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Thursday, May 19, 2022

Treasury tallies $10 bn for mortgage mods

April 16, 2009 11:30:18 am

Money is available through a $50 bn program to encourage mortgage servicers to ease terms.

China GDP slowest on record

April 16, 2009 11:28:36 am

Annual economic growth slowed to 6.1 per cent from 6.8 per cent in the fourth quarter of 2008.

Domestic air traffic falls by 12 pc

April 15, 2009 3:43:30 pm

Domestic air travel in the first three months of this year witnessed a sharp fall.

JSW Energy to pump 5,000 cr in power

April 15, 2009 2:13:56 pm

JSW Energy will invest Rs 5,000 crore in commissioning power projects worth 1,200 MW this financial year.

‘Improved demand for steel to continue’

April 15, 2009 12:31:37 pm

The CMIE has said that the improved demand for steel will continue in the current fiscal.

Sugar prices may go up after June: CMIE

April 15, 2009 11:07:21 am

Sugar prices are likely to go up after June due to fear of rapid depletion of inventories.

‘March exports seen down 31 per cent’

April 14, 2009 10:17:32 am

India's exports fell for a 6th straight month according to the provisional estimate for March.

Tatas,RIL among 50 most innovative cos

April 10, 2009 5:23:45 pm

Three Indian entities have entered BusinessWeek magazine's list of world's 50 most innovative companies.

FDI dips in Feb but annual inflows show growth

April 9, 2009 4:56:35 pm

Inflows remained robust in the first half of 2008-09 but with the deepening of international financial crisis,it slowed down.

Govt to protect expatriates from meltdown

April 7, 2009 3:39:27 pm

Vice President Hamid Ansari said the Govt was mulling steps to ensure welfare of expatriates.

‘India should closely monitor forex reserves’

April 6, 2009 2:24:32 pm

The forex inflow through FDI,stocks and foreign institutions had come down from $64 bn to $13 bn.

Mutual Funds industry sitting on a volcano

April 1, 2009 3:45:37 pm

The mutual funds industry is sitting on a volcano as 75-80 pct of its assets are short-term.

World economy may shrink up to 1 pct: IMF

April 1, 2009 11:41:42 am

The IMF sees the world economy contracting by between 0.5 per cent and 1 per cent in 2009.

Finance reform delayed by crisis: RBI

March 30, 2009 4:45:03 pm

The report said once the current turmoil had passed,fiscal discipline needed to be reasserted.

India to beat IMF projection of 5.1 pct growth

March 27, 2009 1:50:17 pm

Bolstered by "hopeful signs" in certain sectors,the government said India will beat the IMF projection of 5.1 per cent growth in 2009.

Growth to be around 6.5 pct: Montek

March 27, 2009 1:46:47 pm

India is likely to grow at 6.5 per cent or above in the current fiscal and in 2009-10.

Govt,RBI working to revive growth: Official

March 27, 2009 1:45:19 pm

The government expects growth in the Indian economy to slow to 7.1 per cent in 2008/09.

Govt recovers Rs 18,000 crore tax

March 24, 2009 2:49:20 pm

Of the total tax recovery made,Rs 13,000 crore was collected from regular tax payers.

Govt targets to collect $67 bn direct taxes

March 17, 2009 4:23:22 pm

India is confident of meeting its revised direct tax collection target of $67 bn for the current fiscal.

Fiscal deficit seen at 10.3 pct in FY10: Nomura

March 17, 2009 2:13:49 pm

India's combined fiscal deficit is likely to narrow slightly to 10.3 per cent of GDP,from 10.8 per cent in 2008/09,Nomura said in research note.

GDP growth to stabilize around 7%: CMIE

March 16, 2009 4:06:23 pm

India's real GDP is projected to grow by 7% in FY 10,Centre for Monitoring Indian Economy said.

India back on FDI radar,beats recession blues

March 16, 2009 3:32:28 pm

At a time when the world economy is facing credit freeze,India attracted $2.7-bn FDI in January.