- Republican Leaders Speak Out Against Global Taxes By : Economy News
Republican leaders in the U.S. Senate have pledged their support of legislation which would withhold funding from the UN and the OECD should they attempt to impose taxes at an international level. - Industrial Growth in Emerging Economies Heats Up Demand for Temperature Sensors and Transmitters By : Economy News
New analysis from Frost & Sullivan World Temperature Sensors and Transmitters Markets, reveals that the market was worth $2.93 billion in 2005 and expects to reach $4.50 billion in 2012. - Increase investment in education, healthcare: PM By : Economy News
Prime Minister Manmohan Singh Friday emphasised the need for greater investments in the rural, educational and healthcare systems, as also to improve urban governance. - MFRI Announces the Acquisition of a South African Filter Manufacturer By : Economy News
Midwesco Filter Resources, Inc.(MFRI) announced that is has acquired H & D Environmental Services, located near Johannesburg, South Africa. The new subsidiary, which will be renamed, Nordic Midwesco PTY Limited, (Nordic Midwesco), will serve the growing South African and other regional markets as well as provide economical fabrication services for Midwesco customers elsewhere in the world. - Good response to tenders on mega power projects: Minister By : Economy News
Energy firms from China, the US, the UK and Germany have envinced interest in India's proposal to set up seven ultra mega power projects, the Rajya Sabha was informed today. - No shortage of steel in the country By : Economy News
There is no shortage of steel in the country and the compunded annual growth rate of finished steel was 7.5 per cent during the past two years, the Lok Sabha was informed today. - Microtel Inns & Suites Ranked Highest in Guest Satisfaction in Economy/Budget Hotel Segment By : Economy News
For an unprecedented fifth consecutive year, Microtel Inns & Suites has been ranked highest in guest satisfaction among economy/budget hotel chains in the J.D. Power and Associates 2006 North America Hotel Guest Satisfaction Index StudySM. Microtel -- the chain of all newly-constructed, interior corridor hotels -- is the only economy/budget brand in the hotel industry to have received this recognition five successive times. - Five Top Colorado Bioscience Company CEOs Present at This Year’s BioWest Investor Forum By : Economy News
CEOs from five of Colorado’s top bioscience companies will present at the BioWest 2006 Investor Forum on August 24th -- registration is still open for the two-day BioWest event, which is the Rocky Mountain Region’s premier bioscience conference and expo. CEOs featured in the Investor Forum include Paul Berns, Allos Therapeutics; John Serino, Encision - Estimated cost for projects under NHDP will be Rs 1,02,370 cr By : Economy News
The estimated cost of executing various projects under the National Highway Development Programme (NHDP) would be about Rs 1,02,370 crore and Rs 4,759.97 crore has been spent so far on North-South and East-West corridors till June 30, the Lok Sabha was informed today. - Cane prices like to be taken up by CCEA tomorrow By : Economy News
The Government will be bearing in mind the price rise of essential commodities in the country when it fixes the support price for sugarcane for the coming season beginning from October. - Nathpa-Jhakri hydro power project closed for 10th day today By : Economy News
The 1500 mw Nathpa-Jhakri hydro power project in Shimla and Kinnaur districts of Himachal Pradesh remained closed for the 10th day today due to the silt level of Sutlej rising to 12,000-16,000 part per million (ppm) at the dam site against the maximum permissible limit of 4,000 ppm. - Sugar traders eye sweet returns on festive demand By : Economy News
The ensuing festive season may bring cheer to sugar traders as the festivities might provide the much needed demand boost in the coming weeks. - Infrastructure important for development: Reddy By : Economy News
Andhra Pradesh Chief Minister Y S Rajashekar Reddy today said 'infrastructure' is very important as it is all pervasive and precedes development. - Wheat futures down amid import expectations By : Economy News
Wheat August and September futures went down by Rs 4 per quintal at National Commodity and Derivatives Exchange (NCDEX) amid import expectations today, even as the spot prices at Delhi moved southwards. - Sell immediately or store to get good prices, farmers told By : Economy News
