Posts Tagged ‘country’

Volkswagen to roll out new Passat with BlueMotion soon!

Europe’s largest carmaker, Volkswagen AG, is getting ready to launch the allnew edition of the Passat throughout the country by March 2011, reports The Economic Times.

FM releases CBEC`s compendium of tax practices

On the occasion of Central Excise Day yesterday, the Union Finance Minister

SSI units in Food Processing Sector is 33%: Rawat

As per the information given by the Minister of State for Food Processing Industries, Harish Rawat in a written reply in the Rajya Sabha today, companies of big industrial houses and MNCs are engaged in Food Processing Sector in the country. As per the competitiveness report of National Manufacturing Competitiveness Council (NMCC) there as 25,367 registered food processing units in the country whose total invested capital is Rs 840.94 billion. Annual turnover is Rs 2,042.67 billion

Libya dangerously fractured, protestors seize cities

The situation in Libya took a turn for the worse, with the opposition taking control of country’s secondlargest city Benghazi. The opposition is shutting down oil exports and mobilizing rebel groups in the west of the country.

Govt may announce higher borrowings in budget: Abhinav Angirish

Abhinav Angirish, MD, InvestOnline.in while sharing his views for the Union Budget 2011 said, “Currently the challenge before the country is to return to the path of fiscal consolidation and bring down fiscal deficit to 5.5% this fiscal and 4.1% next year. Rising oil prices and fiscal deficit were two major challenges before the Indian economy Unlike in FY2011, the government has lesser flexibility to raise resources in FY2012 as one-time revenue sources such as 3G and broadband auctions would not be available.

Fall shortlived, market asking for `good’ budget: Experts

When the country was getting into the allimportant budget day, the sudden spike in crude price spooked the market and smashes it beyond recognition.

Trade accelerated in major economies in Q4 2010 OECD

International trade picked up in the last three months of 2010 when growth in Chinese imports far exceeded its exports, reducing the country’s trade surplus, the Organisation for Economic Cooperation and Development said on Thursday.

New home sales drop 12.6 percent in January

WASHINGTON (Reuters) – New U.S. single-family home sales fell more than expected in January, a government report showed on Thursday, pulled down by a plunge in activity in the country’s West as a homebuyer state tax credit in California ended.

Will seek govt nod for RIL deal this week: BP

Speaking exclusively to CNBCTV18, Sashi K Mukundan, Country Head of BP said that it will seek government approval for the RIL deal this week.

What do you expect from the Finance Minister this budget?

Every year corporate India, international investors and ordinary Indians stays glued to Finance Ministers’ budget speech to discover the economic policy direction of the country.

Zen Mobile eyes doubling marketshare, revenue by end2011

Present in 80% of the country’s market, the company will have its footprint in all districts of the country in the next threemonths, Gupta said.

Some inflationary pressure to remain in a growing economy: FM

Maintaining that “some inflationary pressure“ will remain in a growing economy, Finance Minister Pranab Mukherjee has urged the states to strengthen PDS to enable the government insulate the poor from the adverse impact of inflation.

`Price stability on agenda, will take more measures`

The government today said high food inflation is adversely affecting the common man and it intends to employ various measures to tackle the situation, including schemes that will facilitate opening up farmers` mandis and mobile bazaars, reports PTI. Some of the important steps the government intends to implement include schemes enabling state governments to set up farmer`s mandis and mobile bazaars, strengthening of the Public Distribution System (PDS) through computerisation and opening more procurement windows across the country, Minister of State for Finance Namo Narain Meena told the Rajya…

Stone India enters platform screen door business

Stone India announced that it has entered into an exclusive co-operation with NRT Co. of Korea to undertake platform screen projects for metros