If, as reported, this government issues its first overseas debt in today's global market conditions, it would be both bold and smart. Yes, markets are still jittery. But consider the fact that the credibility of government has never been higher
In a major initiative to pump prime the economy through public expenditure, the government has decided to inject a whopping Rs 50,000 crore for funding infrastructure projects.
Yahoo Inc chief executive officer Jerry Yang will step down amid mounting pressure from investors after he botched takeover talks with Microsoft Corp and failed to broker an online advertising agreement with Google Inc.
Auditing and consulting firms PricewaterhouseCoopers and KPMG are working with the Reserve Bank of India and the Indian Banks' Association on adopting international financial reporting standards for banks in India.
Just how concerned should American taxpayers be about American International Group, the insurance company brought to its knees by its escapades in the credit-derivatives market?
A more viable alternative regarding the issue of recognition of qualifications would be a specific chapter on recognition of qualifications which should entail obligations by the governments of both sides, in contrast to mutual recognition agreements which would be negotiated
Coromandel Fertilisers Ltd, a Murugappa group company, is planning to import substantial quantity of raw materials as well as finished goods from China as opening stocks for next season, sources aware of the development told FE here.
Tamil Nadu has been making rapid strides in mulberry cultivation, raw silk production and productivity per 100 DFLs during the last five years. Mulberry cultivation grew from 12,863 acre in 2004-05 to 45,000 acre in 2008-09.
Union minister for chemicals, fertilisers and steel Ram Vilas Paswan is optimistic about the proposed Petroleum, Chemical & Petrochemical Investment Region at Nayachar near Haldia.
An uneasy year so far for Yahoo has perhaps worsened with co-founder and CEO Jerry Yang stepping down. Yang had taken over from former CEO Terry Semel in 2007, who had been at the Internet giants helm of affairs for
Citibank said that the 52,000 global layouts will have limited impact in India. "The headcount reductions announced globally will have limited impact in India," the bank said in a statement.
India's corn exports are set to crash to 200,000 tonnes in 2008-09 from 3 million tonnes as a three-month export ban and more attractive shipments from Brazil after its currency weakened hit demand, a top exporter said.
Finalising the 1,320 mw Karchchana mega power project to be built on supercritical technology under private sector in Allahabad district is posing to be a tricky issue for officials of the Uttar Pradesh Power Corporation.
ICICI Bank, India's second largest bank, has halved its target for growth in lending to 15% as global financial-market turmoil spills into Asia's third-largest economy.
Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday said the government is keeping a close watch on the liquidity situation and will take more steps if need be."The monetary stance has changed and inflation is not as serious a
Major world banks showed the unrelenting strain of economic crisis on Tuesday, with Britain's Barclays offering funds to quell shareholder anger and profits in Japan's largest bank tumbling 64 %.
About six months after it had abolished the import duty on steel to rein in rising prices, the government on Tuesday restored the 5% duty on the product to avert the 'dumping' of cheaper Chinese imports and imports from other
As if the leadership had premonitions of the looming financial cataclysm, the ministerial summit in Colombo in August this year did not require protracted discussion and manoeuvrings to come out with a short, precise and clear statement on food security
