Business

December 14, 2010 9:03 PM

Centre welcomes setting up of India-Denmark Joint Commission

New Delhi on Tuesday welcomed the setting up and commencement of the India and Denmark Joint Commission to address economic and commercial issues. Union Minister of commerce and Industry, Mr. Anand Sharma said this when he met the Deputy Prime Minister and Minister of Foreign Affairs, Denmark, Ms. L...

December 14, 2010 6:27 PM

Easing food prices pull down inflation to 7.48 per cent<br/>

Easing food prices pulled down the inflation rate to an 11-month low of 7.48 per cent in November, this year, from 8.58 per cent in October. Inflation had stood at 4.5 per cent in November 2009. This is the fourth consecutive month when overall inflation has been in a single digit. As per WPI data, ...

December 14, 2010 6:27 PM

Sensex surges 107 points as inflation slips to 11 month low

Advancing for the third straight session, the Sensex at the Bombay Stock Exchange rose 107 points, or 0.6 percent, to 19,799, on Tuesday, as inflation slipped to an 11-month low. The Sensex had lost 70 points at the day&apos;s low, and gained 145 points at the day&apos;s high. The Nifty at t...

December 14, 2010 6:21 PM

Engineering exports jump 55 per cent to US$ 3.95 bn

Engineering exports jumped by about 55 per cent to 3.95 billion US Dollars last month on improved demand from traditional markets like Europe and the United States. During April to November , the exports grew by 50 per cent to 31.6 billion US Dollars compared to the same period last fiscal. Engineer...

December 14, 2010 5:54 PM

India may become 2nd largest steel producer

India is expected to become the second largest steel producing nation by 2012. Minister for Steel, Mr Virbhadra Singh said that at present the steel sector contributes about two percent of the GDP and employs over five lakh people.Addressing the Parliamentary Consultative Committee attached to his M...

December 14, 2010 2:18 PM

Inflation is expected to decline to 6 per cent by March 2011: FM

Encouraged by the decline in prices during November, Finance Minister Pranab Mukherjee has said inflation is expected to decline to 6 per cent by March next year. He told reporters in New Delhi that after quite some time food inflation has become very moderate and it has come down to single digits.

December 14, 2010 2:18 PM

Inflation is expected to decline to 6 per cent: FM

Encouraged by the decline in prices during November, Finance Minister Pranab Mukherjee has said inflation is expected to decline to 6 per cent by March next year. He told reporters in New Delhi that after quite some time food inflation has become very moderate and it has come down to single digits.

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