Meeting to discuss state of Indian economy
New Delhi: In a meeting of Standing Committee on Finance,finance ministry officials admitted that the economic situation was critical but said that FDI inflows and lower inflation may help rev up growth.
India to grow at 6.7% in 2012: UN
New york: Indias economy will grow at a slower pace of 6.7 per cent in 2012 instead of a previous 7.7 per cent forecast,according to the United Nations,which warned that the euro area debt crisis will remain the biggest threat to world economy this year.
Indiabulls power plant gets global certification
New Delhi: Indiabulls Power Companys thermal power plant in Amravati,Maharashtra has received ISO 9001 and OHSAS 18001 certifications by the United Kingdom Accreditation Service.
NTPC blames government for power crisis
New Delhi: Arup Roy Choudhury,chairman of NTPC blamed the government for fuel shortages that have exacerbated the energy crisis and put off steps to increase power generation as he warned NTPC would fall far short of its own target to up capacity.
Nokia shares drop 1% amid reports of takeover
new york: Shares of Nokia dropped 1% Thursday amid reports that the firm may be acquired by Microsoft. In the first 30 minutes,Nokias ADRs were trading at $2.85 on the NYSE.
Enable developers offer affordable housing
New DelhI: The National Real Estate Development Council on Thursday organised a round table on private participation in affordable housing where in it said that government should bring in a regime that encourages developers to address housing shortage for economically weaker sections.