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Govt to cut excise on CVs on SaturdayGovt to announce a cut in excise duty on commercial vehicles, sales of which have dropped over last several months.
Source : economictimes.indiatimes.com | 03-Dec-2008 19:23
Oil prices slide under 45 dollars per barrel
World oil prices sank under 45 dollars per barrel in London on Wednesday for the first time since February 2005.
Source : economictimes.indiatimes.com | 03-Dec-2008 19:08
India's securitisation market better-placed than US: Crisil
India's retail securitisation market is better placed than the US and has shown greater stability with few rating downgrades.
Source : economictimes.indiatimes.com | 03-Dec-2008 18:53
Who will be new deputy governor of RBI?
Incumbent Vittaldas Leeladhar, one of four deputy governors, is due to retire on Friday just ahead of his 62nd birthday on Sunday.
Source : economictimes.indiatimes.com | 03-Dec-2008 18:38
Cheap oil: Good for short-term, bad for long-term
Low energy prices squeeze investment in the oil industry, reducing future supplies. Gainers: BSE (A, B), NSE | Losers: BSE (A, B), NSE | 52 Week: High, Low
Source : economictimes.indiatimes.com | 03-Dec-2008 18:23
Inflation seen at 8.91% on Nov 22
Annual inflation rate should have edged up in the third week of November due to higher prices of food items.
Source : economictimes.indiatimes.com | 03-Dec-2008 13:24
Oil rises slightly after plunging to 3-year low
Oil prices rose slightly Wednesday in Asia after hitting a three-year low overnight as investors tried to gauge how much the slowing U.S. and Chinese economies will hurt demand for crude.
Source : economictimes.indiatimes.com | 03-Dec-2008 13:09
OPEC to cut oil supply at December meeting-Qatar
OPEC will cut oil output at its next meeting on Dec. 17 in Algeria, Qatar's oil minister said on Wednesday. "For sure we will cut in Oran (Algeria)," Abdullah al-Attiyah told reporters on the sidelines of a petrochemical conference in Dubai.
Source : economictimes.indiatimes.com | 03-Dec-2008 12:54
Crude oil futures dip over 3-year low
Crude oil on Wednesday extended its losses by losing another 2.26 per cent in futures trading on the Multi Commodity Exchange on demand concerns amid increasing worries about a global slowdown.
Source : economictimes.indiatimes.com | 03-Dec-2008 12:39
Security tops India Inc.'s concerns after attacks
Mumbai is largely back open for business, but if the government doesn't improve the nation's security India Inc. may sink, corporate leaders say.
Source : economictimes.indiatimes.com | 03-Dec-2008 07:18
Oil rises more than $1 towards $48 a barrel
Oil rose more than $1 to almost $48 a barrel on Wednesday, recovering from a more than $100 tumble from July peaks that has left it at three-and-a-half year lows.
Source : economictimes.indiatimes.com | 03-Dec-2008 07:03
Global Inc ready to do business with Mumbai
Will last week?s terror attacks in Mumbai push up India?s geopolitical risk perception and drive away foreign investors and business travellers?
Source : economictimes.indiatimes.com | 03-Dec-2008 01:16
Rate cuts, interest subsidies likely by the weekend
Money markets were flush with liquidity, with banks parking over Rs 51k crore of surplus funds with RBI.
Source : economictimes.indiatimes.com | 03-Dec-2008 01:01
Exporters need sufficient succour
The government has already indicated it would provide fiscal stimuli to exporters-those from textiles, gems and jewellery etc in particular.
Source : economictimes.indiatimes.com | 03-Dec-2008 00:46
Indo-SAARC: Untapped Potential
India's trade with SAARC countries has been growing rapidly, but the global economic slowdown and financial crisis will have a cascading effect on this trade.
Source : economictimes.indiatimes.com | 03-Dec-2008 00:31
India- SAARC: Partners In Trade
Since its inception, the Indo-SAARC trade has ushered in an era of mutual co-operation between India and other SAARC members.
