Saturday, June 25, 2011

Biden offers voice of empathy on the economy

Biden offers voice of empathy on the economy


Biden offers voice of empathy on the economy

Posted: 25 Jun 2011 07:03 PM PDT

Vice President Joe Biden is reprising his role as one of the Obama administration's top surrogates on the economy and an empathetic voice in states hard hit by the recession which could decide the outcome of the 2012 presidential election.


Amul to take taste of India to US, Europe

Posted: 25 Jun 2011 05:09 PM PDT

The cradle of India's White Revolution, the Kaira District Cooperative Milk Producers' Union Ltd - better known as Amul Dairy - will now take the big leap of entering the US and European markets.


LPG to cost Rs 16 less in Kolkata

Posted: 25 Jun 2011 01:31 PM PDT

West Bengal chief minister Mamata Banerjee on Saturday slammed the UPA government for raising the cost of fuels and slashed 4% value added tax (VAT) on cooking gas, saving Rs 16 per cylinder for the Bengal consumer.


Diesel price hike may lead to rise in freight rates; Pranab asks states to cut cess on fuel

Posted: 25 Jun 2011 12:44 PM PDT

The Rs 3 litre hike in diesel prices threatens to push freight rates up by 8-10% while some trucker associations warned of strikes, prompting finance minister Pranab Mukherjee to urge states to cut cess on the fuel to reduce the impact of increased fuel rates.


Finance minister in US to strengthen economic ties

Posted: 25 Jun 2011 12:33 PM PDT

Finance minister Pranab Mukherjee is leading a top level delegation to the United States to strengthen bilateral economic relations and is likely to use the opportunity to dispel any doubts among investors about the India growth story.


Sensex snaps 2-week losing streak, up 370 pts

Posted: 25 Jun 2011 03:18 AM PDT

The BSE benchmark Sensex snapped its last 2-week-long losing streak by gaining 370 points to regain the 18K mark after nine days to close at 18,241 on the back of sharp dip in global crude oil prices and firm overseas cues.


Transporters to raise freight rates by 8-9% on diesel hike

Posted: 25 Jun 2011 02:00 AM PDT

Following hike in diesel rates, transporters said they will raise freight rates by 8-9% with immediate effect on all routes across India. The freight rate from Ludhiana to Mumbai will increase by Rs 2,000 to Rs 24,000.


Harish Manwani named Unilever COO

Posted: 24 Jun 2011 05:29 PM PDT

Tribute was paid to both on Friday as Unilever—the world's second-largest consumer goods company -appointed Harish Manwani as its first chief operating officer, with a specific mandate to spur growth in emerging markets.

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