High drug prices a worry: Govt |
- High drug prices a worry: Govt
- Exploit potential of shale gas: US to India and China
- We will seek govt's consent: Cairn Energy
- Vedanta stock tumbles 8% on mining ban
- Corporate America backs immigration
- US stocks dip as home sales stoke recession fear
- Centre rejects Vedanta's Niyamgiri mining proposal
- Yen hits 15-year high vs dollar
- GST unlikely to come from April 1, 2011: Rev Secy
- Sensex down 98 points on closing
- FIIs' ownership dips in Indian cos
- Rupee depreciates against dollar in early trade
- Sensex declines by 51 points
- Exploit potential of shale gas: US to India and China
- US home sales at 15-year lows, stoke recovery fears
| High drug prices a worry: Govt Posted: 24 Aug 2010 12:23 PM PDT Government is considering to bring in tighter foreign investment control in the pharmaceutical sector and to implement compulsory licensing system to check high prices of patented drugs. |
| Exploit potential of shale gas: US to India and China Posted: 24 Aug 2010 08:26 PM PDT US has offered to India and China its full expertise and technical knowhow to exploit the full potential of shale gas to reduce dependence on foreign oil and move towards its goal of energy independence. |
| We will seek govt's consent: Cairn Energy Posted: 24 Aug 2010 12:30 PM PDT UK-based Cairn Energy Plc will seek government of India's approval to sell its stake in Cairn India to Vedanta. In a conference with the investors and analysts, Cairn Energy CEO Bill Gammel said, "For the Vedanta transaction we will seek the government of India's endorsement and any necessary consent." |
| Vedanta stock tumbles 8% on mining ban Posted: 24 Aug 2010 12:32 PM PDT With the ministry of environment and forest withdrawing permission to Orissa Mining Corporation (OMC) to extract bauxite ore in Kalahandi and Rayagada districts of Orissa, Vedanta Aluminium will have to continue sourcing raw materials from outside the state to run its plant. |
| Corporate America backs immigration Posted: 24 Aug 2010 12:29 PM PDT Corporate America made a huge defence of immigration of high skilled professionals into the US, saying the country's biggest technology brands would not have become what they had but for such immigration. |
| US stocks dip as home sales stoke recession fear Posted: 24 Aug 2010 12:39 PM PDT The 10-year US treasury yield fell to the lowest in 17 months, stocks tumbled and the yen surged to a 15-year high against dollar and nine-year peak against euro as a bigger-than-estimated plunge in US home sales stoked concern that the world's largest economy may relapse into a recession. |
| Centre rejects Vedanta's Niyamgiri mining proposal Posted: 24 Aug 2010 12:42 PM PDT The Union environment and forests ministry on Tuesday rejected the clearance for Orissa Mining Corporation to mine Niyamgiri hills for Vedanta's aluminium refinery in Lanjigarh. |
| Yen hits 15-year high vs dollar Posted: 24 Aug 2010 03:55 AM PDT The yen struck a 15-year high against the dollar and a nine-year peak against the euro on Tuesday as investors and speculators tested the resolve of Japanese authorities to stem the yen's steady rise. |
| GST unlikely to come from April 1, 2011: Rev Secy Posted: 24 Aug 2010 03:08 AM PDT The Constitution Amendment Bill on GST is unlikely to be tabled in the current monsoon session of Parliament and the new indirect tax regime may miss even the delayed deadline of April 1, 2011, a key finance ministry official said. |
| Sensex down 98 points on closing Posted: 24 Aug 2010 04:05 AM PDT The Bombay Stock Exchange benchmark Sensex today dropped by 98 points as investors sold stocks tracking weak global trends. The 30-share index fell by 97.76 points to close at 18,311.59 points. |
| FIIs' ownership dips in Indian cos Posted: 23 Aug 2010 12:37 PM PDT While foreign institutional investors (FIIs) continued to remain bullish on the Indian market, foreign ownership in Indian companies has come down, albeit marginally, in the first quarter of the current fiscal. |
| Rupee depreciates against dollar in early trade Posted: 23 Aug 2010 11:35 PM PDT The rupee today weakened by 11 paise to Rs 46.75 a dollar at the Interbank Foreign Exchange market in early trade due to increased dollar demand from importers. |
| Posted: 23 Aug 2010 10:39 PM PDT The Bombay Stock Exchange benchmark Sensex declined by 51 points in morning trade due to selling by funds following weak global trends. |
| Exploit potential of shale gas: US to India and China Posted: 24 Aug 2010 08:26 PM PDT US has offered to India and China its full expertise and technical knowhow to exploit the full potential of shale gas to reduce dependence on foreign oil and move towards its goal of energy independence. |
| US home sales at 15-year lows, stoke recovery fears Posted: 24 Aug 2010 02:46 PM PDT Sales of previously owned US homes took a record plunge in July to their slowest pace in 15 years, underlining the housing market's struggle to find its footing without government aid. |
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