Wednesday, September 7, 2011

Switzerland tops, India, US slide in competitiveness

Switzerland tops, India, US slide in competitiveness


Switzerland tops, India, US slide in competitiveness

Posted: 07 Sep 2011 12:19 PM PDT

The annual Global Competitiveness Report of the World Economic Forum continues to slot Switzerland as the most competitive country globally, with the United States falling to the 5th position.


Cos against extra tax on diesel vehicles

Posted: 07 Sep 2011 12:17 PM PDT

Carmakers are opposed to any move by the government to hike tax on diesel cars to offset the subsidy the fuel receives.


'Multilateral route best way to open trade’

Posted: 07 Sep 2011 12:09 PM PDT

Pascal Lamy, director-general of the World Trade Organisation, was in India to drum up support for reviving the stalled global trade talks.


Banks find it tough to hike loan term

Posted: 07 Sep 2011 12:04 PM PDT

PSU lenders say extended tenure is exceeding working life of borrowers.


EU eyes broadening sanctions on Syria

Posted: 07 Sep 2011 09:01 AM PDT

EU nations are considering fresh sanctions against Syria, from a ban on oil-related investment to possible measures against a TV network close to President Bashar al-Assad, diplomatic sources said on Wednesday.


'RBI has no intention to stop teaser loans'

Posted: 07 Sep 2011 08:55 AM PDT

Reserve Bank Deputy Governor Subir Gokarn on Wednesday said the central bank has no plan to ban teaser loans but warned that any such product will attract 2 per cent additional provisioning.


Sensex regains 17k, gains 202 points

Posted: 07 Sep 2011 05:07 AM PDT

The BSE benchmark Sensex on Wednesday regained the 17,000 mark after nearly a month by adding over 202 points on buying by funds in fundamentally strong stocks led by Reliance Industries, amid firming global trend.


Sensex up 140 pts in opening trade

Posted: 06 Sep 2011 09:49 PM PDT

The Bombay Stock Exchange benchmark Sensex rose by 140 points to cross the 17,000-mark in early trade on Wednesday on sustained buying by funds amid a firming Asian trend.


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