Business

Maruti Suzuki, the country's biggest car maker, sold 10.8 percent less cars in the 12 months to March than a year previous.

The Department of Industrial Policy and Promotion (DIPP) has set a goal "to increase FDI inflows".

The Delhi HC has now issued a notice to the ED on the Writ petition filed by the firm and their associates.

The World Bank board would meet in April to select the new president to replace Robert Zoellick, who has been holding the post since July 2007.

Wednesday's fall was majorly led by banks due to tight liquidity situation.

Kingfisher sources said closing down offices temporarily was due to curtailment of flights from 64 to 16 aircraft.

SEBI is in the process of reforming the IPO norms to ensure minimum price volatility on the day of listing.

Every sector participated in Wednesday's rally - capital goods, banks & financials, technology and telecom stocks, and Reliance Industries were leading gainers.

The BSE Sensex snapped three-day losing streak and closed with moderate gains on Tuesday.

IMF is also looking to bolster its financial resources especially with contributions from emerging majors such as China and India.

The govt on Monday said that the Labour Force Participation Rate for women has declined by over 6 pc in last five years.

Among other items, only vegetable prices saw a decline of 4.73 per cent over the February 2011 level.

The budget is credit negative for the sovereign and is mixed for banks and corporates, they wrote.

Mukherjee in his budget proposals has doubled the basic customs duty on standard gold bars to 4 per cent and non-standard gold to 10 per cent.

Pranab Mukherjee said while fiscal consolidation will help create more space for private investment demand, improved financing and spending on infrastructure will help strengthen investment.

In his Budget proposals for 2012-13 made on Friday, Pranab Mukherjee has made a provision of Rs 40,000 crore towards fuel subsidy.