Cotton growers in the state have been advised to sell immediately or store their produce taking into account the cost of storage and interest on stocks among other things. - Bangladesh rejects India's 150 mn dollar loan offer for rail link By : Economy News
Bangladesh has rejected India's offer of a $150-million loan for constructing an Akhaura-Agartala rail link, apprehending that New Delhi might link it to the larger issue of transit facilities to reach its northeastern region. - Commodity prices - Kochi By : Economy News
Ginger Medium (New) Rs.5200/- Ginger Best (New) Rs.6200/- Turmeric Rs.4500/- Nuxvomica Rs.1850/- Ambahaldhar Rs.2500/- Kolinjan Rs.7500/- - Planning Commission sets up group to monitor power situation By : Economy News
The Planning Commission has set up a working group on power to review the performance of the sector during the 10th five-year plan and formulate targets for 11th plan, the Lok Sabha was..... - East Delhi to get facelift ahead of CW Games By : Economy News
East Delhi was set to witness tremendous infrastructural development in the run-up to the 2010 Commonwealth Games and would come on par with the better developed localities of the capital, Chief Minister Sheila Dikshit said today. - Tajikistan Prez seeks increased eco coop with India By : Economy News
Tajikistan President Emomali S Rahmonov today sought increased economic cooperation with India as he described the present bilateral trade between the two nations as "unsatisfactory". - Central agencies to act on Pathak report; parliament stalled By : Economy News
A report indicting former external affairs minister K. Natwar Singh in Iraq's oil-for-food scam has been forwarded to three economic investigative agencies, even as an angry opposition prevented parliament from functioning Monday over the media leak of the report. - Govt nixes plans of SEZ developers to sell zones By : Economy News
Special Economic Zones sold by developers after receiving government nod to cash in on the recent boom, would now require fresh clearance from the Centre. - IST to form subsidiary, set up SEZ in Gurgaon By : Economy News
IST Ltd has said it will form a wholly owned subsidiary in order to set up a Special Economic Zone in Gurgaon which will cater to the IT sector. - Arrival of imported wheat to ease supply situation By : Economy News
Wheat supply position will be eased further with the arrival of 7.65 lakh tonne as part of the 30 lakh tonne wheat import contract by the end of this month. - Economic Advisory Council calls for more public investment By : Economy News
Calling for more public investment, the Prime Minister’s Economic Advisory Council (EAC), chaired by Dr C. Rangarajan, today forecast a near 8 percent rate of growth in 2006-07, following three years (2003-2006) of 8.1 percent growth. - Economic growth potent weapon in fight against poverty: PM By : Economy News
Declaring a "war on poverty" through higher economic growth, Prime Minister Manmohan Singh today asked the industry to chip in with more employment- oriented growth opportunities, saying they would reduce the "disproportionate burden" on agriculture. - Indian economy on the move but more is required: PM By : Economy News
India's growth in recent years may be unprecedented but the country must address the issue of making rapid progress and also taking its benefits to the average citizen, Prime Minister Manmohan Singh said Tuesday. - Indian firms in fray for Nepal power project By : Economy News
As peace talks resume in Nepal between the government and Maoist insurgents, at least three Indian companies are eyeing a hydropower project in the country's north. - Power generation in July records 8.6 pc growth By : Economy News
Power generation grew by 8.6 per cent at 54.04 Billion Unit (BU) in July compared to 49.78 BU recorded in July last year. - India-Africa Conclave in October 2006 By : Economy News
Come October, and New Delhi will host the 'India-Africa Project Partnership 2006' — a conclave that will further expand economic opportunities for the two partners. The conclave will take place between October 9 and 11, 2006. - China raises benchmark interest rate By : Bollywood Movie Review
China raised interest rates today by 0.27 percentage points in an effort to rein-in the overheated economy by curbing excessive credit and redundant investments that could bust the world's fourth-largest economy. - India poised to achieve higher GDP,minus FDI in retail: Montek By : Economy News
India, whose economy has been coasting along at 8 per cent for the last three years, can achieve 9.5 per cent GDP growth even in the absence of hard labour reforms or Foreign Direct.... - China lays foundation for first experimental UHV grid project By : Economy News
