Saturday, February 18, 2012

KA's tier-II, III operations likely to hit

KA's tier-II, III operations likely to hit

KA's tier-II, III operations likely to hit

Posted: 18 Feb 2012 08:59 AM PST

The cash-strapped Kingfisher Airlines' operations from tier-II and tier-III cities are likely to be affected until March end, industry sources said.

China cuts reserve requirement ratios by 50 bps

Posted: 18 Feb 2012 08:53 AM PST

China's central bank said on Saturday it would cut the reserve requirement ratio (RRR) for banks by 50 basis points, effective from Feb 24.

Failure of governance reason for debt crisis: RBI

Posted: 18 Feb 2012 06:28 AM PST

The ongoing sovereign debt crisis in countries of eurozone owes its origins to governance failures, according to a senior Reserve Bank official.

No tax breaks for outsourcing jobs: Obama

Posted: 18 Feb 2012 04:33 AM PST

Keeping up his tirade against outsourcing, US President Barack Obama said today that firms shipping jobs off shores should be denied tax breaks if manufacturing is to be brought back to America and employment is to be raised.

Sensex continues upward sprint

Posted: 18 Feb 2012 03:39 AM PST

Extending the gaining streak for the seventh week in a row, the BSE benchmark Sensex gained nearly 541 points to end the week at over six-month high of 18,289.35 on hopes of cut in key policy rates by RBI after fall in overall inflation coupled with furious capital inflows.
Posted by Harshad at 9:05 PM

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