Prez calls upon industrialists to help MSMEs growth

The President called upon the state governments and industrial leaders to synergize their efforts for the development and sustainable growth of Micro, Small and Medium Enterprises, MSMEs. Speaking at the National Award function of MSMEs in New Delhi on Friday, Mrs Patil said, timely availability of ...

US to sue 17 banks over mortgage crisis

US authorities are to sue 17 major banks for losses on mortgage-backed investments that cost taxpayers tens of billions of dollars. The Federal Housing Finance Agency (FHFA) said it was taking action against banks, including Goldman Sachs, Barclays, Bank of America, Deutsche Bank, and HSBC. The agen...

Sensex up by over 310 points in opening trade

Reopening for trade after a two-day holiday, the BSE benchmark Sensex rose over 310 points within minutes of the opening bell on Friday on continued buying by funds, ignoring rising inflation and weak Asian cues. The 30-share index of the Bombay Stock Exchange, which gained nearly 828 points in the ...

Expert panel recommends removal of plan & non plan distinction in Budget

An expert committee set up by the Planning Commission has recommended removal of plan and non plan distinction in the Budget. Releasing the Report in New Delhi on Thursday, the Chairman of Prime Minister's Economic Advisory Council , Dr. C. Rangarajan said that shift in budeting approach is...

Country's export grows by over 81 percent for July 2011

Country's export grew by over 81 percent for the month of July this year compared to the corresponding month last year. The imports grew by over 51 percent in the same period. According to an official release, the exports during July, 2011 were valued at over 29 thousand three hundred milli...

Terming the double-digit food inflation as disturbing, the Finance Minister Mr Pranab Mukherjee on Thursday said that supply of food items needed to be improved to deal with the price rise.Talking to reporters in New Delhi, Mr Mukherjee said Inflation is always a matter of concern and there is a nee...

Tokyo stocks open higher

Tokyo shares opened higher on Thursday after US stocks gained on better-than-expected manufacturing data in the country's industrial heartland. The benchmark Nikkei 225 index of the Tokyo Stock Exchange opened up 61.81 points or 0.69 per cent to 9,017. The Dow Jones Industrial Average gaine...

17th Delhi Book Fair continues to attract huge crowds on 6th day

The 17th Delhi Book Fair continues to attract huge crowds on the 6th day on Thursday. AIR correspondent reports large number of people thronged the Sahitya Akademy stall in the Indian Literature section. Books in over 22 languages including Kashmiri, Urdu, Hindi, English and Malayalam are available ...

Country's export grows by over 81 percent for July 2011

Country's export grew by over 81 percent for the month of July this year compared to the corresponding month last year. The imports grew by over 51 percent in the same period. According to an official release, the exports during July, 2011 were valued at over 29 thousand three hundred milli...

Country's export grows by over 81 percent for July 2011 export

Country's export grew by over 81 percent for the month of July this year compared to the corresponding month last year. The imports grew by over 51 percent in the same period. According to an official release, the exports during July, 2011 were valued at over 29 thousand three hundred milli...