stimulus package

Susidies to be cut soon, says Rangarajan (Lead)


June 29th, 2012 - 6:49 pm ICT by IANS
Kolkata, June 29 (IANS) The government could cut the subsidies on fuel and fertilisers soon to contain the ballooning fiscal deficit, C. Rangarajan, who heads the Prime Minister's Economic ... Read more...

Posted in Business |

Selective stimulus possible for industry: Rangarajan


June 29th, 2012 - 5:11 pm ICT by IANS
Kolkata, June 29 (IANS) Stating that action would be taken to cut the subsidy bill as early as possible, C. Rangarajan, chairman of the Economic Advisory Council of the prime ... Read more...

Posted in Business |

Sensex rebounds on rupee recovery (Lead)


June 8th, 2012 - 7:51 pm ICT by IANS
Mumbai, June 8 (IANS) A benchmark index of Indian equities markets Friday recouped early losses to be in the green zone, gaining 70 points with the recovery of the ... Read more...

Posted in Business |

Stimulus package needed to revive economic growth: Adi Godrej


June 1st, 2012 - 7:40 pm ICT by IANS
New Delhi, June 1 (IANS) The Reserve Bank of India should cut key policy rates by at least one percent, and the government needs to come out with stimulus package ... Read more...

Posted in Business |

Stimulus policies may hurt China economy: Experts


May 31st, 2012 - 3:08 pm ICT by IANS
Beijing, May 31 (IANS) A stimulus policy only to promote investments will be "dangerous" for a weakening Chinese economy as the excess production capacity may result in more serious economic ... Read more...

Posted in Business |

`Brazil ready to tackle ripple effects of eurozone crisis’


May 23rd, 2012 - 1:22 pm ICT by IANS
Rio de Janeiro, May 23 (IANS) Brazilian Finance Minister Guido Mantega has said that his country is ready to cope with any possible ripple effects the eurozone debt crisis may ... Read more...

Posted in Business |

China works on new consumption-stimulating policies


March 2nd, 2012 - 3:33 pm ICT by IANS
Beijing, March 2 (IANS) Chinese authorities are drafting new policies to spur domestic consumption, an official said Friday. Former assistant minister of commerce Huang Hai didn't reveal any detailed policies, ... Read more...

Posted in Uncategorized |

Philippine GDP growth slows in 2011


January 30th, 2012 - 1:27 pm ICT by IANS
Manila, Jan 30 (IANS) The Philippine economy slowed to 3.7 percent in 2011, dragged down by lower government spending, declining exports and slack farm growth."Amidst the obstinate exogenous economic woes, ... Read more...

Posted in Business |

No need for extra stimulus to boost growth: Montek


December 2nd, 2011 - 6:32 pm ICT by IANS
New Delhi, Dec 2 (IANS) Even as the Indian economy registered its slowest quarterly growth in over two years, Planning Commission Deputy Chairman Montek Singh Ahluwalia Friday said there is ... Read more...

Posted in Business |

Chhattisgarh asked to ease enforcement of forest laws


March 22nd, 2011 - 2:32 pm ICT by IANS
Raipur, March 22 (IANS) The Associated Chambers of Commerce and Industry of India (ASSOCHAM) Tuesday asked the minerals-rich Chhattisgarh to ease its strict enforcement of forest laws "to enable socially ... Read more...

Posted in Uncategorized |

Inflation in China a cause of worry for the West


March 3rd, 2011 - 3:20 pm ICT by ANI
New Delhi, Mar 3 (ANI): With inflation continuing to remain at an all-time high in China over the past few months, complaints surfaced in the west that China's uncontrolled fiscal expansion and ... Read more...

Posted in Business |

Indian automobile sales zoom 31 percent in 2010 (Lead)


January 11th, 2011 - 7:43 pm ICT by IANS
New Delhi, Jan 11 (IANS) Indian automobile industry's sales grew by 31 percent in 2010 (calendar year), an industry chamber said Tuesday, adding the government should maintain the current exercise duty structure ... Read more...

Posted in Business |

China home to 383,000 super rich in 2010


December 29th, 2010 - 9:27 pm ICT by IANS
Beijing, Dec 29 (IANS) Thanks to the booming capital and property markets, the number of super rich in China is expected to rise by 16 percent to 383,000 this year, a media ... Read more...

Posted in Business |

Italy’s Fiat dealers in for a sad Christmas


December 24th, 2010 - 11:44 am ICT by IANS
Milan, Dec 24 (IANS/AKI) Holiday shoppers pack the streets around Milan's famous Gothic cathedral shopping centre carrying bags from Gap, Gucci and Prada. But a few blocks away at a Fiat showroom, ... Read more...

Posted in Business |

Mukherjee meets Canadian counterpart in Gyeongsang


October 22nd, 2010 - 5:15 pm ICT by ANI
By Lokender SinghGyeongsang(South Korea), Oct.22 (ANI): Indian Finance Minister Pranab Mukherjee met his Canadian counterpart Jim Flaherty in South Korea's Gyeonsang province on Friday.The two leaders reportedly discussed the realignment of ... Read more...

Posted in National |

China’s economic growth slows to 9.6 percent third quarter


October 21st, 2010 - 2:11 pm ICT by IANS
Beijing, Oct 21 (IANS) China's economic growth continued to decelerate duering the third quarter of this year, as the government started to pull out the fiscal stimulus package, even as rising inflation ... Read more...

Posted in Business |

Two in three 2008 Obama backers unlikely to vote this year: Poll


October 20th, 2010 - 2:34 pm ICT by ANI
New York, Oct. 20 (ANI): A new CBS News/Knowledge Networks survey has found that two in three likely voters who say they voted for President Obama in 2008 are less enthusiastic ... Read more...

