Nepal’s gold imports increase
August 14th, 2012 - 1:59 pm ICT by IANS
Kathmandu, Aug 14 (IANS) Nepal's gold imports increased by a whopping 114 percent to 5,900 kg during fiscal year 2011-12, compared to import figures of the previous fiscal.Value of imports ... Read more...
Posted in South Asia |
India will soon be back on high growth path: Chidambaram
July 10th, 2012 - 10:24 pm ICT by IANS
Bangalore, July 10 (IANS) India would soon return to high growth path soon in light of several measures being taken by the United Progressive Alliance (UPA) government to reboot the ... Read more...
Posted in Politics |
Indian palm oil firms make Indonesian eco-disaster: Greenpeace
June 19th, 2012 - 7:51 pm ICT by IANS
Mumbai, June 19 (IANS) Greenpeace India Tuesday claimed that major Indian corporates houses could be linked to the destruction of the Indonesian rainforests through their imports of palm oil from ... Read more...
Posted in Environment |
Rupee will stabilise in around current range: Anand Sharma
June 5th, 2012 - 5:27 pm ICT by IANS
New Delhi, June 5 (IANS) The Indian rupee, which hit a record low of 56.52 against the dollar last week, is likely to stabilise soon at around the current range, ... Read more...
Posted in Business |
Petrol price hiked by Rs.6.28 plus taxes, industry welcomes move (Second Lead)
May 23rd, 2012 - 10:35 pm ICT by IANS
New Delhi,May 23 (IANS) India's state-controlled refiners hiked prices petrol by a steep 6.28 per litre, exclusive of taxes, effective midnight Wednesday to compensate losses incurred by them for selling ... Read more...
Posted in Business |
Indian recovery seen pushing global wheat output 3.4 percent
March 24th, 2011 - 2:06 pm ICT by IANS
Rome, March 24 (IANS) With recoveries in India and the Russian Federation, the World Food Organisation (FAO) has predicted a 3.4-percent growth in global wheat output this year at 676 ... Read more...
Posted in Business |
Trade balance matter of concern if oil gets costlier: Pranab
February 6th, 2011 - 7:35 pm ICT by IANS
Kandi (West Bengal), Feb 6 (IANS) Union Finance Minister Pranab Mukherjee Sunday said if oil prices shoot up further, then both the current account deficit and the trade balance would be ... Read more...
Posted in Business |
Global food import bill may top $1 trillion in 2010
November 17th, 2010 - 10:50 pm ICT by IANS
Rome, Nov 17 (IANS/AKI) The bill for international food imports could exceed $1 trillion this year amid a spike in most commodity prices, the UN said Wednesday.Food prices could reach even ... Read more...
Posted in Business |
September exports rise, but trade deficit a concern: Khullar
October 25th, 2010 - 6:49 pm ICT by IANS
New Delhi, Oct 25 (IANS) India's exports rose 23.2 percent in September, compared to the corresponding month last year, although a widening trade deficit due to a heavier import bill was a ... Read more...
Posted in Business |
India’s import bill on sensitive items up 34 percent
January 27th, 2010 - 9:24 pm ICT by IANS
New Delhi, Jan 27 (IANS) India's import bill on sensitive items, mainly farm-related goods, has registered a hefty rise of 34.5 percent during the first seven months of this fiscal.
Data released by ... Read more...
Posted in Business |
First parcel of Mangala crude reaches Mangalore Refinery
October 9th, 2009 - 8:37 pm ICT by IANS
New Delhi, Oct 9 (IANS) The first parcel of crude from Cairn Energy's Mangala field reached the Mangalore Refinery and Petrochemicals Ltd (MRPL) Friday morning.
The parcel of 29,000 tonnes came just ... Read more...
Posted in Business |
India will see signs of recovery this fiscal: Rangarajan
September 17th, 2009 - 5:23 pm ICT by IANS
Hyderabad, Sep 17 (IANS) Indian economy will see "definite signs of recovery" in the second half of the current financial year and will grow between 6 and 6.5 percent in the ... Read more...
Posted in Business |
India’s merchandise exports slip for 10th straight month
September 1st, 2009 - 2:18 pm ICT by IANS
New Delhi, Sep 1 (IANS) India's merchandise exports fell for the 10th straight month in July and were valued 28.4 percent lower at $13.62 billion against $19.04 billion during the corresponding month ... Read more...
