importers

Appeal to boost rare earths imports


August 22nd, 2012 - 3:41 pm ICT by IANS
Beijing, Aug 22 (IANS) China should increase imports of rare earths, especially the medium and heavy variety, to meet demand and save dwindling resources, an industry leader has said.Companies should ... Read more...

Posted in Business |

Scrap nutrient-based subsidy for fertilisers: Jayalalithaa


June 27th, 2012 - 9:39 pm ICT by IANS
Chennai, June 27 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa has urged Prime Minister Manmohan Singh to withdraw the nutrient-based subsidy (NBS) scheme for fertilisers and reintroduce the earlier ... Read more...

Posted in Politics |

Rupee ends at 57.12 after slipping to 57.33 against a dollar (Lead)


June 22nd, 2012 - 7:11 pm ICT by IANS
Mumbai, June 22 (IANS) The Indian rupee hit a record low for the second consecutive day Friday and slumped below the psychological resistance level of 57 to a dollar for ... Read more...

Posted in Business |

Rupee in free fall, slips below 57 against dollar


June 22nd, 2012 - 2:37 pm ICT by IANS
Mumbai, June 22 (IANS) The Indian rupee hit a record low for the second consecutive day Friday and slumped below the psychological resistance level of 57 against a dollar for ... Read more...

Posted in Business |

Rupee slumps to record low of 56.57 against dollar (Lead)


June 21st, 2012 - 4:12 pm ICT by IANS
Mumbai, June 21 (IANS) The Indian rupee slumped to a record low of 56.57 against a dollar Thursday due to increased demand for the American currency by oil importers and ... Read more...

Posted in Business |

Cochin Port for hassle-free cargo clearance


June 11th, 2012 - 6:36 pm ICT by IANS
Kochi, June 11 (IANS) In the wake of numerous complaints by the Kerala diaspora against foreign freight forwarders, mainly from Middle East countries, authorities here Monday issued fresh guidelines for ... Read more...

Posted in Business |

Rupee closes at record low of 56.23 against dollar (Lead)


May 30th, 2012 - 9:27 pm ICT by IANS
Mumbai, May 30 (IANS) The Indian rupee hit a record closing low of 56.23 against dollar Wednesday due to increased demand for the American currency by importers for month-end payments ... Read more...

Posted in Business |

Rupee again slips below 56 against dollar


May 30th, 2012 - 4:09 pm ICT by IANS
Mumbai, May 30 (IANS) The Indian rupee slipped below the psychologically important level of 56 against a dollar Wednesday, for the first time in almost a week, and is ... Read more...

Posted in Business |

Mango exports from Pakistan goes down


May 26th, 2012 - 4:00 pm ICT by IANS
Islamabad, May 26 (IANS) Exports of mangoes from Pakistan will suffer this year as production has been low compared to last year.Pakistan annually produces 1.7-1.8 million tonnes of mangoes. But ... Read more...

Posted in Business |

RBI to defend rupee from falling further (Lead)


May 18th, 2012 - 8:53 pm ICT by IANS
Mumbai/Kolkata, May 18 (IANS) The rupee recovered after falling to its third straight daily record low against dollar Friday and the Reserve Bank of India (RBI) promised more intervention to ... Read more...

Posted in Uncategorized |

Rupee dips to new intra-day low of 54.91 to a dollar


May 18th, 2012 - 7:03 pm ICT by IANS
Mumbai/Kolkata, May 18 (IANS) The Indian rupee slumped to a new intra-day low of 54.91 against a dollar Friday even as the Reserve Bank of India assured further intervention in ... Read more...

Posted in Business |

Sri Lanka expects market stability as imports reduced


May 12th, 2012 - 4:18 pm ICT by IANS
Colombo, May 12 (IANS) The Sri Lankan Central Bank said Saturday that it expects stability in the domestic foreign exchange market over the next few weeks following a decision to ... Read more...

Posted in Business |

Russia exported $4 bn worth diamonds: India major buyer


March 23rd, 2012 - 12:35 pm ICT by IANS
Moscow, March 23 (IANS/RIA Novosti) Russia last year exported over 32 million carats of uncut rough diamonds worth $3.81 billion, the finance ministry said. India, Belgium and Israel were the ... Read more...

Posted in Business |

US serves notice on India on Iran oil sanctions


March 22nd, 2012 - 10:34 am ICT by IANS
Washington, March 22 (IANS) The United States has served notice on India and 11 other major importers of Iranian oil that a decision on imposing financial sanctions on ... Read more...

Posted in Business |

India world’s largest recipient of arms, Pakistan no.3 (Lead)


March 19th, 2012 - 4:09 pm ICT by IANS
Stockholm, March 19 (IANS) India is the world's largest recipient of arms while South Korea is second and Pakistan and China are tied in third place, says the Stockholm International ... Read more...

Posted in World |

India world’s largest recipient of arms, says study


March 19th, 2012 - 12:51 pm ICT by IANS
Stockholm, March 19 (IANS) India is the world's largest recipient of arms while South Korea is second and Pakistan and China are third in the list, reveals data on international ... Read more...

Posted in World |

Argentina says oil company owes $8 mn in tax


February 16th, 2012 - 11:55 am ICT by IANS
Buenos Aires, Feb 16 (IANS/EFE) Argentina's Treasury has prohibited oil company YPF, controlled by Spain's Repsol-YPF, from making any imports or exports until it pays an $8 million tax debt, ... Read more...

Posted in Business |

Indian leather exports to retain over 10 percent growth


February 16th, 2012 - 12:00 am ICT by IANS
Kolkata, Feb 15 (IANS) Stagnant demand in Europe and weak demand in the US will not hinder leather exports from India and it is expected to retain growth of over ... Read more...

