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Home -> Finance -> News

NATIONAL
'Govt, RBI committed to ensure price stability'
Finance Ministry today (Oct 14, 2005) said Government and Reserve Bank were committed to maintaining price stability even after inflation breached 4 per cent mark.

Sensex crashes further by 175 pts on heavy selling
In highly volatile trading, the Sensex today (Oct 14, 2005) crashed further by a whopping 175 points and extended fall for the second consecutive day on the Bombay Stock Exchange (BSE) due to heavy selling pressure.

Left trade unions raise voice for BPO sector staff
The left-front-ruled West Bengal Government may be pulling up its socks to woo IT and BPO companies to the state, but the left trade unions have raised their banner against the alleged violation of worker's rights in the sector.

BSE: Sensex plunges by 123 points at midsession
The Sensex plunged and crashed by 123 points during the mid-session on the Bombay Stock Exchange (BSE) here today (Oct 14, 2005) due to frantic sell off by operators and retail investors.

BSE Sensex down by 15 pts at 8300 level on opening
The Sensex today (Oct 14, 2005) opened marginally better, but soon fell back by 15 points during the opening session at Bombay Stock Exchange (BSE) on increased selling pressure.

INTERNATIONAL
Samsung to pay $300 million fine for price fixing
Samsung, the world's largest maker of memory chips for computers and other gadgets, will pay a $300 million fine to settle accusations it secretly conspired with industry rivals to fix prices and cheat customers, federal officials said here.

Chidambaram in Beijing to attend G-20 meeting
Finance Minister P Chidambaram would be attending a key G-20 ministerial meeting on various developmental issues and hold bilateral talks with his Chinese counterpart Jin Renqing.