Market ends with marginal gain
Snowberry foraying into Indian market with $50 mn investment
UAE launches business specific airline
Dubai : A new airline has been launched in the UAE to cater to the growing demands of business aviation in the Middle East.
Global trade show organizer Reed set to expand operations in India
India’s democracy makes growth strategy predictable: Economist
OPEC crude price continues to climb
Bihar gets increased budget for minority welfare, observers raise questions on implementation
Emirates adds 18 flights between Dubai, India
Power generation plunges at NLC following strike
Haryana to develop new township near Rohtak
Singapore Airlines to operate two new flights from New Delhi
SAIL, POSCO join hands for strategic alliance
OPEC again lowers oil demand forecast for 2009
Jet Airways launches Mumbai-Bangkok flight
Economic, not politics can unite Muslims – Islamic Chamber of Commerce Chief
Cairn India to invest $2 bn in energy sector
India-Britain trade could reach $40 bn by 2015: Industry
Pakistan, India ‘cementing’ ties
India grows 8.6 percent in fourth quarter
HLL Lifecare enters herbal product market
Satyam’s Raju diverted Rs.74 bn for personal gain: Prosecutor
Second phase of Maharashtra power project commissioned
Trade text ‘violates’ Doha mandate: India tells West
Reliance stocks up after Ambani brothers call truce
Dubai to host Middle East financial services exhibition
IMF warns of near-trillion-dollar loss in financial crisis
DCB eyes 40 percent growth in advances by FY’08
New broad gauge line for Sikkim approved
RBI to take more steps to rein in inflation
Sri Lanka hopeful of Indian help to overcome rice crisis
India has 5,726 agri clinics and business centres: minister
Government to release Rs.2,546 crore for textile sector
Ensure funds for fertiliser subsidy: PM
Coal block case: Arguments on framing of charges against RSPL on March 27
RBI increases repo rate
Highlights of Reserve Bank’s review of monetary policy
By IANS
Mumbai : Following are the highlights of the review of India's monetary and credit policy for the current fiscal conducted by the country's central bank here Tuesday:
- Bank rate kept unchanged
- Reverse-repurchase rate and repurchase rate kept unchanged
- Cash reserve ratio increased by 50 basis points to 7 percent
- Economic growth projection for 2007-08 retained at 8.5 percent
- Stated priority of containing inflation below 5 percent
- Upward pressures on inflation persist
HP, BlackBerry, Wal-Mart sink as markets retreat over Libyan crisis
India’s key interest rates unchanged in monetary policy review
New Delhi : India's central bank Tuesday kept its key lending rate unchanged along predictable lines, but increased the minimum cash banks have to retain against deposits in a bid to curb liquidity and contain inflation.
After the first review of the monetary and credit policy announced in April, the Reserve Bank of India (RBI) said the cash reserve ratio was being raised by 50 basis points to seven percent - the highest in six years - from Aug 4.
Consolidated Construction to focus on infrastructure projects
Record year for public offers as Indian equities soar
Sensex closes over 250 points in the red
Himachal tourism offers monsoon discounts
Shimla : Tourists visiting Himachal Pradesh this monsoon can avail discounts of up to 40 percent in all properties owned by the state's tourism development corporation. The offer comes into effect from Thursday.
Adani Enterprises buys Australian coal asset for $2.7 billion
Caritor completes $854 mn acquisition of Keane
Hyderabad : Caritor, Inc, a global IT services provider, Tuesday announced the completion of its acquisition of Keane, Inc. for an all-cash purchase price of $854 million.
Recession hits Indian sports goods market
ONGC joins Fortune’s most admired list of companies
Assocham honours Sharjah economic zone
India adds 6.19 mn GSM mobile phone users in January
Over 12,000 bad cheques cases settled in one day
Exporters’ lobby requests Patil to award entrepreneurs
US unemployment rate jumps to 8.9 percent
Oil prices in Asia up for 2nd day after hints of production cut
IMF cuts 2008 growth forecast
Indian stock markets open in the red
‘ICT the DNA of modern warfare’
Ludhiana’s steel forges to collectively trade carbon credits
Government urged to slash olive oil import duty
Sony’s net profit down 94.8 percent in October-December period
India is fastest growing internet market
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Kolkata : India is the fastest growing internet market in the world with over 23 million active internet users, holding out prospect of a larger growth in the number of netizens.
