Business News

Last updated: Tuesday, September 02, 2014 4:52:08 PM

Bundelkhand farmers remain sceptical about loan waiver beenfits
New Delhi, March 1 (IANS) Farmers from Uttar Pradesh's poverty-ridden Bundelkhand region are not much enthused by the Rs.600 billion farm loan waiver announced by Finance Minister P. Chidambaram in the annual budget as they doubt its benefits will ever reach them.

Saturday, March 01, 2008 4:48:37 PM

Budget a recipe for disaster: Yashwant Sinha
New Delhi, March 1 (IANS) Former finance minister and senior Bharatiya Janata Party (BJP) leader Yashwant Sinha Saturday termed the union budget 2008-09 as 'a recipe for long-term economic disaster'.

Saturday, March 01, 2008 4:47:35 PM

Pay Commission report may reverse credit rating: S&P
Chennai, March 1 (IANS) Global credit rating agency Standard and Poor's Ratings Services (S&P) warned Saturday that India's credit rating, currently at BBB-/Stable/A-3, may be revised lower after the Sixth Pay Commission's report.

Saturday, March 01, 2008 3:44:44 PM

Courier company fined for poor service
New Delhi, March 1 (IANS) A courier company has been fined Rs.150,000 for poor service after it lost a package containing share certificates of a consumer in Kerala.

Saturday, March 01, 2008 3:43:03 PM

Swaminathan hopes budget marks 'end of farmer suicides'
Chennai, March 1 (IANS) Eminent farm scientist M.S. Swaminathan has called the 2008-09 budget 'forward looking' and hoped that the Rs.600 billion loan waiver would 'mark the beginning of the end of the era of farmer suicides'.

Saturday, March 01, 2008 3:26:43 PM

Mukesh Ambani's Reliance to sponsor more sports events
New Delhi, March 1 (IANS) The Mukesh Ambani-owned Reliance company will venture into more sports-related activities, possibly sponsoring the 2011 cricket World Cup to be co-hosted by India, after investing well over $117 million in the lucrative Indian Premier League (IPL).

Saturday, March 01, 2008 2:18:32 PM

Markets gain despite Friday's drop on account of budget (Weekly Review)
Mumbai, March 1 (IANS) Indian equities market ended the last week of February on a firm note even though the national budget unveiled Friday disappointed several investors and led to an intra-day fall of 1.4 percent for a key index.

Saturday, March 01, 2008 1:59:04 PM

Farmers happy but cautious over budget bonanza
New Delhi, March 1 (IANS) Finance Minister P. Chidambaram's budget bonanza for millions of farmers hit by debts has been hailed nationally but many in the farm sector have their fingers crossed: will the sops really come their way?

Saturday, March 01, 2008 12:58:50 PM

'Inclusive growth' is survival imperative for Indian economy (Commentary)
Early commentary on India's national budget for 2008-09 has focused almost entirely on a single parameter: the aggregate level of economic growth. Missing in all the punditry has been a serious effort to engage with the sources of growth in the Indian economy.

Saturday, March 01, 2008 11:16:54 AM

Gulf NRIs make a beeline for Lucknow realty
Lucknow, March 1 (IANS) Saeed Anwar, an NRI from Dubai, wanted a house in his hometown Lucknow. He bought two plots for Rs.3.5 million ($880,000) in 2005, which are together worth Rs.30 million today. With returns as high as this, many Gulf NRIs are investing in the city's real estate.

Saturday, March 01, 2008 9:08:44 AM

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