Economy News

bse-sensex

BSE Sensex Closes 1 Percent Down; Banks Lead Fall

The BSE Sensex gained over 1.2 percent in the previous session but it closed nearly one percent down on Wednesday. Banks lead the fall on worries of a rise in cost of funds and heavy government borrowing. Mar 28, 2012
bse-sensex

BSE Sensex Up by 1.2 Percent; Psychological Rally

The BSE Sensex rose 1.2 percent on Tuesday after the media reported that the government would not target the so-called participatory notes or P-Notes in a blanket manner under its newly proposed General Anti-Avoidance Rule Mar 27, 2012
a-lone-kingfisher-airlines-customer-waits-in-a-check-in-queue-at-mumbai039s-domestic-airport

Kingfisher Airlines Likely to Lay-off its Employees: Sources

Kingfisher Airlines has been receiving brickbats from all the directions over its massive cut down in its flight operations, undue payments of salaries and outstanding tax amounts, owing to the debt crisis airlines is now mulling to resize its staff department and closing down of office across India in order to cost cut the expenses, said sources. Mar 27, 2012
kingfisher-airlines

Kingfisher Airlines Agrees To Clear Rs 10 Crore Of Service Tax Dues

Central Board of Excise and Customs (CBEC) chief S K Goel on Sunday said that the ailing Kingfisher airlines had agreed to clear Rs.10 crore of its whopping Rs.76 crore service tax due, in service tax arrears which it has already collected from passengers, by end of this fiscal year. Mar 25, 2012
prime-minister-manmohan-singh

Manmohan Singh Invites Korean Firms To Invest In India

Manmohan, who is on a bilateral tour in the Republic of Korea, encouraged Korean firms for more investments in India and suggested the small and medium sized companies to launch its business in Indian markets. Mar 25, 2012
bse-sensex

BSE Sensex Down by Over 2 Percent

The BSE Sensex witnessed a fall of over 2 percent on Thursday due to outflow of foreign money. It is the biggest one-day fall since last February. Mar 22, 2012
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