IMF pares India’s growth to 6.1 percent
July 16th, 2012 - 8:37 pm ICT by IANS
Washington, July 16 (IANS) With global recovery weakening further, the International Monetary Fund (IMF) has marginally reduced India's growth projections from 6.8 percent to 6.1 percent for 2012 ... Read more...
Posted in World |
BHEL still keen on Udangudi power project
April 8th, 2012 - 10:27 am ICT by IANS
Chennai, April 8 (IANS) Power equipment major Bharat Heavy Electricals Ltd (BHEL) has assured Tamil Nadu government that it would complete the 1,600 MW Udangudi power project by the target ... Read more...
Posted in Business |
HAL not meeting expectations of air force: Minister
March 2nd, 2012 - 10:05 pm ICT by IANS
Bangalore, March 2 (IANS) The state-run Hindustan Aeronautics Ltd. (HAL) was not meeting the expectations of the Indian Air Force (IAF) as it was not completing orders in time, Minister ... Read more...
Posted in Uncategorized |
Indian machine tools industry upbeat on demand growth
January 3rd, 2012 - 10:00 pm ICT by IANS
Bangalore, Jan 3 (IANS) The fledgling Indian machine tools industry remains upbeat on demand growth as economic slowdown during this fiscal had no bearing on orders from the manufacturing sector, ... Read more...
Posted in Business |
Vadilal’s ready-to-eat snacks in markets soon
September 26th, 2011 - 7:02 pm ICT by IANS
Mumbai, Sep 26 (IANS) Ice cream major Vadilal Industries Monday said it will now offer its ready-to-eat products lineup in the domestic market."Vadilal is focusing on increasing sales of value-added ... Read more...
Posted in Uncategorized |
Dubai aviation sector to earn $44.5 bn by 2020
June 14th, 2011 - 9:45 pm ICT by IANS
Dubai, June 14 (IANS/WAM) The aviation sector in Dubai is expected to earn $44.5 billion by 2020, according to an international research firm.Oxford Economics said in its recent report titled ... Read more...
Posted in Business |
India set to grow at 8.25 percent in 2011: IMF
April 11th, 2011 - 9:07 pm ICT by IANS
Washington, April 11 (IANS) Growth in India is expected to be moderate but remain above trend, with GDP growth projected at 8.25 percent in 2011 and 7.75 percent in 2012, ... Read more...
Posted in Business |
Pak says ‘damning’ White House report on terror ‘misinterpreting ground situation’
April 7th, 2011 - 12:58 pm ICT by ANI
Islamabad, April 7(ANI): Pakistan Army spokesman Major General Athar Abbas has rejected the White House report that gave a harshly critical assessment of Pakistan's efforts towards "defeating the insurgency" thriving in the ... Read more...
Posted in South Asia |
Industry concern over meagre factory output rise (Lead)
March 11th, 2011 - 7:01 pm ICT by IANS
New Delhi, March 11 (IANS) India's factory output continued to grow at below-expected level, expanding just 3.7 percent in January compared to 2.53 percent during the month before and 16.8 ... Read more...
Posted in Uncategorized |
ADB 150 mln dollar loan to help India improve its urban infrastructure
August 11th, 2010 - 6:05 pm ICT by ANI
Manila (Philippines), Aug.11 (ANI): The Asian Development Bank (ADB) is extending a 150 million multi-tranche financing facility to help India's National Capital Region (NCR) accelerate plans to build urban infrastructure.ADB's Board ... Read more...
Posted in World |
India’s factory output grows at a slower 11.5 percent in May
July 12th, 2010 - 6:58 pm ICT by IANS
New Delhi, July 12 (IANS) India's factory output grew at a slower 11.5 percent in May, compared to a 16.5 percent in the previous month, but still at a comfortable pace, enabling ... Read more...
Posted in Business |
New Delhi to join jet-set club with mega hi-tech airport terminal
June 24th, 2010 - 1:17 pm ICT by ANI
New Delhi, June 24 (ANI): New Delhi state-of-the-art new airport terminal will be opened next month, firmly putting the city in the elite category of megacities with world class airports.The new ... Read more...
Posted in National |
Assocham submits 20-point agenda for railways
June 19th, 2009 - 10:59 pm ICT by IANS
New Delhi, June 19 (IANS) Speedy execution of pending projects, modernisation of stations and improvement of passenger amenities are among the suggestions the Associated Chambers of Commerce and Industry of India (Assocham) ... Read more...
Posted in Business |
Students’ exodus costs India forex outflow of $10 bn: Assocham
January 26th, 2009 - 6:58 pm ICT by IANS
New Delhi, Jan 26 (IANS) Indian students going abroad for their higher studies cost the country a foreign exchange (forex) outflow of $10 billion annually, according to an industry lobby report released ... Read more...
Posted in Business |
New drug takes eight years for approval in the US
January 12th, 2009 - 12:06 pm ICT by IANS
Washington, Jan 12 (IANS) New drugs being developed for complex diseases might still take eight long years to win US Food and Drug Administration (FDA) approval, according to a study.Although the average ... Read more...
Posted in World |
General Motors plans new launches in India
November 5th, 2008 - 8:54 pm ICT by IANS
Chennai, Nov 5 (IANS) Freed of capacity constraints, General Motors (GM) India plans to beef up its product portfolio with two new models next year, said a top company official here Wednesday.Declining ... Read more...
Posted in Business |
Double flu jab recommended against bird flu pandemic
October 9th, 2008 - 2:39 pm ICT by ANI
Washington, Oct 9 (ANI): Vaccination will be the best way to protect people in the event of the next influenza pandemic but each person would need two doses, suggests an international ... Read more...
Posted in Entertainment |
Corporate honchos oppose Bangalore airport closure
May 17th, 2008 - 12:24 am ICT by admin
Bangalore, May 16 (IANS) Top corporate heads Friday strongly opposed the closure of Bangalore city airport May 23 when the new international airport is set to commence operations from Devanahalli, about 40 ... Read more...
Posted in Business |
Slowdown in industrial growth rings alarm bells (Roundup)
May 13th, 2008 - 1:08 am ICT by admin
New Delhi, May 12 (IANS) India's industrial production growth continued its downward slump since September causing concern to industry even though government was optimistic that it would not adversely impact GDP growth ... Read more...
Posted in Business |