WASHINGTON: India has made “sincere efforts” to reduce trust deficit with Pakistan with which it has a history of complicated relationship, a top Indian diplomat has said, as she expressed concern over “difficult terrain” ahead. “We are engaged in a very conscious effort, a sincere and honest effort to try ...
ASHGABAT: China has become the largest importer of natural gas from Turkmenistan, as follows from what was stated at meeting between Turkmenistan’s President Gurbanguly Berdymukhamedov and the special envoy of the People’s Republic of China, Chen Zhili. With a large Chinese delegation Chen visited yesterday Ashgabat for celebrations on the ...
NEW DELHI: The much-awaited Lokpal Bill was on Tuesday taken up for consideration by the Lok Sabha on a stormy note with the Opposition demanding its withdrawal contending it was full of deficiencies, even as the government asserted that it had sought to strike a fine balance. Moving the Bill ...
NEW DELHI: Rising raw material costs and lower order books are expected to affect the growth of the manufacturing sector during the third quarter of the current fiscal, a Ficci survey said. “Ficci’s quarterly survey on manufacturing projects continued moderation in growth for the sector. This slowdown is a result ...
NEW DELHI: RLD chief Ajit Singh will seal a poll pact with Congress and join the UPA on Monday, strengthening Congress’s hopes of finishing ahead of BJP in UP polls and stitching the only possible alliance in the forthcoming mega battle with SP, BSP and BJP as the other three ...
NEW YORK: Stricter budget discipline in the 17 countries that use the euro is all well and good, but investors fear it won’t provide what the euro zone needs most of all: More economic growth. Money managers say that means Friday’s stock market rally and euro gains could be short-lived, ...
KUMILY (TN-KERALA BORDER): The bureaucracy on either side of the Mullaperiyar divide is working overtime to undo the damage being caused by politicians. While some politicians in Tamil Nadu and Kerala have launched road shows to drum up support for their respective sides on the Mullaperiyar dam dispute, the officials ...
MUMBAI: Shares of engineering firms slumped on Thursday, triggered by reports that the industrial output declined by 7% in October led by a drop in the capital goods sector. Most stocks fell in the range of 3-6% as investors worry that the sector’s woes are far from over because of ...
MUMBAI: India Inc is in a fretful mood. Businesses fear that reforms will be pushed back till the next elections. While some hope that the government may flirt with a few measures after the Uttar Pradesh polls, there are unsaid concerns that populism will surge and fiscal deficit may shoot ...
NEW DELHI: Finance Minister Pranab Mukherjee on Thursday denied the Opposition charge that the government has not done much to check inflation, saying prices of many essential commodities have become cheaper or rose only marginally in the last two years. Retail prices of 30 essential commodities including that of rice, ...
NEW YORK: US stock index futures dipped on Thursday after three straight winning sessions as investors bet leaders at a euro zone summit will come up with a solution to the region’s debt crisis. The European Central Bank is expected to cut interest rates and unveil a new package of ...
BELLARY: Giving a jolt to ruling BJP in Karnataka, former Minister B Sreeramulu today won the Bellary (Rural) Assembly constituency byelection, which he contested as an independent after quitting the party, by a huge margin of over 46,000 votes. Sreeramulu, a close associate of jailed mining baron and former minister ...
By Pankaj Renjhen What does the change in FDI policy mean for Tier II and Tier III towns? The most obvious conclusion is that the entry of large retailers in non-metro towns will boost demand for real estate development. What’s more crucial is that the opening of stores by international ...
MUMBAI: BSE has reduced the minimum possible price movement or socalled tick size in single stock futures traded on the bourse, reversing an earlier move when it had increased tick sizes to make it more “economically significant”. From December 16, tick sizes on BSE will reduce to 5 paise for ...
KUALA LUMPUR: US crude fell for a fourth day on Wednesday, the longest losing streak since August, as renewed concerns about Greece’s debt crisis and a slowdown in China’s manufacturing drove investors to assets such as the dollar and gold. The Greek government faced possible collapse as ruling party lawmakers ...
LONDON: One in five BlackBerry phone users are considering dumping their handsets to switch to another supplier because of the ongoing internet service problems at RIM, according to a study. According to a survey by shopping comparison website Kelkoo, covering over 1,000 BlackBerry users, 19 per cent are thinking about ...
PARIS: Finance chiefs of the Group of 20 rich and developing nations said on Saturday that they will ensure the International Monetary Fund has the resources it needs to help stabilize the world economy _ a hint that they may be open to a bigger role for the fund in ...
