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ECONOMY NEWS - Page 366

Budget to provide booster to New Pension SystemSubscriber Only

June 18, 2009 15:51 IST

The Finance Ministry is likely to provide a booster to NPS in forthcoming Budget by exempting initial contribution to it from income tax.

World needs new reserve currencies: RussiaSubscriber Only

June 16, 2009 11:58 IST

Russian President Dmitry Medvedev said on Tuesday world needed new reserve currencies.

Gold remains weak on lower global cuesSubscriber Only

June 13, 2009 16:21 IST

Gold prices extended losses for the third straight day in the bullion market.

Need growth with fiscal discipline: FMSubscriber Only

June 11, 2009 12:45 IST

Pranab said there was a need to find ways to bring the economy back to higher growth path.

S&P may downgrade India’s ratingSubscriber Only

June 9, 2009 18:17 IST

Global rating agency Standard & Poor's said it may downgrade India's sovereign rating.

Govt has scope for asset sales: MontekSubscriber Only

June 8, 2009 16:22 IST

The govt has scope to raise funds through asset sales of state-run firms,Ahluwalia said.

India stresses resuming Doha talksSubscriber Only

June 8, 2009 16:20 IST

Disagreement between India and US over reduction in tariffs led to collapse of talks in Geneva.

Global airline losses to hit $9 bn in 2009: IATASubscriber Only

June 8, 2009 12:08 IST

Global airlines are likely to lose $9 bn this year as rising fuel create an unprecedented crisis.

Budget to mirror UPA priorities: PMSubscriber Only

June 5, 2009 18:10 IST

The Union Budget for 2009-10 will reflect UPA Government's ambitious agenda like Rs three kg rice or wheat for BPL families,enlarging NREGA coverage and more focus on infrastructure to bring the economy on high growth.

‘Capital flows to India may double in FY10’Subscriber Only

June 3, 2009 16:26 IST

Capital flows to India will almost double to $33.9 bn from an estimated $17.3 billion in 2008-09.

Montek may continue as PC Dy ChairmanSubscriber Only

June 2, 2009 16:27 IST

Montek Singh Ahluwalia is likely to remain Deputy Chairman of the Planning Commission,which will be constituted shortly.

IT industry to meet FM for pre-budget consultationsSubscriber Only

June 2, 2009 13:17 IST

The software industry will meet Finance Minister Pranab Mukherjee to put forward their demands for the sector.

Communists put brakes on industry after voteSubscriber Only

May 26, 2009 16:36 IST

India's communists will limit land acquisition for industry in their heartland state after voters’ anger.

PM for pushing reforms,jobs & investmentSubscriber Only

May 19, 2009 16:09 IST

The new Govt will revive economic growth and make it even more inclusive,PM elect said.

Business confidence in India rises: KPMGSubscriber Only

May 14, 2009 13:35 IST

The confidence of service sector in BRIC countries has witnessed a sharp rise,KPMG says.

Inflation seen at 0.3 pct on May 2Subscriber Only

May 13, 2009 14:06 IST

Inflation is expected to have fallen back at the start of May after rising in previous 3 weeks.

Economy to grow 7-7.5 pct: Plan PanelSubscriber Only

May 8, 2009 12:35 IST

India will expand at 7-7.5 pct in current fiscal that began in April,a PlanComm member said.

Oil falls below $51 amid weak consumer spendingSubscriber Only

May 1, 2009 14:21 IST

Oil prices fell below USD 51 a barrel in Asia as investors clung to a month-long trading range amid uncertainty.

Pandemic risk fuels fears for world economySubscriber Only

April 28, 2009 11:51 IST

The rising risk that a global pandemic could snuff out frail signs of recovery in world economy.

‘Economy to recover in H2,if stable govt comes’Subscriber Only

April 24, 2009 15:42 IST

Goldman said economic activity increased immediately after 5 elections out of 7 since 1984.

$30 bn FDI expected in 2009-10Subscriber Only

April 24, 2009 15:08 IST

Global investors are expected to remain positive on India and bring $30 bn FDI into the country.

Inflation seen at 0.09 pct on April 11Subscriber Only

April 22, 2009 14:39 IST

The annual inflation rate is forecast to have eased to just above zero in second week of April.

‘India’s GDP to fall to 3.4% in 2009’Subscriber Only

April 17, 2009 18:31 IST

India's economic growth rate is expected to fall drastically to 3.4 per cent this year.

Executives feel economy recovering: SurveySubscriber Only

April 16, 2009 14:22 IST

Enthused by stock market rally,a number of executives believe economy is on a recovery path.

Treasury tallies $10 bn for mortgage modsSubscriber Only

April 16, 2009 11:30 IST

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

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