IMF lowers India's growth forecast to 6.9% for 2012

The International Monetary Fund lowers India's growth forecast to 6.9% for this year,IMF's Asia-Pacific Regional Economic Outlook released today said . The lowered growth outlook in 2012 owesmuch to a slowdown of investment which partly reflects structural factorsIMF called for ren...

Parl panel asks Oil PSUs to work towards maintaining, increasing production of crude oil

IMF lowers India's growth forecast to 6.9% for 2012

The International Monetary Fund lowers India's growth forecast to 6.9% for this year,IMF's Asia-Pacific Regional Economic Outlook released today said . The lowered growth outlook in 2012 owesmuch to a slowdown of investment which partly reflectsstructural factors IMF called for ren...

SC panel to recommend SIM card issuance procedure to Telcos

The Supreme Court today set up a joint expert panel to recommend the procedure for the telecom firms for properly identifying the customers before issuing SIM cards to them. A bench of Chief Justice S H Kapadia said the panel comprising officials of the Department of Telecommunications and the Telec...

Sensex surrenders opening gains; in negative territory in noon trade

The Sensex at the Bombay Stock Exchange rose 105 points, or 0.6 per cent, to 17,236 in opening trade, this morning, on fresh buying by funds and retail investors, amid positive Asian markets. But the Sensex later surrendered all its early gains, to stand 53 points, or 0.3 per cent in negative territ...

Legal action against Swamy by Chennai co. for allegations against HM & son

A company based in Chennai has decided to take legal action against Subramaniam Swamy of Janta Party for leveling baseless allegations against the Home Minister and his son Karti on investments in Aircel. The company has taken notice of the press conference held by Subramaniam Swamy yesterday and as...

India's Chrome ore production sufficient to meet demand : State Mines Min Patel

Government today said that India's production of Chrome ore is sufficient to meet domestic consumption and exports. Replying to a question in the Lok Sabha, Minister of State for Mines Dinsha Patel said that the export of chrome ore is not directly impacting the steel industry.The Minister ...

Jap Foreign Min Gemba to visit Delhi for strategic & economic bilaterals

Foreign Minister of Japan Mr. Koichiro Gemba will be on an official visit to India on Sunday. During his two-day visit, he will co-chair the 6th annual India-Japan Strategic Dialogue and the first India-Japan ministerial-level Economic Dialogue with the External Affairs minister SM Krishna. In the S...

Legal action against Swamy by Chennai co. for allegations against HM & son

A company based in Chennai has decided to take legal action against Subramaniam Swamy of Janta Party for leveling baseless allegations against the Home Minister and his son Karti on investments in Aircel. Home Minister's son has already denied the allegations .

India's Chrome ore production sufficient to meet demand : State Mines Min Patel

Government today said that India's production of Chrome ore is sufficient to meet domestic consumption and exports. Replying to a question in the Lok Sabha, Minister of State for Mines Dinsha Patel said that the export of chrome ore is not directly impacting the steel industry.The Minister ...