UAE seeks stronger relations with Kyrgyzstan
February 11th, 2012 - 1:22 am ICT by IANS
Abu Dhabi, Feb 10 (IANS/WAM) The United Arab Emirates has reiterated its interest in boosting bilateral relations with Kyrgyzstan in all spheres."Relations between the two countries have recently seen significant ... Read more...
Posted in Uncategorized |
Government to rehabilitate families dislocated from Srinagar lakes
February 2nd, 2012 - 11:32 pm ICT by IANS
New Delhi, Feb 2 (IANS) The central government Thursday decided to bear the cost of rehabilitation of around 10,000 families living in and around Srinagar's Dal and Nigeen lakes ... Read more...
Posted in Business |
India discontinues weekly inflation data (Lead)
February 2nd, 2012 - 4:45 pm ICT by IANS
New Delhi, Feb 2 (IANS) The Indian government has discontinued releasing weekly inflation data in a bid to curb the speculative movement in prices of essential commodities, an official statement ... Read more...
Posted in Business |
India discontinues weekly inflation data
February 2nd, 2012 - 3:20 pm ICT by IANS
New Delhi, Feb 2 (IANS) India has discontinued releasing weekly inflation data in a bid to curb speculative movement in prices of essential commodities, official statement said Thursday.Consequent upon the ... Read more...
Posted in Business |
CRR cut will ease liquidity problems, says Pranab
January 24th, 2012 - 7:57 pm ICT by IANS
New Delhi, Jan 24 (IANS) The Reserve Bank of India's (RBI) decision to cut the cash reserve ratio (CRR) by half a percentage point will help ease the liquidity ... Read more...
Posted in Business |
World Bank extends $130 mn loan for North East development
January 20th, 2012 - 5:38 pm ICT by IANS
New Delhi, Jan 20 (IANS) The World Bank Friday extended a $130 million loan to India that will be used to fund rural development programmes in the North East region ... Read more...
Posted in Business |
Indian economy to grow 7.7 percent in 2012: UN
January 17th, 2012 - 4:32 pm ICT by IANS
New Delhi, Jan 17 (IANS) India's gross domestic product (GDP) is expected to grow by 7.7 percent in 2012 and 7.9 percent in the following year as compared to the ... Read more...
Posted in Business |
EU criticizes S&P;’s eurozone countries rating cut
January 14th, 2012 - 4:48 pm ICT by IANS
Brussels, Jan 14 (IANS) European Union's (EU) Economic Affairs Commissioner Olli Rehn has criticized Standard & Poor's for its decision to downgrade credit ratings of nine eurozone countries.The commissioner Friday ... Read more...
Posted in Business |
JPC: Mukherjee had seen, not approved, 2G note, says official
January 12th, 2012 - 9:29 pm ICT by IANS
New Delhi, Jan 12 (IANS) A top official Thursday clarified that Finance Minister Pranab Mukherjee had merely "seen" and not approved a background note questioning P. Chidambaram's role in ... Read more...
Posted in Uncategorized |
Handloom weavers to get Rs.2,362 crore financial help
December 19th, 2011 - 9:23 pm ICT by IANS
New Delhi, Dec 19 (IANS) The government is likely to give Rs.2,362.15 crore as financial help to nearly 15,000 cooperative societies and 3 lakh individuals involved in the handloom weaving ... Read more...
Posted in Business |
World Bank grants $155.3 million loan for Kerala water project
December 16th, 2011 - 5:16 pm ICT by IANS
New Delhi, Dec 16 (IANS) International Development Association (IDA), an arm of the World Bank, has approved a credit grant of $155.3 million (Rs.776.5 crore) to the Kerala government for ... Read more...
Posted in Business |
Cabinet approves National Electricity Fund (Lead)
December 13th, 2011 - 10:36 pm ICT by IANS
New Delhi, Dec 13 (IANS) The cabinet Tuesday approved the creation of a National Electricity Fund (NEF) to provide interest subsidy of Rs.8,466 crore for electricity distribution projects for a ... Read more...
