export revenues

Azerbaijan buys 10 tonnes of gold


September 19th, 2012 - 1:16 pm ICT by IANS
Baku, Sep 19 (IANS) The Azerbaijan State Oil Fund has bought 10 tonnes of gold to increase the diversification and profitability of its investment portfolio, the Fund's CEO Shakhmar Movsumov ... Read more...

Posted in Business |

Russia lowers 2012 budget deficit forecast


April 22nd, 2012 - 5:05 pm ICT by IANS
Washington, April 22 (IANS/RIA Novosti) Russia's state budget deficit forecast for 2012 has been lowered to 0.3 percent of GDP from an earlier estimated 1.5 percent of GDP, and a ... Read more...

Posted in Business |

Philippine GDP growth slows in 2011


January 30th, 2012 - 1:27 pm ICT by IANS
Manila, Jan 30 (IANS) The Philippine economy slowed to 3.7 percent in 2011, dragged down by lower government spending, declining exports and slack farm growth."Amidst the obstinate exogenous economic woes, ... Read more...

Posted in Business |

Mexico to hire attractive women to police ocean resorts


June 29th, 2011 - 1:43 pm ICT by IANS
Mexico City, June 29 (IANS/RIA Novosti) Authorities in the Mexican state of Guerrero, known for its popular ocean resorts, will hire attractive, model-type young women to serve in local tourist ... Read more...

Posted in Uncategorized |

Infosys wants RBI to halt huge inflows to check volatility


October 15th, 2010 - 6:29 pm ICT by IANS
Bangalore, Oct 15 (IANS) With an appreciating rupee impacting its margins, IT bellwether Infosys Technologies Friday sought the intervention of the Reserve Bank of India (RBI) to regulate speculative inflows to check ... Read more...

Posted in Business |

Shree Ganesh Jewellery expects $1 billion turnover in 2010-11


July 26th, 2010 - 7:54 pm ICT by IANS
Kolkata, July 26 (IANS) City-based hand-crafted jewellery maker Shree Ganesh Jewellery House expects to clock a turnover of $1 billion in 2010-11, a top company official said here Monday. "The current quarter is ... Read more...

Posted in Business |

Indian IT exports to touch $50-billion despite meltdown


February 4th, 2010 - 8:15 pm ICT by IANS
Bangalore, Feb 4 (IANS) The resilient Indian information technology (IT) and business process outsourcing (BPO) industry will earn $50 billion (Rs.231 billion/Rs.23,100 crore) in exports by end of this fiscal, posting 5.5 ... Read more...

Posted in Business |

Mexico’s economy contracts 6.2 percent in third quarter


November 22nd, 2009 - 1:38 pm ICT by IANS
Mexico City, Nov 22 (EFE) Mexico's gross domestic product fell by 6.2 percent in the third quarter relative to the same period of 2008, beating analysts' expectations, authorities said. Inegi statistics institute said ... Read more...

Posted in Business |

Bangkok international airport shifts `demons’


November 10th, 2009 - 11:31 am ICT by IANS
Bangkok, Nov 10 (DPA) Bangkok's Suvarnabhumi International Airport is shifting 12 six-metre tall "demon" statues from arrivals to the check-in section of the terminal after running into a string of bad luck, ... Read more...

Posted in Business |

Mexico’s oil output falls in 2009


October 25th, 2009 - 3:41 pm ICT by IANS
Mexico City, Oct 25 (EFE) Oil output in Mexico has continued to decline in 2009, coming in at an average of 2.6 million barrels per day (bpd) for the first nine months ... Read more...

Posted in Business |

Plantation labour law amendment bill in Parliament: official (Lead)


September 15th, 2009 - 9:03 pm ICT by IANS
By Fakir Balaji Coonoor (Tamil Nadu), Sep 15 (IANS) A bill to amend the Plantation Labour Act, 1951 has been introduced in Parliament, a senior official said Tuesday."The proposed amendments relate to ... Read more...

Posted in Business |

Karnataka logs $17-bn software exports despite meltdown


September 1st, 2009 - 5:11 pm ICT by IANS
Bangalore, Sep 1 (IANS) Defying the global meltdown, Karnataka earned $17 billion (Rs.74,929 crore) from software exports last fiscal (2008-09) as against Rs.60,800 crore the previous year, registering a 23 percent growth ... Read more...

