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Mr R.V. Rajan, Chairman, ...
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Dubai crisis rocks realty stocks in the morning session
But shares recover after European markets open. The roller-coaster movement of the Indian realty stocks on Friday can be attributed to mixed investor sentiment on account of the debt crisis in Dubai, ...
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Bank employees get one-time pension option
After bargaining hard for over two years, bank unions and the Indian Banks' Association (IBA) on Friday finally agreed to the ninth bipartite wage settlement with effect from November ...
Sufficient room for banks to cut lending rates further: Subbarao
The Reserve Bank of India is studying the likely impact of Dubai World's financial crisis on India, the Governor, Dr D. ...
Core sector grows 3.5% in Oct
The six ‘core' infrastructure industries have registered a 3.5-per cent year-on-year growth during October, compared to the 4.1 per cent and 7.8 per cent levels of the preceding two months and the 2 per cent for ...
DP World unlikely to be hit by parent's debt woes
Handles 45% of container traffic in the country. The $59-billion debt woes of global conglomerate Dubai World, which sent tremors across the financial world that is just recovering from last year's recession, is unlikely to impact the operations ...
Pace of export decline slows in Oct, says Sharma
DGFT sectoral review to be completed next month. The country's exports, stuck in the double-digit negative territory, close to 40 per cent, till a couple of months ago have now registered a growth decline of only 6.6 per cent at $13.19 billion ...
NRI remittances seen rising in short-term
The $60 billion-odd Dubai debt crisis could spark an increase in remittances from Dubai, in the short term, as uncertainty and nervousness spook the NRIs confidence in local banks ...
TCS to hire about 25,000 in 2010-11
Indicating a revival of business opportunities, Tata Consultancy Services (TCS) has said that it will recruit about 25,000 people ...
How not to judge Summit meetings
Someone once defined a split-second as the time that elapses between the red light changing to amber and the first horn being blown. Consistent with the law of ongoing refinement, I have an improved definition to offer: a split second is the ...
M.P., U.P. plantings help wheat area rise 5.1%
Rabi crops coverage in rest of the country down. Progressive area under wheat is up 5.1 per cent this year on the back of aggressive planting by farmers in Madhya Pradesh (M.P.) and Uttar ...
RBI to ask banks for details of exposure to Dubai World
Impact unlikely, say bankers. The Reserve Bank of India plans to ask banks to furnish details of their exposure, if any, to Dubai World, the government-owned company which is reeling under liabilities of $59 billion and has sought to delay ...
Markets this week(Latest Audio:English/Tamil)
The bourses opened the week on a positive note. Strong Asian cues and a spike in Reliance Industries, owing to its offer to take controlling stake in LyondellBasell Industires led the rally on Monday. The Sensex advanced 158 points, to end ...
Colder conditions set to continue in North, central parts
Mercury is seeking new lows in North India as cold north-westerlies continued to blow across the international border ...
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