Source : economictimes.indiatimes.com | 03-Dec-2008 00:16
Indo-SAARC Trade: An Ocean Of Opportunities
With the major economic superpowers like USA, UK and Japan facing recession and collapse of major iconic banks, the world is now unanimous in its view that India, China and Brazil can no longer be ignored
Source : economictimes.indiatimes.com | 03-Dec-2008 00:01
Onion exports may jump 70%
Onion shipments are expected to have leaped by about 70% to over 100,000 tonne last month despite the hike in the minimum export price by $50 a tonne in mid-November to boost domestic supply.
Source : economictimes.indiatimes.com | 02-Dec-2008 23:46
Oil slips below $48 on OPEC compliance
Oil prices fell below $48 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the US stock market.
Source : economictimes.indiatimes.com | 02-Dec-2008 23:31
RBI no to opening shrinking forex chest to banks and FIs
The Reserve Bank India (RBI) has rejected a request to directly lend US dollars from the country?s foreign exchange reserves to financial institutions.
Source : economictimes.indiatimes.com | 02-Dec-2008 23:16
World Bank credit line may power PSB recapitalisation
Funds will help banks set aside 12% of capital as cushion against losses.
Source : economictimes.indiatimes.com | 02-Dec-2008 23:01
Chinese cos won't get to map GPS biz
The government will not allow Chinese firms to invest in security services, especially in the global positioning system (GPS)-based products and operations.
Source : economictimes.indiatimes.com | 02-Dec-2008 22:46
Govt to consider using "citizen journalists" to monitor NREGA
The government will consider utilizing the services of some people as "citizen journalists" who would report on the status of implementation of its flagship National Rural Employment Guarantee programme.
Source : economictimes.indiatimes.com | 02-Dec-2008 19:23
Oil back above $49 after early dive
Oil pared losses on Tuesday after an earlier fall to a new 3-1/2-year low below $48 a barrel, weighed down by heavy losses in global stock markets after confirmation that the United States was in recession.
Source : economictimes.indiatimes.com | 02-Dec-2008 19:08
Will Mumbai attacks drive away foreign investors?
Credit crisis will continue to be the main determinant affecting investment to India. Stocks Losers: BSE (A, B), NSE | Sectoral Losers | Stocks 52 Week: High, Low
Source : economictimes.indiatimes.com | 02-Dec-2008 18:53
US recession has India Inc, economists worried
Analysts say that India was unlikely to plunge into recession, but a slowdown was imminent. Competitive economies | 2008: Year of global financial crisis
Source : economictimes.indiatimes.com | 02-Dec-2008 18:38
Oil falls below $46 to 3-1/2-year low
OPEC may cut production by a significant amount when it meets later this month. Stocks Losers: BSE (A, B), NSE | Sectoral Losers | Stocks 52 Week: High, Low
Source : economictimes.indiatimes.com | 02-Dec-2008 18:23
Oil falls below $48 to 3-1/2-year low
OPEC may cut production by a significant amount when it meets later this month. Stocks Losers: BSE (A, B), NSE | Sectoral Losers | Stocks 52 Week: High, Low
Source : economictimes.indiatimes.com | 02-Dec-2008 18:08
Govt may borrow more, decision soon: Report
The government is likely to borrow more than budgeted for the fiscal year to the end of March and a decision is expected soon, a senior finance ministry official said on Tuesday.
Source : economictimes.indiatimes.com | 02-Dec-2008 17:53
Govt may borrow more, decision soon
The government is likely to borrow more than budgeted for the fiscal year to the end of March and a decision is expected soon, a senior finance ministry official said on Tuesday.
Source : economictimes.indiatimes.com | 02-Dec-2008 13:11
GDP to grow at 7.1 pc in FY10: Kotak
India's economy could grow 7.1 per cent in the fiscal year 2009/10 beginning in April, backed by creation of new capacities, and helpful fiscal and monetary policies, Kotak Institutional Equities said in a client note on Tuesday.
