Business

Industrial production growth rate slowed to 1.7 per cent in December last year on sequential basis mainly due to a contraction in the mining and quarrying sector.

A benchmark index of Indian equities markets provisionally closed on Thursday's trade up 271 points or 0.95 per cent.

Persistent fall in equity markets and a strong dollar in overseas markets also impacted the rupee sentiment, dealers said.

Passenger traffic through code shares surged to 314,351 in the latest December quarter from 1,62,476 passengers in the year-ago period.

Ahead of the Budget 2015-16 to be unveiled later this month, Jaitley hinted at a stable tax regime, saying that 'no unfair effort' will be made by states and the Centre to mop up revenues.

The domestic currency had gained 2 paise on Thursday. The rupee traded in a narrow band on Friday, analysts said.

BSE Bankex plunged by by 2.61 per cent, while realty slumped 1.43 per cent.

"The government will not appeal the judgement of Bombay High Court in the Vodafone case," Union Telecom and Information Technology Ravi Shankar Prasad said.

Continuing its surge for the sixth day, the BSE Sensex crossed the landmark 29,000-level for the first time to hit a life-time high of 29,060.41.

A European Commission committee voted to lift the ban on Tuesday. The legislation now needs to be formally adopted and published by the European Commission.

The rupee finally end the day's trade at 61.69, showing a marginal gain of two paise from its previous close.

The user will have to subscribe ('follow') the bank's Twitter handle and register for the facility, it said. For fund transfer, the sender needs to know the beneficiary's Twitter handle.

In UK, 26 companies spend more than $2 billion on CSR, eight Australian firms spend $980 million and eight Spanish firms spend $648 million.

Jet Airways' chairman Naresh Goyal has pledged his entire shareholding in the carrier of 51 per cent, valued at over Rs 2,600 crore, to state-run PNB.

The BSE Sensex resumed higher at 27,523.86 on initial buying but fell to a low of 27,323.74 on profit-booking.

The spectrum auction will be held for frequencies in four bands of 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz.