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May 1, 2012 12:42 PM
India's exports grew 21 per cent and marginally crossed the exports target at 303.7 billion US Dollars in 2011-12 over the previous fiscal. According to the Commerce Ministry data released today, imports shot up by 32.1 per cent to 488.6 billion dollars, leaving highest-ever trade deficit o...
May 1, 2012 12:28 PM
Oil was down in Asian trade today. New York's main contract, light sweet crude for delivery in June, shed 15 cents to 104.72 dollar per barrel. Brent North Sea crude for June delivery retreated 16 cents to 119.31 dollar.
May 1, 2012 12:19 PM
The Reserve Bank of Australia has cut its key rate to 3.75 per cent from 4.25 per cent. Most analysts say the interest rate cut was more-than-expected because economic conditions were somewhat weaker than forecast. There have been increasing signs that Australia's economy is being hit by a ...
May 1, 2012 12:06 PM
The Government has allowed fresh exports of cotton. It has also announced that suspension of new registrations be revoked to allow traders to apply afresh for registration. This was decided in the Group of Ministers, GoM, meeting which reviewed the cotton exports situation in New Delhi.The GoM chair...
May 1, 2012 10:45 AM
U.S.-based Delta Airlines will soon become the world's first air carrier to produce its own jet fuel. Delta announced yesterday it is buying a oil refinery near Philadelphia from the Phillips 66 oil company for 150 million Dollars for the purpose. Delta chief Richard Anderson called buying ...
May 1, 2012 9:04 AM
Japan has appreciated India's National Manufacturing Policy and proposed to set up a working group to discuss co-operation in its implementation. This was stated by Japan's Economy, Trade and Industry Minister Mr. Yukio Edano in a joint statement with the Minister of Commerce, Indu...
April 30, 2012 7:10 PM
The Government has allowed fresh exports of cotton. It has also announced that a ban on suspension of new registrations be revoked. This was decided in the Group of Ministers, GoM, meeting which reviewed the cotton exports situation in New Delhi today.The GoM chaired by the Finance Minister Pranab M...
April 30, 2012 6:50 PM
The growth rate of eight core industries slowed down to 2 per cent in March as against 6.5 per cent in the same month last year on account of dismal expansion in crude oil and natural gas sectors. The eight industries comprising crude oil, petroleum refinery products, natural gas, fertilisers, coal,...
April 30, 2012 6:00 PM
Gold rose 50 rupees, to touch an all-time high of 29,590 rupees per ten grams at Delhi's bullion market, today, on brisk buying by stockists and jewellers to meet the marriage season demand, amid a firm global trend.Gold has gained 650 rupees in the lasteight trading sessions. Silver rose 4...
April 30, 2012 5:50 PM
Gold rose 50 rupees, to touch an all-time high of 29,590 rupees per ten grams at Delhi's bullion market, today, on brisk buying by stockists and jewellers to meet the marriage season demand, amid a firm global trend.Gold has gained 650 rupees in the lasteight trading sessions. Silver rose 4...
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