currency

Fiji scraps holiday on Elizabeth’s birthday


August 2nd, 2012 - 6:46 pm ICT by IANS
London, Aug 2 (IANS) Former British colony Fiji has scrapped a bank holiday on the birthday of Queen Elizabeth because it was "unimportant" and a "burden" on the country, a ... Read more...

Posted in Politics |

60,000 Chinese hold assets worth 100 mn yuan


July 20th, 2012 - 6:47 pm ICT by IANS
Beijing, July 20 (IANS) Around 63,500 people in China - with an average age of 41 - have individual assets worth more than 100 million yuan (around $16 million), a ... Read more...

Posted in World |

Pakistani soldier repatriated


July 13th, 2012 - 4:16 pm ICT by IANS
Jammu, July 13 (IANS) The Indian Army Friday handed over a Pakistani soldier to its compatriot across the border in Poonch district of Jammu and Kashmir.The soldier, Arif Ali had ... Read more...

Posted in Uncategorized |

Ancient cowries unearthed in Odisha


July 5th, 2012 - 5:42 am ICT by IANS
Bhubaneswar, July 4 (IANS) A group of workers unearthed several kilograms of cowries, probably used as currency in ancient times, as they dug up a field in Odisha's Kendrapada district, ... Read more...

Posted in Life Style |

Rupee notes come floating in Guwahati!


June 25th, 2012 - 9:24 pm ICT by IANS
Guwahati, June 25 (IANS) Monsoon rain which usually brings only water-logging brought riches in the form of floating Indian rupee notes in some parts of Guwahati Monday.When most people were ... Read more...

Posted in Health Science |

Government failed to check slowing economy, says BJP


June 25th, 2012 - 8:09 pm ICT by IANS
New Delhi, June 25 (IANS) The Bharatiya Janata Party Monday criticised the moves of the finance ministry and the Reserve Bank of India (RBI) to boost the slowing economy, ... Read more...

Posted in Politics |

RBI to announce measures to revive rupee: Mukherjee


June 25th, 2012 - 2:34 pm ICT by IANS
New Delhi, June 25 (IANS) Finance Minister Pranab Mukherjee said Monday the Reserve Bank of India (RBI) would announce measures later in the day to help revive the battered ... Read more...

Posted in Business |

Russia printing Syrian currency


June 14th, 2012 - 9:31 pm ICT by IANS
Moscow, June 14 (IANS/RIA Novosti) The Syrian Ambassador to Russia Riyad Mohammad Haddad admitted Thursday that Russia was printing Syrian currency.Media reports Wednesday claimed Russia was printing new Syrian bank ... Read more...

Posted in World |

Currency goes up and down in market economy, says PM


May 23rd, 2012 - 2:16 am ICT by IANS
New Delhi, May 23 (IANS) With a steep fall in value of rupee, Prime Minister Manmohan Singh Tuesday said that in a market economy currency goes up and down ... Read more...

Posted in Politics |

IT spending of Indian enterprises in 2012 likely Rs.1,910 bn: Gartner


May 22nd, 2012 - 10:55 pm ICT by IANS
New Delhi, May 22 (IANS) The IT spending of Indian enterprises is likely to touch Rs.1,910 billion in 2012, a 16.4 percent increase from 2011 spending of Rs.1,640 billion, driven ... Read more...

Posted in Business |

Fitch cuts Greece’s rating


May 18th, 2012 - 1:49 pm ICT by IANS
London, May 18 (IANS) International ratings agency Fitch has announced cutting Greece's credit rating from B- to CCC, citing the "heightened risk" that Greece could leave the euro zone.Recent Greek ... Read more...

Posted in Business |

Home secretary reviews cross-LOC trade at Poonch


May 17th, 2012 - 5:52 pm ICT by IANS
Jammu, May 17 (IANS) Union Home Secretary R.K. Singh Thursday visited Jammu and Kashmir's frontier Poonch district and discussed with local people issues concerning trade across the Line of Control ... Read more...

Posted in South Asia |

TCS shares surge 12 percent on robust earnings


April 24th, 2012 - 4:40 pm ICT by IANS
Mumbai, April 24 (IANS) The shares of Tata Consultancy Services (TCS) Tuesday surged more than 12 percent in the afternoon trade following a better than expected quarterly earning Monday.At ... Read more...

Posted in Sci-Tech |

TCS shares surge 12 percent on robust earnings


April 24th, 2012 - 4:40 pm ICT by IANS
Mumbai, April 24 (IANS) The shares of Tata Consultancy Services (TCS) Tuesday surged more than 12 percent in the afternoon trade following a better than expected quarterly earning Monday.At ... Read more...

Posted in Sci-Tech |

Bangladesh encourages inward remittances with new banks


April 4th, 2012 - 8:56 pm ICT by IANS
Dhaka, April 4 (IANS) Bangladesh's central bank has approved a proposal to set up three new commercial banks to boost inward remittances from its citizens living and working abroad.The board ... Read more...

Posted in Business |

Unemployment rate highest in nine years in Italy


April 3rd, 2012 - 4:49 pm ICT by IANS
Rome, April 3 (IANS/AKI) Italian unemployment in February rose to 9.3 percent, the highest level since 2003 as the eurozone's third richest country struggles to pull itself out of recession.In ... Read more...

Posted in Business |

South Korea’s foreign reserves go up


April 3rd, 2012 - 1:44 pm ICT by IANS
Seoul, April 3 (IANS) South Korea's foreign reserves grew to a record high of $315.95 billion last month as a reduction in conversion value of non-dollar denominated assets was offset ... Read more...

