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National Policy on IT approved


September 21st, 2012 - 7:22 pm ICT by IANS
New Delhi, Sep 21 (IANS) The National Policy on Information Technology 2012, which envisages the growth of the IT market to $300 billion and creation of another 10 million jobs ... Read more...

Posted in Business |

August exports decline by 9.7 percent


September 13th, 2012 - 9:54 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government Thursday said India's exports during August 2012 declined by 9.7 percent and stood at $22.3 billion from $24.7 billion in the corresponding month ... Read more...

Posted in Business |

Industrial output in July grows at 0.1 percent


September 12th, 2012 - 5:27 pm ICT by IANS
New Delhi, Sep 12 (IANS) India's industrial production grew in July, reversing the contraction in June, but at a marginal 0.1 percent from a year earlier, government data showed Wednesday.According ... Read more...

Posted in Business |

Russia denies ’systemic crisis’ in space industry


September 7th, 2012 - 11:30 pm ICT by IANS
Moscow, Sep 7 (IANS/RIA Novosti) The Russian space industry is not in a crisis despite some local problems, Deputy Prime Minister Dmitry Rogozin said Friday."There is no systemic crisis in ... Read more...

Posted in World |

Munda for development of Jharkhand’s infrastructure


September 6th, 2012 - 9:56 pm ICT by IANS
Ranchi, Sep 6 (IANS) Jharkhand Chief Minister Arjun Munda Thursday appealed to the Planning Commission to give special attention to developing the state's basic infrastructure.Munda speaking on the last day ... Read more...

Posted in Politics |

Faced with criticism, Chandy goes slow on ‘Emerging Kerala’ website


September 5th, 2012 - 8:42 pm ICT by IANS
Thiruvananthapuram, Sep 5 (IANS) Kerala Chief Minister Oommen Chandy Wednesday decided to go slow on updating the 'Emerging Kerala' website after his attempts at transparency turned ... Read more...

Posted in Business |

Austrian unemployment increases


September 4th, 2012 - 1:36 pm ICT by IANS
Vienna, Sep 4 (IANS) The Austrian unemployment rate rose to 6.2 percent in August despite improvement in sectors such as industry, trade and tourism, the APA reported.The total number of ... Read more...

Posted in Business |

China’s manufacturing activity slows to nine-month low (Lead)


September 1st, 2012 - 3:43 pm ICT by IANS
Beijing, Sep 1 (IANS) China's manufacturing activity further slid in August with the purchasing managers index (PMI) standing at 49.2 percent, the lowest pace in nine months.The PMI reading in ... Read more...

Posted in Uncategorized |

Iran ready to expand ties with North Korea


August 28th, 2012 - 12:02 am ICT by IANS
Tehran, Aug 27 (IANS) Iran is ready to increase its ties with North Korea in all fields, the Islamic country's foreign minister has said.Speaking while meeting his North Korean ... Read more...

Posted in World |

Only one hacking in last three years: Antony


August 22nd, 2012 - 9:05 pm ICT by IANS
New Delhi, Aug 22 (IANS) India's defence establishment has recorded only one breach of security by hackers from outside in the last three years, parliament was informed Wednesday.Defence Minister A.K. ... Read more...

Posted in Sci-Tech |

China expects S100 bn trade volume with India by 2015


August 17th, 2012 - 10:27 pm ICT by IANS
Kolkata, Aug 17 (IANS) Despite a fall in the volume of India-China bilateral trade for the first half of the current year, China remained upbeat over trade prospects with India ... Read more...

Posted in Business |

India’s aluminium demand to grow 7-8 per cent: NALCO


August 14th, 2012 - 5:38 pm ICT by IANS
Bhubaneswar, Aug 14 (IANS) India's aluminium demand is expected to grow at 7-8 per cent annually, B.L. Bagra, chairman of the state-run National Aluminium Company (NALCO) said Tuesday."The demand in ... Read more...

Posted in Business |

Left, BJP for debate on economy, price rise


August 13th, 2012 - 3:49 pm ICT by IANS
New Delhi, Aug 13 (IANS) The BJP and the Left Monday demanded a debate in the Lok Sabha on stagnating economy and high prices of essential items.Communist Party of ... Read more...

Posted in Politics |

Low cost tablets gain market share


August 12th, 2012 - 6:07 pm ICT by IANS
New Delhi, Aug 12 (IANS) Low-cost sleek tablets, some with exceptional features, have flooded the price-conscious Indian market in recent months, challenging expensive brands.According to Vishal Tripathi, principal research analyst, ... Read more...

Posted in Sci-Tech |

Singapore’s GDP contracts


August 10th, 2012 - 2:18 pm ICT by IANS
Singapore, Aug 10 (IANS) Singapore's economy shrank by 0.7 percent on quarter in the second quarter, reversing the 9.5 percent growth in the previous quarter, said trade and industry ministry ... Read more...

Posted in Business |

Australian construction industry in doldrums


August 7th, 2012 - 1:47 pm ICT by IANS
Sydney, Aug 7 (IANS) Construction activity in Australia fell in July for the 26th straight month because of ongoing poor demand for work and subdued workloads, a survey released Tuesday ... Read more...

