IIP grows 0.1 percent in July, government calls meeting to revive manufacturing (Lead)
September 12th, 2012 - 8:09 pm ICT by IANS
New Delhi, Sep 12 (IANS) India's industrial output grew in July, reversing the contraction in June, but at a marginal 0.1 percent from a year earlier, government data showed ... Read more...
Posted in Business |
Industrial output in July grows at 0.1 percent
September 12th, 2012 - 5:27 pm ICT by IANS
New Delhi, Sep 12 (IANS) India's industrial production grew in July, reversing the contraction in June, but at a marginal 0.1 percent from a year earlier, government data showed Wednesday.According ... Read more...
Posted in Business |
Artists, buyers fondly remember Husain a year after his death (With image)
June 9th, 2012 - 7:46 pm ICT by IANS
New Delhi, June 9 (IANS) Maqbool Fida Husain, the "Picasso" of Indian art, ended his run as an iconic artist at the age of 95 in London a year ago ... Read more...
Posted in Life Style |
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 |
Domestic January-March air growth at 6.55 percent
April 18th, 2012 - 4:43 pm ICT by IANS
New Delhi, April 18 (IANS) The number of passengers carried by domestic airlines grew by more than 6.55 percent in the period between January to March 2012 and stood at ... Read more...
Posted in Business |
Pulses may become dearer in India
April 5th, 2012 - 7:06 pm ICT by IANS
Kolkata, April 5 (IANS) Prices of pulses may increase due to a marginal decline in production this fiscal if the prevailing dry weather conditions in both north and south India ... Read more...
Posted in Business |
Indian aviation grew 12.3 percent in February: IATA
April 3rd, 2012 - 6:08 pm ICT by IANS
Geneva, April 3 (IANS) Despite its continuing financial woes, India's aviation sector logged 12.3 percent growth in February, the second fastest among major domestic markets in the world, the International ... Read more...
Posted in Business |
Seeking internal growth drivers a new trend: Chinese official
April 2nd, 2012 - 1:07 pm ICT by IANS
Boao (China), April 2 (IANS) Promoting internal growth drivers is the new trend in Asia's economic development, said Chinese Vice Premier Li Keqiang Monday."While continuing to unleash its comparative advantages ... Read more...
Posted in Business |
Jewellers criticise hike in import duty on gold
March 16th, 2012 - 8:21 pm ICT by IANS
New Delhi/Mumbai, March 16 (IANS) Indian jewellery makers Friday criticised Union Finance Minister Pranab Mukherjee's proposal to increase basic customs duty on standard gold bars, gold coins and platinum ... Read more...
Posted in Business |
India’s IT industry bets on growth despite uncertainty
January 8th, 2012 - 12:33 pm ICT by IANS
Bangalore, Jan 8 (IANS) The Indian IT industry is hopeful of maintaining its growth momentum in 2012 despite global economic uncertainty and concerns over the fallout of the sovereign debt ... Read more...
Posted in Uncategorized |
Not shying from investing in Haryana plants: Maruti Suzuki
November 3rd, 2011 - 5:59 pm ICT by IANS
Mumbai, Nov 3 (IANS) Automobile giant Maruti Suzuki Thursday said that its decision to buy land in Gujarat is based on the need to expand capacity for meeting future ... Read more...
Posted in Business |
Singapore’s electronics sector bucks contracting trend
November 2nd, 2011 - 1:24 pm ICT by IANS
Singapore, Nov 2 (IANS) Singapore's electronics sector bucked the contracting trend for manufacturing activities in October, according to the latest purchasing managers' index (PMI).Business Times said Wednesday that the PMI ... Read more...
Posted in Uncategorized |
‘Pakistan-Iran gas pipeline to bring industrial revolution’
October 15th, 2011 - 5:13 pm ICT by IANS
Islamabad, Oct 15 (IANS) The Pakistan-Iran gas pipeline has great geo-political value and will bring industrial revolution to the country, Iranian Ambassador to Pakistan Mashallah Shakari has said.This venture will ... Read more...
