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December 7, 2009 10:42 AM
The rupee today depreciated by 31 paise to a dollar in opening trade. At the Interbank Foreign Exchange (Forex) market, the domestic unit traded at 46.59 a dollar. Dealers said fears of increased capital outflows by foreign funds following a weak pattern in other Asian markets weighed on the rupee s...
December 5, 2009 8:36 PM
World Bank has urged rich nations to be sensitive towards the development needs of growing economies. World Bank President Robert Zoellick told reporters in New Delhi on Friday that additional resources must be provided to the developing nations to meet their needs for sustainable development. The s...
December 5, 2009 12:13 PM
World Bank has urged rich nations to be sensitive towards the development needs of growing economies. World Bank President Robert Zoellick told reporters in New Delhi on Friday that additional resources must be provided to the developing nations to meet their needs for sustainable development. The s...
December 4, 2009 10:06 PM
The Energy generation from non-conventional sources will double in the next ten years from the present level of 14,000 Megawatt. This was stated by Mr. Deepak Gupta, Secretary, Ministry of New and Renewable Energy while inaugurating an International Conference on Indian Pulp and Paper Industry in Ne...
December 4, 2009 9:54 PM
The Sensex at the Bombay Stock Exchange lost 84 points, or 0.5 percent, at 17,102, on Friday. The Nifty at the National Stock Exchange fell 23 points, or 0.4 percent, to 5,109.Stock markets in Japan, China, Hong Kong, Singapore and South Korea ended mixed.
December 4, 2009 9:11 PM
The World Bank said that India could return to a growth rate of 8-9 per cent in its economy in the next two years. Addressing reporters in New Delhi on Friday morning, World Bank President Robert Zeollick however said that the country needs to invest more in infrastructure for sustained growth.He sa...
December 4, 2009 8:54 PM
The Prime Minister Dr Manmohan Singh on Friday said that air waves for starting the third generation telephony service will be sold shortly at market determined prices.Speaking at a Telecom Conference in New Delhi, he expressed happiness that auction of spectrum for 3G and broadband wireless service...
December 4, 2009 7:58 PM
Bouyed by the 7.9 per cent GDP growth in the 2nd quater, the Finance Minister Mr Pranab Mukherjee has expressed the hope that the economy will grow stronger in October-March period.Addressing the CEOs conference on Globalisation and Inclusive growth in New Delhi on Friday, he said that the biggest c...
December 4, 2009 6:45 PM
Foreign Direct Investment, FDI into country increased by over 56 per cent to 2.3 billion US dollars in October, despite the persisting global financial crisis. The FDI inflows in the year ago period stood at 1.5 billion dollars.Commerce and industry Minister Anand Sharma said during the first seven ...
December 4, 2009 5:34 PM
China has signed a deal to secure a 20-year supply of natural gas from Papua New Guinea as part of its efforts to provide resources for the country's growing economy.Under the deal, the Chinese state run oil and gas company will buy around two million tonnes of liquified gas each year from ...
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