China laid foundation for the nation's first experimental project of Ultra High Voltage (UHV) grids to transmit power for a long distance through 1,000-kilovolt alternating grids. - India could be affected by slowdown in US economy: Report By : Economy News
India is at a greater risk than the other three BRIC (Brazil, Russia and China) economies in the event of a slowdown in the US economy, a study by global invesment banking firm Goldman Sachs has said. - Improvement in Delhi power situation By : Economy News
There was an improvement in the power situation in the capital today with authorities resorting to loadshedding for only a short duration. - Improvement in Delhi power situation By : Economy News
There was an improvement in the power situation in the capital today with authorities resorting to loadshedding for only a short duration. - 'Next generation legal reforms needed to further economic growth' By : Economy News
As India continues to traverse on the upward trajectory of economic growth, the country needs to create a next generation of legal ecosystem to further the progress, Reliance Industries Chairman Mukesh Ambani has said. - Bush for effective diplomacy to resolve Iran issue By : World News
US President George W Bush today asked the international community to work in concert for effective dilplomacy to resolve the crisis related to Iran's enrichment activities. - Sanction procedure for setting up of power projects to get easier By : Economy News
Union Power Minister Sushil Kumar Shinde on Tuesday said that the Government has taken various policy initiatives to minimize the requirement of government sanctions for setting up new power projects. - EGoM meeting on SEZ postponed By : Economy News
The crucial meeting of the Empowered Group of Ministers on raising the cap on the number of Special Economic Zones has been postponed by a day to tomorrow. - EGoM to discuss SEZ enhancing proposal By : Economy News
The Empowered Group of Ministers (EGoM) will meet today to decide on how many Special Economic Zones (SEZs) the country needs. - Rural Dev Minister demands proper implementation of SGSY By : Economy News
Rural Development Minister Raghuvansh Prasad Singh has urged the Finance Minister and the RBI Governor to direct banks for providing the targeted credit of Rs 2,814 crore to the.... - Applications for 200 SEZ pending with Govt By : Economy News
The Government today said that more than 200 applications for setting up Special Economic Zones are pending with it. - Revenue of postal services rises By : Economy News
Revenue of Indian postal services has increased to Rs 4431.85 crore in 2004-05 from Rs 3297 crore in 2000-01, the Rajya Sabha was informed today. - India eyes power generation projects in Nepal By : Economy News
Facing acute shortage of electricity, India is talking to neighbouring Nepal for tapping the potential it has there. - Govt mulls revision of Companies Act By : Economy News
The Government is considering a comprehensive revision of the Companies Act, 1956 to enable the corporate legal framework to be more effective in the emerging economic environment, Lok Sabha was informed today. - Karnataka to spend rs 350 cr by 2010 on easing traffic congestion By : Economy News
The Karnataka government has decided to spend Rs 350 crore by 2010 to implement programmes directed towards easing traffic congestion, Minister for Home M P Prakash said today. - Iranian minister arriving Tuesday to discuss energy By : Economy News
Iran's Deputy Foreign Minister Mehdi Safari arrives here on a brief visit Tuesday to discuss Tehran's controversial nuclear programme as well as the ambitious tri-nation gas pipeline project with India and Pakistan. - Power sector reform is need of the hour: Manmohan Singh By : Economy News
Prime Minister Manmohan Singh said on Monday that the country needs an urgent power reform and it should be prepared to take bold decisions in this regard. - German Economy Minister in India to boost economic ties By : Economy News
German Economy Minister Michael Glos arrived here on a six-day visit today to further the trade ties with India. - Queens Economic Development Corporation Now Training Entrepreneurs By : Economy News
A 10-week, 60hr Entrepreneurial Assistance Training Program course designed for Queens-based entrepreneurs and small business owners to develop and grow and prepare a plan of action for their business. - New Tribal Bill to be tabled during winter session By : Economy News