Posted in World |

China releases white paper on human rights


September 26th, 2010 - 5:00 pm ICT by ANI
Beijing, Sept 26 (ANI): China has released a white paper on human rights on Sunday, highlighting the role of Internet freedom and the country's efforts in safeguarding citizens' legitimate civil and political ... Read more...

Posted in World |

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 |

Indian cos. biggest gainers among Asia’s 200 best ‘under a billion’


September 2nd, 2010 - 7:58 pm ICT by IANS
By Arun Kumar Washington, Sep 2 (IANS) With 39 Indian companies making it to the Forbes "Asia's Best Under a Billion" list, up from only 20 last year, India was the biggest ... Read more...

Posted in Business |

Exports transaction cost to be cut by 40 percent


August 24th, 2010 - 6:34 pm ICT by IANS
New Delhi, Aug 24 (IANS) The government has taken steps to reduce exports transaction cost by at least 40 percent within a few months and may extend stimulus package to sectors which ... Read more...

Posted in Business |

Stimulus package will help achieve $200 bn exports target


August 23rd, 2010 - 8:53 pm ICT by IANS
New Delhi, Aug 23 (IANS) Industry associations Monday welcomed the Rs.1050 crore stimulus package announced by the government for the labour-intensive sectors, saying it will make India's exports competitive and boost growth. Federation ... Read more...

Posted in Business |

Parliament asks Govt. to consider common man’s plight and curb inflation


August 5th, 2010 - 11:25 pm ICT by ANI
New Delhi, Aug. 5 (ANI): The Parliament on Thursday asked the United Progressive Alliance government to take further effective steps to curb inflation for the sake of common-man after the issue ... Read more...

Posted in Feature |

Monetary tightening to continue till inflation comes down: RBI


July 26th, 2010 - 7:26 pm ICT by IANS
Mumbai, July 26 (IANS) The Reserve Bank of India (RBI) Monday said the tightening of the country's monetary policy would need to continue till inflation was brought down, indicating an upward revision ... Read more...

Posted in Business |

Rate hike on cards at central bank policy review Tuesday


July 26th, 2010 - 5:20 pm ICT by IANS
Mumbai, July 26 (IANS) India's central bank is likely to increase for a fourth time this year key policy and interest rates at its quarterly monetary policy review Tuesday to rein in ... Read more...

Posted in Business |

US government not for new stimulus for economy


July 12th, 2010 - 2:35 pm ICT by IANS
By Arun Kumar Washington, July 12 (IANS) With the US budget deficit for the fiscal year ending September already topping $1 trillion, the Obama administration sees little room for stimulus to boost ... Read more...

Posted in Business |

Reserve Bank of India hikes key interest rates (Lead)


July 2nd, 2010 - 9:43 pm ICT by IANS
Mumbai, July 2 (IANS) India's central bank Friday hiked key interest rates by 25 basis points with immediate effect in an attempt to contain soaring inflation, which could make housing and auto ... Read more...

Posted in Business |

Reserve Bank of India hikes key interest rates


July 2nd, 2010 - 8:36 pm ICT by IANS
Mumbai, July 2 (IANS) India's central bank Friday hiked key interest rates by 25 basis points with immediate effect in an attempt to contain soaring inflation. The Reserve Bank of India (RBI) hiked ... Read more...

Posted in Business |

Resurgence Map Pack Arrives For The Call Of Duty Fanatics


June 3rd, 2010 - 6:44 pm ICT by GD
By Ranjan Bhaduri June 3, (THAINDIAN NEWS) The fans of the game franchisee Call of Duty can never have enough of maps and stimulus packs as it seems. They are forever searching for ... Read more...

Posted in World News |

Mahindra fourth quarter net up 36.4 percent


May 29th, 2010 - 5:19 pm ICT by IANS
Mumbai, May 29 (IANS) Auto major Mahindra and Mahindra (M&M) Saturday reported a 36.4 percent rise in net profit at Rs.570.3 crore for the quarter ended March 31, compared to Rs.418.1 crore ... Read more...

Posted in Business |

‘Modern Warfare 2′ Stimulus Package Landing On PS3 Today!


May 4th, 2010 - 7:30 pm ICT by GD
By Ranjan Bhaduri May 4, (THAINDIAN NEWS) The fans of the game 'Call of Duty: Modern Warfare 2' who own a PS3 or PC have been waiting eagerly for the first DLC to ... Read more...

Posted in Technology Industry News |

Indian services sector back to pre-slowdown level


April 25th, 2010 - 11:30 am ICT by IANS
New Delhi, April 25 (IANS) The Indian services industry is back to its pre-slowdown level, with many of its key sectors reporting double digit growth, says a Confederation of Indian Industry (CII) ... Read more...

Posted in Business |

China’s GDP grows 11.9 percent in Q1


April 15th, 2010 - 12:37 pm ICT by IANS
Beijing, April 15 (IANS) China's economy expanded 11.9 percent year on year in the first quarter of 2010 to 8.06 trillion yuan ($1.19 trillion), the National Bureau of Statistics (NBS) announced Thursday. The ... Read more...

Posted in Business |

MSEs perform below capacity due to lack of funds and late payments


April 11th, 2010 - 12:51 pm ICT by IANS
New Delhi, April 11 (IANS) Paucity of funds and delayed payments have forced the Micro and Small Enterprises (MSEs) sector to perform below capacity, a study conducted by the industry lobby Assocham ... Read more...

Posted in Business |

Hyundai sells record 31,501 units in March


April 1st, 2010 - 5:10 pm ICT by IANS
New Delhi, April 1 (IANS) Hyundai Motor India Ltd (HMIL), India's second largest car manufacturer, sold 31,501 units in the domestic market, the highest sales figure since the company started operations in ... Read more...

Posted in Business |

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