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Thailand a natural bridge between India & East Asia
As India, an emerging global power, is steadfastly implementing its Look East Policy, a top US official has said that Thailand is a "natural bridge" b
Delhi Govt slashes VAT on diesel
Inflation-hit Delhiites can breathe a little easy with Delhi Government today slashing the value added tax (VAT) on diesel to 12.5 per cent from the e
Accept our rates to get cashless plan: Insurers to hospitals
Locked in a battle with big healthcare firms over censoring cashless health insurance claims, state-run insurers today asserted that the facility woul
Inflation moves higher to 10.55 per cent in June
Wholesale price-based inflation inched higher to 10.55 per cent in June, owing to the pass through effect of the June 25 hike in prices of petroleum p
Exim bank cowed by lobbying on Reliance project: Env groups
US Environmentalist groups have charged the US Export Import Bank of succumbing to intense lobbying after the bank early this month approved USD 600 m
IOC, RIL among 8 Indian cos in Fortune 500 global list
Eight Indian companies, including oil major Indian Oil Corporation and Mukesh Ambani-led Reliance Industries, have made the cut in the list of the wor
Textile ministry to seek more funds for TUFS
After suspending the textile modernisation subsidy scheme for want of funds, the textiles ministry will soon approach the Cabinet Committee on Economi
CBI Satyam directors acted like rubber stamps
The CBI, conducting investigations into the accounting scam of Satyam Computers, said all the directors on the board of the beleaguered firm had acte
Ahluwalia rebuffs Nath on plan panels armchair role
Planning Commission Deputy Chairman Montek Singh Ahluwalia said a government cannot be run only by those who know how to build roads, rebuffing Transp
Mastercard to bring faster, easier e-payment solutions: Banga
MasterCards India-origin chief Ajay Banga said Indias growing young population offers exciting business opportunities and asserted the company will br
Govt polices helped revive private sector: Obama
Strongly refuting allegations that his administration is anti-business, the US President, Barack Obama on Friday said that his economic policies resul
Google expects regulatory OK in China, for now
Google CEO expects Beijing to renew the license the company needs to continue operating a website in China.
Govt needs to play greater role in checking inflation: Moodys
The Indian government needs to play greater role in taming inflation by reigning in spending, as the Reserve Banks tightening of its policy rates will
Food inflation eases to 12.63 pc; fuel prices up 18 pc
Annual food inflation eased to 12.63 per cent for the week ended June 26, but fuel inflation shot up to 18.02 per cent after the hike in rates of petr
Domestic car sales up 31 pc & bikes 30 pc in June
Domestic passenger car sales jumped by 30.79 per cent to 1,41,184 units in June, 2010, compared to 1,07,948 units in the same month last year, said an
Market recovers 228 points on firming global trend
The Bombay Stock Exchange benchmark Sensex recovered by over 228 points in early trade today on revival of buying by funds at existing lower levels am
Sensex opens lower by 55 points on profit-booking
The Bombay Stock Exchange benchmark Sensex today opened 55 points lower as funds and retail investors preferred to book profits after yesterday's rall
ADB to unveil organisation to spur solar projects
The Asian Development Bank is leading the establishment of a non-profit organisation to promote large-scale development of solar energy in Asia, inclu
Reliance Power may now seek gas allotment from KG-D6 fields
After merging RNRL with itself, Anil Ambani Group firm Reliance Power is likely to apply to the government for allocation of natural gas, reasoning th
Job market not growing fast enough for big rebound
A second straight month of lackluster hiring by American businesses is sapping strength from the economic rebound.
Google buying travel software firm for USD 700 million
Internet titan Google plunged into the online travel market, buying ITA Software, a flight information software company, for USD 700 million in cash.
US Exim approves Reliance Power
Reversing its earlier decision, the US Exim Bank has agreed to provide USD 600 million in loan guarantees to suppliers for Reliance Power's coal-fired
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