Posted in Uncategorized |

Sri Lanka struggles to reduce $1 bn dollar deficit


March 27th, 2012 - 2:12 pm ICT by IANS
Colombo, March 27 (IANS) Sri Lanka's external trade in 2012 has begun with a nearly $1 billion trade deficit due to a mixed performance with subdued exports and high imports, ... Read more...

Posted in Uncategorized |

US gold and copper prices ease


March 13th, 2012 - 12:29 am ICT by Aishwarya Bhatt
New York, Mar 12 (THAINDIAN NEWS) In some good news for gold lovers, the price of the priced commodity has dropped. And along with gold, price of copper has eased as well. ... Read more...

Posted in Business |

South Korea’s foreign reserves expand


March 5th, 2012 - 2:08 pm ICT by IANS
Seoul, March 5 (IANS) South Korea's foreign reserves expanded to a record high of $315.8 billion last month due to a rise in conversion value of non-dollar denominated assets and ... Read more...

Posted in Business |

China money supply to increase 14 percent


February 18th, 2012 - 10:42 pm ICT by IANS
Beijing, Feb 18 (IANS) China's central bank has set a target of 14 percent growth rate for its money supply in 2012.M2, an important gauge of money supply, mainly includes ... Read more...

Posted in Business |

Manipuri militant nabbed


February 16th, 2012 - 10:44 pm ICT by IANS
Guwahati, Feb 16 (IANS) Police have arrested a member of the outlawed Kangleipak Communist Party (KCP) from a rented house at Lachit Nagar area of Guwahati Thursday.The cadre, identified as ... Read more...

Posted in Uncategorized |

Spanish village goes back to peseta


February 15th, 2012 - 1:10 am ICT by Aishwarya Bhatt
Madrid, Feb 14 (THAINDIAN NEWS) With the ongoing euro crisis, a Spanish village has opted to go back to using the peseta. Residents in Villamayor de Santiago got back to the old ... Read more...

Posted in Business |

Higher tax on properties near Metro lines suggested


February 14th, 2012 - 4:26 pm ICT by IANS
New Delhi, Feb 14 (IANS) The people residing in close proximity to Metro lines may have to shell out more by way of property tax if the urban ... Read more...

Posted in Business |

Uninor revenue rises, parent firm writes down investment


February 8th, 2012 - 9:07 pm ICT by IANS
New Delhi, Feb 8 (IANS) Uninor's revenue rose during the quarter ended December 2011 on an increased subscriber base while the parent company Telenor wrote down its investment of about ... Read more...

Posted in Business |

South Korean money supply growth unchanged in December 2011


February 8th, 2012 - 2:37 pm ICT by IANS
Seoul, Feb 8 (IANS) South Korea's money supply growth stayed unchanged in December 2011 year due to a base effect, the central bank said Wednesday.The country's M2, so-called broad money, ... Read more...

Posted in Business |

South Korea’s foreign reserves grow in three months


February 2nd, 2012 - 2:57 pm ICT by IANS
Seoul, Feb 2 (IANS) South Korea's foreign reserves grew for the first time in three months in January due to a rise in conversion value of non-dollar denominated assets and ... Read more...

Posted in Business |

South Korea’s money supply growth unchanged in November 2011


January 12th, 2012 - 2:25 pm ICT by IANS
Seoul, Jan 12 (IANS) South Korea's money supply growth stayed unchanged in November last year, the central bank said Thursday.The country's M2, so-called broad money, expanded 4.4 percent in November ... Read more...

Posted in Business |

Euro blamed for driving up cost of living in Spain


December 28th, 2011 - 11:57 am ICT by IANS
Madrid, Dec 28 (IANS/EFE) Housing costs in Spain have risen 66 percent since the adoption of the euro in 2001, while food prices are up 48 percent, a consumers' organisation ... Read more...

Posted in Business |

Police find Rs.20 lakh on dead trader


December 28th, 2011 - 12:54 am ICT by IANS
Chandigarh, Dec 27 (IANS) Police and doctors at the Government Multi-Specialty Hospital (GMSH) Tuesday found almost Rs.20 lakh on a man who was found unconscious near the inter-state bus terminal ... Read more...

Posted in Uncategorized |

South Korea’s money supply growth accelerates in October


December 7th, 2011 - 1:31 pm ICT by IANS
Seoul, Dec 7 (IANS) South Korea's money supply growth continued its upward trend in October due to a base effect, the central bank said Wednesday.The country's M2, so-called broad money, ... Read more...

Posted in Business |

Over half of Indonesia’s forex reserves in US dollars


December 6th, 2011 - 2:33 pm ICT by IANS
Jakarta, Dec 6 (IANS) About 55 percent of Indonesia's foreign exchange (forex) reserves are in US dollars, giving the central bank more flexibility to intervene in the market, a media ... Read more...

Posted in Business |

RBI monitoring depreciating rupee: Mukherjee


November 19th, 2011 - 5:35 pm ICT by IANS
New Delhi, Nov 19 (IANS) Even as the rupee fell to a 32-month low against the dollar, pushing up the cost of imports, Finance Minister Pranab Mukherjee Saturday said ... Read more...

Posted in Business |

Soldiers find ‘Gaddafi mafia money’


November 12th, 2011 - 11:00 am ICT by IANS
Tripoli, Nov 12 (IANS/AKI) Soldiers belonging to a militia that fought late Libyan leader Muammar Gaddafi's military found a secret cache of gold, dollars and euros buried in a garden ... Read more...

Posted in Politics |

Eurozone poses fresh tension to global economy: Basu


November 5th, 2011 - 12:34 am ICT by IANS
Kolkata, Nov 4 (IANS) Terming Europe as the "trouble zone", the union finance ministry's Chief Economic Advisor Kaushik Basu Friday said the region creates a tension to the world economy."Some ... Read more...

Posted in Business |

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