The finance ministry and the Reserve Bank of India are opposed to reporting the widely tracked wholesale price index every month instead of the existing practice of releasing it every week.
Going a step ahead of Bharti Airtel, Vodafone on Tuesday slashed the tariffs for STD to Rs 1.30 a minute across the country while roaming charges have been dropped to Re 1 for all incoming and local outgoing calls. While
The government is considering awarding a grant from the funds of the Jawaharlal Nehru National Urban Renewal Mission to meet a funding gap in the Mumbai metro project's first corridor that is being built by the Reliance Anil Dhirubhai Ambani
Finance Minister P Chidambaram has said the govt is not considering setting up of sovereign wealth fund. It was suggested that India, which has a forex reserves in excess of 300 billion dollars, should launch its SWF. The SWFs are
ArcelorMittal has sold part of its stake in a Chinese steelmaker it wants to control so it can meet the minimum free float requirement in Hong Kong where the shares trade.
Tata Steel, the world's sixth-largest steel maker, is looking to acquire Brazilian iron ore assets of the United Kingdom-based London Mining, which will help ensure raw material supply for its Anglo-Dutch subsidiary, Corus. The valuation of the asset is yet
Engineering giant Larsen and Toubro and Aditya Birla group firm Grasim Industries are set to settle their long-standing dispute over the sale of cross-holdings out of court. Both the companies are believed to be in consultation with Chennai-based chartered accountant
This has been facilitated by the launch of StarReferral by Global Talent Metrics, a talent research company with offices in Bangalore and Chennai, in association with i-mint, the consumer rewards programme pioneered by Loyalty Solutions and Research Ltd. StarReferral, an
India's largest private telecom company Bharti Airtel is believed to have held discussions to rope in Singapore Telecommunications Ltd, which directly and indirectly holds 30.5 per cent in the company, to bid for South African telecom major MTN Group.
Up to buy or not buy Forex trading with the stock trading, buy-up, or not to buy. Because prices rose only one point in the process of buying is wrong, that is, prices rose to the top, as the exchange
Since July 21, 2005 People's Bank of China issued RMB exchange rate formation mechanism reform policy, implemented based on market supply and demand, the reference to a basket of currencies to adjust, a managed floating exchange rate system. Statistics show
April 10, 2008, the RMB exchange rate "cracking 7 , which is the RMB against the U.S. dollar price the first time above the 7.0 mark. Since last November, the appreciation of the RMB rate has accelerated noticeably, the first
As 5.1 holiday, this week the China Central Bank's open market operations to focus on yesterday, issued 52 billion yuan one-year bills, reduce the 22 billion yuan last week, the rate of 4.0583%, issued 41 billion yuan of 3-year notes
Industrial Bank(CIB,601166.SH) Operations Center on the 29th of funds released to the latest report pointed out that the existence of RMB devaluation risk during the year, the market has always had the need to change "not only banished or" unilateral
Royal Bank of Scotland (RBS) report that the EUR/USD in the Federal Reserve will keep interest rates before the interval fluctuations in the scope of 1.5545/1.5655. However, the bank forecast short-term tendency of the EUR is expected to decline, once
RMB relatively early sharp gains, in April the United States is a moderate number of the foreign exchange market. As of yesterday, April appreciation of the RMB against the U.S. dollar only about 0.34 percent, according to State Administration of
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Some cars are being secretly delighted appreciation of the renminbi and the exchange rate between the Change, imported cars and spare parts imports increased profits. This will not only get the car to the huge benefits of these models also
Security Software company, Finally Software announced today that they had signed a Master Reseller Agreement with Prism Microsystems to market and support their Security Information and Event Management (SIEM) Solution, EventTracker in Europe, Middle East and Africa. "We decided to
