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September 20, 2009 10:47 AM
Finance Minister Pranab Mukherjee says the government would wait and watch the situation before deciding on rolling back the stimulus packages announced after India's economic growth slackened impacted by the global financial crisis. He was talking to reporters in Bangalore today. Mr. Mukhe...
September 19, 2009 9:21 PM
India will oppose protectionism of all forms in the G 20 summit beginning in Pittsburgh USA next week. The third G 20 summit will coordinate the views of developed and emerging market economies on trade, investment and growth and also look to the strengthening of the regulatory frame work of financi...
September 19, 2009 8:39 PM
The International Monetary Fund's executive board has approved the sale of up to one-eighth of its gold holdings for a new income model and financing for low-income nations. According to a statement from the IMF, the sale of about 403.3 metric tons of gold would be done in a responsible and...
September 19, 2009 6:17 PM
Union Finance Minister Pranab Mukherjee has assured the business leaders that the proposed Direct Tax Code is a futuristic bold tax regime beneficial to everyone in the long run. He said that out of 945 responses received till now, around 80% people have termed the proposed Code as Excellent or Very...
September 19, 2009 1:37 PM
The shortfall in the kharif paddy coverage has reduced following grain in the past two weeks. The Agriculture commissioner Mr N B Singh says that the area under coarse, cereals and pulses is higher than the last year but there is shortfall in the acreage of sugarcane and oilseeds. Mr Singh said thou...
September 19, 2009 1:28 PM
The International Monetary Fund, IMF, has approved the sale of a limited amount of its gold to shore up its finances. China, India and Russia have indicated interest in such purchases as a way of reducing their position in dollar-denominated securities. The purchase of the gold will also help these ...
September 19, 2009 12:24 PM
A low carbon growth strategy for the power sector is on the anvil to address the growing challenge of climate change. Official sources said that super critical technology will be used in thermal power plants for rapid reduction of green house gases. The Power Ministry has already started partnership...
September 18, 2009 6:18 PM
Posting its fourth straight session of gains, the Sensex at the Bombay Stock Exchange ended 30 points, or 0.2 percent higher, at 16,741, today. The Nifty at the National Stock Exchange added 11 points, or 0.2 percent, to 4,976. But stock markets in Japan, China, Hong Kong and Singapore fell between ...
September 18, 2009 3:24 PM
The Government has invited foreign investment and bids for speedy completion of mega road projects in the country. The Minister for Road Transport & Highways Mr.Kamal Nath met the potential US investors in New York city to discuss the creation of Expressway Authority of India.This will exped...
September 18, 2009 3:24 PM
Senior ministers of Turkey and Iraq are meeting in Istanbul for the second day on Friday to boost cooperation in a wide range of areas, mainly in the economic field. Iraqi foreign minister Hoshyar Zebari on Thursday pledged to boost cooperation in the fields of security, economics, energy, water and...
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