crisis period

Subbarao sees scope to cut rates in 2012


July 31st, 2012 - 6:17 pm ICT by IANS
Mumbai, July 31 (IANS) Reserve Bank of India (RBI) Governor Duvvuri Subbarao Tuesday said persistent high inflation did not allow the central bank to cut interest rates immediately but there ... Read more...

Posted in Business |

India’s potential growth rate has come down: RBI


June 19th, 2012 - 8:55 pm ICT by IANS
Mumbai, June 19 (IANS) A day after keeping the key policy rates steady, the central bank Tuesday said India's potential of maintaining a high economic growth has come down."Potential growth ... Read more...

Posted in Business |

Government sets up board to boost manufacturing


June 3rd, 2012 - 5:54 pm ICT by IANS
New Delhi, June 3 (IANS) The government Sunday announced a board to help operationalise the national manufacturing policy that aims to create 100 million additional jobs and boost the share ... Read more...

Posted in Business |

PM sets up monitoring system to fast track projects


June 1st, 2012 - 7:08 pm ICT by IANS
New Delhi, June 1 (IANS) Prime Minister Manmohan Singh Friday approved setting up a monitoring system to fast track implementation of major projects with outlay of over Rs.1,000 crore, ... Read more...

Posted in Business |

2012 not to be a shining year for Indian gems and jewellery


May 9th, 2012 - 8:16 pm ICT by IANS
Chennai, May 9 (IANS) The Indian gems and jewellery industry will see muted demand in 2012 with volume growth to be around four percent for the sector, Fitch Ratings said ... Read more...

Posted in Business |

Experts say excise duty hike was expected


March 16th, 2012 - 6:54 pm ICT by IANS
New Delhi, March 16 (IANS) Finance Minister Pranab Mukherjee Friday proposed a two percentage point hike in peak excise duty from 10 percent to 12 percent. Market analysts said ... Read more...

Posted in Business |

Russia now world’s sixth largest economy: Medvedev


December 22nd, 2011 - 6:04 pm ICT by IANS
Moscow, Dec 22 (IANS/RIA Novosti) Russia is the world's sixth largest economy, President Dmitry Medvedev said in his state of the nation address Thursday."We have successfully overcome a very difficult ... Read more...

Posted in Politics |

Sound banking system needed for financial stability: Pranab


March 27th, 2011 - 5:48 pm ICT by IANS
Mumbai, March 27 (IANS) A sound and resilient banking sector, well-functioning financial markets, robust liquidity management and payment and settlement infrastructure have become the pre-requisites for financial stability, union ... Read more...

Posted in Business |

Changing email pattern can predict crisis in company


February 22nd, 2011 - 7:35 pm ICT by IANS
Sydney, Feb 22 (IANS) Changes in a company's email traffic foreshadow a looming crisis, an analysis of now-dead Enron Corporation's electronic correspondence has revealed. Researchers at the University of Sydney's School of ... Read more...

Posted in Business |

India also affected by global financial crisis, accepts Mukherjee


February 5th, 2011 - 1:59 pm ICT by ANI
Kolkata, Feb 5 (ANI): Union Finance Minister Pranab Mukherjee has said that Indian economy was also affected during the international financial crisis period and it has slowly recovered after the slump.Addressing ... Read more...

Posted in National |

Mukherjee assures support to growth of textiles industry


February 2nd, 2011 - 8:02 pm ICT by ANI
New Delhi, Feb 2 (ANI): Union Finance Minister Pranab Mukherjee today assured the textiles industry the Government's continuous support to upgrade technology, manufacturing processes and conducive policy environment to facilitate its ... Read more...

Posted in National |

Immense opportunities for Indian companies in Oman: Business body chief


January 24th, 2011 - 7:45 pm ICT by ANI
Mumbai, Jan.24 (ANI): Oman's focus in the post crisis period world is to strengthen bilateral relations with India in sectors such as oil, renewable energy, healthcare and education, to name a few', ... Read more...

