Business

December 15, 2012 9:07 PM

Naina Lal Kidwai becomes first woman President of FICCI

Naina Lal Kidwai on Saturday took over as President of FICCI, becoming the first woman to head the leading industry body. FICCI said in a statement at the conclusion of its Annual General Meeting in New Delhi Kidwai, 55, is the first woman and professional manager to be elected as President of the c...

December 15, 2012 11:35 AM

Economy likely to grow at 5.5-6% this fiscal: Rangarajan

The Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan on Friday said, the economy is expected to grow at 5.5 to 6 per cent in the current fiscal and the next year will see a better rate of expansion.Speaking to reporters on the sidelines of a function in New Delhi, Mr...

December 15, 2012 11:05 AM

WHO clears India's vaccine industry to export vaccines across the world

India's 19,000 crore rupee vaccine industry has been cleared by the World Health Organization (WHO) to export vaccines across the world. After a four-day audit, a 16-member multi-nation team headed by WHO officials informed Union Health Minister Ghulam Nabi Azad that they are satisfied with...

December 14, 2012 9:29 PM

Inflation declines to 7.24 percent

Inflation declined to 7.24 per cent in November from 9.46 per cent in the same month a year ago although prices of food items like potato, wheat, cereals, rice, pulses, edible oil and sugar went up during the period.Inflation, as measured by the Wholesale Price Index (WPI), stood at 7.45 per cent in...

December 14, 2012 9:23 PM

Sensex beats losing streak; rises 88 points

Snapping five days of losses, the Sensex at the Bombay Stock Exchange rose 88 points, or 0.5 per cent, to close at 19,317. The Nifty at the National Stock Exchange gained 28 points, or 0.5 percent, to 5,880.Stock markets in Japan, China, Hong Kong, South Korea and Singapore again ended mixed.

December 14, 2012 9:21 PM

Inflation declines to 7.24 percent<br/><br/>

Inflation declined to 7.24 per cent in November from 9.46 per cent in the same month a year ago although prices of food items like potato, wheat, cereals, rice, pulses, edible oil and sugar went up during the period.Inflation, as measured by the Wholesale Price Index (WPI), stood at 7.45 per cent in...

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