Business News

Last updated: Friday, November 27, 2015 3:16:05 PM

Inflation rate to average at 5 percent this fiscal: Industry
New Delhi, July 1 (IANS) Rising commodity prices globally, delayed monsoon and fiscal and monetary measures are likely to push up India's annual rate of inflation and average near 5 percent this fiscal, according to an industry lobby.

Wednesday, July 01, 2009 6:59:50 PM

India hikes prices of gasoline, diesel, leaves cooking fuels untouched
New Delhi, July 1 (IANS) India Wednesday allowed oil companies to increase the prices of transport fuels, resulting in petrol becoming dearer by Rs.4 per litre and diesel by Rs.2 per litre, following successive increase in global crude oil prices.

Wednesday, July 01, 2009 6:54:21 PM

Punj Lloyd to build metro stations in Singapore
Mumbai, July 1 (IANS) India's Engineering and construction major Punj Lloyd bagged a Rs.1,263 crore ($378 million) contract to build two key metro stations in Singapore, the company said Wednesday.

Wednesday, July 01, 2009 6:51:55 PM

Heavy losses deterring airlines from investing in IT: Report
New Delhi, July 1 (IANS) Investment in information technology (IT) by airlines the worldover this year is likely to be the lowest since 2002, says SITA, an air transport communication provider.

Wednesday, July 01, 2009 6:38:48 PM

Mamata asked to specify plans for freight corridors
New Delhi, July 1 (IANS) The Associated Chambers of Commerce and Industry of India (Assocham) has urged Railways Minister Mamata Banerjee to make adequate provisions for construction of two dedicated freight corridors in her rail budget proposals.

Wednesday, July 01, 2009 6:38:18 PM

Yamaha India sales jump 84 percent in June
New Delhi, July 1 (IANS) The Indian arm of Japanese two-wheeler maker Yamaha Wednesday said its sales jumped 84.3 percent in June to 17,878 units as against 9,699 bikes sold in the like period last year.

Wednesday, July 01, 2009 6:06:33 PM

Markets close on a high, Sensex up 151 points
Mumbai, July 1 (IANS) A key index of the Indian equities markets ended trade Wednesday 151 points above its last closing figure on hectic buying of realty, energy and banking stocks.

Wednesday, July 01, 2009 5:53:48 PM

Government plans to launch 350 food processing units
New Delhi, July 1 (IANS) The government will help set up 350 new food processing units in the next 100 days as part of its efforts to create 10 million jobs in the sector by 2015.

Wednesday, July 01, 2009 5:50:06 PM

When government contributes to its cash crisis
Rampur (Uttar Pradesh), July 1 (IANS) Guess who is contributing to the cash crunch of the Uttar Pradesh power department! The state government itself.

Wednesday, July 01, 2009 5:42:58 PM

Private mutual funds corner market, edge out state-run firms
New Delhi, July 1 (IANS) Private sector mutual funds are likely to outperform state-owned funds for the sixth consecutive year, accounting for over 78 percent of the mutual fund market till May 31, says a report.

Wednesday, July 01, 2009 5:31:04 PM

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