Posted in Business |

TVS Motor expects to top 12 percent growth


August 26th, 2009 - 8:14 pm ICT by IANS
Hosur (Tamil Nadu), Aug 26 (IANS) Riding on new launches, the country's third largest two-wheeler manufacturer TVS Motor is looking at growing more than 12 percent this fiscal despite the economic slowdown. "Two ... Read more...

Posted in Business |

India’s IT, outsourcing revenues seen at $63 bn this fiscal


July 29th, 2009 - 7:37 pm ICT by IANS
New Delhi, July 29 (IANS) India's information technology and outsourcing industry is expected to grow over 7 percent this fiscal to log revenues of $64 billion with much faster expansion within the ... Read more...

Posted in Business |

Ethiopia faces $1-bn shortfall in export revenues


May 31st, 2009 - 1:02 pm ICT by IANS
By Groum Abate Addis Ababa, May 31 (IANS) Ethiopia's export revenues are expected to fall short of the target by more than $1 billion this year, bucking the positive trends of the past ... Read more...

Posted in World |

Seafood exports till February-end better than expected


May 30th, 2009 - 3:41 pm ICT by IANS
Kochi, May 30 (IANS) Seafood exports in 2008-09 till February-end have grown close to 8 percent in volume and about 10 percent in rupee terms as compared to the corresponding period the ... Read more...

Posted in Business |

Indian IT exports projected to grow in single digit


May 6th, 2009 - 7:21 pm ICT by IANS
Bangalore, May 6 (IANS) The Indian IT industry is set to witness a single-digit growth in software and services exports in 2009-10 because of global recession and lower technology spending in the ... Read more...

Posted in Business |

Cipla India rejection of deal may scupper local takeover


April 21st, 2009 - 1:47 pm ICT by IANS
By Fakir Hassen Johannesburg, April 21 (IANS) A threat by Cipla India to end a 20-year supply deal with Cipla Medpro South Africa (CMSA) may scupper a takeover bid by Adcock Ingram, analysts ... Read more...

Posted in World |

Thai hit men attack leader of last year’s street protests


April 17th, 2009 - 2:12 pm ICT by IANS
Bangkok, April 17 (DPA) Gunmen early Friday attacked Sondhi Limthongkul, one of the core leaders of last year's mass protests that shut down Bangkok's two main airports, riddling his car with ... Read more...

Posted in Politics |

Nasscom pegs revenues of Indian software industry at $60 bn (Lead)


February 4th, 2009 - 3:18 pm ICT by IANS
New Delhi, Feb 4 (IANS) The Indian software and services industry is expected to grow 16 percent this fiscal and log revenues of $60 billion despite the global slowdown, a top lobby ... Read more...

Posted in Business |

Tirupur exporters pinching garment orders from the Chinese


November 9th, 2008 - 1:16 pm ICT by IANS
Tirupur (Tamil Nadu), Nov 9 (IANS) After praying for a Barack Obama win and getting it, there is additional cheer in this knitwear exporting town. Some of the exporters here are pinching ... Read more...

Posted in Sports |

Entire town in south India praying for Obama win


November 4th, 2008 - 1:07 pm ICT by IANS
Tirupur (Tamil Nadu), Nov 4 (IANS) If politics makes strange bedfellows, economics can make even stranger. Even as Barack Obama and John McCain slug it out in the US presidential election, the ... Read more...

Posted in Business |

Meltdown blues reduce techies’ marriage market value


November 2nd, 2008 - 11:32 am ICT by IANS
Thiruvananthapuram, Nov 2 (IANS) Farmer O.P. Kurien, whose income has for ages depended on the fluctuating prices of farm produce, had just begun to look for a well-settled techie groom for his ... Read more...

Posted in Entertainment |

Seafood exports drop following dip in production


August 12th, 2008 - 7:01 pm ICT by IANS
Kochi, Aug 12 (IANS) Dip in aquaculture and shrimp production and unfavourable duty structures in the US have led to exports of marine products falling sharply in the last fiscal, a top ... Read more...

Posted in Business |

Moody’s expects tightening of India’s monetary policy


June 3rd, 2008 - 5:38 pm ICT by IANS
New Delhi, June 3 (IANS) Terming price rise as a threat to social stability in India, a noted global rating agency feels the country's central bank may take further steps to tighten ... Read more...

Posted in Business |

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