economic situation

‘Changes in Myanmar open new opportunities for India’


September 18th, 2012 - 6:45 pm ICT by IANS
Kolkata, S Sep 18 (IANS) Recent changes in Myanmar have created new opportunities for enhancing relations with India, according to an expert."The recent changes in Myanmar have created new opportunities ... Read more...

Posted in South Asia |

Russia prepared for second global crisis: Putin


September 7th, 2012 - 9:03 am ICT by IANS
Moscow, Sep 7 (IANS/RIA Novosti) Russia is better prepared for a second global financial crisis, President Vladimir Putin has said."I believe we are even better prepared because we've already experienced ... Read more...

Posted in World |

South Korean conglomerates see economy worse than 2008


August 22nd, 2012 - 1:17 pm ICT by IANS
Seoul, Aug 22 (IANS) A majority of South Korean conglomerates were seeing current economic conditions worse than those in 2008 when the global financial crisis occurred, a poll showed Wednesday.According ... Read more...

Posted in Business |

BJP leaders meet on economic downturn (Lead)


August 18th, 2012 - 4:03 pm ICT by IANS
New Delhi, Aug 18 (IANS) Organising its act against Congress-led central government, the Bharatiya Janata Party Saturday organised a meeting of its chief ministers and state leaders to asses ... Read more...

Posted in Politics |

BJP chief ministers meet, discuss economy


August 18th, 2012 - 12:30 pm ICT by IANS
New Delhi, Aug 18 (IANS) Bharatiya Janata Party (BJP) chief ministers and key party leaders from all states Saturday met here to discuss economic situation in the country.The meeting, ... Read more...

Posted in Politics |

BJP to hold meeting to review economy


August 17th, 2012 - 10:18 pm ICT by IANS
New Delhi, Aug 17 (IANS) Bharatiya Janata Party chief ministers and key leaders from all states will be meeting in Delhi Saturday to review the economic situation in the ... Read more...

Posted in Politics |

BJP chief ministers, leaders to meet in Delhi


August 16th, 2012 - 6:21 pm ICT by IANS
New Delhi, Aug 16 (IANS) Chief ministers of the states ruled by the BJP, and key party leaders will be meeting here Saturday to discuss the present economic situation ... Read more...

Posted in Politics |

New type of glass to prevent bird crashes


August 12th, 2012 - 5:09 pm ICT by IANS
London, Aug 12 (IANS) A new type of glass inspired by spider web will prevent hundreds of thousands of birds crashing into car windows and dying every year.The high-tech product ... Read more...

Posted in World |

PM in denial on economic situation: BJP


August 11th, 2012 - 5:47 pm ICT by IANS
New Delhi, Aug 11 (IANS) The Bharatiya Janata Party (BJP) Saturday accused Prime Minister Manmohan Singh of living in denial over the country's economic situation.Talking to reporters after the ... Read more...

Posted in Politics |

Government-industry task force to meet next week


August 10th, 2012 - 6:51 pm ICT by IANS
New Delhi, Aug 10 (IANS) A government-industry task force headed by Commerce and Industry Minister Anand Sharma will meet here next week to discuss fall in industrial output and ... Read more...

Posted in Business |

South Korean economic indicators weakening on sagging export


August 7th, 2012 - 1:48 pm ICT by IANS
Seoul, Aug 7 (IANS) South Korea's economic indicators related to production and investment weakened recently due to a reduction in exports, the finance ministry said Tuesday."Our economy saw stable consumer ... Read more...

Posted in Business |

RBI cuts growth forecast to 6.5 percent, warns on inflation


July 30th, 2012 - 8:28 pm ICT by IANS
Mumbai, July 30 (IANS) India's economic growth is likely to fall to 6.5 percent, inflation accelerate and fiscal deficit widen, the Reserve Bank of India said Monday, painting a gloomy ... Read more...

Posted in Uncategorized |

Sensex jumps 304 points ahead of RBI policy review (Lead)


July 30th, 2012 - 6:56 pm ICT by IANS
Mumbai, July 30 (IANS) A benchmark index of Indian equities markets rallied nearly two percent Monday, the biggest gain in almost a month, led by strong buying support in ... Read more...

Posted in Business |

Sensex rallies 250 points ahead of RBI policy review


July 30th, 2012 - 3:25 pm ICT by IANS
Mumbai, July 30 (IANS) A benchmark index of Indian equities markets rallied over 1.5 percent in the afternoon trading Monday, led by strong buying support in interest rate sensitive ... Read more...

Posted in Business |

Inflation, fiscal deficit leave little room for rate cut


July 29th, 2012 - 5:34 pm ICT by IANS
New Delhi, July 29 (IANS) The Reserve Bank of India (RBI) is unlikely to cut interest rates when it reviews the monetary policy Tuesday as a ballooning fiscal deficit, high ... Read more...

Posted in Business |

Government counters BJP’s Time magazine attack on PM


July 9th, 2012 - 7:39 pm ICT by IANS
New Delhi, July 9 (IANS) Reeling under an image crisis, the government Monday stepped up its offensive to counter Time magazine's description of Prime Minister Manmohan Singh as an ... Read more...

Posted in Politics |

US stocks up in holiday-shortened session


July 4th, 2012 - 2:12 am ICT by IANS
New York, July 4 (IANS) US stocks traded higher in a holiday-shortened session Tuesday, as the latest weak data added to speculations that the central bank may take more steps ... Read more...

Posted in Business |

Pakistani PM briefed on economic situation


July 3rd, 2012 - 12:11 pm ICT by IANS
Islamabads, July 3 (IANS) The fiscal year 2011-12 ended with a growth of 3.7 percent, Finance Minister Abdul Hafeez Shaikh told Prime Minister Raja Pervez Ashraf while briefing him on ... Read more...

