The government will invest 50,000 crore rupees for funding infrastructure projects to boost the economy through public expenditure,
India
The Minister of State for Industry Ashwani Kumar said, the money will be spent on projects to be built through the Public-Private-Partnership.
He said, the specific contours of the spending will be announced soon.
The announcement came close on […]
U.S. stocks slid on Monday after Citigroup Inc. said it planned more than 50,000 job cuts and Japan, the world’s second-largest economy, slid into recession, adding to a bleaker global economic and profit outlook.Shares of Citigroup, a Dow component, fell 5 percent, and the S&P financial index shed 4 percent. Investors also sold off technology, […]
U.S. stocks fell on Friday after a record drop in retail sales last month increased fears that American consumers’ reluctance to spend will push the economy into an even deeper downturn than currently expected.The Dow Jones industrial average slid 337.94 points, or 3.82 percent, to end unofficially at 8,497.31, based on the latest available data. […]
After a sea-saw battle between bulls and bears Wednesday, bears prevailed ultimately and Indian equities markets ended in the red with a key index shedding more than 300 points to remain well below the psychologically important 10,000 mark.The 30-share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended at 9,536.33, down 303.36 points […]
Country’s largest bank State Bank of India, foreign lender Citibank and four other banks on Thursday announced cut in their benchmark lending rates by up to 75 basis points, thus paving way for cheaper home, personal and auto loans.
Country’s largest bank State Bank of India, foreign lender Citibank and four other banks on Thursday announced […]
Everyone loves T shirts. That is pretty simple. It’s the class mix of style and comfort. They are also a fairly cheap option for basic clothing. Some might want something a bit better though. You may want to look into custom printed T shirts for you organization.
Nothing spreads fellowship more than getting a bunch of […]
Initiating an awareness campaign on the ill effects of cotton cultivated with toxic chemicals, a city-based exporter in Ludhiana launched an exclusive wear, made of organic cotton. The Unique Selling Proposition of the clothing range is that it is free from pesticides and herbicides. Large doses of chemicals are used in producing Commercial cotton. The […]
The government and the Reserve Bank of India have now turned their attention to specific sectors that have started experiencing the pain of a powering down in the real economy. As a first step, the Finance Ministry today removed the 5 per cent customs duty on jet fuel to prop up the civil aviation sector […]
Businesses need more than money to survive. They need that business sense and proper organization and planning to excel. Small things are also significant in business. Take for example business cards. A business card gives the first impression of your business. Thus, a business card should be able to reflect your business values. […]
With the financial crisis hitting the US economy badly, the Middle East is emerging as a key market for the small and medium enterprises (SMEs) of India’s IT sector as they seek to reduce their dependence on the US market.’The US accounts for almost 76 percent of India’s total IT exports, but with the slowdown […]