bailout package

GDP growth will return to 9 percent: Moily


September 18th, 2012 - 9:28 pm ICT by IANS
Mumbai, Sep 18 (IANS) Power Minister Veerappa Moily Tuesday said that the country's GDP growth would soon return to 9 percent as the power sector is set to deliver a ... Read more...

Posted in Politics |

Presidential poll divides left, right, centre


July 10th, 2012 - 4:34 pm ICT by IANS
New Delhi, July 10 (IANS) The July 19 poll to elect India's 13th president has divided not only the ruling UPA but opposition blocks like the NDA and the ... Read more...

Posted in Politics |

End strike immediately, Ajit Singh tells pilots


June 18th, 2012 - 8:38 pm ICT by IANS
Mumbai, June 18 (IANS) Continuing his tough stance, Civil Aviation Minister Ajit Singh Monday termed the Air India pilots' strike as "illegal" and asked all striking pilots to resume work ... Read more...

Posted in Business |

US stocks mixed on disappointing data


June 13th, 2012 - 10:51 pm ICT by IANS
New York, June 13 (IANS) US stocks opened mixed Wednesday on negative data, although more and more investors believe that a new round of quantitative easing will come.On the economic ... Read more...

Posted in Business |

Didi emulates Amma in tom-tomming her achievements (West Bengal newsletter)


May 19th, 2012 - 6:02 pm ICT by IANS
Kolkata, May 19 (IANS) After crying hoarse about the West Bengal government's poor finances, the Mamata Banerjee government is now splurging money to highlight its achievements on its first ... Read more...

Posted in Politics |

Pilots union moves court against restraint order on stir


May 15th, 2012 - 10:08 pm ICT by IANS
New Delhi, May 15 (IANS) The Indian Pilots Guild (IPG), an association of Air India pilots, Tuesday moved the Delhi High Court challenging its single judge's order that restrained the ... Read more...

Posted in Business |

Air India sacks 10 pilots, derecognises union (Second Lead)


May 8th, 2012 - 6:37 pm ICT by IANS
New Delhi/Mumbai, May 8 (IANS) Air India Tuesday sacked 10 pilots who went on mass sick leave protesting against the airline providing Boeing-787 Dreamliner training to pilots from the erstwhile ... Read more...

Posted in Business |

Air India sacks 10 pilots, derecognizes union (Lead)


May 8th, 2012 - 4:18 pm ICT by IANS
New Delhi/Mumbai, May 8 (IANS) Cracking the whip, Air India Tuesday sacked 10 pilots who went on mass sick leave against the plan to provide Boeing-787 Dreamliner training to those ... Read more...

Posted in Business |

Four Air India flights axed, 100 pilots ’sick’ (Second Lead)


May 8th, 2012 - 1:50 pm ICT by IANS
Mumbai, May 8 (IANS) Four international flights were cancelled after nearly 100 Air India pilots reported 'sick', officials said Tuesday, even as Civil Aviation Minister Ajit Singh called their protest ... Read more...

Posted in Business |

Ajit Singh calls Air India ’strike’ illegal (Lead)


May 8th, 2012 - 11:56 am ICT by IANS
New Delhi/Mumbai, May 8 (IANS) Civil Aviation Minister Ajit Singh Tuesday dubbed "illegal" the protest by Air India pilots that has led to the axing of one international flight and ... Read more...

Posted in Business |

Air India flight cancelled, pilots ’sick’


May 8th, 2012 - 11:19 am ICT by IANS
Mumbai, May 8 (IANS) One international flight was cancelled and others suffered disruptions as a section of Air India pilots reported sick, an official said Tuesday.The exact number of 'sick' ... Read more...

Posted in Business |

Sensex creeps up but wobbly


March 2nd, 2012 - 2:03 pm ICT by IANS
Mumbai, March 2 (IANS) A benchmark index for Indian markets Friday managed to move up around noon, after starting in the negative but continued to trade volatile. Realty stocks ... Read more...

