BRICS summit to focus on fixing global recession: India
January 31st, 2012 - 8:58 pm ICT by IANS
New Delhi, Jan 31 (IANS) Ahead of the fourth BRICS summit of the five emerging powers, India Tuesday said the reform of the global governance institutions and ways to fix ... Read more...
Posted in Uncategorized |
India won’t reduce oil imports from Iran: Mukherjee
January 30th, 2012 - 5:21 pm ICT by IANS
Chicago, Jan 30 (IANS) India cannot do without Iranian oil and will not be cutting imports from that country despite the new US and European sanctions to punish Tehran ... Read more...
Posted in Business |
India ranks lowly 125th in meeting environmental challenges
January 28th, 2012 - 9:11 pm ICT by IANS
Washington, Jan 28 (IANS) India ranks a lowly 125th in addressing pollution control and natural resource management challenges with Switzerland taking the top spot, according to the 2012 Environmental Performance ... Read more...
Posted in World |
Damien Hirst logs on to India with affordable prints (With Image)
January 28th, 2012 - 3:35 pm ICT by IANS
New Delhi, Jan 28 (IANS) British contemporary artist Damien Hirst, a cult name in new art, has jumped the price barrier to reach out to the masses with prints of ... Read more...
Posted in Life Style |
`European growth model works but needs modifications’
January 25th, 2012 - 3:35 pm ICT by IANS
Brussels, Jan 25 (IANS) The European growth model based on trade and finance has brought about prosperity but also needs modifications, a World Bank official said Tuesday."Europe has to make ... Read more...
Posted in Business |
Obama woos Indian, Chinese tourists
January 22nd, 2012 - 12:59 pm ICT by IANS
Washington, Jan 22 (IANS) Now its US President Barack Obama himself who is wooing high-spending Indian and Chinese tourists and has issued an executive order to make it easier ... Read more...
Posted in Life Style |
Obama woos Indian tourists
January 22nd, 2012 - 3:05 am ICT by IANS
Washington, Jan 21 (IANS) Wooing the increasingly affluent Indian tourists, President Barack Obama has issued an Executive Order to make it easier for travellers from emerging economies to get ... Read more...
Posted in Politics |
World Bank lowers global economic growth rate
January 18th, 2012 - 6:06 pm ICT by IANS
Washington, Jan 18 (IANS) The World Bank Tuesday lowered its global economic growth rate forecast to 2.5 percent in 2012 from its previous estimate of 3.6 percent, amid risks triggered ... Read more...
Posted in Business |
World Bank sharply lowers global economic growth rate (Lead)
January 18th, 2012 - 6:05 pm ICT by IANS
Washington, Jan 18 (IANS) The World Bank Tuesday sharply lowered its global economic growth rate forecast to 2.5 percent in 2012 from its previous estimate of 3.6 percent, amid risks ... Read more...
Posted in Business |
BRIC should come together to form a global fund: Stiglitz
January 14th, 2012 - 9:04 pm ICT by IANS
Kolkata, Jan 14 (IANS) Nobel laureate economist Joseph Stiglitz feels the rising BRIC economies should come together and form a global fund for more accessibility of the developing nations."I am ... Read more...
Posted in Business |
India, EU to discuss agenda for summit
January 13th, 2012 - 6:02 pm ICT by IANS
New Delhi, Jan 13 (IANS) Ahead of India's summit with the European Union next month, EU's chief diplomat Catherine Ashton comes here Sunday on a four-day visit during which the ... Read more...
Posted in Uncategorized |
Year of steep losses, volatility for Indian equities (2011 in retrospect)
December 31st, 2011 - 6:45 pm ICT by IANS
Mumbai, Dec 31 (IANS) Indian equity markets, a favourite among foreign investors just a year ago, presented one of the worst performances among emerging economies during 2011, resulting in ... Read more...
Posted in Business |
Indian economy hit by high inflation, slowing growth (2011 in Retrospect)
December 28th, 2011 - 3:40 pm ICT by IANS
New Delhi, Dec 28 (IANS) Even though India performed better than most emerging economies despite the global economic slowdown and the Eurozone crisis, 2011 for it was largely marked ... Read more...
Posted in Business |
India gears up to host BRICS summit in March
December 23rd, 2011 - 5:43 pm ICT by IANS
New Delhi, Dec 23 (IANS) India has kicked off preparations to host leaders of the five-nation BRICS (Brazil, Russia, India, China and South Africa) grouping in March with a ... Read more...
Posted in Uncategorized |
Japan’s exports fall in November
December 21st, 2011 - 2:28 pm ICT by IANS
Tokyo, Dec 21 (IANS) Japan's exports fell 4.5 percent in November from a year earlier, marking the second straight month of decline, the ministry of finance said in a preliminary ... Read more...
Posted in Uncategorized |
Inflation still at ‘unacceptable’ level: Pranab
December 15th, 2011 - 4:16 pm ICT by IANS
New Delhi, Dec 15 (IANS) Despite the recent decline, inflation still remain high at an "unacceptable" level but the government has very limited tools to curb it, Finance Minister ... Read more...
Posted in Business |
Binding climate pact can slow down emerging economies: India
December 15th, 2011 - 3:30 pm ICT by IANS
New Delhi, Dec 15 (IANS) Pushing for reforms of global institutions of governance, India has expressed apprehension that a legally binding agreement on greenhouse gas emissions, as agreed at Durban, ... Read more...
Posted in Environment |
BRICS source of stability in time of recession: PM
December 15th, 2011 - 3:29 pm ICT by IANS
New Delhi, Dec 15 (IANS) Ahead of the BRICS (Brazil, Russia, India, China and South Africa) summit New Delhi will host next year, Prime Minister Manmohan Singh has said ... Read more...
