Supply disruptions drive food inflation up to 16.44%

Food inflation increased to 16.44 percent in the week ended 18th September as the cost of cereals, fruits, select vegetables and milk rose on account of supply disruptions due to heavy rains and floods. Week-on-week, food inflation climbed 0.98 percent points from 15.46 percent in the week ended 11th September. This was the fifth consecutive […]

Mukesh tops Forbes list of India’s richest

RIL Chairman Mukesh Ambani has topped Forbes magazine’s list of the 100 richest Indians for the third year in-a-row, pipping billionaires like L N Mittal and Azim Premji with a net worth of USD 27 billion. As per the Forbes research study, the combined net worth of India’s 100 richest people rose to USD 300 […]

Agriculture sector set to register robust growth: C Rangarajan

The chairman of Prime Minister’s Economic Advisory Council Dr. C Rangarajan said that the Agriculture sector is set to register a robust growth that  comfortably be 4.5 percent as projected due to favourable monsoon. Talking exclusively to DD News, Dr. Rangarajan said that inflation is still a matter of concern and there may be a […]

Sensex climb for second day to fresh 32-mth high

The Bombay Stock Exchange benchmark Sensex on Monday gained over 72 points to close at a new 32-month high on sustained buying by funds, particularly in metal stocks. Powered by foreign fund inflows, the index closed 72.20 points higher at 20,117.38, a level last seen in January 2008. The stocks in metal sector led the […]

The Union Minister for Commerce and Industry, Shri Anand Sharma with the Prime Minister of Canada, Mr. Stephen Harper, in Ottawa, Canada

Bulls charge ahead; Sensex, Nifty hit historic figures

The BSE benchmark Sensex crossed the psychologically crucial 20,000-mark and the NSE Nifty 6,000-level in the week, as foreign investors bet big on robust economic growth in India. Foreign institutional investors (FIIs) are on a buying spree in India, one of the fastest-growing major economies. FII inflow in the current-month September totalled Rs 18,649.23 crore […]

Mood brightens up for CWG; England athletes arrive in Delhi

Things finally began to look up for the  Commonwealth Games with Australia and New Zealand confirming participation and the first batch of English athletes landing in Delhi amid an emergency inspection of the much-criticised Games Village by CGF boss Mike Fennell. After days of indecision, Australia and New Zealand confirmed their presence in the October […]

Singh Presented ‘World Statesman Award’

A top US official described PM Manmohan Singh as “a man of uncommon decency and grace” who has led the way in building the Indo-US partnership, as he presented the Indian leader ‘The World Statesman Award. “History will also mark with special significance Prime Minister Singh’s personal contributions to the emerging partnership between the world’s […]

India third most powerful nation in world: US Report

India is the third most powerful country in the world after the US and China,  a US official report on global governance has declared. The new global power lineup for 2010 also predicted that New Delhi’s clout in the world will further rise by 2025. Among the powerful bloc, the country has been rated fourth […]

Afghan Election Ends amid Minor Incidents

Afghanistan’s parliamentary elections wrapped up Saturday after 10 hours long voting with one hour informal extension due to minor security incidents. The voting formally commenced at 7:00 a.m. local time amid Taliban threat, tight security and reported mismanagement across the country on Saturday and wrapped up at 4:00 p.m. local time. However, spokesman for the […]