Government to boost insurance and mutual fund industry
August 6th, 2012 - 6:18 pm ICT by IANS
New Delhi, Aug 6 (IANS) Finance Minister P. Chidambaram Monday said that the government will announce a number of decisions in the next few weeks to boost the mutual ... Read more...
Posted in Business |
Japan ups growth rate
June 8th, 2012 - 1:05 pm ICT by IANS
Tokyo, June 8 (IANS) Japan Friday raised its economic growth to 4.7 percent for the January-March quarter from the previous 4.1 percent.The real GDP figure for the period is equivalent ... Read more...
Posted in Business |
Denmark to boost exports to BRIC economies
May 10th, 2012 - 1:31 pm ICT by IANS
Copenhagen, May 10 (IANS) The Danish government aims to boost exports to emerging economies, including India, by 50 percent within the next five years, it said in a report here.The ... Read more...
Posted in Business |
Japan posts first annual trade deficit in 31 years in 2011
January 25th, 2012 - 2:32 pm ICT by IANS
Tokyo, Jan 25 (IANS) Japan posted its first annual trade deficit since 1980, due to the affects of the March earthquake and tsunami and the yen's appreciation versus its major ... 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 |
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 |
Japan’s exports fell in October
November 21st, 2011 - 3:40 pm ICT by IANS
Tokyo, Nov 21 (IANS) Japan's exports fell 3.7 percent in October from a year earlier, marking the first decline in three months, the finance ministry said in a preliminary report ... Read more...
Posted in Business |
Exporters see growth drop as government pushes new markets
October 9th, 2011 - 3:33 pm ICT by IANS
Kolkata, Oct 9 (IANS) Even as India's commerce ministry wants the exporting community to diversify into new markets to combat the downturn in the developed world, Indian industry says it ... Read more...
Posted in Business |
Pakistan must exploit its mango export potential: Gilani
July 26th, 2011 - 12:19 pm ICT by IANS
Islamabad, July 26 (IANS) Pakistan, which is the fifth largest producer of mangoes in the world, needs to exploit its mango export potential, says Prime Minister Yousuf Raza Gilani."Though ... Read more...
Posted in Business |
Reform visa process to attract Indian, Chinese tourists: US travel body
May 14th, 2011 - 12:39 pm ICT by IANS
Washington, May 14 (IANS) The US Travel Association has proposed a reform of US visa policies to make America more open and welcoming to visitors, particularly from emerging economies like ... Read more...
Posted in Uncategorized |
Pakistan to face power outages for many years
January 23rd, 2011 - 4:07 pm ICT by IANS
Islamabad, Jan 23 (IANS) Hit by acute power shortage, Pakistan will continue to face the problem of loadshedding for many more years, a top official has admitted.Pakistan Electric Power Company Limited (PEPCO) ... Read more...
Posted in South Asia |
Pakistani exports show upward trend
December 1st, 2010 - 4:26 pm ICT by IANS
By Awais Saleem
Islamabad, Dec 1 (IANS) The exports by Pakistani manufacturers have touched $7.8 billion in the first four months of ongoing 2010-11 fiscal, which marks a substantial 14 percent increase compared ... Read more...
Posted in South Asia |
Over 4,000 ex-LTTE rebels rehabilitated in Sri Lanka
October 16th, 2010 - 6:03 pm ICT by IANS
Colombo, Oct 16 (IANS) Over 4,000 former Tamil rebels in Sri Lanka have been rehabilitated and reintegrated in the society, officials said Saturday."We have rehabilitated over 4,000 former Liberation Tigers of Tamil ... Read more...
Posted in Health Science |
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 |
Oz visa crackdown driving away overseas, Indian students
October 8th, 2010 - 4:29 pm ICT by ANI
Canberra, Oct 8 (ANI): Hit by a visa crackdown, more overseas students in Australia, including Indians, are now leaving the country than arriving, thereby lowering the total enrolments across the education sector ... Read more...
Posted in World |
Government urged not to cut duty drawback rates
September 18th, 2010 - 8:42 pm ICT by IANS
New Delhi, Sep 18 (IANS) Indian exporters Saturday urged the central government to defer its decision to cut duty drawback rates, saying it would negatively affect exports of items like textiles, leather ... Read more...
Posted in Business |
India plans to review its export sector by 2010 end, says Anand Sharma
August 24th, 2010 - 8:57 pm ICT by ANI
New Delhi, Aug.24 (ANI): Union Minister for Commerce and Trade Anand Sharma said on Tuesday that the country was planning its next export sector review by the end of 2010.India on Monday ... Read more...
Posted in Business |
Pranab Mukherjee to present Union Budget in Parliament today
February 26th, 2010 - 11:34 am ICT by ANI
New Delhi, Feb 26 (ANI): Amidst high expectations Union Finance Minister Pranab Mukherjee will on Friday present the General Budget for 2010-11 in Parliament, but inflation and the rising fiscal deficit ... Read more...
Posted in National |
India’s growth encouraging, inflation major worry: Survey
February 25th, 2010 - 1:21 pm ICT by IANS
New Delhi, Feb 25 (IANS) Projecting India's growth at over 8.25 percent next fiscal and at double-digit rates by 2015, the country's Economic Survey conveyed its concern over rising prices and ... Read more...
