Govt. to examine the impact of Dubai Financial Crisis on Indian economy

India has reacted cautiously to the financial crisis in Dubai, caused by debt repayment crisis of a state firm, saying it would examine the extent of the problem, but maintained that no impact is visible as of now. The Commerce and Industry Minister Anand Sharma has said that he does not think some ...

BSE Sensex rebounded from its lows

The Sensex at the Bombay Stock Exchange rebounded from the lows of the day, but still ended with a loss of 223 points, or 1.3 per cent, at 16,632 on Friday. Earlier in the session, the Sensex had plummeted a massive 644 points, as concerns about Dubai's debt problems rattled markets around ...

Dubai's debt problems down Europe market

Worries over Dubai's debt problems share markets in Europe have also driven down for the second day running. The main share indexes in London, Paris and Frankfurt opened more than 1% lower before easing back slightly. The falls follow news from the state-owned Dubai World that it would dela...

Exports likely to double by 2014: Anand

The negative growth in exports has come down from 39 per cent in May to 6.6 per cent in October and the Exports last month were to the tune of 13.10 billion dollars. Exuding confidence, the Commerce and Industry Minister Anand Sharma said that things have started looking up and the Exports are expec...

Sensex ends down by 223 points

The Sensex at the Bombay Stock Exchange rebounded from the lows of the day, but still ended with a loss of 223 points, or 1.3 percent, at 16,632, today. Earlier in the session the Sensex had plummeted a massive 644 points, as concerns about Dubai's debt problems rattled markets around the w...

Exports likely to double by 2014: Anand

The negative growth in exports has come down from 39 per cent in May to 6.6 per cent in October and the Exports last month were to the tune of 13.10 billion dollars. Exuding confidence, the Commerce and Industry Minister Anand Sharma said that things have started looking up and the Exports are expec...

Exports likely to double by 2014: Anand Sharma

The negative growth in exports has come down from 39 per cent in May to 6.6 per cent in October and the Exports last month were to the tune of 13.10 billion dollars. Exuding confidence, the Commerce and Industry Minister Anand Sharma said that things have started looking up and the Exports are expec...

Rupee looses 46 paise against US dollar

Creation of more jobs is sole objective of foreign trade policy

Six core industries have registered an overall growth

The six core industries have registered an overall growth of 4.7 per cent in the first seven months of this financial year as compared to 3.3 per cent in the corresponding period last year. While coal, electricity, cement and finished steel production showed positive growth, the crude oil production...