Thursday, September 9, 2010

CWG spikes airfares from Delhi

CWG spikes airfares from Delhi


CWG spikes airfares from Delhi

Posted: 09 Sep 2010 01:56 PM PDT

Tourists may or may not line up to see the excavated remains of "world class" Delhi during the October 3-14 Commonwealth Games (CWG), but Delhiites' scramble to fly out of the city is pushing up airfares.

Govt share in total debt dips to 26%

Posted: 09 Sep 2010 01:55 PM PDT

The share of government (the main borrower from bilateral and multilateral sources) in India's total external debt has reduced significantly to 26% in March 2010 from 60% in 1990.

RIL 2nd among world's largest value creators

Posted: 09 Sep 2010 02:04 PM PDT

Mukesh Ambani-led Reliance Industries has been ranked second in the list of world's 10 biggest 'sustainable value creators' — companies that have been successful in creating the most shareholder value over the last decade — prepared by Boston Consulting Group.

India slips to 51 on global competitive list

Posted: 09 Sep 2010 02:02 PM PDT

India has slipped to 51st from the 49th spot in the World Economic Forum's annual Global Competitiveness Report (GCR) 2010-2011 among 139 countries rated for institutions, policies, and factors that determine the level of productivity.

Food inflation rises to 11.47%, RBI hike seen

Posted: 09 Sep 2010 03:12 PM PDT

Food inflation rose to 11.47% for the week ended August 28 on the back of rising price of perishable items that become particularly vulnerable in the rainy season and fuelling fears of a rate hike by RBI in its policy review on September 16.

Ohio again: Obama targets outsourcing ahead of visit

Posted: 08 Sep 2010 09:45 PM PDT

Striking a harsh note ahead of his visit to India in November, US president Barack Obama raised the outsourcing bogey again, stressing that he would end "tax breaks" for companies that "create jobs and profits in other countries."

Slowing recovery to weigh on oil demand: OPEC

Posted: 09 Sep 2010 08:18 AM PDT

World demand for OPEC's oil will be lower than expected this year and next due to a slowing economic recovery and higher supplies from non-member countries, the group said.

Differentiate unsolicited calls from messages: TTSL

Posted: 09 Sep 2010 08:43 AM PDT

The telecom regulatory authority should impose severe penalty for unsolicited commercial calls than messages which are more acceptable, said telecom provider Tata Teleservices (TTSL).

RIL second among world's largest value creators

Posted: 09 Sep 2010 12:53 AM PDT

Mukesh Ambani-led Reliance Industries has been ranked second in the list of world's 10 biggest 'sustainable value creators' — companies that have been successful in creating the most shareholder value over the last decade.

Domestic car sales up 33% in August

Posted: 08 Sep 2010 10:24 PM PDT

Domestic passenger car sales jumped by 33.24 per cent to 1,60,794 units in August compared to 1,20,681 units in the same month last year.

Food inflation goes up to 11.47%

Posted: 08 Sep 2010 11:54 PM PDT

Food inflation went up to 11.47 per cent for the week ended August 28, on the back of increase in prices of cereals, fruits and milk.

Rupee gains 12 paise against dollar

Posted: 08 Sep 2010 10:20 PM PDT

The rupee today strengthened by 12 paise to trade at 46.51 a dollar at the Interbank Foreign Exchange on continued capital inflows by foreign funds.

HC verdict may force Vodafone to pay $2.6bn tax

Posted: 08 Sep 2010 11:53 AM PDT

This is the first time an Indian court has ruled on whether Indian tax authorites have jurisdiction over a transaction between two overseas corporate entities concerning a business venture in India.

Food inflation rises to 11.47%, RBI hike seen

Posted: 09 Sep 2010 03:12 PM PDT

Food inflation rose to 11.47% for the week ended August 28 on the back of rising price of perishable items that become particularly vulnerable in the rainy season and fuelling fears of a rate hike by RBI in its policy review on September 16.

OPEC says slowing recovery to weigh on oil demand

Posted: 09 Sep 2010 08:18 AM PDT

World demand for OPEC's oil will be lower than expected this year and next due to a slowing economic recovery and higher supplies from non-member countries, the group said.

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