| Sensex
down 240 pts, closes at 17579
|
Mumbai,
Feb 29:
The budget 2008-09 gave mixed signals to markets but the proposal
to hike the short-term capital gains tax did not go down well
as the benchmark Sensex dipped by more than 240 points on Friday.
|
| Gold,
silver touches new peak
|
Mumbai,
Feb 29:
Safe-haven buying pushed up gold to Rs 12,525 per 10 gram and
silver to Rs 24,130 per kg on the bullion market during opening
trade triggered by weak bourses after Finance Minister P Chidambaram
announced a loan waiver of Rs 60,000 crore for farmers in his
budget speech.
|
| Hyundai,
GM to cut price of small cars
|
New
Delhi, Feb 29:
Much to the delight of prospective small car buyers, leading
manufacturers Hyundai Motor India and General Motors today said
they would slash prices by up to Rs 16,000 to pass on benefits
from the excise duty cut announced in the Budget.
|
| Bank
stocks plunge on loan waiver announcement
|
Mumbai,
Feb 29:
Bank stocks fell 3 per cent to 9,763.90 points in late afternoon
trade on Friday after the Finance Minister P Chidambaram announced
a loan waiver for farmers.
|
| Jet
Airways expands service in Canada
|
Toronto,
Feb 29:
With the launch of daily code share service between Jet Airways
and Air Canada offering facilities like convenient connection
options on a single ticket, passengers will now get an increased
access to major cities in both the countries.
|
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