The top eight metros were driving the growth of internet in India with fast growing adoption in smaller cities, said Manish Agarwal, Vice-President (Marketing) of rediff.Com, one of the leading online community portals.
Satyam starts bidding process for its sale
Modi hard sells Gujarat in India’s tech hub
Obama chooses former Clinton aide to head budget office
Maruti Suzuki Nov car sales dip 24.3 percent
Jaguar Land Rover eyes 250 units sale in current fiscal
Telecom watchdog disconnects over 10,000 telemarketers
Thousands denied drinking water, farmers denied water for irrigation: The true cost of Sabarmati...
Indian equities up ahead of the expiry of futures contracts
India to fix minimum $300 a month wage for domestics abroad
Å kodaIndia to launch small car by year-end
Jaipur : Å kodaIndia - a subsidiary of Å kodaAuto a.s., Czech Republic (Volkswagen Group) - is planning to launch its small car in India by this year end.
Bharti Airtel crosses 100 million subscriber mark
Coca-Cola completes Glacéau acquisition
By IANS
Washington : The world's largest beverage maker Coca-Cola has closed its acquisition deal for the US-based water brands maker Glacéau in which India's Tata Tea held 30 percent equity shares worth $1.2 billion.
Wipro, EMC deal for information infrastructure
New Delhi : Indian IT giant Wipro Ltd and EME Corporation, a global information infrastructure technology provider, Wednesday announced their strategic alliance aimed at delivering higher value to global customers.
India, Myanmar sign four agreements
Nokia closure ends phone manufacturing in Germany
Tourism sector gets Rs.1,070 crore
Indian equities drop after opening marginally higher
UAE supermarket chain commits to freeze prices
Home sales dip in Spain
Indian shares dip, after rising to record high
Mumbai : Indian shares closed 0.24 percent down, dragged by bank, telecom and cement stocks, after the key Sensex index hit a record high of 15,114.95 during early trade Tuesday.
Small industries feel the pinch of economic slowdown
China’s growth to slow to 10.4 percent this year: report
Japan, Asian Development Bank pledge $1 mn aid to Bihar
Mukherjee set to present India’s budget for this fiscal
Pressure on prices continuing: Chidambaram
India looks at Russia for assured oil supply
Bharti retail in talks with realty majors for land
Kerala village loses legal battle against Pepsi
PM begins state visits to rejuvenate agriculture
Hyderabad : With an objective of rejuvenating agriculture in the country, Prime Minister Manmohan Singh Tuesday began state reviews of the sector with a visit to Andhra Pradesh. He will visit a few other states in the coming days.
"Agriculture is a national priority and we need to work hard to ensure that this sector grows in tandem with the rest of the economy," Singh told a meeting held to review the performance of the state in various sectors, especially agriculture and industry.
Sensex slips further in noon trade
HDFC Bank opens first international branch in Bahrain
Health insurance policy for workers starts
Exports rise 54 percent in March, fall for whole fiscal
Reliance to set up 800 MW power plant in Karnataka
Indian firms try new way to enter Nepal hydel sector
Bangalore now to emerge as India’s nano-technology hub
Laxmi Mittal on Goldman Sachs board
Tamil Nadu to offer sops on investment in southern districts
India on Bahrain telecom operator’s radar
Lalu Prasad set to present interim rail budget with no fare hikes
Pandit promotes ally Callahan at Citi
Lanco-Globeleq bid for Sasan power project invalid
By IANS
New Delhi : The empowered Group of Ministers (eGoM) Tuesday declared invalid the Lanco-Globeleq consortium's bid for the 4,000 megawatt Sasan power plant in Madhya Pradesh.
The eGoM declared Lanco's bid as void ab initio (invalid from the outset) at the request for the qualification stage, Power Minister Sushilkumar Shinde told reporters here after the fourth meeting of the body.

