union finance

Yield on Spanish bonds climbs up


July 10th, 2012 - 10:52 am ICT by IANS
Madrid, July 10 (IANS/EFE) Investors pushed the yield on Spain's benchmark 10-year bond above 7 percent by the close of trading Monday as European Union finance ministers gathered in Brussels ... Read more...

Posted in Business |

Chennai’s Shriram Housing aims big in this fiscal


March 30th, 2012 - 1:34 am ICT by IANS
Chennai, March 30 (IANS) Chennai-based Shriram Housing Finance Limited plans to grow its loan book size around Rs.340 crore this fiscal after beefing up its fund base with fresh equity ... Read more...

Posted in Business |

Italy’s industrial production rose in November


January 13th, 2012 - 3:52 pm ICT by IANS
Rome, Jan 13 (IANS/AKI) Italy's industrial production in November managed to rise even though the eurozone's third biggest economy implemented cost-cutting measures amid an economic crisis and probable recession.Output gained ... Read more...

Posted in Uncategorized |

Eurozone to lend 150 bn euros to IMF


December 20th, 2011 - 3:15 pm ICT by IANS
Brussels, Dec 20 (IANS) Eurozone countries Monday have agreed to channel 150 billion euros (about $195 billion) to the International Monetary Fund (IMF) to boost a firewall against the debt ... Read more...

Posted in Business |

Identity of secret account holders after court trial: Official


November 22nd, 2011 - 9:10 pm ICT by IANS
Agra, Nov 22 (IANS) The identity of those holding secret accounts in Swiss banks cannot be revealed till prosecution proceedings start, a senior official said here Tuesday.Union Finance and ... Read more...

Posted in Business |

CPI-M and more to battle Jaitapur nuclear project


October 23rd, 2011 - 2:59 pm ICT by IANS
New Delhi, Oct 23 (IANS) A 15-member "National Committee" has been formed to demand a halt to the construction of the nuclear project in Jaitapur in Maharashtra, the Communist Party ... Read more...

Posted in Politics |

Wall Street up for third day


October 7th, 2011 - 5:48 am ICT by IANS
New York, Oct 7 (IANS) US stocks ended higher for the third straight day Thursday, with Dow Jones back to 11,000-plus points after decent jobs data and stronger-than-expected retail sales, ... Read more...

Posted in Business |

Shriram Housing Finance open for outside equity infusion


August 10th, 2011 - 8:05 pm ICT by IANS
Chennai, Aug 10 (IANS) Shriram Housing Finance Ltd., a financial services outfit of the city-based Shriram Group scheduled to start operations soon, is open for equity participation from investors including ... Read more...

Posted in Business |

GST won’t hamper states’ fiscal autonomy: Finance secretary


June 28th, 2011 - 10:25 pm ICT by IANS
Kolkata, June 28 (IANS) The introduction of Goods and Services Tax (GST) will not hamper fiscal autonomy of the states, union Finance Secretary Sunil Mitra said Tuesday.Mitra's comments came in ... Read more...

Posted in Business |

Auction natural resources to attract investments: FICCI


May 1st, 2011 - 11:50 am ICT by IANS
New Delhi, May 1 (IANS) Natural resources like iron ore, lignite and bauxite should be allocated on the basis of auctions, instead of the current first-come-first-served system, to attract more ... Read more...

Posted in Business |

NGO opposes proposed water allocation plan


April 27th, 2011 - 12:04 am ICT by IANS
Bhubaneswar, April 26 (IANS) A central government-appointed panel's proposal of market linked allotment of water will lead to the resource being treated as a commercial commodity and will trigger more ... Read more...

Posted in Business |

Lawyers strike work in Delhi courts


March 24th, 2011 - 7:55 pm ICT by IANS
New Delhi, Mar 24 (IANS) Work in the capital's six district courts and the Delhi High Court was paralysed Thursday as lawyers went on a strike to protest the Finance ... Read more...

Posted in Uncategorized |

Egypt plans to hold constitutional referendum within two months: Activist


February 15th, 2011 - 5:29 pm ICT by ANI
Washington, Feb 15 (ANI): Members of the Egyptian ruling Higher Military Council have announced that Cairo will hold a constitutional referendum within two months, an anti-Mubarak-activist wrote on his Facebook account. ... Read more...

Posted in World |

Shriram group to divest 20 percent in Shriram Capital to Sanlam


January 12th, 2011 - 4:49 pm ICT by IANS
Chennai, Jan 12 (IANS) The city-based Shriram group plans to divest around 20 percent in its financial services business holding company, Shriram Capital, for around Rs.900 crore ($200 million) in favour of ... Read more...

Posted in Business |

Shriram Life to tap clients of group companies


January 12th, 2011 - 4:38 pm ICT by IANS
Chennai, Jan 12 (IANS) The Rs.611 crore ($135 million) premium income Shriram Life Insurance Company Ltd will tap the client base of its sister companies this year and also beef up equity ... Read more...

Posted in Business |

2G spectrum allocation flawless, government tells apex court (Lead)


November 11th, 2010 - 8:16 pm ICT by IANS
New Delhi, Nov 11 (IANS) The government Thursday told the Supreme Court that the department of telecommunication (DoT) acted in public interest and in pursuance of its policy decision while ... Read more...

