purchasing power

Ahead of Diwali, Surat textile industry faces slump


October 24th, 2010 - 9:34 pm ICT by ANI
By Sanjeev AminSurat, Oct.24 (ANI): The textile industry of Surat in Gujarat well known across the country, is facing a slump despite high preparations for the upcoming festive season.According to the President ... Read more...

Posted in Feature |

Shipping industry needs to expand, modernize and become competitive: President Patil


October 2nd, 2010 - 10:34 pm ICT by ANI
New Delhi, Oct.2 (ANI): President Pratibha Patil said on Saturday that there is a need for the shipping industry to continuously expand, modernize and become competitive.Speaking on the golden jubilee ceremony ... Read more...

Posted in National |

‘Exports driving meat prices out of Pakistani people’s reach’


August 26th, 2010 - 7:14 pm ICT by IANS
Islamabad, Aug 26 (IANS) Meat, already out of the reach of the poor in Pakistan, will soon become too costly for most of the people unless the government steps in to ban ... Read more...

Posted in South Asia |

Shopping fever takes over urban Chinese women


August 25th, 2010 - 6:32 pm ICT by ANI
New Delhi, Aug 25 (ANI): A survey has found that urban Chinese women are spending more and saving less, pouring 63 percent of their income into consumer goods ranging from clothes to ... Read more...

Posted in South Asia |

Textile industry suffers in Surat


July 21st, 2010 - 5:46 pm ICT by ANI
By Uday AdharvayuGandhinagar, July 21 (ANI): The textile industry in Surat, Gujarat, suffers due to lack of buyers.Inflation has severely curtailed the purchasing power of consumers, which in turn has hit ... Read more...

Posted in National |

West Bengal releases three district human development reports


July 12th, 2010 - 5:37 pm ICT by ANI
Kolkata, July 12 (ANI): An in-depth study of three districts in West Bengal reveals that where you live can determine your well-being as there are wide variations in human development between districts ... Read more...

Posted in National |

Investment in food processing can create most jobs: Sahai


July 2nd, 2010 - 8:41 pm ICT by IANS
New Delhi, July 2 (IANS) Investment in the food processing sector in India can generate a higher rate of employment than in any other sector, Food Processing Industries Minister Subodh Kant Sahai ... Read more...

Posted in Business |

India happy over China’s currency move: Pranab Mukherjee


June 22nd, 2010 - 8:25 pm ICT by IANS
Washington, June 22 (IANS) India has welcomed China's decision to make its currency more flexible, saying it would help world trade. "India is happy over China's announcement for its flexible policy ... Read more...

Posted in World |

Economic downturn hits family spending in Italy


April 8th, 2010 - 6:57 pm ICT by IANS
Rome, April 8 (IANS/AKI) Italian families had less money to spend on non-essential items last year as the economic crisis deepened in Europe's fourth-richest country. According to government statistics agency, Istat, the average ... Read more...

Posted in Business |

Assocham seeks service tax exemption on rural sales


April 4th, 2010 - 2:21 pm ICT by IANS
New Delhi, April 4 (IANS) The Associated Chambers of Commerce and Industry of India (Assocham) has urged the government to exempt companies from paying service tax on marketing and sales promotions ... Read more...

Posted in Business |

‘India’s economic dynamism opens door for UAE firms’


April 3rd, 2010 - 10:44 pm ICT by IANS
Dubai, April 3, (IANS) The economic dynamism of India opens door for the investors from United Arab Emirates, Dubai Export Development Coroporation chief Saed Al Awadi said Saturday. "India is currently Dubai's ... Read more...

Posted in Business |

Secret Service rejects Obama’s request to convert presidential limo into hybrid vehicle


April 3rd, 2010 - 5:23 pm ICT by ANI
Washington, Apr. 3 (ANI): President Barack Obama has revealed that Secret Service has rejected his request to convert his presidential limousine into a hybrid vehicle due to security reasons."I asked can ... Read more...

