previous year

Time magazine terms Manmohan Singh underachiever


July 8th, 2012 - 4:46 pm ICT by IANS
New Delhi, July 8 (IANS) Time magazine has termed Prime Minister Manmohan Singh an "underachiever", flaying him for not acting decisively when the country's economy was slowing.The magazine features ... Read more...

Posted in Business |

India, Mauritius agree to push for trade pact


July 6th, 2012 - 8:09 pm ICT by IANS
New Delhi, July 6 (IANS) India and Mauritius Friday agreed to hasten negotiations on the proposed Preferential Trade Agreement, with a view to boost bilateral trade and enhance economic engagements.Mauritian ... Read more...

Posted in Business |

Nine percent growth not possible in 12th Plan: Montek


July 6th, 2012 - 7:24 pm ICT by IANS
New Delhi, July 6 (IANS) It is not possible to achieve 9 percent economic growth during the 12th Five Year Plan period that began April 1, 2012, Planning Commission ... Read more...

Posted in Business |

Rains lash Lucknow, parts of UP


July 5th, 2012 - 10:50 am ICT by IANS
Lucknow, July 5 (IANS) Heavy rains lashed Lucknow and other parts of Uttar Pradesh early Thursday, bringing respite from the hot and muggy weather. The downpour is likely to continue ... Read more...

Posted in Environment |

India’s mobile handsets sales cross 50 mn in Jan-March


July 3rd, 2012 - 8:04 pm ICT by IANS
New Delhi, July 3 (IANS) India's mobile handsets sales crossed 50 million units in the Jan-March quarter, up 9.1 percent from the like period of the previous year, with Nokia ... Read more...

Posted in Sci-Tech |

German birth rate hits all-time low


July 3rd, 2012 - 3:20 am ICT by IANS
Berlin, July 3 (IANS) Birth rate in Germany, Europe's most-populous nation, hits all time low, with merely 663,000 children born in 2011, down by 2.2 percent, as compared with the ... Read more...

Posted in Health Science |

E-filing of returns must for people earning over Rs.10 lakh


July 2nd, 2012 - 7:29 pm ICT by IANS
New Delhi, July 2 (IANS) The government has made it compulsory for the people earning more than Rs.10 lakh to file their income tax returns electronically.The Central Board of Direct ... Read more...

Posted in Business |

India’s exports fall in May


July 2nd, 2012 - 5:22 pm ICT by IANS
New Delhi, July 2 (IANS) India's exports dropped by 4.16 percent to $25.68 billion in May due to sluggish demand in European countries, government data showed Monday.Imports also declined by ... Read more...

Posted in Business |

Maruti Suzuki’s June sales rise 20 percent


July 2nd, 2012 - 4:55 pm ICT by IANS
Mumbai, July 2 (IANS) Passenger car market leader Maruti Suzuki Monday reported a 20.3 percent increase in sales, including exports, at 96,597 vehicles in June from 80,298 units sold in ... Read more...

Posted in Business |

Core industries post 3.8 percent growth in May


June 29th, 2012 - 9:00 pm ICT by IANS
New Delhi, June 29 (IANS) India's core industries that include electricity, coal, steel, cement, crude oil and natural gas, registered a sluggish 3.8 percent growth in May this year as ... Read more...

Posted in Business |

UCO Bank focusing on lending to retail, SME and farm sector


June 26th, 2012 - 9:43 pm ICT by IANS
Kolkata, June 26 (IANS) UCO Bank is focusing on lending to retail, SME and farm sectors as the capital-to-risk weightage was lower in these categories, the bank's chairman said Tuesday.Bank's ... Read more...

Posted in Business |

Rains in Uttar Pradesh to be late by almost a week


June 26th, 2012 - 12:29 pm ICT by IANS
Lucknow, June 26 (IANS) Met officials in Uttar Pradesh said Tuesday that the monsoon in most parts of the state is set to arrive late by almost a week.Added to ... Read more...

Posted in Environment |

Pakistan’s 3.7 percent GDP growth encouraging: Bank


June 23rd, 2012 - 4:05 pm ICT by IANS
Islamabad, June 23 (IANS) Pakistan's economic growth of 3.7 percent in the 2011-12 fiscal year was encouraging given the adverse effects of energy shortage, oil price rise and damage to ... Read more...

Posted in South Asia |

China saw more marriages and divorces in 2011


June 21st, 2012 - 6:15 pm ICT by IANS
Beijing, June 21 (IANS) China recorded more weddings and more cases of divorce in 2011 compared to the previous year, the ministry of civil affairs said Thursday.Civil affairs authorities nationwide ... Read more...

Posted in Uncategorized |

Import of sensitive items rises nearly 43 percent in 2011-12


June 20th, 2012 - 9:35 pm ICT by IANS
New Delhi, June 20 (IANS) Import of sensitive items such as fruits, vegetables, edible oil and milk surged 42.8 percent to Rs.100,911 crore in the financial year ended March 31, ... Read more...

Posted in Business |

India’s potential growth rate has come down: RBI


June 19th, 2012 - 8:55 pm ICT by IANS
Mumbai, June 19 (IANS) A day after keeping the key policy rates steady, the central bank Tuesday said India's potential of maintaining a high economic growth has come down."Potential growth ... Read more...

Posted in Business |

Boxer Mayweather biggest grosser, Woods third on list


June 19th, 2012 - 3:27 pm ICT by IANS
Washington, June 19 (IANS) Tiger Woods fell to third in the list of the 100 highest-paid athletes released by Forbes magazine, trailing boxers Floyd Mayweather and Manny Pacquiao.The former ... Read more...

