China’s GDP to grow by 8.8 percent in 2012
January 3rd, 2012 - 2:27 pm ICT by IANS
Beijing, Jan 3 (IANS) China's GDP will grow by about 8.8 percent in 2012, further moderating from 9.1 percent in the third quarter of 2011, the central bank said.The bank ... Read more...
Posted in Business |
Euro blamed for driving up cost of living in Spain
December 28th, 2011 - 11:57 am ICT by IANS
Madrid, Dec 28 (IANS/EFE) Housing costs in Spain have risen 66 percent since the adoption of the euro in 2001, while food prices are up 48 percent, a consumers' organisation ... Read more...
Posted in Business |
China’s GDP growth to slow to 8.6 percent
December 18th, 2011 - 11:14 pm ICT by IANS
Beijing, Dec 18 (IANS) China's GDP growth may slow to 8.6 percent in the last quarter of this year and further decelerate to 7.7 percent in the first quarter of ... Read more...
Posted in Business |
Sri Lanka’s consumerism to grow in 2012: Report
December 10th, 2011 - 2:06 pm ICT by IANS
Colombo, Dec 10 (IANS) International market research company Nielsen expressed optimistic views on 2012 economic progress in Sri Lanka, noting that rapid growth and consumer spending would be seen.Nielsen, launching ... Read more...
Posted in Business |
Mukherjee blames inflation on world economic crisis
December 9th, 2011 - 5:45 pm ICT by IANS
New Delhi, Dec 9 (IANS) Finance Minister Pranab Mukherjee Friday presented a spirited defence of the government "constantly trying to fight price rise" and said the world economic situation ... Read more...
Posted in Uncategorized |
China’s consumer price index growth eases in November
December 9th, 2011 - 1:20 pm ICT by IANS
Beijing, Dec 9 (IANS) China's consumer price index (CPI), a main gauge of inflation, rose 4.2 percent year-on-year in November, further weakening from 5.5 percent in October due to falling ... Read more...
Posted in Business |
China’s November inflation may fall below 5 percent
December 6th, 2011 - 6:33 pm ICT by IANS
Beijing, Dec 6 (IANS) China's inflation rate may fall below five percent in November, thanks to the lower food prices that led to the downward trend after a 37-month high ... Read more...
Posted in Business |
China’s inflation likely to ease in November
November 30th, 2011 - 1:57 pm ICT by IANS
Beijing, Nov 30 (IANS) China's inflation is predicted to fall for a fourth consecutive month in November with the consumer price index (CPI) likely to drop to 4.3 percent, a ... Read more...
Posted in Business |
India’s ‘bold’ retail opening will reduce prices: US body
November 25th, 2011 - 11:55 am ICT by IANS
Washington, Nov 25 (IANS) A major US trade association has hailed Indian cabinet's "bold" move to approve opening of India's vast multi-brand retail sector to foreign direct investment and expanding ... Read more...
Posted in Business |
Pawar slapped, attacker says ‘they’re all thieves’ (Intro Roundup)
November 24th, 2011 - 10:48 pm ICT by IANS
New Delhi, Nov 24 (IANS) Agriculture Minister Sharad Pawar was Thursday slapped by a Delhi youth angry over rising prices and corruption, sparking nationwide condemnation and questions over VVIP ... Read more...
Posted in Uncategorized |
CPI-M blames government for inflation
November 24th, 2011 - 5:13 pm ICT by IANS
New Delhi, Nov 24 (IANS) The Communist Party of India-Marxist (CPI-M) Thursday blamed the government for rising food prices and sought a ban on futures trading in sugar, wheat and ... Read more...
Posted in Politics |
RBI hints at more monetary action to curb inflation
November 22nd, 2011 - 8:25 pm ICT by IANS
Hyderabad, Nov 22 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Tuesday did not rule out further monetary action to curb inflation.He said monetary steps may be warranted in ... Read more...
Posted in Business |
Canada’s inflation rate drops in October
November 19th, 2011 - 3:24 pm ICT by IANS
Ottawa, Nov 19 (IANS) Canada's inflation rate dropped to 2.9 percent in October from 3.2 percent in the previous month, largely due to the less gain of energy prices, Statistics ... Read more...
Posted in Uncategorized |
India’s food inflation declines further, still in double digits
November 17th, 2011 - 3:52 pm ICT by IANS
New Delhi, Nov 17 (IANS) India's food inflation declined for the second consecutive week at 10.63 percent for the week ended Nov 5, but still continued to be in ... Read more...
Posted in Business |
US consumer prices dip
November 17th, 2011 - 11:04 am ICT by IANS
Washington, Nov 17 (IANS/EFE) Consumer prices in the US declined 0.1 percent in October, while the 12-month inflation rate stood at 3.5 percent, the Labor Department said Wednesday.Excluding the more ... Read more...
Posted in Business |
PM hints at further fuel hike if international prices rise
November 12th, 2011 - 11:22 pm ICT by IANS
By Manish Chand
On Board Air India One, Nov 12 (IANS) Prime Minister Manmohan Singh Saturday indicated that the fuel prices may have to be hiked again if international oil prices ... Read more...
Posted in World |
Need to integrate agriculture with other sectors: President
November 9th, 2011 - 6:18 pm ICT by IANS
New Delhi, Nov 9 (IANS) President Pratibha Patil Wednesday said experts should interact with farmers to enrich their knowledge base and observed that there was need to integrate agriculture ... Read more...
Posted in Business |
Libyan fighters demand salary from NTC
November 6th, 2011 - 10:57 am ICT by IANS
Tripoli, Nov 6 (IANS) Hundreds of Libyan fighters protested outside a hotel in the capital Tripoli Saturday evening, asking for salary from the ruling National Transitional Council (NTC), Xinhua reported.The ... Read more...
