commodities prices

Industrial growth to pick up with inflation easing


March 15th, 2012 - 7:05 pm ICT by IANS
New Delhi, March 15 (IANS) Industrial growth during the current financial year is pegged at 4-5 percent, less than the annual growth rates achieved in the recent past, but ... Read more...

Posted in Business |

Global economy heading for another downturn: RBI


January 24th, 2012 - 2:40 pm ICT by IANS
Mumbai, Jan 24 (IANS) Just after three years, the global economy is heading for another downturn mainly because of eurozone debt crisis that would also pull down India's growth, the ... Read more...

Posted in Business |

Indian economy in a difficult situation: Pranab


December 7th, 2011 - 6:57 pm ICT by IANS
New Delhi, Dec 7 (IANS) Finance Minister Pranab Mukherjee Wednesday said India's economy is in a "difficult situation" because of slowing growth, stubborn inflation and a widening fiscal deficit, ... Read more...

Posted in Business |

Prices soar in blockade-hit Manipur


October 23rd, 2011 - 1:05 pm ICT by IANS
Imphal, Oct 23 (IANS) The economic blockade in Manipur demanding a separate district entered the 84th day Sunday, even as it has led to sky rocketing prices of various ... Read more...

Posted in Uncategorized |

Pakistan’s trade deficit is $15.58 bn


October 13th, 2011 - 12:30 pm ICT by IANS
Islamabad, Oct 13 (IANS) Pakistan's trade deficit for 2010-11 was a staggering $15.58 billion, the national assembly was told.Minister for Commerce Makhdoom Amin Fahim Wednesday said the overall deficit for ... Read more...

Posted in South Asia |

Air India staff threaten strike as May salaries are delayed


June 20th, 2011 - 6:05 pm ICT by IANS
New Delhi/Mumbai, June 20 (IANS) Major unions representing over 30,000 permanent employees of the financially beleaguered national carrier Air India Monday said that they may go on a flash strike, ... Read more...

Posted in Business |

Economic revival Pakistan’s key concern: Gilani


June 4th, 2011 - 1:16 pm ICT by IANS
Islamabad, June 4 (IANS) Pakistani Prime Minister Syed Yusuf Raza Gilani has that revival of the economy was the key concern of his government."We have earmarked Rs.730 billion for the ... Read more...

Posted in Business |

Sensex rises in morning session


May 13th, 2011 - 12:10 pm ICT by IANS
Mumbai, May 13 (IANS) A benchmark index of Indian equities markets Friday rose in the morning session even as cues from other Asian markets were negative.The 30-scrip sensitive index ... Read more...

Posted in Business |

Sensex falls in afternoon trade (Lead)


May 12th, 2011 - 3:57 pm ICT by IANS
Mumbai, May 12 (IANS) A benchmark index of Indian equities markets Thursday fell over 200 points in afternoon trade. Broader indices too were in the red.The 30-scrip sensitive index ... Read more...

Posted in Business |

US manufacturing remains healthy


May 3rd, 2011 - 11:03 am ICT by IANS
New York, May 3 (IANS/EFE) Growth in the US manufacturing sector slowed slightly last month, but remains healthy, the Institute for Supply Management (ISM) said Monday.While the ISM index fell ... Read more...

Posted in Business |

ADB says China’s GDP to grow 9.6 percent in 2011 (Second Lead)


April 6th, 2011 - 3:48 pm ICT by IANS
Hong Kong, April 6 (IANS) China's economy is expected to grow 9.6 percent in 2011 as fixed asset investment remains a key driver, the Asian Development Bank (ADB) said in ... Read more...

Posted in Business |

China’s GDP to grow 9.6 percent in 2011: ADB (Lead)


April 6th, 2011 - 2:05 pm ICT by IANS
Hong Kong, April 6 (IANS) China's economy is expected to grow 9.6 percent in 2011 as fixed asset investment remains a key driver, the Asian Development Bank (ADB) said in ... Read more...

Posted in Business |

China sets seven percent growth target


February 28th, 2011 - 1:10 pm ICT by IANS
Beijing, Feb 28 (IANS) China has set an annual growth target of seven percent to ensure sustainable development during its 12th Five-Year Plan (2011-2015), Prime Minister Wen Jiabao said."We must not any ... Read more...

Posted in Business |

A year of disappointment for UPA: BJP


May 24th, 2010 - 3:26 pm ICT by IANS
New Delhi, May 24 (IANS) The Congress-led United Progressive Alliance (UPA) government's first year in office in its second phase has been "a year of disappointment", the Bharatiya Janata Party (BJP) ... Read more...

Posted in Politics |

Government sensitive towards rising prices: PM


March 5th, 2010 - 3:14 pm ICT by IANS
New Delhi, March 5 (IANS) Prime Minister Manmohan Singh Friday said the rising prices of essential commodities was a "byproduct" of global inflation and that his government was sensitive towards the ... Read more...

Posted in Business |

States should join hands to fight inflation: West Bengal FM


January 18th, 2010 - 12:31 pm ICT by ANI
Siliguri, Jan 18 (ANI): West Bengal Finance Minister Asim Dasgupta has said States should join hands to fight inflation.Talking to reporters on the sidelines of a function here on Sunday, Dasgupta said: ... Read more...

Posted in National |

World Bank predicts Indian economy could grow by 8-9 pc in two years


December 4th, 2009 - 7:03 pm ICT by ANI
New Delhi, Dec. 4 (ANI): India could return to a higher growth trajectory of 8-9 percent in two years, but it needs to invest more in infrastructure for sustaining such growth, World ... Read more...

