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Home -> Finance -> News

NATIONAL
Sensex races new closing high of 11,307.04 points
Buoyed by sound market fundamentals and faster economic growth, the Bombay Stock Exchange sensex raced forward for the fifth successive day today (Mar 30, 2006) and scored a century to reach one more peak of 11,307.04 points on the last session of derivatives March contract.

Chidambaram and Pranab get more financial powers
The government today (Mar 30, 2006) doubled the financial powers of the Finance and Defence Ministers to facilitate faster clearance of projects, particularly those related to defence acquisitions.

Govt to bring bill to professionalise Cooperatives
To ensure democratic, autonomous and professional functioning of cooperatives, the Government today (Mar 30, 2006) gave its nod for bringing in a Constitution (Amendment) Bill in the Parliament.

Govt approves Rs 1,700 cr for farm loan interest
In line with the budget announcement on 2 per cent interest relief for crop loans up to Rs 1,00,000, the government today (Mar 30, 2006) decided to release Rs 1,700 crore for the purpose.

Sensex hits new peak of 11,291.66 during early trade
Driven by sustained fund flows into equity, the Bombay Stock Exchange (BSE) Benchmark 30-share Index continued its upward march and today (Mar 30, 2006) hit an all-time high of 11,291.66 during early trade while operators squared up positions in the futures at the last day of March contract.

INTERNATIONAL
Oil prices fall in Asian trade after gains in the US
Oil prices slipped in Asian trade today (Mar 30, 2006) after further gains in the United States where the latest inventory figures showed a sharp fall in gasoline (petrol) stocks, dealers said.