Old Hyderabad never sleeps for Eid shopping (Letter from Hyderabad)
August 16th, 2012 - 1:20 pm ICT by IANS
Hyderabad, Aug 16 (IANS) During Ramadan, shopping for Eid in the walled quarter of Hyderabad does not end with the night. In fact, it picks up at night with the ... Read more...
Posted in Life Style |
Steps to boost Indian apparel exports on anvil
August 7th, 2012 - 12:04 am ICT by IANS
Bangalore, Aug 6 (IANS) India's textiles ministry is mulling a series of measures to boost export of readymade garments (apparel) despite growing competition from countries like Bangladesh, Vietnam, Kampuchea and ... Read more...
Posted in Business |
Exports dip by 5.45 percent; trade deficit narrows (Lead)
July 13th, 2012 - 8:20 pm ICT by IANS
New Delhi, July 13 (IANS) India's exports dropped 5.45 percent to $25.07 billion in June, falling sharply for the second consecutive month due to weak demands in North America and ... Read more...
Posted in Business |
India’s exports decline by 4.16 percent in May
June 14th, 2012 - 8:42 pm ICT by IANS
New Delhi, June 14 (IANS) India's exports declined 4.16 percent in May to $25.68 billion as against $26.79 billion in the corresponding month of 2011, official data showed Thursday.The imports ... Read more...
Posted in Business |
Export target hinges on revival of global economy: Fitch
June 5th, 2012 - 8:30 pm ICT by IANS
Chennai, June 5 (IANS) The government's target of 20 percent growth in exports during 2012-13 would depend largely on the revival of global demand, said credit rating agency Fitch Ratings.The ... Read more...
Posted in Uncategorized |
Nigerian arrested with cocaine in Delhi
May 18th, 2012 - 12:56 am ICT by IANS
New Delhi, May 17 (IANS) A 32-year-old Nigerian was arrested for drug trafficking and cocaine worth over Rs. 1 crore seized from him, police said Thursday.Sunday Joseph was arrested Tuesday ... Read more...
Posted in Uncategorized |
Small businessmen suffer due to Zardari’s visit
April 8th, 2012 - 10:21 am ICT by IANS
Ajmer, April 8 (IANS) Pakistani President Asif Ali Zardari's visit to the shrine of Khwaja Moinuddin Chishti might make diplomatic waves but it is small businessmen who will bear the ... Read more...
Posted in Uncategorized |
India’s exports rise 6.7 percent in December
January 16th, 2012 - 6:04 pm ICT by IANS
New Delhi, Jan 16 (IANS) India's exports grew 6.7 percent to $25 billion in December 2011, while imports rose to $37.8 billion, leaving a trade deficit of $12.8 billion for ... Read more...
Posted in Uncategorized |
India’s exports rose 33.2 percent in Apr-Nov
December 9th, 2011 - 6:24 pm ICT by IANS
New Delhi, Dec 9 (IANS) India's exports rose by 33.2 percent to $192.7 billion in the first eight months of 2011-12 while imports during the same period increased to $309.5 ... Read more...
Posted in Business |
Export growth slows to 10.8 percent in October; deficit widens
November 8th, 2011 - 5:43 pm ICT by IANS
New Delhi, Nov 8 (IANS) India's exports growth slumped to 10.8 percent in October pushing trade deficit to a four-year high as turbulence in US and European economies affected demand ... Read more...
Posted in Uncategorized |
Court prayer of another kind - a month after blast
October 7th, 2011 - 5:08 pm ICT by IANS
New Delhi, Oct 7 (IANS) Courts are quite used to 'prayers' in petitions. But Friday's prayers at the Delhi High Court complex were different as families of the Sep 7 ... Read more...
Posted in Uncategorized |
Exports up 44.2 percent in August; deficit widens to $14.1 bn
September 9th, 2011 - 6:58 pm ICT by IANS
New Delhi, Sep 9 (IANS) India's exports increased by 44.2 percent to $24.3 billion in August, while imports rose 41.8 percent to $38.4 billion, leading to a trade deficit of ... Read more...