Posted in Business |
Government to provide Rs.8,466 crore subsidy on electricity loan
December 13th, 2011 - 9:50 pm ICT by IANS
New Delhi, Dec 13 (IANS) The federal cabinet Tuesday approved setting up a national electricity fund to provide interest subsidy amounting to Rs.8,466 crore aimed at improving the power ... Read more...
Posted in Business |
UAE holds talks with Tunisia, Belarus
November 29th, 2011 - 12:04 am ICT by IANS
Abu Dhabi, Nov 28 (IANS/WAM) The ambassadors of Tunisia and Belarus to the United Arab Emirates have met the UAE's assistant foreign minister for economic affairs and discussed bilateral issues.Khalid ... Read more...
Posted in Uncategorized |
50 indicted in Iran’s biggest ever banking scam
November 28th, 2011 - 5:52 pm ICT by BNO News
TEHRAN (BNO NEWS) -- Iranian prosecutors have indicted 50 people in connection with the largest bank fraud in the country's history, officials said on Monday. Dozens more are still being investigated and ... Read more...
Posted in World News |
FC Barcelona president Rosell to visit China
November 22nd, 2011 - 4:13 pm ICT by IANS
Madrid, Nov 22 (IANS) FC Barcelona president Sandro Rosell will lead a club delegation to China in a bid to strengthen "institutional and commercial" links between the club and the ... Read more...
Posted in Uncategorized |
Pakistan allows more imports from India
November 21st, 2011 - 7:48 pm ICT by IANS
Islamabad, Nov 21 (IANS) Pakistan has removed import restrictions on 12 more items from India, officials said.The goods included machinery as well as raw materials for leather and textile ... Read more...
Posted in South Asia |
Government gives nod for jute packaging
November 16th, 2011 - 10:28 pm ICT by IANS
New Delhi, Nov 16 (IANS) Bringing relief to over 3.7 lakh workers of jute mills and ancillary units, the government Wednesday approved the mandatory use of jute in packaging of ... Read more...
Posted in Business |
Go ahead for mandatory use of jute in packaging food grains
November 16th, 2011 - 9:58 pm ICT by IANS
New Delhi, Nov 16 (IANS) Bringing relief to over 3.7 lakh workers who earn their living by working in jute mills and ancillary units, the government Wednesday approved mandatory use ... Read more...
Posted in Business |
Rural poverty alleviation project for northeast approved
November 16th, 2011 - 7:46 pm ICT by IANS
New Delhi, Nov 16 (IANS) The government Wednesday approved a Rs.683 crore project to improve the living standards of rural areas in four northeastern states -- Mizoram, Nagaland, Sikkim ... Read more...
Posted in Business |
Assam gas project cost rises to Rs.8,920 crore
November 16th, 2011 - 5:12 pm ICT by IANS
New Delhi, Nov 16 (IANS) The government Wednesday revised upward the cost estimate of the Assam Gas Cracker project to Rs.8,920 crore from the earlier Rs.5,460.61 crore due to ... Read more...
Posted in Uncategorized |
2G note: Pranab meets PM, Sonia
November 2nd, 2011 - 12:23 am ICT by IANS
New Delhi, Nov 1 (IANS) Finance Minister Pranab Mukherjee Tuesday met Prime Minister Manmohan Singh and Congress president Sonia Gandhi following revelations that his ministry's Match note on 2G ... Read more...
Posted in Politics |
World Bank offers India $975 mn loan for freight corridor
October 27th, 2011 - 8:30 pm ICT by IANS
New Delhi, Oct 27 (IANS) The World Bank has offered India a $975 million loan for developing a freight corridor that will help improve the movement of raw materials and ... Read more...
