Wednesday, January 25, 2012

Asia to power world economy in 2012

Asia to power world economy in 2012

Asia to power world economy in 2012

Posted: 25 Jan 2012 07:05 PM PST

The global economic slowdown will affect Asia this year but the region will remain the economic powerhouse of the world, led by China, India and Indonesia, the head of the Asian Development Bank has said.

Google’s privacy policy raises hackles

Posted: 25 Jan 2012 04:49 PM PST

The web giant says the new privacy policy will allow it to offer better services, including more relevant search results.

Hike taxes on diesel cars: Greens

Posted: 25 Jan 2012 04:45 PM PST

The clamour for making diesel cars dearer is getting louder just ahead of the Budget, with environment lobbyists and sections of the government advocating higher taxes to compensate for the subsidy the fuel enjoys.

TRAI waives limit for automated SMS

Posted: 25 Jan 2012 04:34 PM PST

In a major relief for business houses, telecom sector regulator Trai exempted on Wednesday messages generated by and sent to automated technical systems from the 200 SMSs per SIM cap imposed to curb pesky telemarketers.

Tata Steel to lay off 200 staffers in UK, Netherland

Posted: 25 Jan 2012 04:31 PM PST

Amid subdued demand for steel tubes, Tata Steel said on Wednesday it plans to lay off 200 employees at four factories located in the UK and the Netherlands.

Rs 1.5 lakh crore hole in govt books

Posted: 25 Jan 2012 04:18 PM PST

Finance ministry officials say direct tax receipts, which have remained sluggish, may prove to be a sore point.

India, Pak agree on uniform TAPI transit fee

Posted: 25 Jan 2012 04:15 PM PST

The agreement on transit fee for the Turkmenistan pipeline came through during a meeting between oil minister S Jaipal Reddy and his Pakistani counterpart Asim Hussain here.

Politics, price rise blocking diesel deregulation: Reddy

Posted: 25 Jan 2012 04:12 PM PST

The RBI had on Tuesday, in its third quarter review of the monetary policy, suggested the government deregulate diesel to check mounting trade deficit and increasing dieselization of the economy.

Rupee ends flat at 50.08 vs dollar

Posted: 25 Jan 2012 07:07 AM PST

For the second consecutive day today, the rupee ended flat at 50.08/09 against the US dollar amid signs of renewed capital inflows.

Infosys: US investigating visa sponsorships

Posted: 25 Jan 2012 07:04 AM PST

Infosys, India's No. 2 software services provider, said it was being investigated in Texas over its sponsorship and use of short-term US business visas.

Sensex closes above 17k

Posted: 25 Jan 2012 03:42 AM PST

The BSE benchmark Sensex today gained 81 points to close above 17,000-point level after 10 weeks on positive investor sentiment after RBI shifted focus to economic growth.

Yahoo Q4 net income down 5% to $296m

Posted: 25 Jan 2012 12:50 AM PST

Yahoo Inc has posted 5 per cent drop in net income to USD 296 million in the October-December quarter of 2011 due to decline in advertising revenues.

Biocon Q3 net profit falls 15%; shares fall

Posted: 24 Jan 2012 11:15 PM PST

Shares in Biocon Ltd fell as much as 4.4% today, after its December quarter net profit fell 15 percent on lower licensing income, which the company expects to rise in future.

Real estate confederation welcomes RBI CRR cut

Posted: 24 Jan 2012 07:19 AM PST

The Confederation of Real Estate Developers' Associations of India (CREDAI) has welcomed the CRR rate cut by the RBI and said it will help revive demand in the housing segment.
Posted by Harshad at 9:34 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)