Posted in Business |

Loan-against-gold market in India Rs.79,000 crore, growing


October 13th, 2010 - 6:01 pm ICT by IANS
Panaji, Oct 13 (IANS) Easy availability of gold in Indian households and minimum chances of consumers defaulting on loans are making the loan-against-gold market grow in the country, which is now valued ... Read more...

Posted in Business |

Congress hails initiatives to reach amicable and peaceful settlement on Ayodhya issue


October 5th, 2010 - 10:50 pm ICT by ANI
New Delhi, Oct.5 (ANI): The Congress party on Tuesday welcomed all efforts being made by the concerned parties to reach an amicable and peaceful settlement of the Ayodhya issue.The Congress, ... Read more...

Posted in National |

Conduct research on more financial inclusion: Pranab


September 13th, 2010 - 12:48 am ICT by IANS
Kolkata, Sept 12 (IANS) Urging bodies of eminence like the Indian Statistical Institute (ISI) to conduct research on facilitating more financial inclusion, union Finance Minster Pranab Mukherjee Sunday said sound data ... Read more...

Posted in Business |

BJP leaders to meet Jharkhand MLAs on next chief minister


May 10th, 2010 - 6:37 pm ICT by IANS
New Delhi, May 10 (IANS) A parliamentary board meeting of the Bharatiya Janata Party (BJP) Monday decided that two observers would Tuesday meet party legislators in Jharkhand to know their views ... Read more...

Posted in Politics |

Greek debt crisis may lead to capital outflows: Gokarn


May 10th, 2010 - 4:28 pm ICT by IANS
Kolkata, May 10 (IANS) There could be capital outflows from emerging markets like India in the short run because of the Greek debt crisis, Reserve Bank of India Deputy Governor Subir Gokarn ... Read more...

Posted in Business |

EU clinches deal on eurozone rescue package


May 10th, 2010 - 8:26 am ICT by IANS
Brussels, May 10 (DPA) European Union finance ministers early Monday agreed to set up a permanent system to rescue eurozone states which run into financial trouble of the kind that has brought ... Read more...

Posted in Business |

Telangana Row: All 13 Andhra Pradesh ministers withdraw resignations


December 31st, 2009 - 4:32 pm ICT by ANI
Hyderabad, Dec 31 (ANI): All the 13 cabinet ministers from Telangana region in Andhra Pradesh on Thursday decided to withdraw their resignations after the Centre's announcement on holding discussions with all ... Read more...

Posted in National |

Capital inflows in line with need: Apex bank


December 10th, 2009 - 6:51 pm ICT by IANS
Kolkata, Dec 10 (IANS) Reserve Bank of India (RBI) Governor Duvvuri Subbarao Thursday said capital inflows into India were in line with the country's need and that there was no concern over ... Read more...

Posted in Business |

Centre committed to inclusive, equitable growth: Mukherjee


October 9th, 2009 - 4:55 pm ICT by ANI
New Delhi, Oct 9 (ANI): Union Finance Minster Pranab Mukherjee said here on Friday that the UPA Government is committed to ensuring inclusive and equitable growth of the country's economy.Addressing the ... Read more...

Posted in National |

India will look into the Swiss banks rejection to disclose details: says Mukherjee


August 24th, 2009 - 2:42 pm ICT by ANI
New Delhi, Aug 24 (ANI): Union Finance Minster Pranab Mukherjee on Monday said the Indian Government will look into the matter of Swiss banks rejection to hand over the details of ... Read more...

Posted in National |

Dead king of Pop Michael Jackson also king of debt


June 26th, 2009 - 7:09 pm ICT by John Le Fevre
King of Pop Michael Jackson died leaving behind a mountain of debt almost as legendary as his musical career. On the brink of a comeback tour at the time of his death, ... Read more...

Posted in Entertainment |

IMF forecasts $1.4 trillion losses for US financial sector


October 7th, 2008 - 9:19 pm ICT by IANS
Washington, Oct 7 (DPA) The International Monetary Fund (IMF) warned Tuesday that the US financial sector losses could total $1.4 trillion as the housing crisis at the centre of the turmoil has ... Read more...

Posted in Uncategorized |

UNPA stands united, SP still unclear on support to UPA


July 4th, 2008 - 12:06 am ICT by ANI
New Delhi, July 3 (ANI): The United National Progressive Alliance (UNPA) leaders have claimed here today that they still stands united on all issues after their meeting.The UNPA meeting was attended ... Read more...

Posted in National |

Mizoram to set up northeast India’s first SEZ


May 24th, 2008 - 11:49 am ICT by admin
By Sujit Chakraborty Aizawl, May 24 (IANS) Mizoram will set up northeast India's first Special Economic Zone (SEZ). "We have already started the process to establish the SEZ at Khawnuam village in Champhai ... Read more...

Posted in Business |

Shriram City Finance targets Rs.10 bn car loan portfolio


March 10th, 2008 - 7:10 pm ICT by admin
Chennai, March 10 (IANS) Non-banking finance company Shriram City Union Finance Limited is targeting to increase its car loan portfolio to Rs.10 billion ($2.5 billion) in an accelerated manner next fiscal year, ... Read more...

Posted in Business |

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