Cross-LoC trade resumes between India, Pakistan
byJammu: Trade across the Line of Control (LoC) that divides Jammu and Kashmir between India and Pakistan resumed Tuesday after being suspended due to tension…
Economy
India’s central bank eases liquidity, cuts key rates
byMumbai: India’s central bank today cut key policy rates to infuse more money into the banking system and also trigger lower interest rates on loans…
Himachal plans Rs 4100 Cr outlay for 2013-14
byShimla: Settling for a proposed annual plan of Rs 4100 crore for 2013-14 that is 11 percent more than the current one, the government…
Diesel prices partially deregulated
byNew Delhi: The government today allowed state-run oil marketing companies to revise diesel prices from time-to-time in line with global crude oil prices. “Oil marketing…
Hopes of a rate cut boosts stock market sentiments
byThe recent developments on the economic front in India are very encouraging. With an alleviation of headline and manufacturing inflation the long pending demand…
World Bank expects India to grow at 6.4 percent this year
byWashington: After a sharp slowdown pushing down its projected growth to 5.4 percent in the fiscal year ending March 2013, the World Bank expects India…
Power cuts hit 61 percent Indian firms: FICCI
byNew Delhi (IANS) An estimated 61 percent of Indian firms suffer above 10 percent shortfall in production due to power cuts, industry lobby FICCI said…
India hopes to reduce trade deficit with China
byNew Delhi (IANS) The new year could see the balancing of trade between India and China a bit. Three joint working groups on trade, services…
Bihar’s per capita income doubles in 8 years
byPatna (IANS) Indicative of its impressive growth, Bihar’s per capita income has almost doubled since 2004. But it is still well below the national average,…
‘Resume bauxite supply to Vedanta, protect our livelihood’
byBhubaneswar (IANS) A demonstration was staged at Rayagada in Orissa to demand an immediate resumption of bauxite supplies to Vedanta’s alumina refinery at Lanjigarh to…