Posted in World |

Mukherjee briefs Congress MPs on diesel, petrol prices (Lead)


March 3rd, 2010 - 6:45 pm ICT by IANS
New Delhi, March 3 (IANS) Finance Minister Pranab Mukherjee Wednesday indicated that there would no rollback in increase in central taxes on petrol and diesel and briefed the Congress MPs on ... Read more...

Posted in Politics |

Assocham projects high growth for Chhattisgarh


February 3rd, 2010 - 10:32 pm ICT by IANS
Raipur, Feb 3 (IANS) The Gross State Domestic Produce (GSDP) of Chhattisgarh is projected to go up by 110 percent in 2020 to Rs.102,19,292 crore from Rs.48,55,112 crore in 2008-09 fiscal, according ... Read more...

Posted in Business |

Indians major investors in Malaysian property sector


January 24th, 2010 - 3:05 pm ICT by ANI
Kuala Lumpur, Jan 24(ANI): Malaysian International Trade and Industry Minister Mustapa Mohamed has said that Indians spent almost 500 million ringgits over the past seven years purchasing properties in Malaysia, making them ... Read more...

Posted in World |

Inflation’s toll at Mahakumbh - few buyers for handicrafts


January 16th, 2010 - 2:53 pm ICT by IANS
By Madhusree Chatterjee Haridwar, Jan 16 (IANS) The banks of the holy Ganga here are teeming with hundreds of thousands of pilgrims for the Mahakumbh Mela, but very few among them are ... Read more...

Posted in Business |

Hasina seeks Indian investment, trade balance


January 12th, 2010 - 8:28 pm ICT by IANS
New Delhi, Jan 12 (IANS) Bangladesh Prime Minister Sheikh Hasina Tuesday invited India Inc to do business in her country, saying this would ensure trade balance between the neighbours. "We need to ... Read more...

Posted in Business |

Bangladesh clocks will strike New Year after an extra hour


December 31st, 2009 - 12:42 pm ICT by IANS
Dhaka, Dec 31 (IANS) The government has decided to restore Bangladesh standard time (BST) at midnight after Daylight Saving Time (DST) was introduced June 19 this year. A cabinet meeting chaired ... Read more...

Posted in Politics |

Recession adds nine million to ranks of Latin American poor


November 20th, 2009 - 3:47 pm ICT by IANS
Santiago, Nov 20 (EFE) The current global crisis will cause the number of poor people in Latin America to rise by nine million to 189 million this year, the UN Economic Commission ... Read more...

Posted in Business |

Wills Lifestyle plans 100 new stores, expansion of e-commerce


October 28th, 2009 - 2:33 pm ICT by IANS
By Shilpa Raina New Delhi, Oct 28 (IANS) It has completed a decade of operation and, with the market looking up, Wills Lifestyle plans to expand in a big way by opening ... Read more...

Posted in Business |

Pakistani traders doing brisk business in a Chandigarh fair


October 10th, 2009 - 11:17 pm ICT by ANI
Chandigarh, Oct 10(ANI): Pakistani traders participating in a Chandigarh fair are doing a brisk business as a large number of visitors are thronging to their stalls for exclusive fabrics and handicrafts.Organized ... Read more...

Posted in National |

Soaring gold prices worry Kerala jewelers, customers


September 10th, 2009 - 10:05 pm ICT by ANI
Kochi, Sep 10(ANI): With gold prices soaring across the country, bullion merchants, jewellers and even customers are a worried lot in Kerala.The disappointment looms large particularly in the context of the ... Read more...

Posted in National |

Indian economy recovering, deficit inevitable: Mukherjee (Roundup)


July 14th, 2009 - 7:06 pm ICT by IANS
New Delhi, July 14 (IANS) Finance Minister Pranab Mukherjee Tuesday said the Indian economy was showing signs of recovery even as he defended the government's high fiscal deficit and borrowing programme ... Read more...

