diversification

Bengal moves to recover WBIDC loans


August 7th, 2012 - 12:12 am ICT by IANS
Kolkata, Aug 6 (IANS) In an attempt to recover around Rs.500 crore in outstanding loans of the West Bengal Industrial Development Corporation (WBIDC), the state government Monday said it ... Read more...

Posted in Business |

It’s possible to increase trade with Pakistan: CII


June 5th, 2012 - 8:08 pm ICT by IANS
Hyderabad, June 5 (IANS) Confederation of Indian Industry (CII) president Adi Godrej Tuesday said it was possible to very considerably increase trade and investment with Pakistan.He told a news conference ... Read more...

Posted in South Asia |

Punjab-Israel to tie-up for dairy farming


June 5th, 2012 - 8:02 pm ICT by IANS
Chandigarh, June 5 (IANS) Punjab will soon tie-up with an Israeli company to develop the dairy farming sector in the state and provide farmers an opportunity to diversify from the ... Read more...

Posted in Business |

Innovations needed for sustainable farming, say experts


June 2nd, 2012 - 6:15 pm ICT by IANS
New Delhi, June 2 (IANS) The Indian agriculture sector is currently facing a number of challenges and needs to adopt innovative technologies to achieve sustainability, said experts at a conference ... Read more...

Posted in Environment |

World Bank to give $37 mn more for Himachal watershed project


May 20th, 2012 - 7:07 pm ICT by IANS
Shimla, May 20 (IANS) The World Bank has agreed in principle to provide additional funding of $37 million (Rs.231.25 crore) for a watershed project in Himachal Pradesh, Chief Minister Prem ... Read more...

Posted in Business |

Kanoria Chemicals to acquire Switzerland-based firm


April 20th, 2012 - 9:49 pm ICT by IANS
New Delhi, April 20 (IANS) Kanoria Chemicals and Industries Limited (KCI) Friday said it would acquire APAG Holding AG, the Switzerland-based holding company of its wholly owned subsidiary APAG Elektronik ... Read more...

Posted in Business |

Now comes Rajasthan Fashion Week!


March 28th, 2012 - 8:25 pm ICT by IANS
Jaipur, March 28 (IANS) Indian fashion world's already crowded lineup has got one more fashion week - Rajasthan Fashion Week (RFW). The first edition of the three-day event will start ... Read more...

Posted in Entertainment |

South Africa expects more trade cooperation with India


March 19th, 2012 - 10:26 pm ICT by IANS
Johannesburg, March 19 (IANS) South Africa and India should seize opportunities presented by the global economy to promote their trade development, a South African official said Monday. The remarks were ... Read more...

Posted in World |

India achieved success in external trade: Pranab


March 16th, 2012 - 3:04 pm ICT by IANS
New Delhi, March 16 (IANS) Finance Minister Pranab Mukherjee Friday said India's external trade has grown encouragingly amid the global slowdown and the country has achieved diversification of the ... Read more...

Posted in Business |

‘India diversifying sources to reduce dependence on Iranian oil’


February 29th, 2012 - 5:26 pm ICT by IANS
New Delhi, Feb 29 (IANS) India will increase imports of crude oil from Africa and Latin American countries to reduce dependence on Gulf countries, especially Iran which is facing sanctions ... Read more...

Posted in Uncategorized |

Iraq seeks Indian investments


February 27th, 2012 - 9:54 pm ICT by IANS
New Delhi, Feb 27 (IANS) Iraq Monday invited Indian investments either independently or through joint ventures to help in reconstruction process of the war-ravaged country."We are open in all formats ... Read more...

Posted in Business |

Himachal best state to integrate natural resources


February 25th, 2012 - 3:33 pm ICT by IANS
Shimla, Feb 25 (IANS) Himachal Pradesh has been adjudged the best state for positive shift in livelihood of rural folks through natural resource management, an official said here Saturday."The state ... Read more...

