Experts’ views on RBI annual monetary policy
byNew Delhi/Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) in its annual monetary policy for the 2013-14 financial year, announced Friday, cut…
Business
Tamil Nadu asks India to take back Katchatheevu
byChennai, May 3 (IANS) The Tamil Nadu assembly Friday urged India to take back Katchatheevu, an island ceded to Sri Lanka in 1974, to…
BRICS: Changing the paradigm of international relations (Comment)
byIndia, a motive force behind the founding of BRICS – Brazil, Russia, India, China and South Africa – has shown the world the importance…
A broader ‘Shariah’ index for compliant Indian stocks
byMumbai, May 3 (IANS) The Bombay Stock Exchange (BSE) has become the first in the country to launch a unique index for equities that…
Minibuses for snowbound Himachal areas
byShimla: The central government has agreed to provide financial assistance to Himachal Pradesh for strengthening transport in the state’s remote areas, an official statement…
Rourkela Steel Plant records best production in April
byBhubaneswar, May 3 (IANS) The Rourkela Steel Plant (RSP), a unit of state-run Steel Authority of India Limited (SAIL), said Friday it has registered…
Bharti Airtel to sell 5 percent stake to Qatar Foundation
byNew Delhi, May 3 (IANS) India’s largest telecom operator Bharti Airtel Friday said it will sell five percent stake to Doha-based Qatar Foundation Endowment…
India’s homegrown social networking site eyes 10 mn users
byNew Delhi, May 3 (IANS) India’s homegrown social networking site Worldfloat.com hopes to increase its users to nearly 10 million by the end of…
China’s non-manufacturing sector shrinks
byBeijing, May 3 (IANS) China’s non-manufacturing sector contracted in April, according to official figures issued Friday. The purchasing managers index (PMI) for the non-manufacturing…
GM profit falls
byChicago, May 3 (IANS) General Motors said its profit fell 13.8 percent in the first quarter of 2013 from last year’s $1 billion. The…