreign investors have not lost confidence in the sector and will participate in the auction of the airwaves freed by the court judgement.