Posted in Business |

Farmers’ suicides: Parliamentary panel to visit Vidarbha Friday


March 1st, 2012 - 4:40 pm ICT by IANS
Nagpur, March 1 (IANS) A parliamentary panel will visit Vidarbha Friday to review the situation in the wake of farmers' suicides in the region, an activist said here Thursday."The ... Read more...

Posted in Politics |

German parliament passes Greece bailout deal


February 28th, 2012 - 8:42 am ICT by IANS
Berlin, Feb 28 (IANS) The German parliament Monday passed the second bailout package for Greece worth about 130 billion euros ($174.4 billion) to help the country avoid a default.The German ... Read more...

Posted in Business |

Sensex subdued, banking, realty stocks under pressure


February 22nd, 2012 - 2:01 pm ICT by IANS
Mumbai, Feb 22 (IANS) A benchmark index at Indian equities markets was Wednesday ruling on a subdued note a little before noon with banking, realty and consumer durables stocks ... Read more...

Posted in Business |

Eurozone approves new Greek bailout plan (Lead)


February 21st, 2012 - 4:59 pm ICT by IANS
Brussels, Feb 21 (IANS) Eurozone finance ministers have ended months of uncertainty and averted an imminent debt default by Greece by approving a second bailout deal for the debt-laden country."After ... Read more...

Posted in Business |

Sensex flat as traders take a breather after rally (Roundup)


February 16th, 2012 - 7:16 pm ICT by IANS
Mumbai, Feb 16 (IANS) A benchmark index for Indian equities Thursday closed flat as traders took a breather after the three-day rally during the week and booked profits in ... Read more...

Posted in Business |

Sensex slips, but manages to stay above 18,000


February 16th, 2012 - 1:21 pm ICT by IANS
Mumbai, Feb 16 (IANS) Traders booked profits at Indian equities markets Thursday with a benchmark index slipping in morning trade but managing to stay above the 18,000-mark, which it ... Read more...

Posted in Business |

Sensex rallies past 18,000, closes 353 points up (Roundup)


February 15th, 2012 - 7:06 pm ICT by IANS
Mumbai, Feb 15 (IANS) A benchmark index for Indian equities markets Wednesday rallied strongly to close 353 points higher and above the 18,000-mark, a level unseen in the past ... Read more...

Posted in Uncategorized |

Sensex rallies, crosses 18,000-mark


February 15th, 2012 - 1:01 pm ICT by IANS
Mumbai, Feb 15 (IANS) A benchmark index for Indian equities markets shot up in morning trade Wednesday to cross the 18,000-mark, a level unseen since six months. Strong cues ... Read more...

Posted in Business |

US stocks fall amid Greece uncertainties (Lead)


February 11th, 2012 - 9:29 am ICT by IANS
New York, Feb 11 (IANS) US stocks closed lower Friday as uncertainties about the Greek debt crisis and poor economic data weighed the market.The Dow Jones industrial average lost 89.23 ... Read more...

Posted in Business |

Sensex slips into red after quiet start


February 10th, 2012 - 1:46 pm ICT by IANS
Mumbai, Feb 10 (IANS) Having started trade on a dull note, a benchmark index for Indian equities markets Friday slipped into the red amid profit booking in blue chips ... Read more...

Posted in Business |

Government has key role in primary education: Stiglitz


January 15th, 2012 - 12:14 am ICT by IANS
Kolkata, Jan 14 (IANS) Nobel laureate economist Joseph Stiglitz feels that government should play an important role in providing primary education as it enables the poor to have access to ... Read more...

Posted in Business |

No bailout for Kingfisher, Air India needs to shape up: Minister


January 11th, 2012 - 4:31 pm ICT by IANS
New Delhi, Jan 11 (IANS) Civil Aviation Minister Ajit Singh Wednesday ruled out any bailout package for Vijay Mallya promoted-Kingfisher which is under financial strain, and added that the ... Read more...

