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Excise collections fall by 49% in North India
The excise and custom collections from the northern region declined by 49.14 per cent and 18.21 per cent, respectively, in the first six months of this fiscal.

Commexes sales can grow to Rs 80 lakh-cr in '10: FMC
The commodity market regulator Forward Markets Commission (FMC) today said bourses can achieve the turnover target of Rs 80 lakh crore if resumption of forward trading in rice, urad, tur and sugar and launch of options and indices are allowed.

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FIIs net buy Rs 886cr, DIIs net sell Rs 214cr
Foreign institutional investors (FIIs) were net buyers of Rs 885.65 crore (provisional) today, according to data released by BSE.
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Singur land not 'formally' sought: Industry minister

The West Bengal government had not sought return of the land at Singur from Tata Motors ‘formally’, said West Bengal commerce and industry minister Nirupam Sen, a day after Ratan Tata said the government had not approached for the land. Speaking on the sidelines of a seminar organized by Assocham in association with the Bengal Chamber of Commerce & Industry and Merchants’ Chamber of Commerce, Sen said, though the government had not formally asked for the land, the company had been informed about the Bhel proposal and later the Railways proposal. Sen said, unless the Railways submitted a formal proposal, the government would not ask for the land back. With Sen’s comments, it appears that Singur was once again in limbo, as Railways has made it clear that it would not visit the land as it belonged to Tata Motors.


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