India hikes defence spending by 13 percent (Second Lead)
March 16th, 2012 - 6:03 pm ICT by IANS
New Delhi, March 16 (IANS) India Friday raised its military spending to Rs.1,93,407 crore ($38.6 billion/Rs.1.93 trillion), a 13 percent increase, to further push the fast-paced modernisation of its ... Read more...
Posted in Business |
Inflation remains sticky, growth will moderate: RBI
October 24th, 2011 - 8:30 pm ICT by IANS
Mumbai, Oct 24 (IANS) The Reserve Bank of India (RBI) Monday said economic growth for 2011-12 will be lower than its earlier projection of 8 percent even as inflation remained ... Read more...
Posted in Business |
RBI set to again hike rates to tame inflation
October 24th, 2011 - 5:10 pm ICT by IANS
Mumbai, Oct 24 (IANS) The Reserve Bank of India (RBI) is widely expected to again hike key policy rates Tuesday to curb stubbornly high inflation. The 13th hike since March ... Read more...
Posted in Business |
Punjab technical institutes seek government intervention
December 15th, 2010 - 8:15 pm ICT by IANS
Chandigarh, Dec 15 (IANS) Managements of technical institutions in Punjab have sought tax concessions from the state government for their survival.In a meeting of nearly 100 educational institutions from Punjab held at ... Read more...
Posted in Uncategorized |
Ahead of Diwali, Surat textile industry faces slump
October 24th, 2010 - 9:34 pm ICT by ANI
By Sanjeev AminSurat, Oct.24 (ANI): The textile industry of Surat in Gujarat well known across the country, is facing a slump despite high preparations for the upcoming festive season.According to the President ... Read more...
Posted in Feature |
High inflation a cause for worry: RBI Deputy Governor
June 17th, 2010 - 5:22 pm ICT by ANI
Mumbai, June 17 (ANI): Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty on Thursday said high inflation is a cause of worry for the Central Bank and it would ... Read more...
Posted in Business |
RBI would adjust changes required in monetary policy: Pranab Mukherjee
June 16th, 2010 - 9:52 pm ICT by ANI
Surat (Gujarat), June 16 (ANI): Union Finance Minister Pranab Mukherjee on Wednesday said that if changes in monetary police were required, the Reserve Bank of India (RBI) would adjust it."We have ... Read more...
Posted in Business |
Pranab Mukherjee looks to promising financial year
February 27th, 2010 - 11:23 pm ICT by ANI
New Delhi, Feb 27(ANI): Union Finance Minister Pranab Mukherjee on Saturday admitted that the last two years have been tough for the country's economy, as he inaugurated 82nd annual session of ... Read more...
Posted in National |
Rashid shoots 64, helps Delhi A to commanding win
December 18th, 2009 - 8:03 pm ICT by IANS
Kolkata, Dec 18 (IANS) Carding the best round of his amateur career, an eight-under 64, Rashid Khan led the Delhi A team to a comprehensive win at the LG West Bengal Inter-State ... Read more...
Posted in Sports |
General Motors reports $30.9 bn loss in 2008
February 26th, 2009 - 9:06 pm ICT by IANS
New York, Feb 26 (DPA) US automotive giant General Motors reported Thursday that it lost $30.9 billion in 2008, its fourth straight year of losses.
The final tally came after fourth-quarter losses of ... Read more...
Posted in World |
Layoffs inevitable to save airline: Jet Airways
October 15th, 2008 - 4:28 pm ICT by IANS
Mumbai, Oct 15 (IANS) Jet Airways, while justifying the layoff of over 800 flight attendants Tuesday night to help the company secure its economic health, said that it is in the process ... Read more...
Posted in Business |
S&P forecasts double digit inflation in India till February 2009
August 13th, 2008 - 5:03 am ICT by ANI
New Delhi, August 12 (ANI): Standard & Poor''s, the global rating agency, has forecast that inflation in India is likely to remain in double-digit figure till February 2009.Standard and Poor''s Asia-Pacific ... Read more...
Posted in National |
Hotels the next big thing on Tatas’ African safari
April 1st, 2008 - 11:26 am ICT by admin
By Manish Chand
New Delhi, April 1 (IANS) The Tatas Group's African safari is getting bigger and better as the ambitious industrial house readies to set up luxury hotels and a multimillion-dollar ferrochrome ... Read more...
Posted in World |