India’s forex reserves down $471 million
byMumbai: India’s foreign exchange (forex) reserves went down up by $471.3 million to $294.50 billion for the week ended Nov 30, according to Reserve Bank…
Economy
India building roads, bridges in Myanmar
byNew Delhi: A concept of Asia as one entity, linked by road, rail and sea, is taking shape and India is contributing towards it by…
SP and BSP to rescue, government wins FDI vote in Rajya Sabha
byNew Delhi: The government today won the vote in the Rajya Sabha on foreign direct investment (FDI) in retail, two days after it sailed through…
Brazil to invest $25.8 bn to modernize ports
byBrasilia: Brazil’s government Thursday unveiled plans to invest 54.2 billion reais ($25.8 billion) over the next four years to modernize the country’s ports. The goal…
Has the stock market revived for an appetite of fresh IPOs
byThe Sensex stocks have outperformed the new issues on the bourse in the past two years but now there seems a revival of the…
Goa government afraid of ‘unrest’ due to mining ban
byPanaji: Goa can’t afford the social and political unrest that may arise due to the Supreme Court imposed ban on mining, the state’s chief secretary…
FEMA amendments need to be passed by both houses, says BJP
byNew Delhi: Countering the government claim that passing the amendments to the Foreign Exchange Management Act (FEMA) in one house would suffice to make them…
Pakistani daily rues delay in opening trade with India
byIslamabad: The outreach to India could be the centerpiece of the Pakistani government’s foreign policy credentials going into the election, a leading daily said Monday, lamenting that…
Potatoes from Himachal’s cold deserts reap profits
byManali: Himachal Pradesh’s potatoes, grown in the cold deserts of the Lahaul Valley, have been reaping profits for the growers; farmers are happy that…
FDI in retail decision should be reversed, says Shanta Kumar
byNew Delhi: Chairman of parliament’s standing committee on commerce Shanta Kumar has said the government should reverse its decision to allow foreign direct investment…