capital flows

Rupee rises to 7-week high of 54.36 against dollar


July 3rd, 2012 - 7:25 pm ICT by IANS
Mumbai, July 3 (IANS) The rupee rose to a seven-week high of 54.36 against a dollar Tuesday as some clarity on taxation rules and the measures announced by the government ... Read more...

Posted in Business |

Putin calls for 27 percent GDP investment by 2018


June 22nd, 2012 - 6:22 am ICT by IANS
Moscow, June 22 (IANS/RIA Novosti) Russia should increase investment from its current level of 20 percent of GDP to 27 percent by 2018, President Vladimir Putin has said.Addressing at the ... Read more...

Posted in World |

India seeks quick ratification of quota reforms


April 22nd, 2012 - 11:53 pm ICT by IANS
Washington, April 22 (IANS) Indian Finance Minister Pranab Mukherjee has urged lagging International Monetary Fund (IMF) members to move quickly to ratify quota and governance reforms that would give ... Read more...

Posted in World |

Huge capital inflows from West hurting us: BRICS


March 29th, 2012 - 7:49 pm ICT by IANS
New Delhi, March 29 (IANS) The world's leading emerging economies Thursday asked for increased global cooperation to stem excessive capital inflows into their respective countries as it could play havoc ... Read more...

Posted in World |

‘India will grow at 7.6 percent, to play active global role’ (Roundup)


March 15th, 2012 - 7:43 pm ICT by IANS
New Delhi, March 15 (IANS) India's economic growth will rebound to 7.6 percent in 2012-13 on the back of softening inflation and better industrial production, enabling it to play ... Read more...

Posted in Business |

Global uncertainty affecting India: Pranab


February 21st, 2012 - 6:56 pm ICT by IANS
New Delhi, Feb 21 (IANS) Global financial problems, besides a tight monetary policy, are affecting the Indian economy and a slowdown in external demand has led to a decline ... Read more...

Posted in Business |

India raises FII investment limits in bonds by $5 bn


November 17th, 2011 - 8:38 pm ICT by IANS
New Delhi, Nov 17 (IANS) India Thursday decided to increase the limit of foreign institutional investors (FIIs) investment in government securities bonds by $5 billion to $15 billion and in ... Read more...

Posted in Business |

G20 agrees to reap benefit from financial integration


November 4th, 2011 - 11:50 pm ICT by IANS
Cannes, Nov 4 (IANS) Leaders of the world's major developed countries and emerging economies agreed Friday to strengthen financial regulations and reap benefits from financial integration, but failed to stay on ... Read more...

Posted in Business |

Economic slowdown may dent capital flows in Asia: ADB


September 1st, 2011 - 2:28 pm ICT by IANS
Seoul, Sep 1 (IANS) Severe economic slowdown in major economies such as the US and Europe could destabilise capital flows in East Asian economies, a senior Asian Development Bank (ADB) ... Read more...

Posted in Business |

India important investment destination, but challenges remain: Ernst-Young


July 11th, 2011 - 6:14 pm ICT by IANS
New Delhi, July 11 (IANS) India may still be an important investment destination for global companies but its complex tax structure, difficulty in repatriation of cash from investments and corruption ... Read more...

Posted in Business |

Pakistan among slowest growing South Asian countries: Daily


June 4th, 2011 - 12:53 pm ICT by IANS
Islamabad, June 4 (IANS) Pakistan is now among the slowest growing South Asian countries, said a leading daily as it noted that "India, Sri Lanka and Bangladesh are forging ahead".An ... 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 |

Highlights of economic review by prime minister’s council


February 21st, 2011 - 5:06 pm ICT by IANS
New Delhi, Feb 21 (IANS) Highlights of the latest review by the Prime Minister's Economic Advisory Council headed by former Reserve Bank governor C. Rangarajan, barely a week ahead of the presentation ... Read more...

Posted in Business |

India, developing nations driving global growth, but risks remain


January 13th, 2011 - 11:34 am ICT by IANS
By Arun Kumar Washington, Jan 13 (IANS) Led by India and other developing countries, the world economy is moving on from a post-crisis bounce-back phase of recovery to slower but still solid growth ... Read more...

Posted in Business |

Government monitoring foreign capital impact: Mukherjee


December 24th, 2010 - 8:00 pm ICT by IANS
New Delhi, Dec 24 (IANS) The government is constantly monitoring the impact of foreign capital inflows on exchange rates and there was no need to press the panic button, Finance Minister ... Read more...

Posted in Business |

Govt. aiming at double digit GDP growth in medium term: Pranab Mukherjee


November 19th, 2010 - 8:36 pm ICT by ANI
New Delhi, Nov 19 (ANI): Union Finance Minister Pranab Mukherjee on Friday said the government is aiming at a double digit Gross Domestic Product (GDP) growth in the medium term, and ... Read more...

Posted in Business |

Trade and current account deficits are managed within limits: Manmohan Singh


November 13th, 2010 - 12:35 pm ICT by ANI
On Board Air India One, Nov 13 (ANI): The Prime Minister, Dr Manmohan Singh, has said trade and current account deficits are managed within limits, and added that capital flows will ... Read more...

Posted in National |

Toronto Stock Exchange to hold road show in India


October 2nd, 2010 - 3:06 pm ICT by IANS
By Gurmukh Singh Toronto, Oct 2 (IANS) The Toronto Stock Exchange (TSX) will hold a road show in India in November to showcase its unique position in the global mining industry.TSX is also ... Read more...

