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Sensex at Bombay Stock Exchange hits fresh 16-month high

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Mumbai : Sensex at Bombay Stock Exchange climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent, biggest weekly gains in over two months.Indian rupee strengthening by 10 paise to 66.85 (intra-day) against the dollar during the day also positively impacted trading sentiment.

Rs 1 Crore fine has been imposed on UP Govt by Allahabad High Court

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Rs 1 Crore fine has been imposed on UP Govt by Allahabad High Court  in a land acquisition matter of Loni, Ghaziabad. The court has directed the government to deposit the fine in the Court before September 15, 2016 which has been fixed as next date of hearing.The Bench comprising justice Tarun Agarwala and justice Vipin Sinha passed the above order while hearing a petition filed some residents of Loni, Ghaziabad. 

Modi to attend Annual G-20 Leaders Summit in Hangzhou, China

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New DelhiThe Prime Minister, Narendra Modi would be visiting Vietnam from 2nd September 2016 to 3rd September 2016. Prime Minister will also be attending Annual G-20 Leaders Summit in Hangzhou, China from 3rd September 2016 to 5th September 2016. ndia will engage constructively on all the issues before us and work towards finding solutions and taking forward the agenda for a robust, inclusive and sustainable international economic order that uplifts the socio-economic conditions of people across the world, especially those who need it most in developing countries.

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