Jaya slams petrol price hike, demands revision of price fixation policy
May 01, 2015 at 14:41 | Source:
Chennai: Slamming the recent hike in prices of petrol and diesel, AIADMK General Secretary J Jayalalithaa on Friday demanded revision of the price fixation policy for petroleum products."The increase in prices of petrol and diesel effected by Oi...
Wipro promotes Premji heir apparent to board| Reuters
Apr 21, 2015 at 23:45 | Source:
BENGALURU (Reuters) - Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot.Risha...
Iran N-deal, Yemen evacuation will allow India to project power in region
Apr 10, 2015 at 12:53 | Source:
The apparent rapprochement between the US and Iran is historic. After the 1979 overthrow of the Shah, this is the first time Iran has reached a semblance of normalcy and that is something positive: Iran is too large a power, and has too great a sense...
The Western Deep State's assault on India - and what to do about it
Apr 01, 2015 at 14:00 | Source:
This piece is a continuation of an earlier piece on the deep western state and Indias possible inclusion in a new American, or more generally, western-sponsored axis of evil. Events have overtaken us since the first piece was written, and India has m...
Markets collapse on geopolitical worries, Sensex tanks 654 points
Mar 26, 2015 at 19:31 | Source:
Mumbai: Rising geopolitical tension in the Middle East spooked domestic markets today with benchmark Sensex plummeting 654 points, its biggest daily fall in nearly three months, to close at 27,457.58.Across-the-board selling on the last day of monthl...
Exports fall for third straight month
Mar 14, 2015 at 00:45 | Source:
NEW DELHI (Reuters) - Exports fell for a third straight month in February, underscoring a risk to the economic growth, as a steep decline in shipments to major markets such as the European Union suggested orders falling for Indian factories.Weak glob...
Modi's budget slashes environmental funding for India
Mar 13, 2015 at 03:30 | Source:
NEW DELHI (Thomson Reuters Foundation) - Environmentalists in India have expressed alarm over the new budget of the government of Prime Minister Narendra Modi, which they say heralds substantial cuts in environmental programmes and fails to address t...
RBI to hold rates on April 7, ease gradually after that: Reuters poll
Mar 10, 2015 at 04:30 | Source:
BENGALURU (Reuters) - The Reserve Bank of India (RBI) will lower interest rates further over the coming year but only gradually, wary that subdued inflation may pick up again, according to economists polled by Reuters, who gave only a one-in-three ch...
Reuters Poll - Rupee to depreciate marginally, yuan to rise a little
Mar 06, 2015 at 20:45 | Source:
REUTERS - The Chinese yuan will likely rise only slightly over the coming year as broad dollar strength, the threat of deflation and weak economic growth raises the chance of further stimulus from the central bank, a Reuters poll showed.The poll also...
Jaitley allocates 331.5 bln rupees for health sector
Mar 01, 2015 at 03:30 | Source:
NEW DELHI (Reuters) - India will allocate 331.5 billion Indian rupees ($5.38 billion) to the country's health sector, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget. ($1 = 61.6489 rupees) (Reporting ...
India aims to invest $137 billion in railways in next 5 years
Feb 27, 2015 at 00:45 | Source:
NEW DELHI (Reuters) - The government unveiled plans on Thursday to invest $137 billion in its decrepit rail network over the next five years, heralding Prime Minister Narendra Modi's aggressive approach to building infrastructure needed to unlock fas...
India to embark on rail investment splurge thanks to cheap oil
Feb 26, 2015 at 03:15 | Source:
NEW DELHI (Reuters) - India's decrepit state-run train services stand to receive at least a 25 percent boost in investment to over $9 billion, funded solely by falling fuel costs, according to officials familiar with a railway budget set to be unveil...