Posted in South Asia |

Measures to improve market conditions Monday: Pranab (Lead)


June 23rd, 2012 - 6:44 pm ICT by IANS
Kolkata, June 23 (IANS) Finance Minister Pranab Mukherjee Saturday said he was "concerned, not depressed" over signs of weakness in the Indian economy and announced that the central government ... Read more...

Posted in Business |

We will improve market condition: Pranab


June 23rd, 2012 - 4:46 pm ICT by IANS
Kolkata, June 23 (IANS) Finance Minister Pranab Mukherjee Saturday said he was concerned over signs of weakness in the Indian economy and announced that the central government would soon ... Read more...

Posted in Uncategorized |

Pranab ‘deeply honoured’, calls Mamata sister (Lead)


June 15th, 2012 - 10:08 pm ICT by IANS
New Delhi, June 15 (IANS) Union Finance Minister Pranab Mukherjee Friday said he was "deeply honoured" that he had been chosen as a candidate for the president's post and ... Read more...

Posted in Politics |

Obama, Manmohan to work together to boost global economy (Lead)


June 15th, 2012 - 4:20 pm ICT by IANS
Washington, June 15 (IANS) US President Barack Obama and Indian Prime Minister Manmohan Singh have agreed to work together for strengthening the "resilience of the global economy" to deal ... Read more...

Posted in Uncategorized |

Obama, Manmohan to work together to strengthen global economy


June 15th, 2012 - 11:41 am ICT by IANS
Washington, June 15 (IANS) Indian Prime Minister Manmohan Singh and US President Barack Obama have agreed to work together to strengthen the global economy to deal with shocks from ... Read more...

Posted in Business |

BJP slams government over economic situation (Lead)


June 12th, 2012 - 9:21 pm ICT by IANS
New Delhi, June 12 (IANS) The Bharatiya Janata Party (BJP) Tuesday slammed the Congress-led government charging it with "policy paralysis" for the downturn in the economic situation, a day ... Read more...

Posted in Politics |

BJP slams government over economic situation (Lead)


June 12th, 2012 - 9:21 pm ICT by IANS
New Delhi, June 12 (IANS) The Bharatiya Janata Party (BJP) Tuesday slammed the Congress-led government charging it with "policy paralysis" for the downturn in the economic situation, a day ... Read more...

Posted in Politics |

BJP slams government over ‘policy paralysis’


June 12th, 2012 - 7:05 pm ICT by IANS
New Delhi, June 12 (IANS) A day after international rating agency Standard and Poor's warned that India may lose its investment-grade rating due to slowing growth and political roadblocks ... Read more...

Posted in Politics |

CPI-M opposes FDI in multi-brand retail


June 11th, 2012 - 7:16 pm ICT by IANS
New Delhi, June 11 (IANS) The CPI-M Monday came out strongly against opening up the FDI in multi-brand retail as well as upping foreign direct investment (FDI) limits in banking ... Read more...

Posted in Politics |

EU needs fiscal, bank integration: Spanish PM


June 6th, 2012 - 12:06 pm ICT by IANS
Madrid, June 6 (IANS/EFE) The European Union should move toward fiscal and banking integration, said Spanish Prime Minister Mariano Rajoy.Rajoy also said that the EU should make clear that the ... Read more...

Posted in Business |

Rupee will stabilise in around current range: Anand Sharma


June 5th, 2012 - 5:27 pm ICT by IANS
New Delhi, June 5 (IANS) The Indian rupee, which hit a record low of 56.52 against the dollar last week, is likely to stabilise soon at around the current range, ... Read more...

Posted in Business |

Present economic crisis not similar to 1991: Pranab


June 4th, 2012 - 8:00 pm ICT by IANS
New Delhi, June 4 (IANS) Despite a sharp slowdown in economic growth, high inflation and record fall in the value of rupee, Finance Minister Pranab Mukherjee Monday emphasised that ... Read more...

Posted in Business |

Sonia defends PM, for unity in Congress (Lead)


June 4th, 2012 - 3:52 pm ICT by IANS
New Delhi, June 4 (IANS) Congress president Sonia Gandhi Monday defended Prime Minister Manmohan Singh, dubbing the recent attacks on him "unfortunate".At a meeting of the Congress Working Committee ... Read more...

Posted in Politics |

CWC meet begins, economic situation on agenda


June 4th, 2012 - 2:13 pm ICT by IANS
New Delhi, June 4 (IANS) The meeting of the Congress Working Committee (CWC), the apex decision-making body of the ruling party, began here Monday with the country's economic situation ... Read more...

Posted in Politics |

Stimulus package needed to revive economic growth: Adi Godrej


June 1st, 2012 - 7:40 pm ICT by IANS
New Delhi, June 1 (IANS) The Reserve Bank of India should cut key policy rates by at least one percent, and the government needs to come out with stimulus package ... Read more...

Posted in Business |

Be ready for future challenges, Kalam tells IIT graduates


May 25th, 2012 - 7:40 pm ICT by IANS
Guwahati, May 25 (IANS) Former president APJ Abdul Kalam Friday appealed to the graduates of the Indian Institute of Technology Guwahati (IITG) to get themselves ready for future challenges so ... Read more...

Posted in Uncategorized |

BJP raises concern over depreciating rupee


May 16th, 2012 - 8:08 pm ICT by IANS
New Delhi, May 16 (IANS) Bharatiya Janata Party (BJP) leader Murli Manohar Joshi Wednesday raised concerns over the depreciating value of the rupee against the dollar and questioned if ... Read more...

Posted in Politics |

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