Posted in South Asia |
China’s September trade surplus drops
October 13th, 2011 - 2:15 pm ICT by IANS
Beijing, Oct 13 (IANS) China's trade surplus in September fell 12.4 percent year-on-year to reach $14.51 billion dollars due to sluggish global demand and rising costs in domestic markets, authorities ... Read more...
Posted in Business |
Onion export ban was not panic decision: Minister
September 21st, 2011 - 7:23 pm ICT by IANS
New Delhi, Sep 21 (IANS) Facing flak over the two-week ban on onion exports that was lifted Sep 20, Food Minister K.V. Thomas said it was not a "panic" decision ... Read more...
Posted in Uncategorized |
CII lauds capital markets reforms
August 31st, 2011 - 2:56 pm ICT by IANS
New Delhi, Aug 31 (IANS) The recent reforms initiatives taken by the capital market regulator, the Securities and Exchange Board of India (SEBI), will strengthen investors' confidence in the Indian ... Read more...
Posted in Business |
Bikinis back in Goa tourism campaigns
April 11th, 2011 - 7:25 pm ICT by IANS
Panaji, April 11 (IANS) A year after Goa banished bikinis from its tourism promotion campaigns, the attractive two-piece swimwear is back to entice the international tourists to the state's famed ... Read more...
Posted in Business |
Kemrock to invest $2 bn in Gujarat for speciality polymers
January 14th, 2011 - 8:13 pm ICT by IANS
Mumbai, Jan 14 (IANS) Vadodara-based Kemrock Industries and Exports, a leading manufacturer of reinforced polymer has signed an agreement with the Gujarat government to invest $2 billion to set Greenfield projects ... Read more...
Posted in Business |
L&T’s subsidiary bags Rs.2,503 crore-worth orders
December 31st, 2010 - 5:41 pm ICT by IANS
New Delhi, Dec 31 (IANS) Construction and engineering major Larsen & Toubro's (L&T) subsidiary Electrical and Gulf Projects Operating Company has bagged orders worth Rs.2,503 crore for transmission, substation and railway construction ... Read more...
Posted in Business |
India, China-like strong trade linkages key to recovery: IMF
June 21st, 2010 - 8:11 pm ICT by IANS
By Arun Kumar
Washington, June 21 (IANS) Citing India and China's faster recoveries thanks to their strong trade linkages, the International Monetary Fund (IMF) has advised other emerging market economies (EMs) to similarly ... Read more...
Posted in Business |
HCC hives off IT division into a separate arm
May 13th, 2010 - 3:07 pm ICT by IANS
Mumbai, May 13 (IANS) Ajit Gulabchand-promoted Hindustan Construction Company (HCC) has hived off its information technology division into a separate arm, Highbar Technologies, to tap the Rs.2,000 crore business in the infrastructure ... Read more...
Posted in Business |
Merger Of UAL And Continental To Constitute The Earth’s Largest Airline
May 4th, 2010 - 7:34 pm ICT by Pen Men At Work
May 4, 2010 (Pen Men at Work): United Airlines has decided to acquire Continental in a humongous $3 billion-plus contract that would generate the globe’s biggest carrier with an unassailable position ... Read more...
Posted in Business |
US to tackle trade barriers to boost exports
February 5th, 2010 - 3:29 am ICT by IANS
Washington, Feb 4 (DPA) The US hopes to boost exports by expanding lending to companies, clamping down on unfair trade practices abroad and taking a hands-on approach to find opportunities for ... Read more...
Posted in Business |
US to pressure China, other countries to open markets: Obama
February 4th, 2010 - 3:12 am ICT by IANS
Washington, Feb 4 (DPA) US President Barack Obama Wednesday said he favoured free "reciprocal" trade and would put pressure on China and other countries to open its domestic markets to competition.