Posted in Business |
Two Nigerians held for running lottery scam
June 17th, 2011 - 1:17 am ICT by IANS
New Delhi, June 16 (IANS) Two Nigerians acused of running a fake lottery scam were arrested from in south Delhi, police said Thursday."The accused have been identified as Igbinovia Osayando ... Read more...
Posted in Uncategorized |
No more FDI in Bangladesh garment sector
May 16th, 2011 - 1:08 pm ICT by IANS
Dhaka, May 16 (IANS) Conceding demands from the readymade garments industry, the Bangladesh government has said it will not allow any more foreign direct investment (FDI) in the country's money-spinning ... Read more...
Posted in Uncategorized |
Stop FDI, says Bangladesh’s garments industry
May 6th, 2011 - 1:11 pm ICT by IANS
Dhaka, May 6 (IANS) Bangladesh's readymade garments industry, the country's highest foreign exchange earner, has demanded that the government stop all foreign direct investment (FDI) as it is "unable to ... Read more...
Posted in Business |
MAT imposed to stop tax distortion: Official
April 13th, 2011 - 9:57 pm ICT by IANS
Kolkata, April 13 (IANS) Minimum Alternative Tax (MAT) is imposed in the special economic zones (SEZs) to stop distortion in direct taxes for the better interest of the country, a ... Read more...
Posted in Business |
Kolkata traders make hay selling campaign gear
April 13th, 2011 - 1:38 pm ICT by IANS
Kolkata, April 13 (IANS) From caps to vests, saris to hair clips, umbrellas to flashlights -- almost everything has a party symbol on it these days. City traders are ... Read more...
Posted in Politics |
CII, FICCI welcome withdrawal of service tax on healthcare
March 22nd, 2011 - 10:34 pm ICT by ANI
New Delhi, Mar 22 (ANI): The Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI) have welcomed the decision of Union Finance Minister Pranab Mukherjee ... Read more...
Posted in National |
Healthcare tax withdrawn as Lok Sabha passes Finance Bill
March 22nd, 2011 - 8:35 pm ICT by IANS
New Delhi, March 22 (IANS) Finance Minister Pranab Mukherjee Tuesday withdrew the proposed 5 percent service tax on healthcare after protests from lawmakers and the medical fraternity, even as ... Read more...
Posted in Health |
Garment manufacturers protest duty on branded items
March 15th, 2011 - 7:32 pm ICT by IANS
New Delhi, March 15 (IANS) Thousands of garment manufacturers from various parts of India, some of them clad in their undergarments, Tuesday marched to parliament, protesting the 10 percent ... Read more...
Posted in Business |
Two-day shutdown called in garment, hosiery industry
March 12th, 2011 - 11:24 pm ICT by IANS
Kolkata, March 12 (IANS) The readymade garment and hosiery industry Saturday has called for a two-day shutdown in the industry across the country from March 14 to protest imposition of ... Read more...
Posted in Uncategorized |
Hosiery, garment associations call strike
March 3rd, 2011 - 9:17 pm ICT by IANS
Kolkata, March 3 (IANS) Six hosiery and garment associations have called for a nationwide strike Friday demanding rollback of the 10 percent excise duty imposed on readymade garments in the ... Read more...
Posted in Business |
Man held with 209 kg of marijuana
February 21st, 2011 - 10:13 pm ICT by IANS
New Delhi, Feb 21 (IANS) A man was arrested in the national capital with 209 kg of marijuana worth nearly Rs.10 lakh, police said Monday."Virender Singh, 37, was apprehended near Yamuna Bank ... Read more...
Posted in Uncategorized |
India, Japan signs CEPA to boost trade
February 16th, 2011 - 6:57 pm ICT by ANI
Tokyo, Feb 16 (ANI): Union Commerce and Industry Minister Anand Sharma and Japanese Foreign Minister Seiji Maehara signed the Comprehensive Economic Partnership Agreement (CEPA) here on Wednesday to give greater impetus to ... Read more...
