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Indian economy



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3Vote!

Icrier Review of Indian economy 2009-10

ICRIER, the New Delhi based think tank has released its review of Indian economy for 2009-10. Despite signs of recovery from the global financial crisis, the GDP growth rate for the Indian economy is likely to be between 5.8 to 6.1 per cent in 2009-10, below the 6.7 per cent recorded in fiscal 2008-09. While there has [...]

5Vote!

Britain is left eating financial humble pie at the G20

Members of the eurozone were quite right to suspect 'Anglo-Saxon capitalism' It was a somewhat chastened British government which hosted the meeting of the finance ministers and central bank governors of that new focus of global economic power, the Group of Twenty, last week. In the run-up to the meeting at St Andrew's on Friday and Saturday, India's finance minister rubbed it in by boasting about...

+Vote!

Forum seeks enactment of uniform Act

TIRUCHI: The need for enacting and implementing an uniform Act for protecting the interest of chit fund companies by all States was underlined by the speakers at a seminar on the ‘role of chit funds in the growth of Indian economy’ ...

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Sweet & Sour

Western Uttar Pradesh is burning. The sugarcane rich belt, which is the backbone of India's economy, has reaped a bitter harvest this year.

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STel's domestic debut soon

Calcutta, Nov. 7: STel, a joint venture between Bahrain Telecom and the Siva group, plans to start rolling out GSM services in India during the fourth quarter of the current financial year.

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SRF polyester yarn for car tyres

New Delhi, Nov. 7: SRF will diversify into the manufacture of polyester industrial yarn used in car radial tyres by investing Rs 186 crore.

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Hint of churn in annuity offer basket

Calcutta, Nov. 7: Equity-linked annuity plans may soon make their way into the domestic insurance market.

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CII to organise India IT summit

KOCHI: The Confederation of Indian Industry, Kerala State Council, will organise ‘India IT Summit 2009,’ a two-day conclave of top IT professionals and officials, from December 10, in Thiruvananthapuram. It will be a major event ...

3Vote!

India may not achieve 9% growth during 11th Five Year Plan

India may not achieve its growth target of nine per cent during the 11th Five Year Plan period as the economic slowdown and drought would likely take their toll, a senior Planning Commission member said.

3Vote!

Axis Bank’s home loan exhibitions

CHENNAI: Axis Bank is organising “home for all” expo at major locations across the country. This follows the tremendous success of a similar expo organised last year. These expositions will showcase a wide array of properties, ...

3Vote!

Gold touches new peak

MUMBAI: Gold price continued its record journey as the metal scaled an all-time high of Rs. 16,900 (10 gram) on the bullion market here on Saturday, sparked by aggressive buying from stockists and traders following a sharp rally in the ...

3Vote!

S Tel’s telecom project achieves financial closure

CHENNAI: S Tel Private Limited (S Tel), a new entrant in the Indian GSM space, has announced the financial closure of its project with Rs. 2,000 crore outlay. Eight public sector banks led by IDBI Bank have come forward to provide the Rs. 953 ...

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Harley-Davidson begins brand promotion

News: | | | | | | | | | | | | | Advts: | | | | Harley-Davidson begins brand promotion Sandeep Joshi Boot camps across major citiesThe bikes will be customised— FILE PHOTO FASHION STATEMENT: Matthew Levatich, President & Chief Operating Officer, Harley-Davidson Motor Company (right) with Anoop Prakash, Managing Director, Harley- Davidson India. NEW DELHI: A few months after the U.S. and India...

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RCom announces two new tariff variants

CHENNAI: Following the announcement of ‘Simply Reliance Plan’ in October offering a single tariff rate of 50 paise per minute across all services, Reliance Communications has announced two new tariff variants effective November 5. ...

3Vote!

Dalmia Cement’s new Marketing Head

CHENNAI: B. K. Singh joined Dalmia Cement (Bharat) as Head-Sales and Marketing and will operate from the Chennai office. Prior to joining Dalmia Cement, Mr. Singh was Vice-President, Sales and Marketing, TI Cycles of India, says a release. ...