Sunday, April 22, 2012

Other income drives India Inc profit

Other income drives India Inc profit


Other income drives India Inc profit

Posted: 22 Apr 2012 05:29 PM PDT

It's the other income, not the core business income, which is driving the quarterly profit growth of India Inc.


Key reforms in next six months: Kaushik Basu

Posted: 22 Apr 2012 05:24 PM PDT

After the flak over his remarks to a think tank here, chief economic advisor Kaushik Basu feels India will see "some important" reforms in the next six months, including on subsidies and may be partial diesel decontrol and FDI in retail.


'Global debt crisis not yet over'

Posted: 22 Apr 2012 10:47 AM PDT

The global debt crisis is not over and risks to the world economy persist, Chinese Premier Wen Jiabao said on Sunday during a visit to Germany.


India-Indonesia trade target revised to $45bn

Posted: 22 Apr 2012 05:02 AM PDT

Seeing bigger potential in the fast growing business between India and Indonesia, the bilateral trade target for 2015 has been revised from USD 25 billion to USD 45 billion, Indonesian Ambassador Andi M Ghalib said here today.


IMF urges bold changes in Europe

Posted: 22 Apr 2012 02:40 AM PDT

The International Monetary Fund has pulled in billions of dollars in new reserves to help battle Europe's lingering debt crisis.


Mukesh keeps promise; RIL becomes debt free

Posted: 22 Apr 2012 02:15 AM PDT

Helped by a huge cash pile of over Rs 70,000 crore, corporate giant Reliance Industries has become a debt-free entity -- a feat its billionaire chief Mukesh Ambani had promised to achieve about ten months ago.


Global steel production grew 1.1% in Jan-March

Posted: 22 Apr 2012 01:51 AM PDT

Global steel production grew by a meagre 1.1 per cent during the January-March period of the year to 376.76 million tonnes compared to the corresponding period last year, World Steel Association (WSA) data said Global steel production was 372.77 million tonnes in the same period last year.


India tells WTO it will further open market for LDCs

Posted: 21 Apr 2012 10:58 PM PDT

Four developing countries, including India, have told the WTO they would further open their markets for least-developed countries, a move which will help boost the economies of the poor nations.


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