Posted in Business |
At Durban, Kyoto Protocol gets extension
December 11th, 2011 - 6:17 pm ICT by IANS
Durban, Dec 11 (IANS) Despite efforts by rich countries to junk the Kyoto Protocol after 2012, when its first term ends, the poor counties had their say at the UN ... Read more...
Posted in Uncategorized |
China’s foreign trade growth slows in November
December 11th, 2011 - 3:22 am ICT by IANS
Beijing, Dec 11 (IANS) China's foreign trade rose by 17.6 percent year-on-year to $334.4 billion in November, compared with 21.6 percent in October, amid weak external demand and a slowing ... Read more...
Posted in Business |
Another global slowdown a possibility: Mukherjee
December 9th, 2011 - 4:25 pm ICT by IANS
New Delhi, Dec 9 (IANS) Finance Minister Pranab Mukherjee Friday said another global slowdown was now a possibility as international economies suffer from rising inflation and fuel cost."Another global ... Read more...
Posted in Business |
South Korean automakers’ exports to slow down in 2012
December 8th, 2011 - 2:01 pm ICT by IANS
Seoul, Dec 8 (IANS) Output and exports of automobiles manufactured by South Korean automakers are expected to grow at a slower pace in 2012 than this year due to global ... Read more...
Posted in Business |
US rejects any legal emissions cuts
December 5th, 2011 - 9:12 pm ICT by IANS
Durban, Dec 5 (IANS) The US, the second largest emitter in the world, Monday rejected a legally binding emissions cut, saying it would not like to commit to anything when ... Read more...
Posted in World |
Invoking Gandhi to make Durban talks deliver
December 5th, 2011 - 8:01 pm ICT by IANS
Durban, Dec 5 (IANS) As negotiations at the UN climate change talks headed for a deadlock, Bangladesh Monday appealed to delegates that the Durban conference cannot fail as this is ... Read more...
Posted in Environment |
Global carbon emissions up 50 percent
December 5th, 2011 - 2:24 pm ICT by IANS
London, Dec 5 (IANS) Global carbon dioxide emissions from burning fossil fuels have gone up by 49 percent over the last two decades to reach a staggering 10 billion tonnes ... Read more...
Posted in World |
Durban climate negotiations to heat up in second week
December 4th, 2011 - 4:28 pm ICT by IANS
New Delhi, Dec 4 (IANS) As the divide between the rich and poor nations remained wide open during the first week of the climate change negotiations at Durban, all eyes ... Read more...
Posted in Environment |
India fights pressure from rich nations at climate talks
December 2nd, 2011 - 8:23 pm ICT by IANS
Durban, Dec 2 (IANS) Emerging economies, especially India and China, came under renewed pressure from rich nations Friday to make a legally binding commitment to reduce greenhouse gas (GHG) emissions, ... Read more...
Posted in World |
South Korea’s foreign reserves shrink to $308 bn
December 2nd, 2011 - 3:55 pm ICT by IANS
Seoul, Dec 2 (IANS) South Korea's foreign reserves contracted to $308.63 billion last month due to a reduction in conversion value of non-dollar denominated assets, the central bank said Friday.Foreign ... Read more...
Posted in Business |
Brazilian president meets IMF head on euro crisis
December 2nd, 2011 - 3:47 pm ICT by IANS
Rio De Janeiro, Dec 2 (IANS) Brazilian President Dilma Rousseff met International Monetary Fund (IMF) chief Christine Lagarde Thursday to discuss the ongoing eurozone debt crisis and its effects on ... Read more...
Posted in Business |
Mexico to auction dollars to prop up peso
December 1st, 2011 - 12:24 pm ICT by IANS
Mexico City, Dec 1 (IANS/EFE) Mexico's currency exchange commission announced forceful action to bolster the peso, saying the central bank will auction $400 million of its reserves on days the ... Read more...
Posted in Business |
Climate summit looks at weak deal
November 30th, 2011 - 10:14 pm ICT by IANS
Durban, Nov 30 (IANS) The annual climate summit got into stride here Wednesday, with bureaucrats from 192 countries making some progress over the vexed issue of transferring green technologies to ... Read more...
Posted in Environment |
China readies big climate offer, India mulls support
November 29th, 2011 - 6:13 pm ICT by IANS
Durban, Nov 29 (IANS) China is ready to offer legally binding commitments to limit its emission of greenhouse gases (GHG). If the offer, to come into effect after 2020, is ... Read more...
Posted in Environment |
Companies deferring public issue in bearish markets
November 28th, 2011 - 5:04 pm ICT by IANS
Mumbai, Nov 28 (IANS) With Indian equities markets expected to end the year as one of the worst faring bourses among emerging economies, companies proposing to raise funds through ... Read more...
Posted in Business |
IT spending in India to grow 9 percent by 2012 at $79.8 bn
November 21st, 2011 - 6:45 pm ICT by IANS
New Delhi, Nov 21 (IANS) Despite global economic challenges, enterprises will continue to invest in Information Technology (IT) with IT spending in India projected to grow 9.1 percent at $79.8 ... Read more...
Posted in Sci-Tech |
Shun competitive politics at Durban, Natarajan urges rich nations
November 17th, 2011 - 9:49 pm ICT by IANS
New Delhi, Nov 17 (IANS) Sending a strong message to the developed countries, Indian Environment Minister Jayanthi Natarajan Thursday said rich countries should not get involved in competitive politics ... Read more...
Posted in Environment |
