government data

Need to take measures, says Pranab on poor IIP data (Roundup)


June 12th, 2012 - 8:39 pm ICT by IANS
New Delhi, June 12 (IANS) India's industrial output grew by a meagre 0.1 percent in April due to a contraction in capital goods and dip in manufacturing and mining ... Read more...

Posted in Business |

BJP slams government over ‘policy paralysis’


June 12th, 2012 - 7:05 pm ICT by IANS
New Delhi, June 12 (IANS) A day after international rating agency Standard and Poor's warned that India may lose its investment-grade rating due to slowing growth and political roadblocks ... Read more...

Posted in Politics |

Sensex 194 points up on rates cut hope (Lead)


June 12th, 2012 - 6:34 pm ICT by IANS
Mumbai, June 12 (IANS) A benchmark index of Indian equities markets Tuesday gained as much as 194.79 points amid hopes of a rates cut by the Reserve Bank of ... Read more...

Posted in Business |

IIP data dissapoints Pranab, says government committed to reforms


June 12th, 2012 - 4:02 pm ICT by IANS
New Delhi, June 12 (IANS) Finance Minister Pranab Mukherjee Tuesday said that he was disappointed with the industrial output data but asserted that the government was committed to kickstarting ... Read more...

Posted in Business |

Industrial output grows at 0.1 percent in April


June 12th, 2012 - 2:50 pm ICT by IANS
New Delhi, June 12 (IANS) India's industrial output grew by a meagre 0.1 percent in April as the slump in manufacturing and mining sectors continued, dampening hopes for an early ... Read more...

Posted in Business |

Sensex rises 64 points on rate cut hopes


June 12th, 2012 - 2:50 pm ICT by IANS
Mumbai, June 12 (IANS) A benchmark index of Indian equities markets was trading 0.38 percent higher in the afternoon session Tuesday, led by hopes of a rate cut after ... Read more...

Posted in Business |

India, US launch open government platform


June 12th, 2012 - 9:56 am ICT by IANS
Washington, June 12 (IANS) India and the United States have unveiled the Open Government Platform, a bilateral effort aimed at fostering transparency and enhanced citizen engagement by making government data, ... Read more...

Posted in World |

Stimulus package needed to revive economic growth: Adi Godrej


June 1st, 2012 - 7:40 pm ICT by IANS
New Delhi, June 1 (IANS) The Reserve Bank of India should cut key policy rates by at least one percent, and the government needs to come out with stimulus package ... Read more...

Posted in Business |

Retail inflation surges to 10.36 percent in April


May 18th, 2012 - 3:15 pm ICT by IANS
New Delhi, May 18 (IANS) India's inflation based on retail prices surged 10.36 percent in April as compared to 9.38 percent in the previous month due to a sharp increase ... Read more...

Posted in Uncategorized |

Inflation rises to 7.23 percent; food prices surge (Lead)


May 14th, 2012 - 8:43 pm ICT by IANS
New Delhi, May 14 (IANS) India's inflation moved up to 7.23 percent in April as compared to 6.89 percent in the previous month, mainly driven by a sharp increase ... Read more...

Posted in Business |

Inflation accelerates to 7.23 percent in April


May 14th, 2012 - 2:47 pm ICT by IANS
New Delhi, May 14 (IANS) India's inflation rose faster-than-expected to 7.23 percent in April as compared to 6.89 percent in the previous month, mainly driven by a sharp increase in ... Read more...

Posted in Business |

India’s industrial output dips 3.5 percent in March (Roundup)


May 11th, 2012 - 8:06 pm ICT by IANS
New Delhi, May 11 (IANS) India's industrial output shrank 3.5 percent in March from a year earlier, driven by poor performance of manufacturing and mining sectors, dampening hopes of ... Read more...

Posted in Business |

IIP data suggests slowdown: RBI


May 11th, 2012 - 6:03 pm ICT by IANS
Bangalore, May 11 (IANS) The 3.5 percent contraction in the Index of Industrial Production (IIP) data for March indicates that there is "a sort of slowdown, which is a concern", ... Read more...

Posted in Business |

India’s industrial output contracts by 3.5 percent in March


May 11th, 2012 - 3:00 pm ICT by IANS
New Delhi, May 11 (IANS) India's industrial output shrank by 3.5 percent in March due to poor show of manufacturing and mining sectors, dampening hope for any early revival of ... Read more...

Posted in Business |

US productivity down


May 4th, 2012 - 2:16 pm ICT by IANS
Washington, May 4 (IANS) US non-farm business sector labour productivity decreased at a 0.5-percent annual rate during the first quarter of 2012, a drop after two consecutive quarterly gains, the ... Read more...

Posted in Business |

Oil marketing firms losing Rs.518 crore per day


May 1st, 2012 - 5:49 pm ICT by IANS
New Delhi, May 1 (IANS) Oil marketing companies are losing Rs.518 crore per day on sale of diesel, kerosene and domestic liquefied petroleum gas (LPG), government data showed Tuesday.Oil ... Read more...

Posted in Business |

China to boost import to balance foreign trade


May 1st, 2012 - 4:33 pm ICT by IANS
Beijing, May 1 (IANS) China has called for increasing imports and stabilising exports in order to promote a more balanced growth in foreign trade, a media report said Tuesday.China's cabinet, ... Read more...

Posted in Business |

India’s exports drop by 5.71 percent in March


May 1st, 2012 - 2:39 pm ICT by IANS
New Delhi, May 1 (IANS) India's exports fell by 5.71 percent to $28.68 billion in March while imports surged 24.28 percent to $42.58 billion, leaving a monthly trade deficit of ... Read more...