Posted in Business |

Current account deficit likely to be 2.7 percent of GDP: Rangarajan


August 7th, 2010 - 5:00 pm ICT by IANS
Hyderabad, Aug 7 (IANS) India's current account deficit this fiscal is expected to be 2.7 percent of the gross domestic product (GDP) and capital inflows are likely to be around $73 billion, ... Read more...

Posted in Business |

Food prices to ease with rains, says RBI Deputy Governor


August 6th, 2010 - 7:35 pm ICT by IANS
Chennai, Aug 6 (IANS) The Reserve Bank of India (RBI) has taken measures to tackle inflation and expects food inflation to subside with good monsoon rains, a deputy governor of the ... Read more...

Posted in Business |

Krishna heads to Mauritius, Mozambique (Lead)


July 1st, 2010 - 7:28 pm ICT by IANS
New Delhi, July 1 (IANS) External Affairs Minister S.M. Krishna travels Friday to Mauritius and Mozambique, a visit that is expected to broaden India's diplomatic engagements in Africa and in the ... Read more...

Posted in Uncategorized |

Krishna heads to Mozambique, Mauritius Friday


July 1st, 2010 - 5:22 pm ICT by IANS
New Delhi, July 1 (IANS) External Affairs Minister S.M. Krishna leaves here Friday on a five-day official visit to Mozambique and Mauritius, which is expected to deepen India's diplomatic thrusts in Africa ... Read more...

Posted in Uncategorized |

IDBI opens branch in Dubai


June 3rd, 2010 - 11:52 am ICT by ANI
Dubai (UAE),June 3 (ANI-Business Wire India): IDBI Bank one of India's leading banks, majority owned by Government of India, has received a license from the Dubai Financial Services Authority (DFSA) to provide ... Read more...

Posted in Business |

Highlights of Economic Survey 2009-10


February 25th, 2010 - 2:26 pm ICT by ANI
New Delhi, Feb 25 (ANI): Finance Minister Pranab Mukherjee on Thursday tabled the Economic Survey 2009-10.Following are the highlights of Economic Survey:* Economy posted a remarkable recovery expected to grow ... Read more...

Posted in National |

‘There is no concern of capital inflows’ : RBI Governor


December 10th, 2009 - 10:38 pm ICT by ANI
Kolkata, Dec 10 (ANI): The Reserve Bank of India (RBI) Governor D Subbarao said here on Thursday that there is no concern of capital inflows building asset bubbles in India as of ... Read more...

Posted in National |

Capital inflows in line with need: Apex bank


December 10th, 2009 - 6:51 pm ICT by IANS
Kolkata, Dec 10 (IANS) Reserve Bank of India (RBI) Governor Duvvuri Subbarao Thursday said capital inflows into India were in line with the country's need and that there was no concern over ... Read more...

Posted in Business |

Dont draw ‘wrong lessons’ from India, China: US Fed chief


October 20th, 2009 - 3:38 pm ICT by IANS
By Arun Kumar Washington, Oct 20 (IANS) Even as Asian countries appear to be leading a world economic recovery, the head of US central bank has cautioned them against drawing "wrong lessons" from ... Read more...

Posted in Business |

Asia’s economic growth to reach 3.9 percent in 2009: ADB


September 22nd, 2009 - 3:14 pm ICT by IANS
Manila, Sep 22 (Xinhua) The overall economic expansion of developing Asia this year was expected to rise to 3.9 percent, sustained by the region's larger economies like China and India, the Asian ... Read more...

Posted in Business |

India will see signs of recovery this fiscal: Rangarajan


September 17th, 2009 - 5:23 pm ICT by IANS
Hyderabad, Sep 17 (IANS) Indian economy will see "definite signs of recovery" in the second half of the current financial year and will grow between 6 and 6.5 percent in the ... Read more...

Posted in Business |

No adverse impact on flow of capital to India: Ahluwalia


September 14th, 2009 - 5:09 pm ICT by IANS
New Delhi, Sep 14 (IANS) India is concerned about protectionism in the global financial markets in the guise of regulation but does not see any adverse impact on the inflow of ... Read more...

Posted in Business |

Prime Minister leaves for Italy to attend G-8 Summit


July 7th, 2009 - 5:43 pm ICT by ANI
New Delhi, July 7 (ANI): Prime Minister Dr. Manmohan Singh on Tuesday left for Italy to attend the G-8 Summit in L'Aquila.Before his departure, Dr. Singh said he would project India's ... Read more...

Posted in National |

PM says will focus on global issues relating to economic crisis at G8-G5 summit


July 7th, 2009 - 1:23 pm ICT by ANI
New Delhi, July 7 (ANI): Hours before his departure for the G8-G5 summit in Italy, Prime Minister Dr. Manmohan Singh today said he would project India's views on major global issues ... Read more...

Posted in National |

India asks World Bank to boost lending to developing world


April 27th, 2009 - 12:10 am ICT by IANS
By Arun Kumar Washington, April 26 (IANS) India Sunday proposed a three-point action plan, including a substantial increase in the World Bank's lending, to enable the developing world to recover from the worst ... Read more...

Posted in Business |

Challenges to restoring financial stability remain: IMF


April 21st, 2009 - 9:14 pm ICT by IANS
By Arun Kumar Washington, April 21 (IANS) Warning that significant challenges to restoring financial stability remain despite an unprecedented policy response to the global economic crisis, the International Monetary Fund (IMF) has called ... Read more...

Posted in Business |

Obama’s G-20 sojourn, a bag of mixed results


April 3rd, 2009 - 2:12 pm ICT by ANI
London, Apr.3 (ANI): American and British dailies have described President Barack Obama's first trip abroad as Head of State as a bag of mixed results, but all in all, not bad ... Read more...

Posted in World |

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