Posted in Business |

China seeks expanded trade with Brazil


February 14th, 2012 - 12:03 pm ICT by IANS
Brasilia, Feb 14 (IANS/EFE) Chinese Deputy Prime Minister Wang Qishan met Monday with Brazilian President Dilma Rousseff and expressed his country's interest in expanding bilateral relations, especially trade, in light ... Read more...

Posted in Business |

Trinidad and Tobago keen to host mini Indian diaspora meet


January 8th, 2012 - 10:13 pm ICT by IANS
Jaipur, Jan 8 (IANS) Trinidad and Tobago Prime Minister Kamla Persad Bissessar Sunday invited Indian investments in her country, assuring all possible help and said the Caribbean nation was keen ... Read more...

Posted in Business |

China predicts new surge in ODI


January 5th, 2012 - 5:31 pm ICT by IANS
Beijing/Hong Kong, Jan 5 (IANS) Outbound direct investment (ODI) for 2011-15 is expected to register double-digit annual growth to reach $560 billion, matching China's foreign direct investment (FDI).The government will ... Read more...

Posted in Business |

Qatar Airways to use synthetic fuel blend


November 23rd, 2011 - 5:02 pm ICT by IANS
Kolkata, Nov 23 (IANS) With the world's largest gas-to-liquid (GTL) plant in Qatar set to commence commercial production of the synthetic fuel by 2012, Qatar Airways Wednesday said it aims ... Read more...

Posted in Business |

RBI asks banks to watch asset quality


November 14th, 2011 - 9:27 pm ICT by IANS
Mumbai, Nov 14 (IANS) The Reserve Bank of India (RBI) Monday advised all the commercial banks in the country to improve their asset quality by tightening credit risk management system ... Read more...

Posted in Business |

Puerto Rico to have Caribbean’s largest solar project


October 7th, 2011 - 11:48 am ICT by IANS
San Juan, Oct 7 (IANS/EFE) Puerto Rican Gov. Luis Fortuno announced Thursday that a $98 million solar-energy project - the largest ever in the Caribbean region - will be built ... Read more...

Posted in Business |

Rane group enters defence, aerospace sector


September 29th, 2011 - 12:46 am ICT by IANS
Chennai, Sep 28 (IANS) Chennai based auto component group Rane Wednesday announced its diversification into defence and aerospace production as it acquired a 26 percent stake in SasMos Het Technologies ... Read more...

Posted in Business |

India offers to develop Botswana’s rail network


September 20th, 2011 - 5:21 pm ICT by IANS
Gaborone (Botswana), Sep 20 (IANS) India has offered technical assistance to develop and strengthen rail network and other mode of transportation in the southern African country of Botswana.Minister of State ... Read more...

Posted in Uncategorized |

Taking high inflation to be normal is dangerous: RBI


August 25th, 2011 - 8:21 pm ICT by IANS
Mumbai, Aug 25 (IANS) The Reserve Bank of India Thursday warned that accepting high inflation as the "new normal" would be dangerous even as it predicted inflation to remain high ... Read more...

Posted in Uncategorized |

India can grow by nine percent through PPP: Pranab


August 21st, 2011 - 11:41 am ICT by IANS
Kolkata, Aug 21 (IANS) Union Finance Minister Pranab Mukherjee has said India has the potential to achieve nine percent growth, provided public-private partnership (PPP) model was optimally utilised."There is ... Read more...

Posted in Business |

National Aluminium on a major diversification drive: Chairman


July 28th, 2011 - 11:57 am ICT by IANS
Bhubaneswar, July 28 (IANS) State-run National Aluminium Co (Nalco) wants non-core areas to contribute a fourth of its revenue through an ambitious diversification plan covering areas like nuclear energy, thermal ... Read more...

Posted in Business |

India’s June exports up 46.4 percent


July 8th, 2011 - 8:51 pm ICT by IANS
New Delhi, July 8 (IANS) India's merchandise exports rose 46.4 percent in June at $29.2 billion compared to June 2010, Commerce Secretary Rahul Khullar said Friday.India's imports in June grew ... Read more...