Posted in Sports |

South African Airways is sole carrier on Mumbai-Johannesburg route


June 14th, 2012 - 9:38 pm ICT by IANS
Mumbai, June 14 (IANS) South African Airways, country's national carrier, has announced an addition to its current Johannesburg-Mumbai frequency starting Saturday, offering a five-days-a-week service. Due to an even stronger ... Read more...

Posted in Business |

Inflation to remain between 6.5-7.5 percent: Mukherjee (Lead)


June 14th, 2012 - 4:37 pm ICT by IANS
New Delhi, June 14 (IANS) Finance Minister Pranab Mukherjee Thursday said he is "confident" that the headline inflation will remain between 6.5-7.5 percent in 2012-13, even as the government ... Read more...

Posted in Business |

Kolkata Port profits up 29 percent, cargo handling down


June 12th, 2012 - 8:56 pm ICT by IANS
Kolkata, June 12 (IANS) The Kolkata Port Trust (KoPT) Tuesday declared its net profit for the last fiscal at Rs.90 crore -- a jump of 28.57 percent over the Rs.70 ... 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 |

China’s exports up 15 percent


June 11th, 2012 - 6:09 pm ICT by IANS
Beijing, June 11 (IANS) China's exports rose by over 15 percent in May, from the previous year, as shipments to the US increased significantly and trade with the European Union ... Read more...

Posted in Business |

Himachal asks banks to invest in infrastructural financing


June 8th, 2012 - 7:44 pm ICT by IANS
Shimla, June 8 (IANS) The Himachal Pradesh government Friday asked banks to invest in infrastructural financing and focus on micro financing in the state.Addressing bankers here, Chief Secretary Sudripta Roy ... Read more...

Posted in Business |

Direct tax collection rises 13 percent in 2011-12


June 6th, 2012 - 8:43 pm ICT by IANS
New Delhi, June 6 (IANS) Gross direct tax collection grew by 13.02 percent to Rs.5,90,077 crore in the financial year ended March 31, 2012 as compared to Rs.5,22,104 crore in ... Read more...

Posted in Business |

Tripura registers record rise in tax collection


June 2nd, 2012 - 6:21 pm ICT by IANS
Agartala, June 2 (IANS) Tripura registered a record 38.24 percent increase in collection of taxes from different sources in the last 2011-12 fiscal against the national average of 24 percent, ... Read more...

Posted in Business |

No new taxes in Akhilesh’s maiden UP budget


June 1st, 2012 - 4:08 pm ICT by IANS
Lucknow, June 1 (IANS) Presenting his maiden budget Friday amid uproar and a walkout by the main opposition Bahujan Samaj Party (BSP), Uttar Pradesh Chief Minister Akhilesh Yadav announced ... Read more...

Posted in Politics |

India’s economic growth dips to 9-year low of 5.3 percent (Roundup)


May 31st, 2012 - 8:41 pm ICT by IANS
New Delhi, May 31 (IANS) India's economic growth slumped to 5.3 percent in the January-March quarter, the slowest in nine years, dragged by contraction in the manufacturing sector due ... Read more...

Posted in Business |

Core industries growth falls to 2.2 percent in April


May 31st, 2012 - 8:18 pm ICT by IANS
New Delhi, May 31 (IANS) Growth in eight core industries fell to 2.2 percent in April as compared to 4.2 percent registered during the corresponding month of previous year, due ... Read more...

Posted in Business |

India’s GDP growth dips to 9-year low of 5.3 percent (Lead)


May 31st, 2012 - 3:39 pm ICT by IANS
New Delhi, May 31 (IANS) India's economic growth slumped to 5.3 percent in January-March quarter, the slowest in nine years, due to poor performance of manufacturing and farm sectors, ... Read more...

Posted in Business |

India’s economic growth slumps to 6.5 percent in 2011-12


May 31st, 2012 - 1:42 pm ICT by IANS
New Delhi, May 31 (IANS) India's economic growth slumped to three-year low of 6.5 percent in 2011-12, as compared to 8.4 percent in the previous year, due to poor performance ... Read more...

Posted in Business |

EIH posts 90 percent hike in net profit


May 29th, 2012 - 11:52 pm ICT by IANS
Kolkata, May 29 (IANS) EIH Limited, a member of The Oberoi Group, Tuesday announced that it has clocked a 89.68 percent hike in its net profit to Rs.122.42 crore during ... Read more...

Posted in Business |

108 jailbirds clear secondary exams in Bengal


May 29th, 2012 - 11:20 pm ICT by IANS
Kolkata, May 29 (IANS) Jail inmates in West Bengal have scripted a success story, with over 100 of them passing the Madhyamik (Secondary) examination and outperforming general students in the ... Read more...

Posted in Uncategorized |

GPF interest rate raised to 8.8 percent


May 24th, 2012 - 9:16 pm ICT by IANS
New Delhi, May 24 (IANS) The government Thursday said deposits under the General Provident Fund (GPF) will attract 8.8 percent interest in 2012-13 against 8.6 percent in the previous year."The ... Read more...

Posted in Business |

TVS logs 28 percent net profit, to launch new vehicles


May 24th, 2012 - 7:55 pm ICT by IANS
Chennai, May 24 (IANS) Closing last fiscal with 28 percent growth in its after-tax profit, two- and three-wheeler maker TVS Motor Company announced Thursday that it would launch an executive ... Read more...

Posted in Business |

« Previous Entries Next Entries »

Subscribe