New Delhi :: India
| updated Tue Dec 01 05:24:49 -0800 2009
| business-news
25 IST New Delhi: The current trend in inflation in India is a result of a shortage of food items and not due to a demand-push factor, Finance Minister Pranab Mukherjee told parliament on Tuesday. The food articles index rose...
New Delhi :: India
| updated Tue Dec 01 07:27:40 -0800 2009
| business-news
Tuesday took the ongoing tariff war in telecom sector to the next level. The company reduced its tariff to half a paise per second for calls made within its own network and 1 paise per second for calls made to...
Mumbai :: India
| updated Mon Nov 30 13:53:21 -0800 2009
| business-news
Rupee rose on Monday after the strongest economic growth data in 18 months reinforced expectations of recovery and as stocks rallied on easing concerns about Dubai's debt problems. The partially convertible rupee ended at 46.50/52 per dollar, off a high...
Thiruvananthapuram :: India
| updated Tue Dec 01 03:39:20 -0800 2009
| business-news
Small and medium grade sugar (per quintal) prices eased by Rs 20 and Rs 15 per quintal, on heavy offloading from local dealers, traders said. In ex-mill category, small and medium grade sugars also slumped by Rs 20 per quintal...
New Delhi :: India
| updated Mon Nov 30 19:07:31 -0800 2009
| business-news
India’s economy gave yet another indication of its rapidly improving health, prompting greater ambition from policymakers still chary of withdrawing the stimulus medicine responsible for the recovery. Gross domestic product (GDP) expanded by a surprisingly strong 7.9% during the July-September...
Mumbai :: India
| updated Tue Dec 01 03:33:46 -0800 2009
| business-news
A senior Department of Telecom official said the proposal is there and a committee had suggested this. But he added that nothing has been finalised yet, therefore, no direction has been sent to the operators. According to telecom regulator Trai,...
New Delhi :: India
| updated Mon Nov 30 14:44:43 -0800 2009
| business-news
A draft corporate governance code formulated by a task force set up by a prominent industry body calling for harmonisation of regualtion between the Companies Act and Sebi regulations among other measures was released on Monday. The draft code, the...
New Delhi :: India
| updated Tue Dec 01 05:32:17 -0800 2009
| business-news
India's economy could grow 7 percent this fiscal year, with industrial output and services offsetting an expected decline in farm output, but it will be inflation that determines the central bank's monetary policy, a top government official said on Tuesday....
New Delhi :: India
| updated Mon Nov 30 23:01:14 -0800 2009
| business-news
Union corporate affairs ministry, has begun prosecution proceedings against the alleged perpetrators of the country's largest accounting fraud that took place in Satyam [ Get Quote ] Computers last year. The agency filed a case against Satyam founder Ramalinga Raju...
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