Rs.2.61 crore loss in Himachal power project: CAG
byShimla: State-run Himachal Pradesh Power Corporation showed undue favour to a private contractor during 2009-10 which led to a loss of Rs.2.61 crore to…
Business
IBS Inks major deal with Chevron
byThiruvananthapuram, April 10 (IANS) Technopark headquartered IBS has entered into a multi-million dollar, 10-year contract with Chevron for implementing its ‘Ilogistics solution suite’ in…
Brazil cuts taxes on smartphones
byRio de Janeiro, April 10 (IANS) In the latest of a series of tax cuts aimed at revving up the economy by boosting consumption…
Australian consumer confidence falls
bySydney, April 10 (IANS) Australian consumer confidence stumbled unexpectedly in April after strong gains in the past two months, a survey released Wednesday by…
Bihar set to use nuclear energy in agriculture
byPatna, April 10 (IANS) After encouraging farmers to adopt organic farming, the Bihar government is now exploring how farmers might benefit from nuclear technology,…
US wholesale inventories decline
byWashington, April 10 (IANS) US wholesale inventories posted a month-to-month decline in February while sales rebounded, US Commerce Department said. Inventories at the wholesale…
China’s foreign trade on recovery path
byBeijing, April 10 (IANS) China’s foreign trade growth continued to pick up in the first quarter, as the country’s supportive policies initiated last year…
South Korea’s jobless rate falls
byHong Kong, April 10 (IANS) South Korea’s jobless rate fell in March from a month earlier and job creation also picked up speed, raising…
Spain’s GDP to contract
byMadrid, April 10 (IANS) Spain would suffer a GDP reduction of between 0.5 and 0.6 percent in the first quarter of 2013, said Spanish…
Inflation likely to remain stable in advanced economies: IMF
byWashington, April 10 (IANS) Massive monetary stimulus taken by the major central banks is unlikely to ignite inflation as the inflation expectations have become…