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- Mineral Development Corp eyes Bengal coal block
Kolkata: Public sector company National Mineral Development Corp (NMDC), will invest Rs 10 billion to explore, develop and mine coal blocks in West Bengal, a top company official said today. "W....
- 'Electricity firms accountable for power cuts'
Ahmedabad: A city-based consumer research organisation today urged the central government to hold the electricity companies accountable for frequent power cuts and load sheddings in several sta....
- Rate cuts to happen soon, predicts ICICI Bank chief
New Delhi: ICICI Bank, India's largest private sector bank, believes interest rates would come down further. "The interest rate is a subject of demand and supply, it will take a little time but....
- Liquidity, price cut key to solving economic crisis: FM
New Delhi: Union Finance Minister P Chidambaram today said that steps to counteract the present economic slowdown will include ensuring adequate liquidity, price reductions by industry and effi....
- Government to meet industry leaders Wednesday
New Delhi: The government will meet corporate leaders on Wednesday to obtain inputs on the problems faced by the industry in the face of an economic slowdown. "We are holding a meeting tomorrow....
- Bank chief confident of turnaround in Indian economy
Kolkata: India's largest foreign financial institution Standard Chartered Bank (SCB) today said the country would recover from the economic downturn and return to the path of growth. "There's d....
- Western Railway's freight earning jumps nearly 21 pc
Ahmedabad: Western Railway's freight earning went up to Rs 22.6 billion in the first seven months this fiscal, an increase of 20.58 per cent over the corresponding period in 2007. An official s....
- 'Government for foreign investment in education'
New Delhi: The government wants to free education from bureaucracy and permit foreign investment in education but could not do so as the Left was opposed to it, Minister of Science and Technolo....
- Jet Airways first to undertake 'PBN'
Mumbai: Jet Airways has become the first airline in India to obtain regulatory approval for the use of RNAV1 (Area Navigation) across its entire jet aircraft fleet. This is subsequent to the re....
- Cisco to save $2 bn from restructuring, but no layoff
New Delhi: Global network applications major Cisco hopes to save $2 billion from restructuring and streamlining operations across the globe, the company said today. Cisco plans to achieve this ....
- Govt preparing package for exporters: Kamal Nath
New Delhi: The government is preparing a package to give exporters a "level-playing field" in the face of a decline in export growth rate with western economies going into recession, Commerce M....
- Manmohan Singh returns home from G20 summit
New Delhi: Prime Minister Manmohan Singh on Sunday night returned after his two-day visit to the US to attend the G20 summit on the global financial crisis. Singh attended the summit of the Gro....
- India Equities in red, key index down 346 points
Mumbai: Indian equities markets opened higher today but immediately began to shed value with a key index even going below the psychologically important 9,000 mark before again inching up to sta....
- 'Financial crisis is not our making'
On Board Air India One: Prime Minister Manmohan Singh said today that the people of India should judge the performance of his government by its response to the global financial crisis which was....
- CII welcomes RBI measures to improve liquidity
New Delhi: Leading industry lobby Confederation of Indian Industry (CII) on Sunday welcomed the Reserve Bank of India's (RBI) measures to ease credit in the financial system. "The CII had sugge....
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