India fully committed to take Doha round to a successful conclusion

New Delhi is fully committed to take the Doha round of trade negotiations to a successful conclusion. Commerce and Industry Minister Anand Sharma made this statement while interacting with media at the Brookings Institute, in Washington. He said India has been engaged with all the key countries and ...

IMF expects Indian economy to grow by 8 per cent during 2010-11

The International Monetary Fund (IMF) expects the Indian economy to grow by 8 per cent during 2010-11. The IMF issued its latest paper after consultation with Indian authorities. It says that with India's long-term prospects remaining strong and private sector balance sheets sound, IMF expe...

Catalog Exhibition in Jeddah

Rupee down by 9 paise against Dollar

The Indian rupee depreciated by 9 paise at 45.43 in early trade today. The rupee was up 24 paise at a two-month high of 45.34/35 a Dollar in the previous session. Forex dealers said besides strong Dollar overseas, demand from importers for the US currency also weighed on the rupee sentiment.

BSE Sensex up by nearly 54 points

The Bombay Stock Exchange benchmark Sensex gained nearly 54 points inthe opening trade today on more capital inflows by foreign funds, driven by a firming global trend. The Sensex was trading at 17574, up by 26 points. Similarly, National Stock Exchange index Nifty rose by over 12 points to quote at...

Montek expresses hope of controlling inflation in next two months

Planning Commission Deputy Chairman, Montek Singh Ahluwalia has said inflation has entered the worrying area but he expressed hope that the soaring prices will come down in the next two months. Speaking on the sidelines of a function in New Delhi on Wednesday, he said inflation was a concern and nee...

World Bank raises economic forecast for China

The World Bank has raised its 2010 economic growth forecast for China to 9.5 per cent from 9 per cent. It said consumption by both businesses and households would grow strongly, even though government stimulus measures were being pared back. But the bank warned that Beijing needed to cool inflation ...

Global mobile market to grow $17.5 billion in next two years

New research suggests the global appetite for mobile applications will explode over the next two years.A study done for Getjar, the world's second biggest app store, said the market will grow to 17.5 billion dollars in the next two years. The study claimed downloads would climb from 7 billi...

IMF expects Indian economy to grow by 8 per cent

International Monetary Fund (IMF) expects the Indian economy to grow by 8 per cent during 2010-11.IMF said in its latest paper issued after consultation with Indian authorities that with India's long-term prospects remaining strong and private sector balance sheets sound, IMF expects growth...

IMF forecasts that Indian economy will grow by 8 per cent during the next fiscal

International Monetary Fund (IMF) expects the Indian economy to grow by 8 per cent during 2010-11.IMF said in its latest paper issued after consultation with Indian authorities that with India's long-term prospects remaining strong and private sector balance sheets sound, IMF expects growth...