The benchmark Nikkei average finished a volatile session a tad lower on the Tokyo Stock Exchange Friday as investors scratched their heads over how to digest a media report about a possible federal rescue of troubled U.S. mortgage giants. The
The key to whether the Doha Round succeeds in truth lies in sectoral trade agreements that would seek to eliminate tariffs in key sectors," John Engler, president of the National Association of Manufacturers, said in a statement. World Trade Organization
Yet, out of five trading sessions, three ended in the negative. Inflation based on the wholesale price index rose 11.89 percent in 12 months to June 28, above the previous week's annual rise of 11.63 percent. It was the highest
In cities across Canada, people started making lines at stores as early as 2 a.m. to lap up the magic wireless device. Rogers Communications, the exclusive carrier of iPhone in Canada, had a tough time controlling the crowds as supplies
US officials and politicians all sought to allay concerns Friday over the capital position of the two government-chartered companies, including President George W. Bush, who said his economic team "will be working this issue very hard". But officials were quiet
India has achieved substantial reductions in tariffs since the nineties and the current external environment is relatively favourable compared to low-income and South Asian country group averages", Lead Economist and Trade Programe Leader at the World Bank Institute Gianni Zanini
Track the new businesses being started up in the country, and if they are not in the tech sector, the chances are that they are located in Delhi/Gurgaon/Noida. The majority of FMCG companies other than Unilever are in the Delhi
Infosys Technologies generates over 60 per cent of its revenue from the US, which is witnessing a slowdown. A falling rupee did help the company tide over the quarter, and S Gopalakrishnan (popularly addressed as Kris) says that new opportunities,
The company had hedged $2.5 billion as of March 2008, but unwound its position reducing its exposure to $1.7 billion as on June 30. The unwinding resulted in a loss. An analyst tracking the firm said: "This was expected as
The initiative, which was launched by the United Nations Environment Programme in 2003 in collaboration with Indian banks, was aimed at providing loans to rural households for setting up solar energy systems. Besides, the 'Billion Tree Campaign' launched in 2006
In the mutual funds segment, well-managed diversified equity funds, balanced funds and monthly income plans with proven track records could form the core portfolio. Of course, the investor's risk profile and investment objectives would play a part in determining the
Releasing its recommendations for BWA spectrum allocation on Friday, Trai has suggested that the auction should be done in blocks of 5 MHz each and any bidder can bid for one or two or three blocks. A company can bid
Yield on the benchmark 8.24 per cent note, due in April 2018, rose 30 basis points this week to 9.45 per cent at 5:30 pm. It had hit an intraday peak of 9.55 per cent, its highest since September 2001.
Private equity (PE) funds in the real estate space are starting to don the developers' hat. Funds such as Trikona Capital, South Asian Real Estate (SARE) and Yatra Capital have started to create in-house teams that can execute real estate
