Inflation target

New Delhi, July 25: The government is likely to notify this week the inflation target for the next five years under the monetary policy framework agreement, a top official said today. The target will seek to maintain price stability, while meeting growth objective, he said. "We are going to notify it (inflation target) soon. It can be notified in a day or two," the official said.

GST ambit

New Delhi, July 25: The government is exploring ways to bring petroleum products under the ambit of the proposed goods and services tax (GST) with the consent of states, oil minister Dharmendra Pradhan said in the Lok Sabha today.

Essar Ports

Mumbai, July 25: Essar Ports, the ports arm of the $27-billion Essar group, will invest Rs 800 crore to expand the capacity of its terminal at Hazira in Gujarat to 50 million tonnes (mt) from 30mt.

Stocks soar

Mumbai, July 25: The Sensex today recaptured the 28000-mark after 11 months to end at 28095.34 and the Nifty closed at a 15-month high of 8635.65 on hopes of GST (goods and services tax) bill passage and G20 policymakers agreeing on steps to boost global growth.