Sharma to meet Kirk on Doha round negotiations

Commerce Minister Mr Anand Sharma will hold crucial talks on Wednesday with US Trade Representative Mr Ron Kirk on Doha round negotiations for opening up the global trade.An official release said the two leaders would also hold preparatory discussions on the US-India Trade Policy Forum scheduled to ...

Asian markets end mixed

Govt to focus on coal gasification to tide over power shortage

The Union Coal Minister, Mr. Sriprakash Jaiswal today said that Government is focusing on switching to coal gasification technology in the country to overcome power shortages. Coal gasification is an environment-friendly way of converting coal into hydrogen and other valuable energy. Addressing news...

India received $3.26bn FDI during August

India received foreign direct investment of 3.26 billion US dollars in August, a robust growth of 40.51 per cent over the same month last year, inspite of the persisting global financial crisis. According to the Reserve Bank of India, FDI inflows in August last year stood at 2.32 billion US dollars....

Sensex surges on robust industrial growth, recover 17k

Buoyed by industrial growth figure beating all street projections and hopes of Ambani brothers patching up helped the BSE benchmark Sensex on Monday surged over 384 points to reclaim the 17,000-point peak. The 30-share Sensex, which commenced the day higher, advanced further to record a handsome gai...

Industrial growth zooms to 10.4 per cent in August

Adding to the festive mood, industrial growth catapulted to a 22-month high of 10.4 percent in August, clearly showing that stimulus measures have yielded results which may make up for the likely decline in farm output in months to come. "This is a very good Diwali gift," Planning ...

Industrial Production up 10.4 % in August

In a clear indication of economic recovery, the Index of Industrial Production grew at 10.4 per cent in August this year, against 1.7 per cent in the same month a year ago on account of robust activities in core sector. The index of consumer goods increased by 8.5 per cent, compared to 6.4 per cent ...

Industrial production beats expectations; up 10.4 pc

In a clear indication of economic recovery, the Index of Industrial Production grew at 10.4 per cent in August this year, against 1.7 per cent in the same month a year ago on account of robust activities in core sector.The index of consumer goods increased by 8.5 per cent, compared to 6.4 per cent g...

Govt rules out immediate withdrawal of economic stimulus

Rupee down eight paise against dollar

cuts early sharp lossesRiding on a strong surge in equity markets, the Indian rupee today pared most of the losses but still ended down by eight paise at 46.48 against the US dollar.Forex dealers attributed the fall in the rupee to short covering of dollar by exporters after the last week's...