Saturday, May 26, 2012

Indian economy resilient: Pranab

Indian economy resilient: Pranab


Indian economy resilient: Pranab

Posted: 26 May 2012 09:43 AM PDT

Amid persisting global uncertainties, finance minister Pranab Mukherjee on Saturday said India's domestic demand, high savings rate and regulatory mechanisms make it a resilient economy.


Reliance Comm Q4 net profit nearly doubles

Posted: 26 May 2012 07:54 AM PDT

Reliance Communications said consolidated net profit rose to 3.32 billion rupees ($60 million) for the three months ended March, from 1.68 billion rupees reported in the year-ago quarter.


AI pilots' strike continues for 19th day

Posted: 26 May 2012 07:47 AM PDT

Not just Air India's international operations but even the March's pay of employees have been severely affected due to the ongoing pilots agitation, said an official Saturday.


Sensex snaps 4-week losing streak, up 65 points

Posted: 26 May 2012 07:10 AM PDT

The BSE benchmark Sensex snapped its 4-week losing streak by recovering 65 points amid fresh buying in capital goods, banking and refinery counters during the week.


Payback time for tax-shy Greeks: IMF chief

Posted: 25 May 2012 11:02 PM PDT

The head of the IMF urged Greeks to pay their taxes, saying she is more concerned about sub-Saharan Africans in poverty than Greeks hit by the economic crisis.


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