Source : economictimes.indiatimes.com | 02-Dec-2008 12:56
Oil prices drop to $46
Oil prices slumped to just above 46 dollars here on Tuesday, reaching the lowest point in almost four years, as global energy demand weakened amid a widespread economic slowdown.
Source : economictimes.indiatimes.com | 02-Dec-2008 12:41
Oil falls to 3-year low on bleak US economic news
Oil prices fell to a 3-year low below $48 a barrel on Tuesday in Asia.
Source : economictimes.indiatimes.com | 02-Dec-2008 12:26
Oil slides below $49, nearing three and a half year low
Pressure is build due to OPEC's decision to leave output unchanged and growing gloom about the global economy. What drives oil prices? | Impact of oil price rise
Source : economictimes.indiatimes.com | 02-Dec-2008 07:08
Actis mops up $2.9 bn; India to get $1 bn
Leading private equity firm Actis has closed a $2.9-billion private equity fund, of which about $1 billion is likely to be invested in Indian companies over the next four years.
Source : economictimes.indiatimes.com | 02-Dec-2008 01:22
Andhra pays for fiscal profligacy, may be denied debt relief
The state has launched several populist schemes including the Rs 2 kg-rice scheme to woo voters.
Source : economictimes.indiatimes.com | 02-Dec-2008 01:07
Long and winding road to a comprehensive GST for India
Among the many initiatives taken by P Chidambaram, the proposed adoption of a nation-wide Goods and Services Tax (GST) will go down in history as the most fundamental change in our fiscal system.
Source : economictimes.indiatimes.com | 02-Dec-2008 00:52
Fiscal deficit set to sharply deteriorate from now on
The fiscal deficit for the six months to September 2008 was an estimated 4.1% of the nominal GDP compared to 3.8% at the end of the same period last year.
Source : economictimes.indiatimes.com | 02-Dec-2008 00:37
Be suspicious of India-EU pact
India should not go far beyond its position in multilateral forums when it comes to bilateral deals.
Source : economictimes.indiatimes.com | 02-Dec-2008 00:22
Spendthrift PSUs told to tighten purse strings
The government has said that every public sector company will set up a committee for implementation of austerity measures with representation from administrative ministries.
Source : economictimes.indiatimes.com | 02-Dec-2008 00:07
Battered realtors may get bailout package soon
The urban development ministry has drafted a bailout package for the real estate industry, which would be shortly sent to the finance ministry for consideration.
Source : economictimes.indiatimes.com | 01-Dec-2008 23:52
Temping duty: Safeguard levy to fight cheap imports
The government is examining a plan to impose safeguard, or temporary, Customs duties to help sectors such as steel and chemicals fight a surge of cheap imports, notably from China
Source : economictimes.indiatimes.com | 01-Dec-2008 23:37
Homing PC sees 7-8% growth, moderate inflation
Outgoing finance minister P Chidambaram expressed confidence on Monday that the Indian economy would grow at a ?satisfactory? rate of 7-8% in the current fiscal despite the global economic downturn.
Source : economictimes.indiatimes.com | 01-Dec-2008 23:22
Fuel sales dip 1.7% as economy slows
After a gap of 17 months, the country?s total sale of oil products has dipped in October, confirming an economic slowdown.
Source : economictimes.indiatimes.com | 01-Dec-2008 23:07
Oil drops 8 percent to below $50 as OPEC defers cuts
Surging demand from emerging economies sent oil and other commodities on a six-year rally. What drives crude oil prices? | Impact of oil price rise
Source : economictimes.indiatimes.com | 01-Dec-2008 22:52
Falling crude to dent oil marketers? margins
Falling crude oil prices have proven to be a double-edged sword for oil marketing companies (OMCs).
Source : economictimes.indiatimes.com | 01-Dec-2008 22:37