Posted in Uncategorized |

‘Education, skill development top priority of 12th Plan’


August 6th, 2012 - 11:54 pm ICT by IANS
Kolkata, Aug 6 (IANS) Education and skill development would be the "overriding priority" of the 12th Five Year Plan even as India's current slow economic growth rate might affect total ... Read more...

Posted in Business |

Wadia Group companies form structure for common interests


August 6th, 2012 - 9:46 pm ICT by IANS
Kolkata, Aug 6 (IANS) The Wadia Group has floated a formal structure under NowrosjeeWadia & Sons Ltd (NWS) to help group companies in sectors like food, airline, textile and ... Read more...

Posted in Business |

India allows investments from Pakistan


August 1st, 2012 - 6:48 pm ICT by IANS
New Delhi, Aug 1 (IANS) In a major step towards normalising economic relations, India Wednesday announced changes in regulation to allow investment from Pakistani firms and individuals.The Department of Industrial ... Read more...

Posted in Business |

Allahabad Bank Q1 net profit jumps 23 percent


July 30th, 2012 - 6:01 pm ICT by IANS
Kolkata, July 30 (IANS) State-run Allahabad Bank Monday reported a 23 percent jump in net profit at Rs.5.14 billion in the quarter ended June 2012 from Rs 4.18 billion in ... Read more...

Posted in Business |

Japan’s factory output drops


July 30th, 2012 - 2:55 pm ICT by IANS
Tokyo, July 30 (IANS) Japan's industrial output was down 0.1 percent in June from the previous month, marking the third consecutive month of contraction, a government report said Monday.The index ... Read more...

Posted in Business |

US firm to supply X-ray machines to Myanmar


July 17th, 2012 - 5:06 am ICT by IANS
Yangon, July 17 (IANS) American company General Electric (GE) has signed a $2-million deal with a Myanmar firm to supply X-ray machines for hospitals.This is Myanmar's first private business deal ... Read more...

Posted in Business |

Haryana industrial production grows at 6 percent


July 10th, 2012 - 7:13 pm ICT by IANS
Chandigarh, July 10 (IANS) Industrial production in Haryana in 2011-12 recorded a growth of six percent over 2010-11, a government spokesman said here Tuesday.He said that the growth was higher ... 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 |

US service sector grows in June


July 6th, 2012 - 3:45 am ICT by IANS
Washington, July 6 (IANS) The US non-manufacturing sector expanded for the 30th straight month in June, but at a slower pace, a survey revealed Thursday.The Non-Manufacturing Index (NMI), which measures ... Read more...

Posted in Business |

India-Nepal trade could reach $10 bn by 2017: Envoy


July 5th, 2012 - 10:36 pm ICT by IANS
Kolkata, July5 (IANS) Bilateral trade between India and Nepal could touch $10 billion over the next five years, its envoy to India said Thursday."Our trade with India has shown good ... Read more...

Posted in South Asia |

Aadhaar to pilot pensions, wages in 50 districts, says Ramesh


July 1st, 2012 - 6:55 pm ICT by IANS
Agartala, July 1 (IANS) Aadhaar numbers, the unique 12-digit identification numbers given to residents of India, will soon be used to provide pensions, wages to workers and scholarships to students ... Read more...

Posted in Politics |

BSF, Pakistan Rangers to meet in Delhi


July 1st, 2012 - 6:43 pm ICT by IANS
New Delhi, July 1 (IANS) An 18-member team of Pakistan Rangers arrived here Sunday on a four-day bi-annual meeting with the Border Security Force (BSF) starting Monday.Headed by Director General ... Read more...

Posted in South Asia |

India to host Afghanistan investment summit


June 25th, 2012 - 11:02 pm ICT by IANS
New Delhi, June 25 (IANS) India will Thursday host an investment summit focusing on Afghanistan, aiming to attract foreign investment into the war-ravaged nation, a statement said. The summit, organised ... Read more...

Posted in South Asia |

China, US firms sign deal worth $3.4 bn


June 23rd, 2012 - 6:51 pm ICT by IANS
Beijing, June 23 (IANS) Chinese and US enterprises have signed investment contracts worth $3.4 billion during a business forum.The forum was held in eastern China's Jiangsu province.Eighty-five companies from 21 ... Read more...

Posted in South Asia |

Chandigarh hit by major power outage for hours


June 21st, 2012 - 2:03 pm ICT by IANS
Chandigarh, June 21 (IANS) A major technical snag hit the power supply in Chandigarh, resulting in a complete blackout in most areas of the city beautiful for long hours Wednesday ... Read more...

Posted in Business |

Jet Airways to suspend Brussels-New York flight


June 15th, 2012 - 8:29 pm ICT by IANS
Mumbai, June 15 (IANS) Private carrier Jet Airways Friday announced plans to axe its Brussels-New York (JFK) service from Sep 10 this year in view of the current global economic ... 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 |

‘Joint effort needed to eliminate fake goods’


June 13th, 2012 - 5:46 pm ICT by IANS
New Delhi, June 13 (IANS) Consumer awareness is the key to curb the growing menace of counterfeit goods, which is widespread across the country right from fake medicines, automobile parts ... 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 |

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