Economic woes are largely due to domestic factors: FICCI
June 4th, 2012 - 6:20 pm ICT by IANS
New Delhi, June 4 (IANS) The government should not blame the eurozone crisis for the present economic slowdown as it is largely due to the domestic factors like excessive ... Read more...
Posted in Business |
Slowdown temporary: Montek
January 6th, 2012 - 11:09 pm ICT by IANS
Bhubaneswar, Jan 6 (IANS) Holding that the current economic slowdown would be in the "short term", Planning Commission Deputy Chairman Montek Singh Ahluwalia Friday said India could be the world's ... Read more...
Posted in Uncategorized |
L&T; quarterly net profit rises 15 percent
October 21st, 2011 - 4:40 pm ICT by IANS
Mumbai, Oct 21 (IANS) Engineering and construction major Larsen and Toubro (L&T;) Friday reported a 15 percent increase in net profit at Rs.798 crore for the quarter ended Sep 30, ... Read more...
Posted in Business |
Cabinet approves relaxation of borrowing norms
August 20th, 2009 - 6:31 pm ICT by ANI
New Delhi, Aug 20 (ANI): The Union Cabinet today approved the relaxation of the Debt Consolidation and Relief Facility (DCRF) guidelines, to enable the States to borrow upto four percent of their ... Read more...
Posted in National |
Rural India must be part of big growth story: Sachin Pilot (Interview)
June 21st, 2009 - 3:31 pm ICT by IANS
By Murali Krishnan
New Delhi, June 21 (IANS) Bridging the digital divide so that the 'other India' has access to high-speed broadband connectivity and getting villages into the tele-loop are top priorities ... Read more...
Posted in Business |
India asks Africa to keep doors open to generic drug imports
May 10th, 2009 - 2:43 pm ICT by IANS
By Groum Abate
Addis Ababa, May 10 (IANS) India has urged African countries not to put barriers on the production and import of generic drugs to the continent, especially in the current economic ... Read more...
Posted in Health |
Brussels to host EU-India business summit in October
April 29th, 2009 - 6:46 pm ICT by IANS
Brussels, April 29 (IANS) A business partnership summit between India and the European Union (EU) will be held here October 1-3 to build a strategic partnership between India and the 27-member bloc, ... Read more...
Posted in Business |
India shelves Brazil ethanol plans due to slowdown
February 24th, 2009 - 9:26 pm ICT by IANS
New Delhi, Feb 24 (IANS) India's state-run oil marketing companies (OMCs) have put on hold their plans to invest in ethanol projects in Brazil due to the current economic slowdown, Petroleum Minister ... Read more...
Posted in Uncategorized |
India to produce 20,000 MW nuclear power by 2020: Kakodkar
February 18th, 2009 - 9:56 pm ICT by IANS
Hyderabad, Feb 18 (IANS) Atomic Energy Commission (AEC) chairman Anil Kakodkar Wednesday said that despite the current economic slowdown, India will achieve the production target of 20,000 MW of nuclear power by ... Read more...
Posted in Sci-Tech |
Manmohan Singh approves interim budget for presentation Monday
February 15th, 2009 - 8:36 pm ICT by IANS
New Delhi, Feb 15 (IANS) Prime Minister Manmohan Singh Sunday went through the documents related with the interim budget that will be presented to parliament Monday, and after the approval of the ... Read more...
Posted in Uncategorized |
‘Telecom sector more resilient than other sectors’
February 5th, 2009 - 5:15 pm ICT by IANS
New Delhi, Feb 5 (IANS) The booming Indian telecom industry that boasts of the world's second largest mobile network is more resilient than others in combating crises such as the current economic ... Read more...
Posted in Uncategorized |
100 British firms head for India to signal business as usual
January 17th, 2009 - 4:00 pm ICT by IANS
London, Jan 17 (IANS) British Business Minister Lord Peter Mandelson is to lead a 100-strong business delegation to India next week, saying the two countries must not allow the economic downturn to ... Read more...
Posted in World |
World Bank predicts worst recession since Great Depression
December 10th, 2008 - 4:28 am ICT by IANS
Washington, Dec 10 (DPA) The world could go through its worst recession since the Great Depression as a massive financial crisis has slashed global investment and sharp drops in commodity prices severely ... Read more...
Posted in World |
Union leaders meet labour minister over Dunlop shut down
November 25th, 2008 - 7:46 pm ICT by IANS
Kolkata, Nov 25 (IANS) Various labour unions of tyre maker Dunlop India Ltd are still not ready to accept the management offer of Rs.2,000 per employee every month while keeping the plant ... Read more...
Posted in Uncategorized |
Speed up government projects to thwart slowdown: Industry
November 10th, 2008 - 7:55 pm ICT by IANS
New Delhi, Nov 10 (IANS) Industry lobby Confederation of Indian Industry (CII) has urged the government to set up a monitoring and implementation agency comprising a few top government officials and private ... Read more...
Posted in Uncategorized |
Auto component manufactures appeal to government for relief
November 6th, 2008 - 9:51 pm ICT by IANS
New Delhi, Nov 6 (IANS) Automotive Components Association of India (ACMA), the industry forum of automotive parts makers and ancillary units, has appealed to the government to provide a relief package in ... Read more...
Posted in Business |
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 |
US plans financial system overhaul
April 1st, 2008 - 3:08 am ICT by admin
DPA
Washington, April 1 (DPA) The US Federal Reserve would get broad new powers of regulation over financial institutions under a proposal to streamline oversight in the largest regulatory overhaul since the Great ... Read more...
Posted in World |
US proposes massive financial regulatory overhaul
April 1st, 2008 - 1:02 am ICT by admin
(Second Lead)
DPA
Washington, March 31 (DPA) The US Federal Reserve would get broad new powers of regulation over financial institutions under a proposal unveiled by Treasury Secretary Henry Paulson Monday, in what would ... Read more...
Posted in World |
Bush defends Iraq war, Americans demonstrate
March 19th, 2008 - 10:30 pm ICT by admin
Xinhua
Washington, March 19 (Xinhua) US President George W. Bush Wednesday marked the fifth anniversary of the Iraq war by saying that was a "right decision" while Americans staged anti-war demonstrations across the ... Read more...
Posted in Politics |