Sensex, Nifty hits nearly 16-month high in the week

Sharp rally in most of the sectors paved the way for both the key indices, Sensex and Nifty, to hit a nearly 16-month highs and improved further by about three per cent during the week under review, stimulated by a host of positive factors.
Source: Hindustan Times News Feeds 'Business' | 19 Sep 2009 | 7:02 am

India`s forex reserves up by $3.32 bn!

India`s foreign exchange reserves increased by USD 3.329 billion to USD 280.978 billion for the week ended September 11 against USD 277.649 billion in the previous week.
Source: Zee News : Business | 19 Sep 2009 | 6:36 am

IMF to sell 403 tonnes of gold to boost lending!

The International Monetary Fund said its executive board endorsed the sale of 403 tonnes of gold, worth an estimated 13 billion dollars, to boost its lending capacity to poor countries.
Source: Zee News : Business | 19 Sep 2009 | 6:36 am

Airtel offers STD, local calls at 50 paisa per minute!

Bharti Airtel on Friday announced offering both local and STD calls at a flat rate of 50 paisa per minute to its 110 million subscribers.
Source: Zee News : Business | 19 Sep 2009 | 6:36 am

Don't expect miracles at Copenhagen: Jairam Ramesh - Press Trust of India


Treehugger

Don't expect miracles at Copenhagen: Jairam Ramesh
Press Trust of India
New York, Sept 19 (PTI) India has said that developed countries should "not expect miracles" at the key Copenhagen climate summit in December and the goals sought for emission controls should be more "realistic". "We must aim for low hanging fruit," ...
Law for reducing emissions not acceptable: OppnEconomic Times
Change on climate: India ready to quantify cutsIndian Express
India says Chinese medicine fuels tiger poachingReuters India
Reuters -Times of India -Livemint
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Source: Business - Google News | 19 Sep 2009 | 4:38 am

DoT cuts penalty for rollout lags

The Department of Telecom has reduced the penalty major operators have to pay for not fulfilling the rollout obligations.
Source: Moneycontrol Top Headlines | 19 Sep 2009 | 4:22 am

IOC plans Rs 4,000cr investment in pipelines

IndianOil is planning investments of around Rs 4,000 crore in pipelines in the next couple of years to reduce the costs it incurs in transporting products by rail and road.
Source: Moneycontrol Top Headlines | 19 Sep 2009 | 4:08 am

Obama seeks to reassure G20 on financial reforms

WASHINGTON (Reuters) - U.S. President Barack Obama vowed on Saturday to work with fellow G20 leaders next week to close gaps in financial regulations and insisted reckless schemes that yield "fat executive bonuses" could no longer be tolerated.