Posted in Business |

Bank of Mexico buys 100 tonnes of gold


May 6th, 2011 - 11:12 am ICT by IANS
Mexico City, May 6 (IANS/EFE) The Bank of Mexico said it has purchased 100 tonnes of gold over the past few months to diversify its reserves.The gold accounts for about ... Read more...

Posted in Business |

Tata steel sells majority stake in refractory unit


April 21st, 2011 - 5:57 pm ICT by IANS
Mumbai, April 21 (IANS) Tata Steel Thursday said it would sell 51 percent stake of its refractory unit -- Tata Refractories Ltd (TRL) -- to Japanese firm Krosaki Harima Corporation."The ... Read more...

Posted in Business |

Anand Sharma launches product to promote project exports from India


April 6th, 2011 - 7:53 pm ICT by ANI
New Delhi, Apr 6 (ANI): In a significant bid to give an impetus to project exports from India. Union Commerce and Industry Minister Anand Sharma today launched 'Buyer's Credit Under the NEIA', ... Read more...

Posted in National |

Mosquito, house fly share common ancestry


April 3rd, 2011 - 2:24 pm ICT by ANI
Washington, April 03 (ANI): The mosquito branched off the same evolutionary tree as the housefly around 220 million years ago, according to a new study.Some may think that the mosquito and the ... Read more...

Posted in Health Science |

Carlos Slim remains world’s richest person


March 11th, 2011 - 10:08 am ICT by IANS
New York, March 11 (IANS/EFE) Mexican telecommunications mogul Carlos Slim maintained his position as the world's richest person, beating Microsoft founder Bill Gates and investor Warren Buffett for the second ... Read more...

Posted in World |

Gold consumption up by 66 percent in 2010


February 18th, 2011 - 9:26 pm ICT by IANS
New Delhi, Feb 18 (IANS) World Gold Council's Indian chapter Friday reported that the country consumed 66 percent more of the precious metal in 2010 as compared to the previous year -- ... Read more...

Posted in Business |

Jairam Ramesh hopes for second home for Asiatic Lions


January 27th, 2011 - 9:48 pm ICT by ANI
By Hanif KhokkharSasangir (Gujarat), Jan 27 (ANI): Union Environment Minister Jairam Ramesh on Thursday pressed Gujarat to part with some of its lions, asserting that they should be translocated and have ... Read more...

Posted in National |

Goa should look beyond beaches for tourism: Governor


January 26th, 2011 - 5:17 pm ICT by IANS
Panaji, Jan 26 (IANS) Goa governor S.S. Sidhu Wednesday said that the promotion of Goa as a tourist destination should go beyond its beaches. Speaking at the Republic Day parade here, Sidhu ... Read more...

Posted in Business |

Indian exports grow 36.4 per cent in December 2010, highest in 33 months


January 8th, 2011 - 3:39 pm ICT by ANI
New Delhi, Jan 8 (ANI): India's exports have registered a growth of 36.4 per cent during December 2010, the highest in last 33 months, at 22.5 billion dollars due to diversification of ... Read more...

Posted in National |

Preference should be given to production of biofuels, says Gadkari


October 19th, 2010 - 10:52 pm ICT by ANI
New Delhi, Oct.19 (ANI): Bhartiya Janta Party (BJP) president Nitin Gadkari on Tuesday said that preference should be given to the production of biofuels as this would reduce country's expense for importing ... Read more...

Posted in National |

Indian economy needs four percent farm growth: Ahluwalia


October 4th, 2010 - 7:00 pm ICT by IANS
New Delhi, Oct 4 (IANS) A growing economy like India needs a four percent growth in agriculture, Planning Commission Deputy Chairman Montek Singh Ahluwalia Monday said."It would require more investment in ... Read more...

Posted in Business |

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