Aiming at improving the socio- economic conditions of the tribals, the Government is all set to bring a Tribal Bill in the winter session of Parliament. - Pakistan seeks increased Chinese assistance for N-power production By : Economy News
Asking China to broadbase its ties with Pakistan, President Pervez Musharraf has sought increased military and economic support from the Communist nation, specially in the field of nuclear energy. - HRI Announces Exciting New Performance Management and Succession Planning Event By : Economy News
World-class event to showcase leading edge research, industry best practices and case studies to help HR executives succeed in today’s changing global economy. - Credit disbursal picks up with higher economic growth: NCAER By : Economy News
High growth rates in economic development is leading to acceleration in the lending of the productive sectors, economic think tank NCAER said. - WTO talks can resume if dev nations remove subsidies: Nath By : Economy News
Union Minister for Commerce and Industry Kamal Nath today said India wants the WTO talks to resume but it would, in no way, compromise on the matter of subsidies. - Economists Ignoring 3% Drop in Major Business Expense By : Economy News
The IRS has agreed to distribute $14.5 billion for Federal Excise Taxes (FET) it collected in error AND ordered phone companies to stop billing the 3% FET on long distance, cellular and other bundled services. This is a signifigant event.... - Asian entrepreneurs blaze a trail in the United Kingdom By : Economy News
It is a boom time for Asian entrepreneurs, particularly the NRIs, in Britain who are creating wealth at three times the pace of the country's economic growth while dramatically shifting to hi-tech sectors, according to a new study. - Holland sees scope for more liberal visa regime By : Economy News
The Dutch government today said that it was open to a more liberal visa regime for knowledge workers from India to deepen economic enagement with India. - CII, Dutch business chamber sign MoU to boost economic links By : Economy News
The Hague Chamber of Commerce, West Holland Foreign Investment agency (WFIA) and the Confederation of Indian Industry (CII) signed an MoU on Monday to boost trade and economic links between The Netherlands and India. - India Inc exceeds expectations: CII State of Economy report By : Economy News
India Inc. has turned in an excellent performance in the first quarter, contributing to maintaining the pace of GDP growth at eight percent for the current year. - Japan keen on economic partnership with India By : Economy News
Japan's Vice-Minister of Economy, Trade and Industry, Yutaka Kobayashi, on Monday called for a Economic Partnership Agreement (EPA) with India. - Developing Asia's economy to cross expectations in 2006 By : Economy News
Developing Asian countries were expected to post a better-than-expected economic growth of 7.7 percent in 2006, propelled by strong performances of China and India, the Asian Development Bank (ADB) said in a report Wednesday. - U.S. jobless claims fall again By : Economy News
First-time jobless claims in the United States last week fell by 9,000, a far greater decline than had been expected. - India top economic reformer in South Asia: WB-IFC study By : Economy News
India is the top economic reformer in South Asia, although the region has come last in terms of pace of reforms needed to attract businesses, according to a new study by the World Bank and the International Finance Corporation (IFC). - U.N. official gloomy about Gaza By : Economy News
The head of a U.N. relief agency thinks an international peace keeping force in Gaza would end its economic and political isolation. - David Stockman reportedly probed by SEC By : Economy News
David Stockman, the Reagan-era U.S. economics official who publicly criticized administration fiscal policies, could face claims of lying to investors. - PSL bags Rs 80.77 cr order from UAE By : Economy News
PSL Ltd has bagged an order worth Rs 80.77 crore (17 million dollars) to supply pipes for a gas pipeline project in the UAE. - Vietnam keen on fostering business ties with Kerala By : Economy News
Vietnam has invited Kerala's entrepreneurs to invest in that country and set up joint ventures in tourism, IT, food processing, plantation and other areas. - Chidambram pats UPA for fine economic performances By : Economy News
