Two day Commerce Secretary level talks begin in New Delhi tomorrow

The two day Commerce Secretary level talks begin in New Delhi tomorrow to give a push to the bilateral trade. Commerce Secretary Rahul Khullar will hold discussion with his Pakistani counterpart Zafar Mehmood in New Delhi. Mr Mehmood told reporters on his arrival to New Delhi that the trade relation...

31st IITF: Handicrafts, SME products to be major attraction

Indian handicrafts from all states across the country and products made by small and medium enterprises will be the major attraction at the 31st edition of the India International Trade Fair beginning in New Delhi tomorrow. Apart from domestic participants, exhibitors from over 33 foreign countries ...

Indian economy emerges as factor of stability in growth: Anand Sharma

The Commerce Secretary Mr Rahul Khullar will begin his two day talks with his Pakistani counterpart Zafar Mehmood in New Delhi tomorrow. Mr Mehmood, who is already in Delhi, told reporters on his arrival that the relations between the two countries can not normalise without invoking the Most Favoure...

Price rise and petro hike vexed issues facing nation: Pranab

Finance Minister Pranab Mukherjee on Saturday said the two most vexed issues facing the nation are price rise in essential commodities and petro-products.Mr. Mukherjee told a Congress seminar in Behrampore in West Bengal that is not possible for the Centre to decrease the price of petro-products bec...

Progress towards political stability in Greece & Italy : IMF Chief

The Head of the International Monetary Fund Christine Lagarde says she believes Italy and Greece have both made significant progress towards the political stability and clear economic policy that the IMF and international markets want to see. Mrs Lagarde was speaking after talks in Japan as leaders ...

Govt hikes interest rates on various deposit schemes to encourage small savings

The government has increased interest rates on deposit schemes offered by post offices, like savings account, Monthly Income Scheme and Public Provident Fund in a bid to boost small savings. An official release said that Post Office savings accounts will fetch 4 per cent interest instead of the exis...

Price rise and petro hike vexed issues facing nation: Pranab

Finance Minister Pranab Mukherjee today said the two most vexed issues facing the nation are price rise in essential commodities and petro-products.Mr. Mukherjee told a Congress seminar in Behrampore in West Bengal that is not possible for the Centre to decrease the price of petro-products because h...

RBI says, banking sector not facing any stress

The Reserve Bank has said that the Indian banking sector is not facing any stress, though state-owned lenders need capital infusion. RBI Deputy Governor Subir Gokarn told reporters on the sidelines of an ASSOCHAM event in Delhi that there are of course long term issues of capital. If the system is g...

Govt. rules out bailout package for Kingfisher Airlines

Directorate General of Civil Aviation has said Kingfisher Airlines have assured it that at any given point of time not more than three of their aircraft would be out of use and maintained the government is keeping an eye on whether airlines were using their slots.Meanwhile, the Government has ruled ...