Posted in National |
Bangladesh workers resume production as Hasina gets tough
December 14th, 2010 - 3:04 pm ICT by IANS
Dhaka, Dec 14 (IANS) Production partially resumed in garment factories in Bangladesh Tuesday as Prime Minister Sheikh Hasina ordered tough action against the agitators in a bid to end violence ... Read more...
Posted in Business |
Pakistani exports show upward trend
December 1st, 2010 - 4:26 pm ICT by IANS
By Awais Saleem
Islamabad, Dec 1 (IANS) The exports by Pakistani manufacturers have touched $7.8 billion in the first four months of ongoing 2010-11 fiscal, which marks a substantial 14 percent increase compared ... Read more...
Posted in South Asia |
Big Japanese aid for Bangladesh bridge
November 30th, 2010 - 1:05 pm ICT by IANS
Dhaka, Nov 30 (IANS) Japan will provide an additional $100 million to Bangladesh for the construction of a bridge over the Padma river.The announcement came Monday evening in Tokyo in ... Read more...
Posted in Business |
Products by jail inmates popular at New Delhi’s Trade Fair
November 17th, 2010 - 6:44 pm ICT by ANI
New Delhi, Nov.17 (ANI): Products made by Tihar jail inmates are attracting visitors in the ongoing India International Trade Fair (IITF) in New Delhi.Handicrafts, showpieces, snacks, gift items and readymade garments are ... Read more...
Posted in Feature |
Indians want upgrade on trade with China on Silk Route
November 16th, 2010 - 1:28 pm ICT by IANS
By Syed Zarir Hussain
Nathu La (Sikkim), Nov 16 (IANS) Indian traders have urged the government to review the list of items tradable with China to boost business through the fabled Silk Route."The ... Read more...
Posted in Business |
Artisans from across the country assemble for ‘Shilpotsav 2010′ at Delhi Haat
October 16th, 2010 - 10:24 pm ICT by ANI
New Delhi, Oct. 16 (ANI): Shilpotsav 2010, the annual fair of artisans from different parts of the country commenced here on Saturday at Dilli Haat near INA Market.The participating artistes and workers ... Read more...
Posted in National |
Mixed response in Ayodhya to apex court’s stay on verdict
September 23rd, 2010 - 10:04 pm ICT by IANS
Ayodhya, Sep 23 (IANS) The Supreme Court's decision to stay, till Sep 28, the pronouncement of the verdict in the Ram Janmabhoomi-Babri Masjid title case by the Lucknow bench of the Allahabad ... Read more...
Posted in Uncategorized |
India’s exports up 22.5 percent; trade deficit widens
September 15th, 2010 - 4:47 pm ICT by IANS
New Delhi, Sep 15 (IANS) India's exports rose 22.5 percent to $16.64 billion in August as against a 13.2 percent growth in the previous month, helped by a revival in the demand ... Read more...
Posted in Business |
Foreign trade policy to be reviewed Monday
August 20th, 2010 - 6:57 pm ICT by IANS
New Delhi, Aug 20 (IANS) Commerce and Industry Minister Anand Sharma will Monday announce annual supplement to the foreign trade policy amid slower growth in exports that might force the government to ... Read more...
Posted in Business |
India’s trade gap widens to $13 bn in July as exports drop
August 17th, 2010 - 5:06 pm ICT by IANS
New Delhi, Aug 17 (IANS) India's trade deficit widened to $12.93 billion in July as exports fell short of target due to lower demand of leather, handicrafts and readymade garments in the ... Read more...
Posted in Business |
EU concerned over garment sector violence in Bangladesh
July 6th, 2010 - 1:05 pm ICT by IANS
Dhaka, July 6 (IANS) The European Union (EU), whose member-nations are among the major importers of Bangladeshi readymade garments, has expressed "concern" at the prospects of consignment delays caused by continuing industrial ... Read more...
Posted in Business |