Patting the Dr. Manmohan Singh led United Progressive Alliance (UPA) for maintaining an above average economic performance over the last two years, Finance Minister P. Chidambram on Friday asserted that the UPA government would be able to maintain a GDP growth rate of 8 percent during its tenure. - Little awareness about Millennium Development Goals, say experts By : Economy News
The Millennium Development Goals set by the United Nations (UN) and accepted by India are way off the mark because of the lacklustre policies of the government and private sector, say experts. - Booming economy a 'success' story of UPA govt: Chidambaram By : Economy News
Terming the boom in the Indian economy as UPA government's major "success" story that Prime Minister Manmohan Singh and he could showcase to the world, Finance Minister P Chidambarm today said the gradual process of reforms was paying dividends although he became 'impatient' at times. - US media urged to ‘support’ Pak’s economic, social success By : Economy News
A senior Pakistani diplomat posted at the UN has urged the US media to talk about good things regarding Pakistan, and support Pakistan’s economic and social success, “rather than playing the blame game.” - Sahu emphasises need to upgrade skill of workforce By : Economy News
The available training infrastructure in the country should be utilised to enhance the productivity of the average worker and upgrading the skill of the workforce engaged in informal economy and making them more relevant in the context of technological development taking place, Union minister of state for Labour, Chandra Sekhar Sahu said today. - Rich nations must help poor countries on global warming front By : Economy News
Rich nations must do far more to help poor countries cope with the consequences of climate change, the BBC has quoted former World Bank chief economist Sir Nicholas Stern, as saying. - Foreign media asked to apply to Xinhua for news dissemination By : Economy News
Overseas news providers in China have been asked to apply to the state-run Xinhua News Agency for dissemination of economic news to Chinese subscribers. - Opening of cultural centre to enhance Indo-Brazilian ties By : Economy News
The opening of a cultural centre in Sao Paulo, the financial hub of Brazil, will strengthen and ehance the longstanding cultural ties with India, Prime Minister Manmohan Singh has said. - Uttar Pradesh Govt allots 2,500 acres for R-ADAG's Noida SEZ project By : Economy News
The Uttar Pradesh government has decided to allot 2,500 acres for Reliance-Anil Dhirubhai Ambani Group's proposed multi-product Special Economic Zone in Noida. - G7 ministers focus on world economy By : Economy News
Finance ministers from the world's leading Group of Seven (G7) industrialised nations opened day-long talks Saturday amid rising concern over signs of a US economic slowdown and its impact on the global economy. - East Asia facing a new wave of challenges: WB By : Economy News
The economic success witnessed in East Asian countries during the past 15 years is now creating a new wave of challenges like inequality, corruption, and environmental degradation, World Bank said in a report. - Unjust world economy, disorder sharpen over the years By : Economy News
United Nations Secretary General Kofi Annan today warned the powerful Security Council that the respect for the world body would continue to decline unless it is able to resolve the raging conflicts, especially in the Middle East and Darfur in Sudan. - Construction of new Shimla bus terminus begins By : Economy News
With the central government allowing the felling of 81 cheer pine trees, construction work of a new inter state bus terminus (ISBT) at the edge of the Himachal Pradesh capital finally began. - No prime agri land will be acquired for SEZs: Nath By : Economy News
Endorsing Congress President Sonia Gandhi's concern on acquisition of farmers' land for industrial purposes, the Centre today said it has told state governments to ensure that no prime agricultural land is acquired for setting up Special Economic Zones. - J-K seeks Rs 4000-crore package in 11th Five Year Plan By : Economy News
The Jammu and Kashmir Government on Wednesday put forward a proposal for allocation of Rs 4000 crore before the Planning Commission for developmental works in the state in the 11th Five Year Plan (2007-2012). - US delegation in Beijing for landmark economic dialogue By : Economy News
A high-level US delegation led by Treasury Secretary Henry Paulson arrived here today for the first round of Sino-US Strategic Economic dialogue, aiming at examining long-term issues in bilateral trade. - Left strike hits hard West Bengal By : Economy News
