Industry body not upbeat on IIP numbers
byNew Delhi, May 10 (IANS) Industry associations Friday said overall slowdown in the country’s economic activity would constrain manufacturing growth and an accommodative monetary…
Business
Tesco seeks clarity on India’s retail FDI norms
byNew Delhi, May 10 (IANS) Britain’s biggest retailer Tesco Friday said it is waiting for more clarity on India’s foreign direct investment (FDI) policy…
Indian American wins US business chamber award
byNew York, May 10 (IANS) An Indian American businessman has been awarded by a US business chamber as its 2013 Ambassador of the Year….
Daimler’s Chinese engine plant begins trial production
byBeijing, May 10 (IANS) German automaker Daimler AG has begun a trial production at its first overseas engine plant in China ahead of its…
Industrial output rises 2.5 percent in March
byNew Delhi, May 10 (IANS) India’s industrial output grew by 2.5 percent in March, as against a contraction of 2.8 percent in the corresponding…
South Korea’s import prices edge up
bySeoul, May 10 (IANS) South Korea’s import prices edged up last month as the depreciation of the South Korean currency offset the effect from…
Brazil sells $750 mn government bonds
byRio de Janeiro, May 10 (IANS) Brazil said that it sold $750 million worth of dollar-denominated government bonds due January 2023 in European and…
Ghana to restructure capital market to spur growth
byAccra, May 10 (IANS) Ghana is ready to restructure its capital market to spur economic growth, Finance Minister Seth Terkper said here. The restructuring…
Sensex trades flat, metal and realty stocks down
byMumbai, May 10 (IANS) A benchmark index of the Indian equities markets was trading flat in afternoon trade Friday. The sober sentiments set in…
Britain hungry for foreign investment to boost economy
byLondon, May 10 (IANS) British Prime Minister David Cameron has expressed his country’s strong hunger for foreign investment to boost economic growth at the…