Indian exports drop by 29.2 per cent in May
New Delhi - India's exports plunged by nearly a third in May, the eighth consecutive month of declines due to the global downturn, as imports dropped by 39 per cent, official data showed Wednesday. Merchandise exports dropped to 11.01 billion dollars...
[Posted on :
2009-07-01 ] Category : [
India (Business) ]
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Indian markets gain 3 per cent
New Delhi - Indian equities rose 3 per cent in trading Friday on increased buying by investors in blue-chip stocks. The Bombay Stock Exchange's 30-share sensitive index Sensex ended trade on Friday, gaining 419.02 points, or 2.92 per cent, to close a...
[Posted on :
2009-06-26 ] Category : [
India (Business) ]
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Air India defers salary pay-outs for 31,000 staff
New Delhi - India's flag carrier Air India will defer June salaries to its 31,000 employees by 15 days due to a liquidity crunch, news reports said Monday. All department heads at the airline received an e-mail Sunday stating salaries would be delaye...
[Posted on :
2009-06-15 ] Category : [
India (Business) ]
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India's industrial output grows signals recovery
New Delhi - India's industrial output grew 1.4 per cent in April against a decline of 0.75 per cent in March according to government data released Friday indicating, analysts said, early signs of economic recovery. Data from the Central Statistical O...
[Posted on :
2009-06-12 ] Category : [
India (Business) ]
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Bangladesh announces 16-billion-dollar national budget
Dhaka - Bangladesh's Finance Minister Thursday announced a 16-billion-dollar budget for the 2009-10 fiscal year, aiming for higher spending on employment and social safety to keep economic growth going amid the global recession. Our entrepreneurs sh...
[Posted on :
2009-06-11 ] Category : [
India (Business) ]
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