Policy reform, cuts in government spending required: RBI
August 23rd, 2012 - 9:36 pm ICT by IANS
Mumbai, August 23 (IANS) The Reserve Bank of India said Thursday that lower interest rates alone would not help put the economy on the growth track, and the government needs ... Read more...
Posted in Business |
UP officials told to improve law, order
July 15th, 2012 - 12:12 am ICT by IANS
Lucknow, July 14 (IANS) Uttar Pradesh Chief Secretary Javed Usmani Saturday directed police and administrative officials to spruce up law and order.He said officials should be available to listen to ... Read more...
Posted in Politics |
Hike in Bengal’s credit-deposit ratio linked to investments
December 9th, 2011 - 12:02 am ICT by IANS
Kolkata, Dec 8 (IANS) Stating that the low credit-deposit (CD) ratio of West Bengal is a matter of concern, Reserve Bank of India (RBI) Governor D. Subbarao Thursday said that ... 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 |
Arcelor-Mittal signs $6 bn credit facility agreement
March 22nd, 2011 - 6:43 pm ICT by IANS
New Delhi, March 22 (IANS) World's leading steel producer Arcelor-Mittal Tuesday said it has signed a new five-year credit agreement with leading international banks worth $6 billion, which would replace ... Read more...
Posted in Uncategorized |
Development, modernisation of rural India a must: President
September 22nd, 2010 - 10:58 pm ICT by IANS
Kolkata, Sep 22 (IANS) President Pratibha Patil Wednesday said development and modernisation of rural India is a must to ensure the country's rapid yet inclusive growth and stressed on the integration ... Read more...
Posted in Business |
ASSOCHAM suggests measures to boost corporate investments
August 3rd, 2010 - 7:03 pm ICT by IANS
New Delhi, Aug 3 (IANS) The Associated Chambers of Commerce and Industry (ASSOCHAM) has said tax concessions to companies, better regulation of imports and liberal exit policies are some of the measures ... Read more...
Posted in Business |
German economy records biggest contraction in 60 years
January 13th, 2010 - 6:28 pm ICT by IANS
Berlin, Jan 13 (DPA) The German economy last year posted its biggest contraction since the Second World War as the global financial crisis engulfed Europe's economic powerhouse, the nation's statistics office ... Read more...
Posted in Business |
Fiscal stimuli to continue till economy stabilises: Mukherjee
November 3rd, 2009 - 7:48 pm ICT by IANS
New Delhi, Nov 3 (IANS) Finance Minister Pranab Mukherjee Tuesday said fiscal stimuli packages announced since December last year will continue even though the central bank had indicated a phased exit ... Read more...
Posted in Business |
Privatisation of Indian nuclear power plants soon: Ansari
August 26th, 2009 - 10:22 pm ICT by IANS
Mumbai, Aug 26 (IANS) Vice President Hamid Ansari Wednesday expressed hope that private utility providers will run nuclear power plants in India in the "not so distant future", and stressed the need ... Read more...
Posted in Business |
Allow private investment in nuclear power: Economic Survey
July 2nd, 2009 - 7:58 pm ICT by IANS
New Delhi, July 2 (IANS) India's Economic Survey for 2008-09 released here Thursday has called for allowing private players - both domestic and foreign - to invest in the country's nuclear power ... Read more...
Posted in Business |
Western India hot destination for corporate investment
June 14th, 2009 - 2:22 pm ICT by IANS
New Delhi, June 14 (IANS) Western India remained the most favoured investment destination for corporates in 2008-09, according to an industry lobby report.
The Associated Chambers of Commerce and Industry (Assocham) ... Read more...
Posted in Business |
India to see largest growth in foreign investment: KPMG
June 19th, 2008 - 5:09 pm ICT by IANS
New Delhi, June 19 (IANS) India is likely to register the largest growth in attracting foreign investment worldwide, and is poised to become the global leader for investment in manufacturing, according to ... Read more...
Posted in Business |
Tamil Nadu planning solar power plants
June 12th, 2008 - 11:39 am ICT by IANS
Chennai, June 11 (IANS) The Tamil Nadu government plans to establish solar power plants through private sector participation, the state's Minister for Electricity Arcot N. Veerasamy said here Wednesday . The plan ... Read more...
Posted in Business |
Polycab seeks IFC equity investment to finance expansion
June 3rd, 2008 - 6:48 pm ICT by IANS
Ahmedabad, June 3 (IANS) Gujarat-based Polycab Wires Private Ltd (Polycab) has approached the International Finance Corporation (IFC), the private lending arm of the World Bank group, to finance its expansion plan spread ... Read more...
Posted in Business |