Indian bourses create history; closes for the day

Noor En Ahmed,    Mon, 18 May 2009
In the first trading day after the general Lok Sabha election 2009, in which the UPA alliance is set to form the new government without the support of the left front, the Indian bourses ? Bombay Stock Exchange (BSE) and

Govt scraps ban on wheat future

NI Wire,    Sat, 16 May 2009
The government after a long time has finally decided to scrap the ban imposed on the wheat future viewing the stable price and sufficient stock in the government procurement cell.

RBI survey paints ominous picture of GDP

NI Wire,    Fri, 15 May 2009
A survey of Reserve Bank of India has painted a dim picture of India?s growth rate forecasting the Gross Domestic Product (GDP) rate to 5.7% for the current fiscal year (April 01, 2009 to March 31, 2010)

Indian economy to resume sharply: Subbarao

NI Wire,    Thu, 14 May 2009
The Governor of Reserve Bank of India (RBI) D Subbarao seemed quite confident about Indian economy as he said that India would recover sharply and swiftly when the world economy kick-started the recovery.

BRIC more crucial in global turmoil: Menon

NI Wire,    Thu, 14 May 2009
The role of BRIC - Brazil, Russia, India and China - is becoming more crucial in the international decision-making on global economic issues in an environment of global turmoil as world is shifting now on the cusp of a new multi-polarity

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