Sensex swings by 366 points ends 157 points down Speculations about a promissory notes problem as also suspension of some foreign funds played havoc on the stock markets, whose benchmark index swung by a huge 366 points during the session that started with strong hopes of a liberal bonus from IT major Infosys.
Full float of rupee not before 2009: Chidambaram Finance Minister P Chidambaram has ruled out full convertibility of the rupee before 2009, saying revenue deficits would have to be wiped out first in the economy.
India eyes US $120 billion from exports in FY 2007 With its exports crossing the 100 billion dollar mark for the first time in 2005-06, India has set itself an export growth target of 20 per cent that should see it touching 120 billion dollars in the current fiscal.
Gurudas Dasgupta seek PM intervention in SBI strike As talks between the government and striking SBI employees failed to make any headway, CPI MP Gurudas Dasgupta today (Apr 07, 2006) requested Prime Minister Manmohan Singh to intervene and find a reasonable solution to the workers' demand without further delay.
SBI strike enters fifth day, gets unions support The deadlock between government and striking SBI employees over their demand for higher pension continued, as the indefinite stir by workers spilled over to the fifth day today (Apr 07, 2006).
Imports increases to 140 bn dollars in 2005-06 India's imports increased to 140 billion dollars in 2005-06, up 32 per cent from last fiscal, with non-oil imports accounting for 97 billion dollars.
Sensex zooms to 11,900 points during early trade The benchmark index today sky-rocketed to set another peak at 11,900 points in early trading on the Bombay Stock Exchange (BSE) on aggressive buying in IT shares,
especially Infosys.
