Search Results for: economic recession

India's economy Expected to Recover; More Repo Rate Cut Possible

Just on the heels of the Reserve Bank of India (RBI) cutting interest rates for the first time in three years by 50 basis points to boost economic growth, a poll conducted by Reuters expected India's economy to pick up this year. There is also possibility of RBI resorting to more cut in repo rate.

Apr 19, 2012

RBI Cuts Repo Rate by 50 bps, CRR Unchanged; What Experts Have to Say on Policy Move!

The Reserve Bank of India (RBI) threw up a big surprise with its annual Monetary Policy for 2012-13 on Tuesday by cutting interest rates for the first time in three years by a sharp 50 basis points. The move of the RBI was to boost the economic growth.

Apr 17, 2012

The Week That Was: Zardari Visits India, Quake Rocks Indonesia

Here are some of the major events happened in India last week.

Apr 15, 2012

Future of India's Aviation: Boeing 787 Dreamliner Aircraft (INSIDE PHOTOS)

India will soon get the most fuel-efficient and twin-engine aircraft, Boeing 787 Dreamliner airplanes.

Apr 14, 2012

Govt Okays Air India Restructuring Plan

The government on Thursday announced a Financial Restructuring plan for the debt-laden national carrier Air India.

Apr 12, 2012

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India Gold Jewelers Back in Business, Ends 20-Day Nationwide Strike

Gold demand in India remained low after the country's gold bullion traders and jewelers ended their 20-day nationwide strike on Friday, but the gold entrepreneurs remained confident consumer interest on the precious safe haven yellow metal will pick up as the annual wedding season in the country begins.

Apr 10, 2012

India, China and US To Face New Challenges In The Next 4 Decades: UN

The United Nations has forecast that India, China, Nigeria, Indonesia and the United States will face big challenge in the next four decades, as these countries are set to lead the world's growth in urban populations.

Apr 6, 2012

Kingfisher Airlines Staff Set Deadline for Vijay Mallya; Threatens to Protest

The Kingfisher Airlines staff had set deadline for Chairman Vijay Mallya to clear all their outstanding salaries. They threatened that they would stop working and take to the streets if the airlines fail to meet their deadline, that is till 8 PM on Tuesday.

Apr 3, 2012

CAG Detects Multi-Crore Land Scam in Andhra Pradesh

The Comptroller and Auditor General (CAG) in its audit report for 2010-11 detected a multi-crore land scam in Andha Pradesh.

Mar 30, 2012

BSE Sensex Expected to Rise by 26 Percent This Year

The BSE Sensex is likely to rise this year in spite of concerns over the government's finances and political stability. A poll conducted by Reuters indicated that BSE Sensex might gain 26 percent this year, hoping on interest rate cuts to bolster growth.

Mar 30, 2012

BRICS Summit 2012: Members to Pressurise Europe, U.S. Over Global Monetary Imbalances

The members of the BRICS group-Brazil, Russia, India, China and South Africa have been united to pressurise the European countries and United States of America over the global economic imbalances and monetary policies, at the ongoing fourth meeting in New Delhi Thursday.

Mar 29, 2012

BRICS Summit 2012: Summit Begins, PM Addresses The Meet

Leaders of the emerging world markets and members of the BRICS countries- Brasil, Russia, India, China and South Africa met in New Delhi for its fourth meeting, Thursday.

Mar 29, 2012

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Manmohan Singh Meets Top CEOs of Korea in Seoul

Prime Minister Manmohan Singh Monday met the top CEOs of Korea and sought larger monetary investments in India.

Mar 26, 2012

India, Africa Set $ 90 Billion Business Target

India and African nations have decided to set a $90-billion business target to be met by 2015.

Mar 18, 2012

Manmohan Singh: 'Compulsions of Managing a Coalition'

In the midst of speculation whether Trinamool Congress Chief Mamata Banerjee is on the United Progressive Front's board after her recent protest about price rise in the Union budget 2012-2013, the Prime Minister Manmohan Singh has maintained "these are compulsions of managing a coalition."

Mar 17, 2012

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