Business

June 8, 2012 12:55 PM

India to hold Gulf Roadshow to attract investments<br/>

The Government has taken up a series of measures to promote investment opportunities in India. These include the new Qualified Foreign Investors, QFI route, recent changes in the external commercial Borrowing Guidelines and initiatives to encourage investments in the infrastructure sector.The new QF...

June 8, 2012 12:53 PM

India to hold Gulf Roadshow to attract investments<br/>

The Government has taken up a series of measures to promote investment opportunities in India. These include the new Qualified Foreign Investors, QFI route, recent changes in the external commercial Borrowing Guidelines and initiatives to encourage investments in the infrastructure sector.The new QF...

June 8, 2012 11:57 AM

Sensex down 93pts; trading in negative territory at 16,556

The BSE benchmark index Sensex was trading 93 points in negitive territory at 16,556 a short while ago. Snapping a four-day rising streak, the Sensex fell by 95 points to 16,553 in early trade today. The downfall comes after funds and retail investors booked profits at prevailing levels amid a weak ...

June 8, 2012 11:55 AM

Houston Univ Prez Renu Khator wins Light of India award

Indian American academic Renu Khator, the Chancellor and President of University of Houston, has won the Light of India Award that honours excellence and exemplary achievement of Indians living abroad. The 56-year old, was one of six global leaders nominated in the categories of excellence in educat...

June 8, 2012 11:30 AM

Oil Prices fall in Asia trade

Oil prices fell in Asian trade today. New York&apos;s main contract, light sweet crude for delivery in July, was down 2.04 dollar to 82.78 dollar a barrel and Brent North Sea crude also for July delivery shed 1.48 dollar to 98.45 dollar in morning trade.

June 8, 2012 10:01 AM

Rupee loses 21p; trading at 55.15 against dollar<br/>

The rupee lost 21 paise to 55 rupee 15 paise against the US dollar in early trade today, snapping the three days of gaining streak . The fall was due to the American currency gaining against the euro overseas. Yesterday, the rupee had ended higher by 42 paise at 54 rupee 94 paise.It was the rupee hi...

June 8, 2012 10:00 AM

Sensex down 95; at 16,553pts in early trade

Snapping a four-day rising streak, the BSE benchmark index Sensex fell by 95 points to 16,553 in early trade today. The downfall comes after funds and retail investors booked profits at prevailing levels amid a weak trend in other Asian markets.The 30-share index, had gained over 684 points in the p...

June 8, 2012 9:47 AM

India will grow at slower pace: UN World Economic Situation & Prospects update

The United Nations has said that Indian economy will grow at a slower pace of 6.7 per cent in 2012 instead of a previous 7.7 per cent forecast. In its World Economic Situation and Prospects mid-year update, the UNwarned that the euro area debt crisis will remain the biggest threat to world economy t...

June 7, 2012 8:39 PM

Asian markets end mixed<br/>

Key Asian markets ended mixed, today, even as investors hoped for US and European monetary easing to counter growing economic woes. So Japan&apos;s Nikkei 225 index jumped 1.2%; Hong Kong&apos;s Hang Seng gained 0.9%; South Korea&apos;s KOSPI surged 2.6%; and Singapore&apos;s Straits...

June 7, 2012 5:58 PM

Asian markets end mixed<br/>

Key Asian markets ended mixed, today, even as investors hoped for US and European monetary easing to counter growing economic woes. So Japan&apos;s Nikkei 225 index jumped 1.2%; Hong Kong&apos;s Hang Seng gained 0.9%; South Korea&apos;s KOPSI surged 2.6%; and Singapore&apos;s Straits...

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