Posted in Business |
31 held in Iran for embezzlement
October 26th, 2011 - 9:03 am ICT by IANS
Tehran, Oct 26 (IANS) At least 31 people have been arrested and another 67 questioned for alleged involvement in a $2.6 billion embezzlement case in Iran, a top official has ... Read more...
Posted in World |
India, ADB mark 25 years of partnership
October 11th, 2011 - 5:09 pm ICT by IANS
New Delhi, Oct 11 (IANS) India and the Asian Development Bank (ADB) will next week mark 25 years of partnership and discuss ways to keep up the momentum of ... Read more...
Posted in Business |
Explain differences between ministers on 2G, BJP demands
October 3rd, 2011 - 9:09 pm ICT by IANS
New Delhi, Oct 3 (IANS) The Bharatiya Janata Party (BJP) Monday reiterated its demand to sack union Home Minister P. Chidambaram in the 2G spectrum scam, and sought to ... Read more...
Posted in Uncategorized |
Mega investment in Madhya Pradesh copper mine approved
September 30th, 2011 - 6:52 pm ICT by IANS
New Delhi, Sep 30 (IANS) The government Friday approved an investment of Rs.1,856.36 crore to develop an underground copper ore mine in Malanjkhand area of Madhya Pradesh."The cabinet committee on ... Read more...
Posted in Business |
2G case: Swamy gives apex court proof on Chidambaram’s role (Lead)
September 21st, 2011 - 11:06 pm ICT by IANS
New Delhi, Sep 21 (IANS) Janata Party president Subramanian Swamy Wednesday submitted to the Supreme Court documents indicating that Home Minister P. Chidambaram, as the then finance minister, ... Read more...
Posted in Politics |
Hindustan Copper not to raise fresh equity through FPO
September 20th, 2011 - 11:58 pm ICT by IANS
Kolkata, Sep 20 (IANS) Copper mining major Hindustan Copper (HCL) Tuesday said it does not require fresh equity through the proposed follow-on-public offer (FPO) to support its mining expansion plans."The ... Read more...
Posted in Uncategorized |
Finnish business delegation to visit India October
September 20th, 2011 - 8:49 pm ICT by IANS
Chennai, Sep 20 (IANS) Finland's Minister for Economic Affairs Jyri Hakamies will lead a 60 member delegation to India next month to concide with the inauguration of the Finnish Innovation ... Read more...
Posted in Business |
Rs.40,000 crore disinvestment target will be met: Official
September 13th, 2011 - 9:49 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government will be able to meet the targeted Rs.40,000 crore through divesting its stake in public sector undertakings during the current financial year, ... Read more...
Posted in Business |
IIFCL’s role to be expanded
September 13th, 2011 - 9:37 pm ICT by IANS
New Delhi, Sep 13 (IANS) The role of India Infrastructure Finance Company Ltd (IIFCL) will be expanded in terms of take-out financing and credit enhancement to help attract $1 trillion ... Read more...
Posted in Business |
India’s external debt rises to $305.9 bn
September 9th, 2011 - 9:30 pm ICT by IANS
New Delhi, Sep 9 (IANS) India's external debt rose to $305.9 billion by end-March 2011, registering a gain of $44.9 billion or 17.2 percent during the 2010-11 fiscal due to ... Read more...
Posted in Business |
Libyan rebels to negotiate with Russia on economic issues
September 5th, 2011 - 9:09 am ICT by IANS
Moscow, Sep 5 (IANS/RIA Novosti) Libya's rebel National Transitional Council (NTC) is ready to send its representatives to Moscow to hold talks with Russia on economic issues, Russia's foreign minister ... Read more...
Posted in Politics |
US lauds UAE troops’ mission in Afghanistan
September 5th, 2011 - 12:13 am ICT by IANS
Kabul, Sep 4 (IANS/WAM) The US has praised the humanitarian mission being carried out by the UAE's troops in Afghanistan.Richard Olson, the coordinating director for development and ... Read more...
Posted in Uncategorized |