Posted in Politics |
Multi-product retail will improve supply chain: Economic advisor
November 4th, 2011 - 11:43 pm ICT by IANS
Kolkata, Nov 4 (IANS) The Indian government's Chief Economic Advisor Kaushik Basu Friday batted for allowing big multi-product retail companies to enter India's market to improve the supply chain to ... Read more...
Posted in Business |
South Korea’s consumer price growth slows in October
November 1st, 2011 - 1:05 pm ICT by IANS
Seoul, Nov 1 (IANS) South Korea's consumer price growth slowed to 3.9 percent in October, falling below 4 percent for the first time this year, a government report showed Tuesday.Consumer ... Read more...
Posted in Business |
Looking at ways to tackle food prices: Thomas
October 31st, 2011 - 10:28 pm ICT by IANS
New Delhi, Oct 31 (IANS) Expressing concern at double-digit food inflation, Food Minister K.V. Thomas Monday said he will take up the issue with the finance and agriculture ministries ... Read more...
Posted in Business |
Time right to curb corruption: PM
October 30th, 2011 - 11:22 pm ICT by IANS
New Delhi, Oct 30 (IANS) Prime Minister Manmohan Singh said Sunday that "the time was right to move decisively to curb corruption in public life and improve the processes ... Read more...
Posted in Politics |
Japan’s core consumer prices rose in September
October 28th, 2011 - 1:02 pm ICT by IANS
Tokyo, Oct 28 (IANS) Japan's core consumer price index (CPI) rose 0.2 percent in September from a year earlier, marking the third successive month of increase, authorities said Friday.
The ... Read more...
Posted in Business |
Mayawati attacks centre on prices
October 22nd, 2011 - 8:35 pm ICT by IANS
New Delhi, Oct 22 (IANS) Attacking the centre over high food prices which were "impacting the pace of development", Uttar Pradesh Chief Minister Mayawati Saturday asked for more central funds ... Read more...
Posted in Politics |
US consumer prices rose in September
October 20th, 2011 - 12:38 pm ICT by IANS
Washington, Oct 20 (IANS/EFE) US consumer prices rose 0.3 percent last month, bringing the 12-month inflation rate to 3.9 percent, the Labour Department said Wednesday.The core Consumer Price Index, which ... Read more...
Posted in Business |
Tripura opposes food security bill
October 18th, 2011 - 5:46 pm ICT by IANS
Agartala, Oct 18 (IANS) The Left Front government in Tripura Tuesday said the National Food Security (NFS) bill is against the interests of the poor and the middle class ... Read more...
Posted in Business |
India to grow by 8.5-9 percent in long term: Mukherjee
October 17th, 2011 - 6:11 pm ICT by IANS
New Delhi, Oct 17 (IANS) Amid international economic uncertainty, Finance Minister Pranab Mukherjee Monday said he expectS India's GDP to grow by 8.5-9 percent in the medium to long-term ... Read more...
Posted in Business |
Millions of Pakistanis face food insecurity: PM
October 17th, 2011 - 11:57 am ICT by IANS
Islamabad, Oct 17 (IANS) Millions of Pakistanis were facing food insecurity due to high food prices, Prime Minister Yousuf Raza Gilani said and added that the government was aware ... Read more...
Posted in South Asia |
Price rise causing food insecurity: UAE minister
October 15th, 2011 - 10:20 pm ICT by IANS
Dubai, Oct 15 (IANS/WAM) Soaring food prices have significantly contributed to the world's food insecurity, said Rashid Ahmed bin Fahd, UAE environment and water minister.The price rise will hamper international ... Read more...
Posted in Business |
China’s inflation eases to 6.1 percent in September
October 14th, 2011 - 3:37 pm ICT by IANS
Beijing, Oct 14 (IANS) China's consumer price index (CPI), a main gauge of inflation, eased slightly to 6.1 percent year-on-year in September from 6.2 percent in August, the National Bureau ... Read more...
Posted in Business |
UN food agencies warn high food prices to continue
October 10th, 2011 - 5:05 pm ICT by IANS
Rome, Oct 10 (IANS) Food price volatility featuring high prices is likely to continue and possibly increase, making poor farmers, consumers and countries more vulnerable to poverty and food insecurity, ... Read more...
Posted in Business |
CPI-M politburo meets; price rise, 2G scam on agenda
September 29th, 2011 - 5:04 pm ICT by IANS
New Delhi, Sep 29 (IANS) The politburo of the Communist Party of India-Marxist (CPI-M) met here Thursday to discuss current political developments including price rise and the 2G spectrum ... Read more...
Posted in Uncategorized |
BJP attacks PM over food prices
September 28th, 2011 - 4:19 pm ICT by IANS
New Delhi, Sep 28 (IANS) The Bharatiya Janata Party (BJP) Wednesday slammed Prime Minister Manmohan Singh over the rising food prices, saying he was seeking to link it with ... Read more...
Posted in Politics |
Ronaldo, Zidane to play for Africa famine relief
September 27th, 2011 - 4:25 pm ICT by IANS
New Delhi, Sep 27 (IANS) Top football stars Ronaldo and Zinedine Zidane are all set to play in the ninth edition of an annual match against poverty Dec 13 in ... Read more...
Posted in Uncategorized |
Wheat, rice cheaper in Pakistan than India
September 20th, 2011 - 1:16 pm ICT by IANS
Islamabad, Sep 20 (IANS) The prices of wheat, rice, chicken and garlic are lower in Pakistan than in India, Bangladesh and Sri Lanka, authorities said.The National Price Monitoring Committee said ... Read more...
Posted in World |