Posted in Business |

Consumer price inflation rises to 9.47 percent


April 18th, 2012 - 3:04 pm ICT by IANS
New Delhi, April 18 (IANS) Inflation based on consumer prices rose to 9.47 percent in March as compared to 8.83 percent in the previous month, led by sharp increase in ... Read more...

Posted in Business |

UN launches anti-human trafficking drive in Portugal


April 14th, 2012 - 10:29 am ICT by IANS
Lisbon, April 14 (IANS) A United Nations' public awareness campaign against human trafficking has been launched in Portugal.Organised by the UN Office on Drugs and Crimes (UNODC), the drive was ... Read more...

Posted in Health Science |

Bihar sitting on central funds


March 27th, 2012 - 8:42 pm ICT by IANS
Patna, March 27 (IANS) With Bihar utilizing just 55.12 percent of central funds in the first 11 months of this fiscal, there is huge pressure to utilize the remaining 45 ... Read more...

Posted in Uncategorized |

Japan books trade surplus


March 22nd, 2012 - 7:58 pm ICT by IANS
Tokyo, March 22 (IANS) Japan booked its first trade surplus in five months for February as strong exports to the US overweighed declines in those to Europe and Asia, government ... Read more...

Posted in Business |

Inflation rises to 6.95 percent in February


March 14th, 2012 - 6:57 pm ICT by IANS
New Delhi, March 14 (IANS) Reversing a four-month old declining trend, India's inflation rose to 6.95 percent in February on a sharp increase in prices of food articles, government ... Read more...

Posted in Business |

India’s industrial output up 6.8 percent in January (Lead)


March 12th, 2012 - 9:02 pm ICT by IANS
New Delhi, March 12 (IANS) India's industrial output rose the fastest in seven months at 6.8 percent in January, helped by a robust show in the manufacturing sector, kindling ... Read more...

Posted in Business |

Japan’s key machinery orders go up


March 12th, 2012 - 1:49 pm ICT by IANS
Tokyo, March 12 (IANS) Japan's key machinery orders climbed 3.4 percent in January, marking the first increase in two months, government data showed Monday.The orders of private-sector machinery, which exclude ... Read more...

Posted in Business |

David Cameron’s iPad app to cost £20,000


March 5th, 2012 - 9:46 pm ICT by Aishwarya Bhatt
London, Mar 5 (THAINDIAN NEWS) British Prime Minister David Cameron will soon be managing the country from the screen of his iPad. Cameron will be able to do so with the help ... Read more...

Posted in Technology Industry News |

Committee on minority education seeks databank creation (Lead)


March 5th, 2012 - 9:37 pm ICT by IANS
New Delhi, March 5 (IANS) Members of a national committee monitoring access of minorities to education, which met for the first time here Monday, pitched for creating an authentic databank ... Read more...

Posted in Uncategorized |

Economic growth may slump to 6.9 percent this fiscal (Roundup)


February 7th, 2012 - 7:50 pm ICT by IANS
New Delhi, Feb 7 (IANS) India's economic growth is expected to fall to a three-year low of 6.9 percent in the current financial year, substantially down from the budgetary ... Read more...

Posted in Business |

Bihar has Rs.140 bn unutilized central funds


January 27th, 2012 - 5:33 pm ICT by IANS
Patna, Jan 27 (IANS) Of the central funds it received, Bihar utilized just 50 percent in the first 10 months of this fiscal, leaving the state -- riding high on ... Read more...

Posted in Business |

No banks in 1,700 Chinese towns in 2011


January 5th, 2012 - 12:59 pm ICT by IANS
Beijing, Jan 5 (IANS) Banking services were absent in a total of 1,696 remote Chinese towns at the end of 2011, according to government data.The data issued by the China ... Read more...

Posted in Business |

Japan’s central bank holds key rate steady


December 21st, 2011 - 2:48 pm ICT by IANS
Tokyo, Dec 21 (IANS) The Bank of Japan (BOJ) Wednesday left its key short-term interest rate unchanged at virtually zero and maintained the size of its asset purchasing programme as ... Read more...

Posted in Business |

Japan’s household spending falls in October


November 29th, 2011 - 1:36 pm ICT by IANS
Tokyo, Nov 29 (IANS) The average spending by Japanese households dropped 0.4 percent in October from a year earlier to 285,605 yen (about $3,600), authorities said Tuesday.The 0.4 percent decline ... Read more...

Posted in Business |

China likely to relax property policies in 2012


November 20th, 2011 - 2:38 pm ICT by IANS
Beijing, Nov 20 (IANS) China is likely to loosen its restrictions on the country's property market in the third quarter of next year, as plummeting prices could slow the growth ... Read more...

Posted in Business |

US Fed sees less certain economic outlook


October 20th, 2011 - 3:05 am ICT by IANS
Washington, Oct 20 (IANS) The US economy continues to expand at a modest pace, but with weaker or less certain outlook, Xinhua reported Wednesday.In its latest economic performance survey, the ... Read more...

Posted in Business |

Goa mining lobby flexes muscle, blocks river traffic


October 12th, 2011 - 4:53 pm ICT by IANS
Panaji, Oct 12 (IANS) Nearly 50 mining barges virtually blockaded the Mandovi river, off Panaji, Wednesday to protest any impending action against the mining industry."Our livelihood is based on the ... Read more...

Posted in Business |

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