India pledges $10 bn to IMF for Eurozone
June 19th, 2012 - 8:03 am ICT by IANS
Los Cabos (Mexico), June 19 (IANS) India Monday pledged $10 billion to the International Monetary Fund (IMF) to help Eurozone countries out of the current crisis and prevent adverse fallout ... Read more...
Posted in Business |
India can grow 8-9 percent for 20 years: Montek Ahluwalia
May 18th, 2012 - 11:48 am ICT by IANS
New York, May 18 (IANS) India can grow at between 8 or 9 percent for the next 20 years with a supportive global environment, its Planning Commission's Deputy Chairman Montek ... Read more...
Posted in Business |
Capital gains tax on private equity lowered
May 7th, 2012 - 8:18 pm ICT by IANS
New Delhi, May 7 (IANS) The central government Monday announced the lowering of capital gains tax on private equity investments to 10 percent from the existing 20 percent."Currently, long ... Read more...
Posted in Business |
Raise depreciation rate to boost investment: CII
February 26th, 2012 - 11:31 am ICT by IANS
New Delhi, Feb 26 (IANS) The government should raise the depreciation rate for energy efficient technologies and plant and machinery to help companies go green and boost private investment, the ... Read more...
Posted in Business |
Manufacturing policy is designed to create jobs: CII
November 13th, 2011 - 1:21 pm ICT by IANS
New Delhi, Nov 13 (IANS) The National Manufacturing Policy (NMP) provides special emphasis on the micro, small and medium enterprises (MSME) which will help in promotion of employment intensive industries ... Read more...
Posted in Business |
Capitol One to acquire HSBC’s domestic credit card business for $2.6 billion
August 10th, 2011 - 8:49 pm ICT by BNO News
MCLEAN, VIRGINIA (BNO NEWS) -- Capital One Financial Corporation on Wednesday announced that it has agreed to acquire HSBC's domestic credit card business, including its approximately $30 billion credit card portfolio, for ... Read more...
Posted in Business |
US to focus economic dialogue on India’s vast potential (Lead)
June 23rd, 2011 - 7:02 pm ICT by IANS
Washington, June 23 (IANS) A high-level India-US economic dialogue here next week will seek to tap vast opportunities offered by one of the fastest-growing economies in the world ... Read more...
Posted in Uncategorized |
India-US economic dialogue to focus on India’s vast potential
June 23rd, 2011 - 11:11 am ICT by IANS
Washington, June 23 (IANS) Finance Minister Pranab Mukherjee and US Treasury Secretary Timothy Geithner will lead a high-level economic dialogue here next week aimed at seeking to tap vast ... Read more...
Posted in Business |
Global crude prices to come down shortly: Montek
February 4th, 2011 - 9:28 pm ICT by IANS
Kolkata, Feb 4 (IANS) The ongoing Egyptian crisis is a temporary phenomenon and global crude oil prices, which are hovering around a two-year high due to the violent unrest in the African ... Read more...
Posted in Business |
The Thai Capital Fund Announces Date of Annual Meeting for 2010
March 3rd, 2010 - 2:39 am ICT by BNO News
JERSEY CITY, NJ -- (Marketwire) -- 03/02/10 -- The Thai Capital Fund, Inc. (NYSE Amex: TF), a closed-end management investment company which seeks long-term capital appreciation through investment primarily in Thai equity ... Read more...
Posted in Press Release |
It’s a balanced, growth-oriented buget, says USIBC
February 27th, 2010 - 11:22 am ICT by IANS
By Arun Kumar
Washington, Feb 27 (IANS) The US India Business Council has hailed India's new budget saying it lays a strong foundation for the country to attract needed investment, spur innovation ... Read more...
Posted in Business |
Highlights of Economic Survey 2008-09
July 2nd, 2009 - 2:07 pm ICT by ANI
New Delhi, July 2 (ANI): Finance Minister Pranab Mukherjee presented the Economic Survey 2008-09 to Parliament today.The highlights of the Economic Survey 2008-09 are as follows:1. Economic growth decelerates to 6.7 ... Read more...
Posted in National |
The India Fund announces final results of semi-annual repurchase offer
March 25th, 2008 - 12:39 pm ICT by admin
New York, Mar 25 (ANI/Business Wire India): The India Fund announced the final results of the Fund's semi-annual repurchase offer for its shares of common stock.
The repurchase offer and withdrawal ... Read more...
Posted in South Asia |