Posted in Business |

Fed Bond Buying Spree Makes Headlines


November 4th, 2010 - 7:21 pm ICT by GD
By Ranjan Bhaduri Nov 4, (THAINDIAN NEWS) The Federal reserve in its bid to boost the slow economic recovery is planning to purchase U.S. government bonds worth $600 billion in the next few ... Read more...

Posted in World News |

India will grow 8.75 percent now, 9 percent soon: Mukherjee (Lead)


October 26th, 2010 - 3:21 pm ICT by IANS
New Delhi, Oct 26 (IANS) With clear signals of an all-round upturn, thanks to the fiscal stimulus measures since December 2008, the Indian economy will grow at 8.25-8.75 percent this fiscal, ... Read more...

Posted in Business |

Indian economy will grow 8.25-8.75 percent: Mukherjee


October 26th, 2010 - 1:40 pm ICT by IANS
New Delhi, Oct 26 (IANS) The Indian economy is witnessing clear signals of an all-round recovery thanks to the fiscal stimulus measures since December 2008, and the country will grow at ... Read more...

Posted in Business |

Divorce ‘may be better for kids’


July 3rd, 2010 - 12:39 pm ICT by ANI
Washington, July 3 (ANI): A new study has suggested that parents shouldn't stay in a bad marriage for the sake of their children.In marriages with a lot of conflict, 'staying together for ... Read more...

Posted in Health Science |

Padma Lakshmi Shares The Tale Of Her Billionaire Romance


May 23rd, 2010 - 7:10 pm ICT by GD
By Ranjan Bhaduri New York, May 23, (THAINDIAN NEWS) Model Padma Lakshmi who happens to be the ex wife of author Salman Rushdie has finally confessed to the media about her romance with ... Read more...

Posted in Entertainment |

G-20 is the appropriate forum to resolve global meltdown: BRIC leaders


April 16th, 2010 - 2:37 pm ICT by ANI
By Ravinder Singh RobinBrasilia (Brazil), Apr.16 (ANI): Reaffirming the central role of the Group of 20 (G-20) member nations in combatting and neutralising the impact of the global fiscal crisis, leaders of ... Read more...

Posted in World |

Stimulus packages helped generate more jobs: Assocham


February 21st, 2010 - 11:29 pm ICT by IANS
New Delhi, Feb 21 (IANS) Stimulus packages offered by the government during the recession helped generating additional employment with 19 percent growth during October-January in the ongoing fiscal, according to a study ... Read more...

Posted in Business |

Kazakhstan president invokes Nehru to inspire his nation


February 6th, 2010 - 12:31 pm ICT by IANS
Astana, Feb 6 (IANS) Recalling Jawaharlal Nehru's famous quote that "success mostly comes to those who act bravely", Kazakhstan President Nursultan Nazarbayev has said his country was inspired by India, a rapidly ... Read more...

Posted in Business |

Food prices in developing countries remain very high, says UN


July 16th, 2009 - 10:47 pm ICT by IANS
Rome, July 16 (DPA) Domestic food prices in developing countries remain high despite a sharp decline in international prices and overall good cereal harvests, according to a report released Thursday by a ... Read more...

Posted in Business |

India-Chile should target five billion dollar trade by 2014


March 15th, 2009 - 12:18 pm ICT by ANI
New Delhi, Mar.15 (ANI): In order to propel the economy during this economic downturn, CII recommends boosting trade ties with other Latin American countries like Chile, and leverage the immense potential ... Read more...

Posted in Business |

A seminar on Classical status for Kannada and Telugu Languages


July 16th, 2008 - 8:29 pm ICT by ANI
New Delhi, July 16 (ANI): Delhi Karnataka Sangha is organizing a seminar on the Classical Status for Kannada and Telugu languages in the national capital on Saturday (July 19). The day-long ... Read more...

Posted in National |

Centre asks States to set up Specialist Response Teams to tackle natural disasters


May 28th, 2008 - 6:08 pm ICT by admin
New Delhi , May 28 (ANI): Underlining the importance of early warning, the Centre has asked the States to set up Specialist Response Teams to tackle natural disaster effectively.Addressing the ... Read more...

Posted in Life Style |

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