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Indian Stock Market begins higher; Sensex gains 150 points and Nifty up by 45 points

Today, Indian Stock Markets opens with a good start. BSE Sensex up with over 150 points – The 30-share Sensex was up 111 points a 27,600 and the 50-share Nifty was up 45 points at 8,300. BHEL, ONGC gain: BHEL, ONGC, Sesa Sterlite, Bharti Airtel and Tata Steel are major gainers while Tata Power, Coal […]

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Cabinet clears ordinance making major changes in Land Acquisition Act

Today, Government recommended promulgation of an ordinance making important changes in the Land Acquisition Act including removal of consent clause for acquiring land for five types of industrial corridors, PPP projects, rural infrastructure, affordable housing and defence.

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Sensex gains 265 points in early trade on global trends

Today in early trade Rising for the second straight session, BSE Sensex today spurted by over 265 points by gains in metal, realty and auto stocks amidst a firming trend at other Asian markets.The 30-share index, which had gained 33.17 points in the previous session, rallied by 265.47 points, or 0.97 per cent, to 27,507.25. […]

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Turkey’s direct air connectivity with chartered flights by MakeMyTrip

On Tuesday in Ahmedabad, MakeMyTrip will flying Chartered flights from Ahmedabad to Turkey during  Apri to June 2015 in a week. MakeMyTrip CEO and  E.Sabri Ergen,Consul General of Turkey were present at the Press Meet in Ahmedabad. They will increase its operations to Turkey in subsequent phase. This air service of chartered flights to Turkey […]

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Indian Stock market remains high:Sensex gains 330 points, Nifty regaines 8300 mark

On Monady, Indian Stock market remains high with Sensex gaining 329.95 points and closes at 27,701.79 and Nifty regaining 8,300-mark. During last three sessions Sensex has regained nearly 1,000 points. The index rose as much as 320 points in trade, but experts feel that volatility may rise due to expiry of equity derivatives on Wednesday. […]

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Sensex falls below 27,000-mark; Nifty crosses 8,200-level

Today in late morning trade, BSE Sensex fell below 27,000-mark and the NSE Nifty crossed  8,200-level sustained selling across the board. The market remained week for the past three sessions, reacting to subdued global trend on falling crude prices and weak Chinese manufacturing data. With FII outflows along with jump in country’s trade deficit to […]

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India can have 8 to 9 % growth rate: Dr Manmohan Singh at FICCI

Today, former Prime Minister of India Dr Manmohan Singh said that India can achieve a growth rate of 8-9 % provided there is a “national consensus” on methods to take advantage of globalised world, whose tenure saw the economy registering three years of 9-plus growth rate. While addressing at FICCI event  Dr Singh said “I […]

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Bullion market:Gold recovers on scattered buying; silver ends higher

Today, Gold prices recovered marginally by Rs 10 to Rs 27,310 per ten grams at the bullion market in the national capital during wedding season’s demand from jewellers even as the metal weakened overseas.Silver rebounded by Rs 360 to Rs 38,560 per kg on increased offtake by industrial units and coin makers. Fresh buying by […]

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India’s growth to rise to 6.5% in 2015 on reforms as Fitch ratings

Today, it was estimated that India’s economic growth rate will accelerate to 6.5 per cent in 2015 and further to 6.8 per cent in 2016 on account of reforms,as per Fitch Ratings. “India will be the only BRIC country picking up in 2014 to 5.6 per cent and accelerates to 6.5 per cent in 2015 […]