Posted in Business |

Vidharba farmers protest Chavan’s ‘peanuts’ bailout package


December 15th, 2011 - 7:39 pm ICT by IANS
Nagpur, Dec 15 (IANS) A day after four farmers committed suicide in Vidarbha, farmers of Maharashtra's eastern region Thursday staged a road blockade on two highways to press their demand ... Read more...

Posted in Business |

Vidharba shutdown Thursday for farmers’demands


December 14th, 2011 - 9:35 pm ICT by IANS
Mumbai/Nagpur, Dec 14 (IANS) Even as Maharashtra Chief Minister Prithviraj Chavan declared a Rs.2,000 crore bailout package for the state's crisis-ridden farmers, the Shiv Sena-BJP-RPI alliance has vowed to intensify ... Read more...

Posted in Business |

IMF approves another bailout tranche for Greece


December 6th, 2011 - 4:03 pm ICT by IANS
Moscow, Dec 6 (IANS/RIA Novosti) The International Monetary Fund has approved a 2.2-billion euro ($2.9 billion) instalment of international financial aid to keep the Greek economy afloat, the global financial ... Read more...

Posted in Business |

Cotton farmers protest against proposed bailout package


November 23rd, 2011 - 9:29 pm ICT by IANS
Nagpur, Nov 23 (IANS) Terming as peanuts the proposed bailout package for cotton farmers in Maharashtra's Vidarbha region, over 2,000 farmers blocked a state highway Wednesday as part of a ... Read more...

Posted in Business |

New Greek government wins confidence vote


November 17th, 2011 - 9:20 am ICT by IANS
Athens, Nov 17 (IANS/RIA Novosti) The new Greek coalition government led by Lucas Papademos has won the confidence vote in parliament.The government comprises the country's two leading parties -- the ... Read more...

Posted in Uncategorized |

Unfair to write Kingfisher’s epitaph: Mallya (Lead)


November 15th, 2011 - 6:06 pm ICT by IANS
Mumbai, Nov 15 (IANS) Kingfisher Airlines chairman Vijay Mallya Tuesday came out strongly in defence of the carrier, refuting media reports that the airline was on verge of collapse and ... Read more...

Posted in Business |

Fears on Kingfisher’s viability grow, seeks government help


November 11th, 2011 - 11:00 pm ICT by IANS
New Delhi, Nov 11 (IANS) Vijay Mallya-led Kingfisher Airlines has sought the government's help in dealing with a major crisis which has seen the carrier cancel a number of flights ... Read more...

Posted in Business |

Euro falters over Italy, Greece political uncertainty


November 9th, 2011 - 7:44 pm ICT by IANS
Moscow, Nov 9 (IANS/RIA Novosti) The euro fell against the US dollar Wednesday and European markets slumped with it, amid lingering uncertainties over who will lead a new Greek government ... Read more...

Posted in Business |

Sensex closes flat, European debt concerns weigh (Roundup)


November 8th, 2011 - 6:44 pm ICT by IANS
Mumbai, Nov 8 (IANS) A benchmark index for Indian equities markets Tuesday closed flat, having been in a tight range all day. Investors largely chose to remain on the ... Read more...

Posted in Business |

EU urges Greece to reaffirm reform commitment


November 8th, 2011 - 1:33 pm ICT by IANS
Brussels, Nov 8 (IANS/RIA Novosti) Greece could receive a blocked bailout instalment, the sixth tranche worth 8 billion euros ($11 billion), if the nation's incoming government reaffirms its commitment on ... Read more...

Posted in Politics |

Sensex slips 1.36 percent on Euro debt concerns (Weekly market review)


November 6th, 2011 - 3:07 pm ICT by IANS
Mumbai, Nov 6 (IANS) Indian equities markets shed some of their last week's gains with benchmark indices slipping about 1.4 percent as investors across the globe continued to be ... Read more...

Posted in Business |

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