- Index to check financial inclusion from June The finance ministry will come out with an index to assess financial inclusion on a quarterly basis from June onwards.
- Index to check financial inclusion from June The finance ministry will come out with an index to assess financial inclusion on a quarterly basis from June onwards.
- India ready to move WTO against EU Customs laws India has all its documents required for filing the case ready and is now awaiting approval from the Brazilian authorities before it jointly approaches the WTO.
- India ready to move WTO against EU Customs laws India has all its documents required for filing the case ready and is now awaiting approval from the Brazilian authorities before it jointly approaches the WTO.
- British Airways and union claim advantage in strike British Airways and the union representing the airline's 12,000 cabin crew both claimed they held the upper hand on the second day of a three-day strike on Sunday.
- Govt to offer coupons to poor for buying essential food Plans are afoot to offer coupons to small farmers for purchase of fertilisers too.
- Govt to offer coupons to poor for buying essential food Plans are afoot to offer coupons to small farmers for purchase of fertilisers too.
- Regulatory panel plans key change to definition of 'vanishing co' A regulatory co-ordination committee of the government will rethink a key change to the definition of ‘vanishing company’, which could have watered down the law in respect of such companies.
- IMF warns wealthiest nations about their debt
- US House Democrats expect healthcare bill passage Democratic leaders in the US House of Representatives said on Sunday they were confident they had the votes to pass a sweeping healthcare reform bill and deliver President Barack Obama a landmark political victory.
- Europe divided on aid to Greece before summit European leaders sent out conflicting signals at the weekend over aid to Greece, with Germany's Angela Merkel urging Athens to solve its debt problems alone and Italy's Silvio Berlusconi strongly backing EU support.
- Toyota shareholders sue over fallen stock price Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company executives deliberately misled investors and the public about the depth of accelerator problems in millions of its vehicles.
- China warns US against sanctions over currency
- Credit Suisse restricts bankers' travel to Germany Credit Suisse has said it is restricting bankers' travel to Germany after authorities there said they had launched 1,100 tax evasion probes against the bank's clients and were investigating staff on suspicion of aiding evasion.
- Japan likely to allow highly skilled foreign docs to practice Japan is willing to allow highly skilled foreign doctors to practice in the without the country's medical licence.
- China vows to hit back if targeted by US on yuan Beijing will retaliate if the United States declares China a currency manipulator and imposes trade sanctions, Commerce Minister Chen Deming said on Sunday, firing the latest salvo in a spat over the value of the yuan.
- GM's SKorean unit recalling nearly 60,000 vehicles General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats, the company's local unit and the government said Sunday.
- Telecom Egypt says 38 pct of undersea cable sold Telecom Egypt, the country's fixed-line monopoly, has sold around 38 percent of the capacity of its TE North undersea cable for $220 million, the firm said on Sunday.
- Rio executives' trial to cast spotlight on China courts Four executives from global miner Rio Tinto will stand before a judge in Shanghai on Monday, in a trial that will also subject China's judicial system to international scrutiny.
- Govt should give tax sops to MSMEs for investment in ICT: CII Industry chamber CII on Sunday sought tax concessions for the micro, small and medium enterprises (MSMEs) sector to encourage them for investing in information and communication technology to enhance competitiveness.
- Dubai World likely to seek 8 more years to repay debt The crisis-ridden conglomerate Dubai World is likely to ask its creditors another eight years to repay its debt worth about USD 22 billion, according to a media report.
- China to respond if hit by US trade sanctions: MOFCOM Chen, speaking at the China Development Forum, again accused Washington of politicising the issue ahead of an April 15 deadline when the US Treasury must decide whether to declare China a currency manipulator.
- March inflation trend to guide RBI for April policy: CEA Chief economic advisor Kaushik Basu has said the Reserve Bank is likely to assess inflation trends in March before for finalising the forthcoming annual monetary policy to be announced on April 20.
