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  • Wednesday, April, 2024| Today's Market | Current Time: 01:13:53

    • Economy

    Private Sector expected to Contribute 40% in Power Sector: Shinde

    Ottawa: Inviting Canada to be partner with India in its adventure towards Power Sector reforms, Union Power Minister, Shri Sushil Kumar Shinde has said India’s power sector presents an opportunity for investment in all its segments as we seek to not only put in greater capacities but also strive to indent the latest technologies across […]

    Economy

    Prime Minister Reviews Financial Inclusion Efforts

    Prime Minister Dr. Manmohan Singh reviewed the progress towards Financial Inclusion by banks in India with Dr. D. Subbarao, Governor, Reserve Bank of India, and Shri R. Gopalan, Secretary (Financial Services). Deputy Governors RBI, Mrs. Usha Thorat and Dr. K.C. Chakrabarty were also present. PM was briefed on the efforts being made by banks to […]

    Economy

    India to G20: Coordinate policies against protectionism

    At a time when states in the US are embracing policies that reek of protectionism, India asked a grouping developed and developing economies to act towards keeping trade open and ensure financial stability. “The immediate spheres of such coordination (between G20 member countries) are macroeconomic policies and exit strategies, pace of regulatory reforms to ensure […]

    Economy

    Govt clears 11 new SEZ proposals

    The government on Thursday cleared 11 new proposals to set up special economic zones, including those of Infosys and Wipro. In its meeting in New Delhi, the inter-ministerial Board of Approval (BoA) also approved India’s largest stainless steel producer JSL’s proposal to surrender its sector-specific SEZ in Orissa, Commerce Ministry Additional Secretary D K Mittal […]

    Economy

    Major economies forum meeting in New York next week

    Representatives of 17 major world economies, including India, will meet in New York next week to discuss climate change and clean energy issues on the sidelines of the UN General Assembly session. The two-day meeting in New York City on 20th September and 21st September would be chaired by the Deputy National Security Advisor for […]

    Economy

    Record High New Hong Kong Company Registrations Indicates Positive Outlook on the Local Economy: GuideMeHongKong.com

    Hong Kong S.A.R : The Hong Kong Companies Registry recently announced the incorporation of the 1,500,000th Hong Kong company, marking a milestone in Hong Kong company incorporation activity. The sharp rise in newly registered companies in Hong Kong is reflective of positive business sentiment and growth of the local economy, reports GuideMeHongKong.com. Further analysis by […]

    Economy

    Inflationary pressure on food items remains concern: Pranab

    Finance Minister Pranab Mukherjee has expressed concern over inflationary pressure on food prices, but said the Reserve Bank and his ministry will take appropriate action as and when needed. “Inflationary pressure is still there because food prices have gone up because of the erratic monsoon and certain other things,” Mukherjee told reporters in New Delhi […]

    Economy

    New WPI series comes into effect; Aug inflation at 8.51 pc

    Inflation for the month of August stood at 8.51 percent, according to the new Wholesale Price Inflation (WPI) series released by the government on Tuesday. As per the old series with a base year of 1993-94, WPI inflation stood at 9.5 percent for the month, according to the Commerce Ministry. Overall inflation in August witnessed […]

    Economy

    Factory output almost doubles at 13.8 % in July

    Indian industrial output growth nearly doubled to 13.8 percent in July, dispelling fears about a demand dip and enthusing policy planners to hope for a more than 8.5 percent economic expansion. Fears about falling demand had set in after an official bungling in the calculation of first quarter GDP numbers. However, the Index of Industrial […]

    Economy

    Inflation to come down in coming months: PM

    Prime Minister Manmohan Singh on Wednesday expressed hope that inflation, which is close to the double digit mark, will come down in the coming months. “Let us hope, it (inflation) will come down in the coming months. I am not an astrologer,” he told reporters. The overall inflation stood at 9.97 percent in July and […]

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