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Deccan Mujahideen threatens to attack Indian airports

New Delhi :: India | about 13 hours ago | Business News

Posted by vishnughimire

The Deccan Mujahideen group that claimed responsibility for last week’s terror attacks in Mumbai, has now threatened to attack the New Delhi, Bangalore and Chennai airports between December 3 and 7. According to report, the threat was given through an...

20 news stories / 6 blog posts / 6 images / 8 videos / 0 voices

US lost 4,00,000 jobs in November: Goldman

Gwalior :: India | about 4 hours ago | Business News

Posted by city786

Thu, Dec 4 10:30 AM Goldman Sachs has revised up its forecast for US job losses in November to 400,000 after reports showing a dismal employment picture in the private sector, particularly in services. The analysts at Goldman had previously...

7 news stories / 4 blog posts / 3 images / 0 videos / 1 voice

Will ensure non-stop credit flow: RBI

Hyderabad :: India | about 11 hours ago | Business News

Source: India Abroad

Ahead of the much-talked about stimulus package to be announced this weekend, RBI governor D Subbarao said on Thursday the central bank will ensure continuous flow of credit to all productive sectors. "We will try to maintain a comfortable liquidity position....

5 news stories / 4 blog posts / 0 images / 0 videos / 0 voices

No premature exit in closed-ended schemes

Mumbai :: India | about 11 hours ago | Business News

Source: The Hindustan Times

Investors in closed-ended mutual funds will not be allowed to exit before the scheme matures. This was one of the key decisions taken by Securities and Exchange Board of India (Sebi) in its board meeting, held on Thursday. The capital...

5 news stories / 6 blog posts / 6 images / 1 video / 0 voices

U.S. economy takes turn for worse, Fed report says

Gwalior :: India | about 17 hours ago | Business News

Posted by city786

Thu, Dec 4 03:00 AM The U.S. economy took a distinct turn for the worse in recent weeks, with labor markets weakening, consumer spending slumping and price pressures easing, a Federal Reserve report showed on Wednesday. The Fed's Beige Book,...

18 news stories / 7 blog posts / 8 images / 5 videos / 1 voice

Inflation at 7-month low

New Delhi :: India | about 12 hours ago | Business News

Source: Hindu

The rate of inflation dipped further to 8.40 per cent for the week ended November 22 from 8.84 per cent in the previous week on account of lower prices of non-administered fuel products and certain manufactured food items even as...

5 news stories / 3 blog posts / 6 images / 7 videos / 0 voices

Infosys to freeze new hiring, no job cuts

New Delhi :: India | about 16 hours ago | Business News

Source: Indian Express

India's second largest software services firm however has no plans to cut jobs and is sticking with its third quarter outlook, CEO Kris Gopalakrishnan said. He said the outsourcing sector's growth rate would halve next year as some customers delay...

5 news stories / 3 blog posts / 6 images / 10 videos / 0 voices

India to cut rates to aid economy

New Delhi :: India | about 15 hours ago | Business News

Source: Gulfnews.com

The head of the Reserve Bank of India (RBI) warned the outlook for India was mixed and a period of painful adjustment was inevitable, but said the bank would act when the time was right as the impact on India...

4 news stories / 4 blog posts / 3 images / 3 videos / 0 voices

Govt snubs NTPC, RIL gas to run Dabhol

New Delhi :: India | about 16 hours ago | Business News

Source: Times of India

The government has told Mukesh Ambani-controlled Reliance Industries Ltd to supply gas to Maharashtra's Dabhol power plant once the court stay is lifted and it starts production from its Andhra offshore fields...Gas supplies to Dabhol will be made from the...

4 news stories / 3 blog posts / 8 images / 0 videos / 0 voices

SC hearing on validity of ordering CBI probes

New Delhi :: India | about 9 hours ago | Business News

Source: Daily News & Analysis

A five-member Constitution Bench of the Supreme Court on Thursday commenced hearing on a batch of petitions challenging the validity of courts ordering CBI probes into various incidents occurring in different states of the country. Opening the arguments for West...

3 news stories / 1 blog post / 2 images / 0 videos / 0 voices