- Stronger RBI steps if inflation worsens: Pronab Sen The Reserve Bank is likely to take tougher action than the Friday's revision in its key policy rates if headline inflation aggravates, says chief statistician Pronab Sen.
- Bernanke: Too big to fail a 'pernicious' problem Regulators must be "significantly tougher" on large and complex financial firms to limit wider risks, but big firms are still needed to keep the global economy humming, US Federal Reserve Chairman Ben Bernanke said on Saturday.
- Comm Min against FDI in LLP firms on security grounds The Commerce and Industry Ministry is not in favour of allowing foreign direct investment through automatic route in companies of limited liability partnership (LLPs) structure due to security concerns, an official said on Sunday.
- Export to SEZs to get duty benefits Consignments from domestic area to customs bound special economic zones (SEZs) should be treated as exports, thus becoming eligible for duty rebates as applicable to offshore shipments, the revenue department has clarified.
- At Rs 3.54L cr, finmin hopeful of meeting direct tax target Having mopped up Rs 3.54 lakh crore from direct taxes till March 18, the finance ministry has expressed the hope that it could meet the Rs 3.87-lakh crore target set for the fiscal.
- FII investments increase after budget Here are some significant developments of last week that are expected to drive the markets in the near term.
- India faces more rate hikes to tame inflation: Analysts RBI looks set to tighten monetary policy further after raising interest rates for the first time in nearly two years as it bids to check spiralling inflation, economists say.
- Govt thinking of reducing interest rate on crop loans: Pawar The Union government is thinking of reducing by one per cent the present five per cent interest rate on farmer crop-loans up to an amount of Rs three lakh.
- Govt thinking of reducing interest rate on crop loans: Pawar The Union government is thinking of reducing by one per cent the present five per cent interest rate on farmer crop-loans up to an amount of Rs three lakh.
- West Bengal creates land bank of 4,000 acres for industry West Bengal government said it created a land bank of 4,000 acres for the industry that may ease the pain of land-acquisition for the state.
- West Bengal creates land bank of 4,000 acres for industry West Bengal government said it created a land bank of 4,000 acres for the industry that may ease the pain of land-acquisition for the state.
- Will cut carbon intensity by 20-25% of 2005 level by 2020: Jairam Ramesh India will be able to meet the target of cutting carbon intensity by 20 to 25 per cent of 2005 level by 2020 without affecting growth, Environment Minister said.
- BRIC rally slows amid highest valuations The combination of record mutual fund inflows and the fastest economic growth is failing to lift shares in the largest developing nations with valuations at the highest level versus advanced countries since at least 1995.
- Weak dollar helps forex kitty swell $1.3 bn India’s forex reserves rose $1.3 bn in the week-ended March 12, on revaluation of non-dollar assets.
- Roach spars with Krugman over China's yuan policy
- Rupee eases as dollar's rise vs euro weighs The rupee eased after moving in a tight range on Friday due to the euro's weakness against the dollar but gains in local share prices limited the losses.
- Rupee steady amid mixed cues; dollar gains hurt The Indian rupee remained steady in afternoon trade on Friday as choppy shares provided little cues on direction of fund flows while gains in the dollar versus major currencies weighed on sentiment.
- China warns US not to politicise yuan debate China said the pending US legislation that would penalise Beijing was "complicating" the issue over the value of yuan.
- Rupee little weaker on dollar gains; shares eyed The rupee opened slightly weaker on Friday tracking some losses in the euro versus the dollar overseas and lack of clarity on fund flows from a choppy domestic sharemarket.
- Buy overvalued BRIC currencies: Goldman Sachs
- Rupee slips to 45.46/$ as China spurs dollar The rupee weakened on speculation China will step up measures to tighten lending, tempering the outlook for Asian exports and increasing demand for the relative safety of the US dollar.
- Rupee down on dollar rise, little impact of S&P The rupee on Thursday moved away from two-month highs touched in the previous session, as the dollar gained against the euro and S&P's raising the country's outlook did little to lift sentiment.
- Rupee eases on dlr's rise overseas, stocks The rupee fell on Thursday, tracking the dollar's fall overseas and choppy local share prices.
