News on : economy

Finance Commission Holds Consultations with CM

The Fourteenth Finance Commission consisting of Dr. Y V Reddy, Chairman and members, Prof. Abhijit Sen, Sushama Nath, Dr. M. Govinda Rao and Dr. Sudipto Mundle

BJP Demands White Paper On Rupee Devaluation

Describing the devaluation of rupee as the darkest period of Indian economy after independence, the Bharatiya Janata Party on Friday demanded that the Congress

India’s consumer confidence level goes up

With a majority of people having bullish opinion about job prospects, personal finances and their

Chidambaram reviews current financial situation

Finance minister P Chidambaram held a meeting on the current financial situation and further measures to tackle it with Planning

US Fed-Res-Bank lends $85 billion to ailing AIG

The US Federal Reserve Bank (FRB) of New York will lend $85 billion to the American International Group(AIG) in

Barack Obama opposes Business Process Out-sourcing

In his acceptance speech, after his nomination as the Democratic candidate for the US presidential post, Barack Obama said that

Inflation touches double digits

Inflation on Friday shot up to a 13-year high of 11.05 per cent fuelled by rise in prices of petrol,

RBI steps in to control inflation

Inflation has soared to 8.75 per cent for the week ended May 31. It is set to cross the 9

New iPhone may arrive next week

The next generation iPhone is widely expected to be the main attraction when Chief Executive Steve Jobs takes the stage

9 NRIs bag top business awards

Nine eminent Indian-Americans, including two women, were bestowed with 2008 Outstanding 50 Asian Americans in Business Award at a glittering