Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

India asks developed nations to change their lifestyle
In a strong message, India today asked the developed countries to modify their ‘unsustainable lifestyles’ to significantly cut down carbon emissions by 2020 and to ensure that developing nations had enough resources to cope with climate change while pursuing accelerated development.

Suzlon commissions GMDC's 19.5 Mw wind farm
Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, has completed and commissioned a 19.5 MW wind farm project for state-run Gujarat Mineral Development Corporation (GMDC) at the Maliya –Miyana site in Rajkot district of Gujarat.

News of the day

Markets end lower amid volatility
The Indian markets opened weak, on the back of negative US and Asian cues. There were feeble attempts at a comeback, with the markets crossing over into the green in the first hour of trade and again around noon, only to retrace immediately thereafter. The afternoon session was volatile, albeit in the red, as the indices unsuccessfully attempted to claw back above the dotted line.
Public Company

India unlikely to achieve $200 bn export target: Scindia

India is unlikely to achieve the $200 billion export target this fiscal due to the continuing global financial crisis, the Rajya Sabha was informed today. - Exports were in line with FTP targets, except for FY09 - India likely to post 8% growth in FY 10: Kamath - Duty-free inputs can be used only for exports - Govt to return to FRBM target at the earliest: MoS finance - Moody"s may downgrade India on worsening govt debt position - IDBI expects interest rates to go up in Q3 "On account of continuing global financial crisis and economic slowdown of developed economies, the target of $200 billion is unlikely to be achieved," Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply to a question in Rajya Sabha. The government had fixed the target of $200 billion of exports for the current fiscal while announcing the interim trade policy in February. He said the government and the Reserve Bank are monitoring both the domestic and international economic developments. India"s exports has been on a downslide since October 2008 due to the demand recession in its key markets of the US and Europe. The US and Europe accounts for the bulk of India"s merchandise exports. After growing at 31.3 per cent in the first half of 2008-09, exports plunged by 22.3 per cent in the remaining six months. For the fiscal exports were $168.7 billion, a flat growth of 3.5 per cent. The government has announced several sops like interest subsidy to promote exports.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009