Business

The benchmark BSE Sensex rose by 102.92 points, or 0.50 per cent, to 20,469.74 in early trade on Monday.

The industry has had very mixed relationship with the Finance Minister.

The country's largest bank had a net profit of Rs 3,396 crore on standalone basis in the October-December quarter of 2012-13.

Showing no signs of recovery, industrial production growth rate remained negative for the third month in a row, contracting 0.6 per cent in December 2013, mainly due to sluggishness in manufacturing sector.

Hennes & Mauritz will open its first store in India this year, it said on Wednesday, as the world's second-biggest fashion retailer becomes the latest to take advantage of the opening of Asia's third-largest economy to foreign operators.

It is for the first time that Budget Manual has been prepared in Hindi by the Finance Ministry.

Overall, 16 constituents of 30-share Sensex fell while 14 like RIL, L&T and ITC rose.

Rupee opened higher by 10 paise at 62.42 per dollar on Wednesday as against previous day's closing value of 62.52 a dollar.

Six persons were convicted on Wednesday for possessing and circulating fake Indian Currency notes in May 2009.

SEBI had formed the advisory committee for 'Investor Protection and Education Fund (IPEF)' in 2009.

The dollar nurses heavy losses after suffering its biggest one-day fall in four months against a basket of major currencies.

Airtel has less than 4,000 mobile towers in the African country.

RBI Governor Raghuram Rajan also recommended using consumer prices as the primary measure of price changes.

Ending almost seven years of wait, Air India is finally expected to join Star Alliance, a global network of airlines, by this summer.

The global economy is estimated to expand at 3.2 per cent this year from 2.4 per cent in 2013, with growth picking up in developing countries and high-income economies, the World Bank said.

The NSE barometer Nifty also jumped over 79 points to reclaim the 6,300-point mark as it ended at 6,320.90.