economic slowdown

FDI reform lifted mood in aviation industry: Ajit Singh


September 21st, 2012 - 5:40 pm ICT by IANS
New Delhi, Sep 21 (IANS) Civil Aviation Minister Ajit Singh Friday said the government's open-sky policy for foreign investment in domestic airlines has positively affected sentiments in the aviation industry, ... Read more...

Posted in Business |

12th Plan growth projection lowered to 8.2 percent


September 14th, 2012 - 5:31 pm ICT by IANS
New Delhi, Sep 14 (IANS) The Planning Commission has lowered its estimate of annual average economic growth rate for the 12th Plan period (2012-13 to 2017-18) to 8.2 percent, from ... Read more...

Posted in Business |

Bike sales in August down first time in three years


September 10th, 2012 - 3:30 pm ICT by IANS
New Delhi, Sep 10 (IANS) Motorcycle sales in India shrunk for the first time since 2009, data furnished Monday by the Society of Indian Automobile Manufacturers (SIAM) showed.India, which is ... Read more...

Posted in Business |

Thousands of Argentines turn up to hear Indian guru


September 6th, 2012 - 8:31 pm ICT by IANS
Cordoba (Argentina), Sep 6 (IANS) Over 16,000 people braved a chilly and rainy Wednesday in this South American nation to listen to Indian spiritual guru Sri Sri Ravi Shankar on ... Read more...

Posted in Health Science |

Hero MotoCorp expects sales to pick up in festive season


September 5th, 2012 - 5:54 pm ICT by IANS
New Delhi, Sep 5 (IANS) Hero MotoCorp Wednesday said it expects motorcycles sales to grow during the festive season after two straight months of fall in demand in line with ... Read more...

Posted in Business |

Weak demand dampens business confidence: FICCI


September 2nd, 2012 - 5:35 pm ICT by IANS
New Delhi, Sep 2 (IANS) Weak demand and slow economic growth has dampened business confidence in India, according to a survey conducted by the Federation of Indian Chambers of Commerce ... Read more...

Posted in Uncategorized |

Key bills pile up as BJP stalls parliament


August 26th, 2012 - 6:25 pm ICT by IANS
New Delhi, Aug 26 (IANS) Key bills on internal security, farmers, price rise and economic slowdown are on the backburner as parliament remains stalled over the BJP's demand for ... Read more...

Posted in Politics |

China’s slowdown hurts corporate profits


August 19th, 2012 - 2:18 pm ICT by IANS
Beijing, Aug 19 (IANS) China's economic slowdown has impacted corporate profits as profit growth in the country's listed companies largely contracted in the first half of the year, China Daily ... Read more...

Posted in World |

PM making excuses for governance deficit, says BJP (Second Lead)


August 18th, 2012 - 7:32 pm ICT by IANS
New Delhi, Aug 18 (IANS) The Bharatiya Janata Party (BJP) Saturday accused Prime Minister Manmohan Singh of making an excuse of "lack of political consensus" for "governance deficit" of ... Read more...

Posted in Politics |

China expects S100 bn trade volume with India by 2015


August 17th, 2012 - 10:27 pm ICT by IANS
Kolkata, Aug 17 (IANS) Despite a fall in the volume of India-China bilateral trade for the first half of the current year, China remained upbeat over trade prospects with India ... Read more...

Posted in Business |

BHEL upbeat about overseas market


August 11th, 2012 - 3:59 pm ICT by IANS
Tiruchirapalli, Aug 11 (IANS) Power equipment major Bharat Heavy Electricals Ltd (BHEL) continues to be upbeat about its overseas business and does not see any slump due to the economic ... 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 |

‘Smart cities way forward to housing for all’


August 4th, 2012 - 12:41 am ICT by IANS
Bangalore, Aug 3 (IANS) With increasing migration to urban areas from villages and towns in pursuit of education, jobs and better living, realtors should build smart cities for housing all ... Read more...

Posted in Business |

China’s software industry slows


July 30th, 2012 - 4:30 pm ICT by IANS
Beijing, July 30 (IANS) China's software industry grew at a slower pace in the first half of the year amid the economic slowdown both at home and abroad, China Daily ... Read more...

Posted in Sci-Tech |

US consumer confidence slips


July 28th, 2012 - 1:26 pm ICT by IANS
Washington, July 28 (IANS) The US consumer confidence continued to decline in July after hitting a 4.5-year high in May, as the job growth is slowing and food prices are ... Read more...

Posted in Business |

China’s urban unemployment rate reaches 4.1 percent


July 25th, 2012 - 1:29 pm ICT by IANS
Beijing, July 25 (IANS) China's urban registered unemployment rate stood at 4.1 percent at the end of June, authorities said Wednesday.The rate remained unchanged from the first quarter of 2012, ... Read more...

Posted in Business |

Chinese premier warns of `complicated, grim’ job situation


July 23rd, 2012 - 1:11 pm ICT by IANS
Beijing, July 23 (IANS) Premier Wen Jiabao has warned of new employment pressures amid China's economic slowdown, saying the country will face a more complicated and more severe situation in ... Read more...

Posted in Business |

South Korea’s trade surplus reduces


July 16th, 2012 - 2:50 pm ICT by IANS
Seoul, July 16 (IANS) South Korea's trade surplus reduced to $10.7 billion in the first half of this year compared with a year earlier due to sluggish exports amid external ... Read more...

