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Economy

Indian economy is going the corporate way

By TwoCircles.net staff reporter

Patil echoes UPA's refrain of inclusive growth

By IANS

New Delhi : President Pratibha Patil's maiden speech Monday to the budget session of parliament gave a distinct sense that the United Progressive Alliance (UPA) government was in the election mode as she referred to inclusive growth and plans to enhance investments in education, agriculture, health and rural development.

Mumbai to host international communications meet

By IANS

Mumbai : The sixth international conference on communications convergence here next month will focus on wireless communication in today's age and how the telecom revolution could be taken to the remote rural areas.

Women ask for gender sensitive budget

By IANS

New Delhi : A delegation led by Women And Child Development Minister Renuka Chowdhury has met Finance Minister P. Chidambaram demanding the 2008-09 budget be gender sensitive with special focus on health and women empowerment.

India's budget to be presented Feb 29

By IANS

New Delhi : Finance Minister P. Chidambaram will present the union budget for 2008-09 Feb 29.

The Indian parliament will begin its three-month long budget session Feb 25. President Pratibha Patil will address the MPs from both the Lok Sabha and the Rajya Sabha at 11 a.m. on the day. The session would end May 9.

India Foreign Exchange Reserves exceed $ 266 billion

New Delhi, Feb 10th,2008 (WAM) -- India?s foreign exchange reserves have grown to an all-time high of US$ 266.55 billion in December 2007, strengthening the Indian Rupee further.

According to a Finance Ministry report, the Rupee appreciated against the Euro, Pound Sterling and the Japanese Yen but depreciated against the Dollar slightly.

Inflation in India rises to 4.11 % due to hike in food prices

NEW DELHI, Feb 8 APP: Inflation increased to its six-month high of 4.11 per cent in India for the week ended January 26 as against 3.93 per cent in the previous week, due to hike in prices of food items.

Deora may not go to Pakistan ahead of Iran visit

By IANS

New Delhi : Petroleum Minister Murli Deora is unlikely to go to Pakistan ahead of his planned visit to Iran beginning Feb 12 to discuss the $7 billion-India-Pakistan-Iran gas pipeline, sources in the petroleum ministry said Tuesday.

US Barreling Into Recession

Washington, Feb 3 (Prensa Latina) Oil has placed a critical role in the US current economic downfall and will continue to drain the nation for years to come, writes Michael T. Klare, professor of Peace and World Security Studies at Hampshire Collage.

India to share spotlight at Global Dubai Tea Forum 2008

Dubai, Feb. 3, 2008 (WAM) -- India will share the spotlight at the upcoming second Global Dubai Tea Forum, organised by Dubai Tea Trading Centre (DTTC), from February 19-20, 2008 here at the Hyatt Regency.

DTTC announced that two unique events are being organised during the forum to familiarize the trade and consumers with the quality attributes of both Darjeeling and South Indian teas.

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