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National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 288.682 crore as loan assistance to Karnataka Government for building up of rural infrastructure in various districts of the State.
State-owned Indian Infrastructure Finance Company Ltd (IIFCL) said that it would raise Rs 1200 crore for lending to infrastructure projects, through long term infrastructure bonds.
Worried that the Egypt crisis may further push up crude oil prices, the Reserve Bank indicated sticking to its "anti-inflationary" efforts through tight monetary policy.
Singing legend Lata Mangeshkar will be the first recipient of the 'Swarbhaskar' award, instituted in memory of Pandit Bhimsen Joshi by the Pune Municipal Corporation (PMC).
Sourav Ganguly today scotched reports that he has decided to retire from all forms of competitive cricket in the aftermath of IPL franchises shunning him for the fourth edition of the Twenty20 event.
Mumbai, Feb 7 (PTI) With a steady recovery in major markets such as the US and Europe, Indian IT and BPO export is likely to grow three-fold to USD 175 billion in revenue by end -this decade, apex software industry body Nasscom said today.
The state government today signed a Memorandum of Understanding with Bharat Petroleum Corporation for marketing refined petroleum products of its Rajasthan Refinery.
The Sebi board also decided that the currency derivative segment would have self-clearing members and they would be required to have networth of Rs 5 crore.
US regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
The ailing national carrier posted Rs 49.48 crore worth of operating surplus in December and Rs 21.66 crore in November.
Reliance Mobile kicked off a series of promotional activities for ICC World Cup beginning next week.
US regulators on Monday made their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
US consumer credit surged in December as shoppers boosted their credit-card debt for the first time in more than two years, supporting views economic activity was gathering momentum.
Oil prices fell sharply on Monday as concerns about Egypt's political turmoil affecting oil flows in the region eased and investor focus returned to rising US inventories and a tepid employment picture.
An iPhone app aimed at helping Catholics through confession and encouraging lapsed followers back to the faith has been sanctioned by the Catholic Church in the United States.
British novelist Beryl Bainbridge, shortlisted five times for the coveted Booker Prize for fiction but never a winner, will finally be honoured with a special "Best of Beryl" award, organisers said on Tuesday.
People who have spent more time in the sun and those with higher vitamin D levels may be less likely to develop multiple sclerosis, according to an Australian study.
GCPL | Fortis Healthcare | FDC | Karur Vysya Bank | SAIL | NTPC | Moser Baer | Reliance Inds | ONGC | Zee Entertainment | Wipro | ITI and Tata Steel are stocks, which are in the news today.
According to Ganesha, this week try to focus only on stock specific and not on F & O. The reason is that during the entire week, after 13:00, the market will be highly volatile and highly fluctuating, which cannot be judged.
In the US, markets reached multi-year highs boosted by positive earnings. Markets gained further support as president Obama said he wanted to lower the corporate tax rate and eliminate tax loopholes.
The support for the Nifty is at 5360-5260 and resistance at 5555.
Stock Futures added 2.6 crore shares in OI and Nifty 5300 Put added 9 lakh shares in OI.
The coming session is likely to witness a resistance at 5450 on advances. Support is likely at the 5350 levels. An extension of the Nifty spot beyond these thresholds will probably see a larger move unfolding.
Systemic liquidity is improving as government spending comes into the system, says Sandeep Bagla, ICICI Securities Primary Dealership.
The rupee is likely to open steady with traders looking at the rangebound global currencies, says Vikram Nanivadekar, Verity Analytics.