- Rupee bounces off 2-month highs on strong dollar The rupee retreated on Thursday from more than two-month highs reached in the previous session as the dollar rose broadly against majors overseas while small gains in the local sharemarket failed to provide much cues.
- Rupee eases tracking dlr gains versus majors The rupee retreated from more than two-month highs touched in the previous session on Thursday as the dollar rose broadly against most currencies, while a choppy start to the local sharemarket also weighed.
- Rupee to ease from 2-month high, stocks eyed Rupee should pull back from the previous session's more than two-month high, with the dollar recovering against major currencies.
- Rupee climbs to 45.35/$ as stock rally attracts FIIs The rupee strengthened and the benchmark stock index rallied on optimism that accelerating economic growth will attract overseas funds to local assets.
Posted on 22 March 2010 | 3:04 am
Posted on 22 March 2010 | 3:04 am
Posted on 22 March 2010 | 3:02 am
Posted on 22 March 2010 | 3:02 am
Posted on 22 March 2010 | 3:00 am
Posted on 22 March 2010 | 2:54 am
Posted on 22 March 2010 | 2:54 am
Posted on 22 March 2010 | 1:27 am
The International Monetary Fund warned the world's wealthiest nations to watch their surging levels of government debt. Top gainers, losers & recos | The Yuan Battle
Posted on 22 March 2010 | 1:00 am
Posted on 22 March 2010 | 12:53 am
Posted on 21 March 2010 | 10:24 pm
Posted on 21 March 2010 | 9:53 pm
US is pressing China to ease controls that have kept yuan steady against the dollar to help its companies compete amid weak global demand. US-China Yuan Battle
Posted on 21 March 2010 | 9:40 pm
Posted on 21 March 2010 | 8:06 pm
Posted on 21 March 2010 | 6:53 pm
Posted on 21 March 2010 | 5:47 pm
Posted on 21 March 2010 | 4:24 pm
Posted on 21 March 2010 | 3:21 pm
Posted on 21 March 2010 | 2:47 pm
Posted on 21 March 2010 | 2:37 pm
Posted on 21 March 2010 | 2:19 pm
Posted on 21 March 2010 | 1:19 pm
Posted on 21 March 2010 | 12:48 pm
Posted on 21 March 2010 | 12:45 pm
Posted on 21 March 2010 | 12:22 pm
Posted on 21 March 2010 | 11:07 am
Posted on 21 March 2010 | 10:55 am
Posted on 21 March 2010 | 10:53 am
Posted on 21 March 2010 | 10:33 am
Posted on 21 March 2010 | 10:30 am
Posted on 21 March 2010 | 2:37 am
Posted on 21 March 2010 | 2:37 am
Posted on 20 March 2010 | 10:24 pm
Posted on 20 March 2010 | 10:24 pm
Posted on 20 March 2010 | 8:09 pm
Posted on 20 March 2010 | 3:29 am
Posted on 20 March 2010 | 3:06 am
Morgan Stanley Asia chairman Stephen Roach said Paul Krugman’s call to push China to allow a stronger yuan is 'very bad' advice. Market: Top gainers & losers
Posted on 20 March 2010 | 12:55 am
Posted on 19 March 2010 | 6:09 pm
Posted on 19 March 2010 | 2:18 pm
Posted on 19 March 2010 | 10:38 am
Posted on 19 March 2010 | 9:25 am
Goldman Sachs is advising clients to buy Asian currencies including the rupee against Japan's yen. US-China Yuan Battle | Yuan appreciation: Will China listen?
Posted on 19 March 2010 | 4:00 am
Posted on 19 March 2010 | 1:56 am
Posted on 18 March 2010 | 7:21 pm
Posted on 18 March 2010 | 3:26 pm
Posted on 18 March 2010 | 10:39 am
Posted on 18 March 2010 | 10:06 am
Posted on 18 March 2010 | 9:02 am
Posted on 18 March 2010 | 2:11 am