Life was paralyzed in West Bengal Thursday as a 24-hour nationwide strike called by Left unions against India's economic policies led to deserted roads, disruptions in train services and cancellations of flights. - India's GDP growth may fall marginally in 2007: Standard and Poor By : Economy News
Global credit rating agency Standard & Poor's today said India's economic growth may fall marginally to 7.5-8 per cent, but inflation outlook remained stable at 5-5.5 per cent in 2007. - Japan to continue ODA aid to India By : Economy News
Japan today said it will continue to provide Official Development Assistance to India on a priority basis for strengthening their partnership and supporting New Delhi's efforts to accelerate economic and social development. - India, Japan announce Special Economic Partnership Initiative By : Economy News
India and Japan today announced a Special Economic Partnership Initiative (SEPI) to promote investments for the development of infrastructure in India, especially in the power sector, and setting up of industrial corridors. - China, US agree to ease disputes in economic ties By : Economy News
China and the US today reached consensus on easing disputes in their trade and economic ties, including on reforming the Chinese currency exchange regime, but differences remained on some issues. - India, Japan to work together to secure maritime interests By : Economy News
Stepping up their defence and security ties, India and Japan today put in place a mechanism of cooperation among their coast guard forces to secure maritime interests in their large Exclusive Economic Zones with a focus on the fight against piracy. - India, Japan share strategic interests: PM By : Economy News
Prime Minister Manmohan Singh tonight said that India and Japan have converging long-term strategic interests and there is a vast untapped potential to enhance flows of trade, technology and investment. - China to maintain prudent fiscal policies in 2007 By : Economy News
In the face of inflationary threats and structural imbalances, China will maintain the prudent fiscal policies in 2007 that it has taken since 2005, the Ministry of Finance has said. - 'Govt role to remain vital even in open economy' By : Economy News
Prime Minister Manmohan Singh today asserted that the government will continue to play an important role in a liberalised and "borderless" economy, and said greater attention needs to be paid to the political management of globalisation. - Air New Zealand Upgrades Pacific Premium Economy Class By : Economy News
Air New Zealand today announced a relaunch of its Pacific Premium Economy service available through international travel on 747s and 777s, including flights out of Los Angeles and San Francisco. Beginning on December 20, Pacific Premium Economy will offer new amenities and enhanced services that will allow passengers to enjoy many benefits of Air New Zealand’s Business Premier class. - Golden Eagle’s Pilot Operations Confirming Dimensions of Mineralization By : Economy News
Golden Eagle International, Inc. (OTCBB: MYNG) announced today that its ongoing bulk sampling program and pilot operations on its C Zone gold anomaly in eastern Bolivia are confirming the dimensions of the project’s gold mineralization with a view toward potential full scale production. - Sybill Storz Receives ''Social Market Economy Award 2006'' from the Konrad Adenauer Foundation By : Economy News
Karl Storz Endoscopy-America, Inc. (KSEA), a global leader in endoscopy and medical video imaging systems, is pleased to announce that Dr. h. c. mult. Sybill Storz was awarded the “Social Market Economy Award 2006” of the Konrad Adenauer Foundation on November 16, 2006, in Frankfurt, Germany. - 2007 U.S. Economic and Interest Rate Outlook from UMB CIO Bill Greiner By : Economy News
The following analysis and opinion has been developed by UMB Chief Investment Officer Bill Greiner and UMB Investment Advisors, a division of UMB Financial Corporation. - China's GDP expected to grow 10.5 per cent in 2006 By : Economy News
China's gross domestic product (GDP) is expected to rise by 10.5 per cent in 2006 over the previous year, slightly lower than the first three quarters, the Communist giant's chief economist Yao Jingyuan said..... - Need to address the skills gap in services sector: CII By : Economy News
The steam engine and the Industrial Revolution led the economic growth in the West. These engines required fuel coal and petroleum.....
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