Posted in Business |

‘Iran to stop oil exports to some EU members soon’


January 30th, 2012 - 7:02 am ICT by IANS
Tehran, Jan 30 (IANS) Iran will soon stop oil exports to certain members of the European Union (EU), the country's Oil Minister Rostam Qasemi was quoted by Mehr news agency ... Read more...

Posted in Business |

Iran seeks to halt EU oil exports


January 28th, 2012 - 9:44 am ICT by IANS
Tehran, Jan 28 (IANS) Iran's parliament is to discuss a bill Sunday that seeks to halt its oil exports to the European Union (EU).The bill calls for a ban of ... Read more...

Posted in Business |

Sanctions will push up oil prices: Iran


January 25th, 2012 - 3:44 am ICT by IANS
Tehran, Jan 25 (IANS) The European Union's (EU) oil embargo against Iran will push oil prices higher and undermine the world economy, Tehran warned Tuesday.The EU has used oil as ... Read more...

Posted in Business |

Will keep buying Iranian oil, says India


January 17th, 2012 - 11:49 pm ICT by IANS
New Delhi, Jan 17 (IANS) India Tuesday said it will continue buying Iranian oil despite US sanctions and is not about to seek a waiver from Washington."We have accepted sanctions ... Read more...

Posted in Business |

Global festival to unveil facets of ayurveda


January 17th, 2012 - 6:08 pm ICT by IANS
Thiruvananthapuram, Jan 17 (IANS) Some leading practitioners of ayurveda will speak on various facets of the traditional form of medicine at the global festival, starting here Feb 9, organisers said.The ... Read more...

Posted in Health |

Twinkling, bejewelled Indian wedding cards - got one yet? (With Images)


January 17th, 2012 - 2:37 pm ICT by IANS
New Delhi, Jan 17 (IANS) They could be Swarovski studded, they could match the bride's trousseau, they could come in multiple folds and, yes, they might just cost Rs.100,000 (about ... Read more...

Posted in Life Style |

Excise official’s anticipatory bail plea dismissed


January 13th, 2012 - 11:01 pm ICT by IANS
New Delhi, Jan 13 (IANS) A special Central Bureau of Investigation (CBI) court Friday dismissed the anticipatory bail application of Central Excise Commissioner A.K. Srivastava, who had allegedly demanded a ... Read more...

Posted in Uncategorized |

CBI oppose bail plea of excise commissioner (Lead)


January 12th, 2012 - 11:37 pm ICT by IANS
New Delhi, Jan 12 (IANS) The Central Bureau of Investigation (CBI) Thursday opposed the anticipatory bail application of Central Excise Commissioner A.K. Srivastava for allegedly demanding a bribe of Rs.60 ... Read more...

Posted in Uncategorized |

Bribe case: CBI custody of excise official extended till Jan 10


January 7th, 2012 - 9:19 pm ICT by IANS
New Delhi, Jan 7 (IANS) The Central Bureau of Investigation (CBI) custody of a central excise official and an alleged middleman were Saturday extended till Jan 10 by a special ... Read more...

Posted in Uncategorized |

Excise official sent to police custody


January 3rd, 2012 - 8:32 pm ICT by IANS
New Delhi, Jan 3 (IANS) A special Central Bureau of Investigation (CBI) court Tuesday remanded to four days judicial custody a superintendent of Central Excise along with a middleman for ... Read more...

Posted in Uncategorized |

Indian IT major automating Ethiopian customs system


December 30th, 2011 - 12:45 pm ICT by IANS
Addis Ababa, Dec 30 (IANS) An Indian IT major is assisting the Ethiopian Revenues and Customs Authority (ERCA) transform its valuation methodology to a transaction cost system from a minimum ... Read more...

Posted in Business |

Kochi connected to China via weekly cargo vessel


December 19th, 2011 - 3:35 pm ICT by IANS
Kochi, Dec 19 (IANS) The first weekly cargo vessel connecting Kochi to China berthed here Sunday, according to an announcement by the International Container Transhipment Terminal(ICTT).The M.V Irenes Reliance ... Read more...

Posted in Business |

Rupee to stay volatile on uncertain economic outlook


December 18th, 2011 - 5:35 pm ICT by IANS
New Delhi, Dec 18 (IANS) The Indian rupee, that has weakened almost 16 percent against the US dollar since the beginning of the year, is likely to remain volatile ... Read more...

Posted in Business |

Rupee slides to new low at 54.30 against dollar


December 15th, 2011 - 2:36 pm ICT by IANS
New Delhi, Dec 15 (IANS) The Indian rupee sank to a record low for the fourth straight day Thursday hitting 54.30 against a dollar in early trade, as importers ... Read more...

Posted in Business |

Rupee slide continues, now at another all-time low


December 14th, 2011 - 12:18 pm ICT by IANS
Mumbai, Dec 14 (IANS) The Indian rupee fell to another all-time intra-day low Wednesday to 53.75 to a dollar, amid continued demand for the greenback from importers and gloomy ... Read more...

Posted in Business |

Rupee recovers from record low but outlook gloomy


December 13th, 2011 - 7:16 pm ICT by IANS
Mumbai, Dec 13 (IANS) The Indian rupee, which Tuesday slipped to a new low of 53.50 to a US dollar intra-day, recovered a bit, but weakness in the currency persisted ... Read more...

Posted in Business |

S. Korea’s imported car sales grow in November


December 5th, 2011 - 4:59 pm ICT by IANS
Seoul, Dec 5 (IANS) Imported car sales in South Korea continued to grow last month due to strong demand for German brands, a trade association said Monday.Registration of imported vehicles ... Read more...

Posted in Business |

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