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With economic policy stimuli already at full tilt, no government wants an overvalued exchange rate to slay recovery, and the rival "soft currency" needs are producing some elaborate rhetorical jousting.
Wed, 10 Mar 2010 07:12:19 GMT
RJD and Samajwadi Party members today staged a walked out in Rajya Sabha demanding revocation of the suspenion of seven members who were marshalled out from the House for their "unruly" behaviour while protesting against the Women's Reservation Bill.
Wed, 10 Mar 2010 07:07:48 GMT
India has invited foreign funds in mining and said it would soon introduce a legislation to make the sector more investment-friendly.
Wed, 10 Mar 2010 06:51:00 GMT
US economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey released on Wednesday.
Wed, 10 Mar 2010 06:44:32 GMT
The shares of companies bailed out by the US government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.
Wed, 10 Mar 2010 06:27:15 GMT
Women's Reservation Bill rocked the proceedings in the Lok Sabha for the third day today forcing Speaker Meira Kumar to adjourn the House till noon.
Wed, 10 Mar 2010 06:18:00 GMT
American International Group Inc has formulated a new "forced ranking" system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the matter.
Wed, 10 Mar 2010 06:17:33 GMT
Iron ore prices are headed as much as 35 percent higher this year and will likely pressure the profit margins of steel companies, Tata Steel Ltd Vice Chairman B. Muthuraman said on Tuesday.
Wed, 10 Mar 2010 06:16:00 GMT
The government's rice procurement for the central pool is down marginally by 3 per cent at 23.8 million tonnes (MT) so far in the 2009-10 season ending September this year on account of lower production.
Wed, 10 Mar 2010 06:09:19 GMT
Jagran Prakashan has moved up as the UK-based media house Independent News & Media (INM) sold 7.5 per cent or over half of its remaining holding in the publishing group to a bunch of domestic and foreign funds for Rs 255 crore. The stock is trading at Rs 120, higher by Rs 2 or 1.9%, on the BSE. The shareshad opened at Rs 118, which was also the day's low, and have touched a high of Rs 122 thus far.
Wed, 10 Mar 2010 06:01:00 GMT
News Now | Daily Stockwatch
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