Posted in Business |
Government to review stimulus package for exports after budget (Lead)
February 18th, 2010 - 6:45 pm ICT by IANS
New Delhi, Feb 18 (IANS) The government Thursday said it would take a call after the budget on providing a stimulus package for various export commodities that continued to fare poorly.
"We ... Read more...
Posted in Business |
Decision on stimulus package for exporters this week
February 9th, 2010 - 7:32 pm ICT by IANS
New Delhi, Feb 9 (IANS) Commerce Minister Anand Sharma will meet Finance Minister Pranab Mukherjee later this week to take a decision on stimulus packages for the exporters for the next ... Read more...
Posted in Business |
Commerce ministry hopes export stimulus to stay for some more time
February 9th, 2010 - 5:13 pm ICT by IANS
Kolkata, Feb 9 (IANS) Union Minister of State for Commerce and Industry Jyotiraditya Scindia Tuesday said his ministry has requested the finance ministry to continue the export stimulus for some more time ... Read more...
Posted in Business |
Commerce ministry offers Rs.450-500 cr to boost exports (Lead)
January 12th, 2010 - 9:47 pm ICT by IANS
New Delhi, Jan 12 (IANS) Commerce Minister Anand Sharma Tuesday said his ministry would offer Rs.450-500 crore as incentives to exporters till this fiscal-end to push exports of 2,000 products.
"We will ... Read more...
Posted in Business |
Commerce ministry to offer Rs.450-500 cr to boost exports
January 12th, 2010 - 8:11 pm ICT by IANS
New Delhi, Jan 12 (IANS) Commerce Minister Anand Sharma Tuesday said his ministry would offer Rs.450-500 crore as incentives to push exports of 2,000 products till this fiscal-end.
"We will raise Rs.450-500 crore ... Read more...
Posted in Business |
Farm sector must grow at 4 percent, says Mukherjee
December 23rd, 2009 - 2:35 pm ICT by IANS
New Delhi, Dec 23 (IANS) For India to achieve equitable growth, farm output will have to expand at 4 percent yearly, said Finance Minister Pranab Mukherjee here Wednesday.
"Our agricultural growth should ... Read more...
Posted in Business |
No immediate withdrawal of economic stimulus: Ahluwalia
October 12th, 2009 - 8:21 pm ICT by IANS
New Delhi, Oct 12 (IANS) The government Monday ruled out any immediate withdrawal of the economic stimulus even though the economy has started showing signs of recovery.
"Until the ... Read more...
Posted in Business |
Indian textile and apparel industry set to grow
August 19th, 2009 - 7:59 pm ICT by ANI
By Karan KapoorLudhiana, Aug.19 (ANI): With a strong domestic demand and the stimulus provided by the government, Indian textile and apparel industry is confident that it would grow.With the Central Government recently ... Read more...
Posted in Feature |
More stimulus for export sector on cards: Anand Sharma (Lead)
August 10th, 2009 - 10:51 pm ICT by IANS
New Delhi, Aug 10 (IANS) To support the export sector, the foreign trade policy (FTP) to be announced later this month is likely to contain stimulus packages, Commerce Minister Anand Sharma said ... Read more...
Posted in Business |
More stimulus for export sector on cards, discloses Anand Sharma
August 10th, 2009 - 7:59 pm ICT by IANS
New Delhi, Aug 10 (IANS) In order to support the export sector, the foreign trade policy to be announced later this month is likely to contain stimulus packages, Commerce Minister Anand Sharma ... Read more...
Posted in Business |
Economy moving up but scanty rains may play spoilsport: Mukherjee
August 7th, 2009 - 7:44 pm ICT by ANI
New Delhi, Aug. 7 (ANI): Union Finance Minister Pranab Mukherjee on Friday told the Lok Sabha that the economy has started moving upward due to two stimulus packages in the last ... Read more...
Posted in National |
Weak crop production to slow export recovery: Moody’s
August 6th, 2009 - 8:01 pm ICT by IANS
New Delhi, Aug 6 (IANS) The delayed and deficient monsoon this year has not only hit India's farm output but also complicated the recovery of its merchandise exports that have seen nine ... Read more...
Posted in Business |
Relief package soon for services exports industry: Minister
July 31st, 2009 - 1:49 pm ICT by IANS
New Delhi, July 31 (IANS) The government is looking at a relief package to exporters of services, who contribute over 40 percent to India's total export basket, in the foreign trade policy ... Read more...
Posted in Business |
Budgetary support for developing export market hiked (Lead)
July 6th, 2009 - 6:07 pm ICT by IANS
New Delhi, July 6 (IANS) With the exports dipping for the second consecutive month in May, the allocation for the market development scheme for exporters has been increased 148 percent to ... Read more...
Posted in Business |
BSE crosses 15,000 points ahead of budget presentation
July 6th, 2009 - 12:35 pm ICT by ANI
New Delhi, July 6 (ANI): Bombay Stock Exchange (BSE) crossed 15,000 points on Monday as investors built positions ahead of presentation of general budget.Following the trends of the BSE the ... Read more...
Posted in National |
Goa tourism industry needs tax sops: Industry
July 5th, 2009 - 7:05 pm ICT by IANS
Panaji, July 5 (IANS) The state tourism industry should be granted tax sops in the budget to be presented by Finance Minister Pranab Mukherjee Monday, a leading industry chamber here has said. ... Read more...
Posted in Business |