Posted in Business |

Early signs of recovery for Indian economy: Mukherjee


July 14th, 2009 - 6:18 pm ICT by IANS
New Delhi, July 14 (IANS) The Indian economy is showing some early signs of recovery and the government will ensure that its policies help nurse the country back to high growth ... Read more...

Posted in Business |

Zulfi ties up with Suresh Raina to start clothes boutique


May 18th, 2009 - 11:55 am ICT by Sampurn Wire
Actor Zulfi Syed has collaborated with his friend and cricketing sensation Suresh Raina to open a snazzy clothes boutique in the latter's hometown Ghaziabad.Zulfi, who already owns a hi-end boutique called ... Read more...

Posted in Entertainment |

India number 39 in preferred retail markets ranking


April 29th, 2009 - 5:49 pm ICT by IANS
New Delhi, April 29 (IANS) India as a retail market continues to be attractive to a lot of global players but the progression from expression of interest to the actual setting up ... Read more...

Posted in Business |

Airlines urged to connect smaller cities to beat downturn


March 30th, 2009 - 7:07 pm ICT by IANS
Hyderabad, March 30 (IANS) The civil aviation sector should look for business opportunities in the economic downturn through innovation, ensuring more connectivity to smaller cities and targeting the middle class, a top ... Read more...

Posted in Business |

Spending money gives brain the same buzz as doing drugs


March 24th, 2009 - 5:21 pm ICT by ANI
London, Mar 24 (ANI): Spending money gives the same buzz as doing drugs, conclude scientists.According to researchers, splashing money stimulates the reward centres of the brain associated with types of addictive ... Read more...

Posted in Health Science |

Cyber cafes untapped hot spots for advertising: survey


March 18th, 2009 - 3:14 pm ICT by IANS
New Delhi, March 18 (IANS) With young adults comprising 90 percent of cyber cafes visitors in India, these informal getaways offer significant potential for advertising and brand promotion that is yet untapped ... Read more...

Posted in Sci-Tech |

Supply chain report reveals need to improve supplier awareness of climate change threats


March 8th, 2009 - 1:04 pm ICT by ANI
Washington, March 8 (ANI): The first ever global collaboration on climate change between major organisations and their suppliers has demonstrated the need for increased supplier awareness of the regulatory, physical and ... Read more...

Posted in Health Science |

UNWFP report says most of rural India malnourished


February 21st, 2009 - 1:43 pm ICT by ANI
New Delhi, Feb 21 (ANI): The United Nations World Food Programme (UNWFP) says that most rural Indians are victims of malnutrition, despite the introduction of several government schemes to end the ... Read more...

Posted in National |

Social justice an elusive goal for many people: UN


February 21st, 2009 - 5:01 am ICT by IANS
New York, Feb 21 (DPA) UN Secretary General Ban Ki-moon said Friday social justice is denied to too many people around the world as the UN celebrated its first World Day of ... Read more...

Posted in World |

23.3 million Asians jobless this year


February 18th, 2009 - 3:20 pm ICT by Amrit Rashmisrisethi
23.3 million Asians are jobless this year due to the global financial crisis continues to batter the region's economies, according to a study released on Wednesday.The crisis could also force rural-to-urban migration ... Read more...

Posted in Business |

ILO warns rising unemployment to push millions into poverty


February 18th, 2009 - 3:04 pm ICT by IANS
Manila, Feb 18 (DPA) More than 140 million people in Asia could be pushed into extreme poverty in 2009 as unemployment surges due to the global economic slowdown, an International Labour Organization ... Read more...

Posted in Uncategorized |

Pottery becoming a style statement in India


February 14th, 2009 - 3:11 pm ICT by ANI
By Sunil Sharma Chandigarh, Feb.14 (ANI): Though pottery has been in use since earliest stages of human civilization, in India and abroad it is witnessing a revival. The decoration conscious families ... Read more...

Posted in National |

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