Posted in Business |
PM launches Cairn India’s oil fields in Barmer
August 29th, 2009 - 2:23 pm ICT by IANS
Barmer (Rajasthan), Aug 29 (IANS) Prime Minister Manmohan Singh Saturday formally inaugurated Cairn India's Mangala oil fields in Rajasthan, site of the country's largest oil discovery in two decades.
At a function ... Read more...
Posted in Business |
India’s merchandise exports decline ninth straight month (Lead)
August 3rd, 2009 - 8:50 pm ICT by IANS
New Delhi, Aug 3 (IANS) India's merchandise exports fell for the ninth straight month in June and were valued at $12.82 billion, down 27.7 percent over $17.73 billion registered in the like ... Read more...
Posted in Business |
India’s merchandise exports decline ninth straight month
August 3rd, 2009 - 2:47 pm ICT by IANS
New Delhi, Aug 3 (IANS) India's merchandise exports fell for the ninth straight month in June and were valued at $12.82 billion, down 27.7 percent over $17.73 billion registered in the like ... Read more...
Posted in Business |
Reliance starts gas production in Krishna Godavari basin
April 2nd, 2009 - 2:38 pm ICT by IANS
Mumbai, April 2 (IANS) The Mukesh Ambani-led Reliance Industries Ltd (RIL) Thursday started gas production in its deep-sea Krishna Godavari (KG) fields, nearly seven years after it found the gas off the ... Read more...
Posted in Business |
Tough times ahead for Indian exporters, forecasts Moody’s
April 1st, 2009 - 6:04 pm ICT by IANS
New Delhi, April 1 (IANS) With giant economies like the US and Europe continuing to reel under recession, Indian exporters face tough times ahead, the economic analysis arm of global rating agency ... Read more...
Posted in Business |
World Bank approves $500 mn loan for Pakistan
March 27th, 2009 - 7:21 am ICT by IANS
Washington, March 27 (IANS) The World Bank has approved a $500-million interest-free loan to help stablise Pakistan's economy, Geo TV reported Friday.
"Pakistan has experienced severe external and internal shocks in the ... Read more...
Posted in Business |
India’s exports decline for second straight month
January 1st, 2009 - 4:57 pm ICT by IANS
New Delhi, Jan 1 (IANS) The New Year started with some disheartening news for India's exporting community with the latest trade data showing a 9.9-percent drop in outbound merchandise shipments in November ... Read more...
Posted in Uncategorized |
Help us, Zardari to urge Friends of Pakistan
September 25th, 2008 - 1:15 pm ICT by IANS
Islamabad, Sep 25 (IANS) President Asif Ali Zardari is to ask the US, Britain, Saudi Arabia and other major economic powers for pledging aid of up to $5 billion "to rescue Pakistan's ... Read more...
Posted in South Asia |
RIL starts oil production, gas next year (Lead)
September 21st, 2008 - 9:05 pm ICT by IANS
Mumbai, Sep 21 (IANS) The Rs.$34.7-billion (Rs.1,392.69-billion) Reliance Industries Limited (RIL) Sunday announced the production of oil from one its largest hydrocarbon assets in the country and said it will also start ... Read more...
Posted in Business |
Reliance Industries starts production in Krishna-Godavari basin
September 21st, 2008 - 5:27 pm ICT by IANS
New Delhi, Sep 21 (IANS) India's largest private oil major, Reliance Industries Ltd (RIL), has started production of oil from the Krishna-Godavari (K-G) basin, its chairman Mukesh D. Ambani said Sunday.The ... Read more...
Posted in Uncategorized |
Pakistan’s trade deficit at $20.7 bn
July 10th, 2008 - 12:57 pm ICT by IANS
Islamabad, July 10 (IANS) Spiralling oil prices saw Pakistan's trade deficit rise an alarming 52.95 percent to $20.7 billion in the just ended fiscal 2007-08 from the previous $13.5 billion. "High oil ... Read more...
Posted in Business |
India’s exports up 31.5 percent in April
June 2nd, 2008 - 4:54 pm ICT by IANS
New Delhi, June 2 (IANS) Fiscal 2008-09 began on a positive note for India's merchandise exports, growing 31.5 percent in April to $14.4 billion, against $10.95 billion for April 2007, latest trade ... Read more...
Posted in Business |
Global food crisis could hit Caribbean’s millennium goals
April 20th, 2008 - 8:43 pm ICT by admin
Georgetown (Guyana), April 20 (IANS) Guyana's President Bharrat Jagdeo has said global food crisis spurred by rising demand for bio-fuels and food grain shortages could hinder the Caribbean nations' efforts to achieve ... Read more...
Posted in World |