"The ... Read more...
Posted in Business |
Reliance Industries net profit up 14.48 percent (Lead)
January 22nd, 2010 - 3:19 pm ICT by IANS
New Delhi, Jan 22 (IANS) Reliance Industries Ltd (RIL) posted a net profit of Rs.4,008 crore (Rs.40.08 billion/$868 million) in the quarter that ended Dec 31, on the back of higher revenues ... Read more...
Posted in Business |
I am not a fortune teller to predict sugar prices, says Pawar
January 11th, 2010 - 9:20 pm ICT by ANI
New Delhi, Jan.11 (ANI): Union Minister for Agriculture Sharad Pawar on Monday said he cannot predict when soaring prices of sugar would stabilize, as he was not any "fortuneteller"."I am not a ... Read more...
Posted in National |
Incredible India campaign to hit domestic market soon
December 3rd, 2009 - 10:18 pm ICT by IANS
New Delhi, Dec 3 (IANS) The Incredible India campaign, which showcases major holiday destinations and has won international awards, will now be promoted in the domestic market too.
"The Incredible India commercial, which ... Read more...
Posted in Business |
230 prints for LONDON DREAMS internationally
October 27th, 2009 - 9:15 pm ICT by Sampurn Wire
Within four weeks of taking up the international theatrical rights of Vipul A. Shah's keenly awaited LONDON DREAMS, Studio 18 has turned it around with a massive marketing blitzkrieg that includes ... Read more...
Posted in Entertainment |
YSR memorabilia selling like hot cakes in Andhra Pradesh
October 24th, 2009 - 6:54 pm ICT by ANI
Hyderabad, Oct. 24 (ANI): Memorabilia and souvenirs of former Andhra Pradesh Chief Minister YSR Reddy are selling like hotcakes across the state.Reddy, who died in a helicopter crash on September 2, was ... Read more...
Posted in National |
Lamy cautions against protectionism
September 3rd, 2009 - 3:28 pm ICT by IANS
New Delhi, Sep 3 (IANS) Restrictive steps by some countries to protect their domestic markets in the wake of the global economic crisis have hurt international trade that must remain open, ... Read more...
Posted in Business |
Sensex rises up by 289 points in early trade
August 24th, 2009 - 1:41 pm ICT by ANI
Mumbai, Aug 24 (ANI): The Bombay Stock Exchange's benchmark 30 share Sensex rose by 289 points in early trade on Monday, extending its gaining streak for the third session in a ... Read more...
Posted in Business |
Handicraft industry in Rajasthan explores domestic market to beat recession
August 16th, 2009 - 10:08 pm ICT by ANI
Jaipur, Aug 16(ANI): Battered by the economic slowdown, handicraft exporters in Rajasthan now look to the domestic market to survive through the crisis, as it remained largely unaffected by the global meltdown ... Read more...
Posted in Feature |
Hindalco to raise $500 mn, net up 79 percent
July 31st, 2009 - 9:47 pm ICT by IANS
Mumbai, July 31 (IANS) Aluminium maker Hindalco Industries plans to raise $500 million (around Rs.2,400 crore) through issue of securities, including global depository receipts (GDRs), in both international and domestic markets.
"In ... Read more...
Posted in Business |
US presses China on free trade, currency
July 15th, 2009 - 3:32 pm ICT by IANS
Beijing, July 15 (DPA) The US Wednesday urged China to do more to open its economy to free trade and allow greater flexibility in its currency exchange rate.
"If China allowed for greater ... Read more...
Posted in Business |
Ludhiana’s Knitwear industry gears up to be globally competitive
June 2nd, 2009 - 8:06 pm ICT by ANI
By Karan KapoorLudhiana, June 2 (ANI): Despite voices of global downturn and complaints of affected business industries persisting for long, the knitwear industry of Ludhiana is gearing up to adopt measures ... Read more...
Posted in Feature |