Washington, Jan 25 (DPA) President George W. Bush and congressional leaders agreed on emergency steps to spark the slowing US economy, focussing on tax rebates for more than 100 million Americans in a bid to boost consumer spending.
New Delhi, Jan 25 (IANS) Indian equities opened on a strong note Friday and shot up further after a marginal fall, in line with developments overseas after the US administration announced a package to arrest the global financial crisis.
New Delhi, Jan 24 (IANS) India's leading private steel manufacturer Tata Steel posted a net profit of Rs.54.83 billion ($1.37 billion) in the first half of the current fiscal, showing a 70 percent rise on the previous year, the company said Thursday.
New Delhi, Jan 24 (IANS) The Boeing Company Thursday announced that Naveed Hussain will serve in India as its vice-president of engineering and technology.
Bangalore, Jan 24 (IANS) India's second largest IT bellwether Infosys Technologies Ltd made a presentation on business roadmap for 2020 at the World Economic Forum (WEF) annual meeting in Davos, the company said in a statement here Thursday.
MOSCOW. (RIA Novosti economic commentator Vlad Grinkevich) - Rosselkhoznadzor, the state agricultural watchdog, announced on January 23 that it would ban plant product imports from India.
This is a very untimely move as the Year of India in Russia has just started, intending to promote bilateral trade and cultural links.
NEW DELHI, Jan 23 (KUNA) -- India's exports will reach USD 150 billion in the 2007-08 financial year, a senior government official said Wednesday.
"Exports worth USD 150 billion are certain this year. It could even go up to USD 155 billion," Secretary in the Indian Commerce Ministry GK Pillai told reporters.
New Delhi, Jan 23 (IANS) With the US Federal Reserve announcing an interest rate cut of 75 basis points, Indian industry has demanded similar measures from its central bank with the hope it would arrest a possible industrial slowdown.
New Delhi, Jan 23 (IANS) DQ Entertainment Ltd, a Hyderabad-based animation, visual effects and gaming solutions company that produces content for Walt Disney Television Animation, now plans to target Indian users.
By Mayank Chhaya
New York, Jan 23 (IANS) The steep Asian and European stock market fall seriously challenges the recent wisdom that the global markets have finally become independent of and immune to any slide in the US economy. If anything, the panic on the Asian and European stock markets only underscores how seriously misplaced this assertion was.