Posted in Uncategorized |

Affordable housing hit badly in real estate slump (Comment)


July 15th, 2012 - 3:04 pm ICT by IANS
Amid economic slowdown, the drastic fall in home absorption rates this year is a matter of serious concern. The high property and home loan rates have taken the toll of sales, ... Read more...

Posted in Business |

India-EU free trade deal by end 2012: German envoy


July 14th, 2012 - 7:49 pm ICT by IANS
New Delhi, July 14 (IANS) Germany expects India to conclude its free trade agreement (FTA) with the European Union by the end of 2012, despite the economic gloom the ... Read more...

Posted in Business |

Keste to expand India operations with $2.5 mn investment


July 12th, 2012 - 6:19 pm ICT by IANS
Hyderabad, July 12 (IANS) Keste, the US-based Oracle software solutions and development company, plans to expand its India operations with an investment of $2.5 million.The company, which has its Indian ... Read more...

Posted in Business |

Sajjan Jindal’s Bengal steel project to start soon


July 11th, 2012 - 8:04 pm ICT by IANS
Kolkata, July 11 (IANS) The West Bengal government and JSW Bengal Steel have resolved their differences and will sign an agreement for the Rs.350 billion integrated steel plant at Salboni ... Read more...

Posted in Uncategorized |

Art auction market witnessing new generation of buyers (With Images)


July 11th, 2012 - 4:36 pm ICT by IANS
New Delhi, July 11 (IANS) A curious dichotomy has gripped the art auction market with a sudden boom in sales at record prices even as economies in Europe, the US ... Read more...

Posted in Life Style |

PM as FM: revisiting 1991?


June 30th, 2012 - 2:34 pm ICT by IANS
Till now, the end run of the Manmohan Singh government's present tenure hasn't quite followed the scenario envisaged at its start in 2009. Instead of pushing ahead with reforms in ... Read more...

Posted in Politics |

Country facing economic emergency: BJP


June 27th, 2012 - 12:15 am ICT by IANS
New Delhi, June 26 (IANS) Asserting that the country was facing an "economic emergency", the BJP Tuesday said that the government is trying to protect the business interests of ... Read more...

Posted in Politics |

Fiat sales take a hit in Europe


June 16th, 2012 - 3:34 pm ICT by IANS
Rome, June 16 (IANS/AKI) Fiat's sales in Europe have plummeted over the weak economy and a saturated market demand for vehicles from Italy's biggest carmaker.Sales fell 12.1 percent compared to ... Read more...

Posted in Business |

China home appliance industry loses steam


June 11th, 2012 - 9:19 pm ICT by IANS
Beijing, June 11 (IANS) China's home appliance sales growth nearly came to a halt in May, stoking concerns about an economic downturn, a media report said Monday.Sales last month totalled ... Read more...

Posted in Business |

European situation threat to US economic recovery: Obama


June 9th, 2012 - 9:53 am ICT by IANS
Washington, June 9 (IANS) The simmering eurozone debt crisis posed a big threat to the US economic recovery, with the region facing the risk of a renewed recession, ... Read more...

Posted in Business |

China cuts interest rates


June 8th, 2012 - 4:24 pm ICT by IANS
Beijing, June 8 (IANS) China's central bank has cut interest rates by 25 basis points to prevent the economy from slowing further.The benchmark one-year lending rate will drop to 6.31 ... Read more...

Posted in Business |

China to boost strategic industries


May 30th, 2012 - 9:04 pm ICT by IANS
Beijing, May 30 (IANS) In a bid to combat the economic slowdown, Chinese government will encourage development of seven emerging strategic industries, it was declared in a guideline Wednesday."It is ... Read more...

Posted in World |

India provides $27 mn for agro-processing plants in Ghana


May 25th, 2012 - 1:05 pm ICT by IANS
Accra, May 25 (IANS) India is to provide $27 million for establishing two agro-processing plants for sugarcane and tomatoes in eastern Ghana, Indian High Commissioner Rajinder Bhagat has said.Bhagat, during ... Read more...

Posted in Business |

Mukherjee hints at austerity as rupee dips to record low (Roundup)


May 16th, 2012 - 8:50 pm ICT by IANS
New Delhi, May 16 (IANS) The government is planning to introduce some austerity to aid fiscal consolidation, Finance Minister Pranab Mukherjee said Wednesday as the rupee slumped to a ... Read more...

Posted in Business |

Slowdown a concern, but India’s growth story intact: Pranab


May 16th, 2012 - 6:02 pm ICT by IANS
New Delhi, May 16 (IANS) Blaming the eurozone crisis for the economic slowdown and the sharp drop in the stock markets, Finance Minister Pranab Mukherjee Wednesday said India's growth ... Read more...

Posted in Business |

IOB targets 20 percent business growth in 2012-13


May 5th, 2012 - 10:07 pm ICT by IANS
Chennai, May 5 (IANS) The government-owned Indian Overseas Bank (IOB) hopes to log 20 percent growth in its total business (deposits plus advances) this fiscal while hoping to rein its ... Read more...

Posted in Business |

South Korea’s industrial output growth plunges


April 30th, 2012 - 1:53 pm ICT by IANS
Seoul, April 30 (IANS) South Korea's industrial output growth plunged last month due to weak demand at home and abroad caused by high oil prices and economic slowdown in China, ... Read more...

Posted in Business |

« Previous Entries

Subscribe