Business

Overall retail inflation in rural and urban areas stood at 7.38 per cent and 8.25 per cent in January, respectively.

The budget has provided Rs 1,075 crore for interest-free loans to farmers and women's self-help groups.

Last week the meeting of the Committee chaired by Yashwant Sinha considered the draft of the report on the proposed Bill.

Reliance Communications last month secured $1.18 billion loans from Chinese banks to redeem dollar bonds.

Trai had earlier this year issued a draft exit policy aimed at providing a route to companies, which want to leave the sector.

The possibility of lowering tax rates, however, is remote in view of the fiscal constraints being faced by the government.

The government would seek supplementary demands for grants to the tune of Rs 14,000 crore for recapitalising PSU lenders in the Budget session.

As many as 418 overseas investment transactions were carried out by various companies last month.

Shares of SBI fell as much as 4 per cent after Supreme Court revoked all 122 telecos licences

The Chief Economic Adviser also said the March end inflation would be in the range of 6.5 to 6.8 per cent.

APGenco is planning to generate an additional 3,210 MW with an investment of around Rs 16,000 crore.

Fitch cut Italy's rating to A-minus from A-plus; Spain to A from AA-minus; Belgium to AA from AA-plus; Slovenia to A from AA-minus.

The decree seeks to prevent Ranbaxy from manufacturing drugs for the US market at some of its facilities in the US.

RIL would buy back up to 12 crore equity shares worth Rs 10,440 crore from the open market at a maximum price of Rs 870 apiece.

During the quarter, net interest income of the bank rose 12 per cent year-on-year to Rs 3,116 crore.

The Sensex was down just 14.58 points at 16,451.47 and the Nifty fell 11.5 points, to close at 4,955.80.