Posted in World |

Rising prices of food articles pinch common man


November 6th, 2009 - 5:52 pm ICT by IANS
New Delhi, Nov 6 (IANS) Forget the season's exotic vegetables, even the common potato, tomato and onion are now beyond the common man's reach. According to official data on select commodities, prices of ... Read more...

Posted in Business |

Exports outlook for 2009 not encouraging: Economic Survey


July 2nd, 2009 - 4:57 pm ICT by IANS
New Delhi, July 2 (IANS) Indian exports could continue to remain subdued this year amid a dismal outlook for the trade sector and world trade volume output set to decline by 11 ... Read more...

Posted in Business |

Protests in Russia against tax increase on imported cars


December 22nd, 2008 - 7:03 am ICT by IANS
Moscow, Dec 22 (DPA) Protests took place Sunday in several Russian cities, especially in the Far East, against higher taxes on imported cars and high fuel prices.In the Far Eastern coastal city ... Read more...

Posted in Uncategorized |

Make money affordable, says Yashwant Sinha


November 25th, 2008 - 2:39 pm ICT by ANI
New Delhi, Nov.24 (ANI): At a time when the country is faced with challenging times in the wake of global economic slowdown, the former Finance Minister and senior Bharatiya Janata Pary ... Read more...

Posted in National |

Economy to grow at six percent at least: Kamath


November 16th, 2008 - 6:34 pm ICT by IANS
New Delhi, Nov 16 (IANS) Although the mood of the Indian industry is gloomy due to the global downturn, the Indian economy, powered by strong domestic fundamentals, will grow at least at ... Read more...

Posted in Business |

Pakistan’s central bank tries to quell default rumours


September 4th, 2008 - 7:41 pm ICT by IANS
Karachi, Sep 4 (DPA) Pakistan's central bank Thursday said it was working closely with the government to restore economic stability amid rising rumours that the country might default soon on loans from ... Read more...

Posted in Uncategorized |

ABN-Amro sees rise in personal loan defaulters


August 12th, 2008 - 6:53 pm ICT by IANS
Mumbai, Aug 12 (IANS) ABN Amro Bank has seen a rise in the number of personal loan defaulters in its India operations, the bank's country executive Meera Sanyal said here Tuesday. "This ... Read more...

Posted in Business |

Canadian dollar falls to lowest level in 11 months


August 6th, 2008 - 11:40 am ICT by IANS
Toronto, Aug 6 (IANS) The Canadian dollar fell to its lowest level against the US dollar Tuesday since September, closing at 95.98 US cents. At Friday's close, it stood at 97.66 US ... Read more...

Posted in World |

UN urges Africa to take steps to avert food price rise


June 17th, 2008 - 10:42 pm ICT by IANS
Xinhua Nairobi, June 17 (Xinhua) The United Nations food agency Tuesday called on African governments to urgently come up with solutions to curb the soaring food prices sparked by surge in energy and ... Read more...

Posted in Uncategorized |

Historic milestone for Toronto Stock Exchange


May 21st, 2008 - 12:28 pm ICT by admin
By Gurmukh Singh Toronto, May 21 (IANS) North America's third largest stock exchange here - the Toronto Stock Exchange (TSX) - reached a milestone Tuesday when it crossed the 15,000-mark for the first ... Read more...

Posted in World |

‘India may ban trading in food futures’


May 6th, 2008 - 4:56 pm ICT by admin
London, May 6 (IANS) India is considering shutting down on trading in food futures, the Financial Times Tuesday quoted Finance Minister P. Chidambaram as saying. Chidambaram made the proposal on the sidelines ... Read more...

Posted in World |

UAE plans strategic food reserves(Gulf Business Capsule)


April 24th, 2008 - 9:46 pm ICT by admin
Dubai, April 24 (IANS) The United Arab Emirates (UAE) is working on a national strategy to build substantial food reserves to cope with rising food prices across the world. As part of ... Read more...

Posted in World |

India to import more cement from Pakistan


April 12th, 2008 - 6:33 pm ICT by admin
New Delhi, April 12 (IANS) After banning export of cement to control inflation, India plans to increase import of cement from Pakistan and buy a total of seven million tonnes from the ... Read more...

Posted in South Asia |

India’s inflation at 41-month high of 7.41 percent


April 11th, 2008 - 8:11 pm ICT by admin
(Lead)New Delhi, April 11 (IANS) India's annual rate of inflation hit a 41-month high of 7.41 percent for the week ended March 29, from 7 percent for the week before, on account ... Read more...

Posted in Business |

India’s trade policy update sets $200 bn exports target


April 11th, 2008 - 6:20 pm ICT by admin
(Lead)New Delhi, April 11 (IANS) India unveiled its Foreign Trade Policy update Friday that sets an export target of $200 billion for 2008-09 and bans export of cement with a twin focus ... Read more...

Posted in Business |

India’s inflation hits 41-month high of 7.41 percent


April 11th, 2008 - 12:54 pm ICT by admin
New Delhi, April 11 (IANS) India's annual rate of inflation rose further to hit a 41-month high of 7.41 percent for the week ended March 29, from 7 percent for the week ... Read more...

Posted in Business |

Top officials discuss prices scenario


April 9th, 2008 - 10:40 pm ICT by admin
New Delhi, April 9 (IANS) A committee of secretaries Wednesday discussed the rising prices of essential commodities and the impact of the steps taken to meet the crisis. "The Committee of Secretaries ... Read more...

Posted in Business |

US stocks resume climb as commodities prices soar


April 4th, 2008 - 5:55 am ICT by admin
DPA New York, April 4 (DPA) Buoyed by soaring commodities prices, Wall Street resumed its week's climb Thursday after a slight retreat the day before. Monsanto Co, the giant seed producer, advanced the ... Read more...

Posted in Business |

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