The farm loan waiver announced in the union budget was a one-time affair which will not be repeated, Agriculture Minister Sharad Pawar said Saturday. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 1:30 pm
The Gujarat government blamed the central government Saturday for adopting a fuel price mechanism which has led to a steep rise in power rates and a crippling effect on industrial production in the state. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 12:33 pm
In a world where men wrote the rules, women need to see they are included in every sphere of life as equal partners, said Kiran Bedi, former Indian Police Service (IPS) officer, here Saturday. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 12:31 pm
The fear of losing farmers to other vocations was one of the underlying factors that prompted the central government to waive Rs.600 billion ($15 billion) worth of loans to the agriculture sector, which is already facing low growth and stagnating productivity, Finance Minister P. Chidambaram said here Saturday. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 12:31 pm
President George Bush has acknowledged `our economy has slowed` as American employers slashed 63,000 jobs in February, the most in last five years, but claimed a stimulus package could help stem the tide. Source: Zee News : Business | 8 Mar 2008 | 12:08 pm
India`s foreign exchange reserves have crossed the USD 300-billion mark for the first time, taking just 11 months to swell by USD 100 billion to the new
level. Source: Zee News : Business | 8 Mar 2008 | 12:08 pm
The European Union (EU) and India`s top trade negotiators said on Friday they hoped ministers could meet soon to seek a breakthrough in global trade talks, but said positions were too far apart for them to meet now. Source: Zee News : Business | 8 Mar 2008 | 12:08 pm
Union Finance Minister P Chidambaram on Saturday said he would soon explain in Parliament how funds for the purpose were to be mobilised. Source: Daily News & Analysis: Money News | 8 Mar 2008 | 11:42 am
MUMBAI (Reuters) - Two-wheeler sales in India, the world's biggest market after China, will revive during the next fiscal year helped by price cuts and a strong economy, a senior official at the Indian unit of Honda Motor Co said.
Claiming that the Centre was only clearing the debts the nation owed to farmers by writing off loans to the tune of Rs 60,000 crore, finance minister P Chidambaram said. Source: Daily News & Analysis: Money News | 8 Mar 2008 | 10:18 am
The Indian equities market was battered by weak global market and budget blues this week. The hike in short term capital gains tax in the 2008-09 budget did not go well with the capital market at all. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 10:01 am
DHAKA (Reuters) - Bangladesh's government said on Saturday it had no immediate plans to raise domestic fuel prices as suggested by the Asian Development Bank, one of the poor South Asian country's main development partners.
STANFORD, Calif. (Reuters) - U.S. Treasury Secretary Henry Paulson said on Friday that February job losses were unwelcome but not surprising, and urged major financial institutions to raise capital to keep lending taps open during a difficult period.
Sensex crashed by another 566.56 points or 3.4 per cent on Friday, bringing it below the 16,000 mark to close at 15,975.52, lowest since September 18, 2007. Source: Daily News & Analysis: Money News | 8 Mar 2008 | 4:58 am
LONDON (Reuters) - The European Union and India's top trade negotiators said on Friday they hoped ministers could meet soon to seek a breakthrough in global trade talks, but said positions were too far apart for them to meet now.
In a clear sign that the dip in sales is getting to them, at least three developers in Mumbai are offering huge discounts to entice prospective flat buyers. Source: Daily News & Analysis: Money News | 8 Mar 2008 | 4:54 am
City-based real estate property company ETA Star Property Developers Ltd has decided to enter Madurai, Coimbatore and Kolkata markets with big plans. The company is part of the $4-billion turnover closely held ETA Ascon group of Dubai and has promoted projects in Chennai and Bangalore. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 4:00 am
If you sip a cup of hot coffee at the Indian Coffee House, you contribute to the cause of the working class. The popular restaurant chain, run by workers' cooperatives, marks its golden jubilee this year. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 4:00 am
US President George W. Bush defended the actions his administration has taken to bolster the lagging US economy amid a report Friday of a sharp loss of jobs in February. Source: IndiaeNews.com: Business News | 8 Mar 2008 | 1:31 am
Bangalore, March 7 The trial flight to and from the new Bengaluru International Airport on Friday probably could not have been more symbolic than this. A highly turbulent 15-minute trip each way on Friday from the present HAL airport to the ... Source: Business Line - Home Page | 8 Mar 2008 | 12:00 am
New Delhi , March 7 Tata Teleservices is planning to sell up to 49 per cent stake in its tower subsidiary Wireless Tata Telecom Infrastructure Ltd in the next two months. The company has short listed as many as 15 bidders which include tower ... Source: Business Line - Home Page | 8 Mar 2008 | 12:00 am
Does Vodafone have something to worry about in the latest Finance Bill? Seems so, according to tax experts, who cite the proposed amendment to Section 201 of the Income-Tax Act, 1961 about ‘assessee in default’. Significantly, ... Source: Business Line - Home Page | 8 Mar 2008 | 12:00 am
Tata Group Chairman Ratan Tata has evinced interest in buying a stake in the world's best-known supercar manufacturing company, Ferrari. ?? Source: Business Standard | Front Page Headlines | 7 Mar 2008 | 11:51 pm
Besides, the British travel giant will buy 100% of Thomas Cook-branded businesses in Egypt and licences for the brand in 15 Middle Eastern countries. Source: Daily News & Analysis: Money News | 7 Mar 2008 | 10:48 pm
Arm's length price should be determined based on multi-year data and by using appropriate systems. Source: Daily News & Analysis: Money News | 7 Mar 2008 | 10:48 pm
With the financial year drawing to a close, you cannot but come across agents desperate to sell you investment products with tax benefits - from mutual fund to life and general insurance plans. Source: Daily News & Analysis: Money News | 7 Mar 2008 | 10:48 pm
Air India is looking to develop a major third party maintenance, repair and overhaul (MRO) facility in the next two years. Source: Daily News & Analysis: Money News | 7 Mar 2008 | 10:48 pm
The Bankex has tanked 16.2% in the last one week, thanks to the uncertainties and negative news about the industry. Source: Daily News & Analysis: Money News | 7 Mar 2008 | 10:48 pm
With sun and sand beckoning, the men behind this year's Goafest campaign, Raghu Bhat and Manish Bhatt, spoke to Nirmal John and Arcopol Chaudhuri. Source: Daily News & Analysis: Money News | 7 Mar 2008 | 10:48 pm
WASHINGTON (Reuters) - U.S. employers unexpectedly cut jobs in February at the steepest rate in nearly five years, a second straight month of employment losses that heightened fears the world's largest economy has skidded into recession.
With a view to giving zardosi (brocade embroidery) a big boost, the Uttar Pradesh government Friday decided to offer 25 percent subsidy on air freight for this much sought after handicraft. Source: IndiaeNews.com: Business News | 7 Mar 2008 | 6:30 pm
MUMBAI (Reuters) - Utility Tata Power Co Ltd is considering building power plants in Southeast Asia and is looking at mines in Indonesia though rising coal prices are making acquisitions expensive, its managing director said.
MILAN (Reuters) - Businessman Ratan Tata would like to buy a stake in Fiat's luxury sports car unit Ferrari, he was quoted as saying in an interview with Italy's L'Espresso weekly news magazine.
City-based real estate major Matheran Realty Pvt Ltd (MRPL) Friday announced the launch of an integrated mega-township project in collaboration with a British partner targeting the low-income groups. Source: IndiaeNews.com: Business News | 7 Mar 2008 | 6:02 pm
PARIS (Reuters) - Central bankers from the world's industrialised and developing regions voiced concern on Friday over surging food and energy prices, their latest big challenge as globalisation unsettles the balance of supply and demand.
