Posts Tagged ‘India’

RBI hints at rate hike, growth below 9 percent

The Reserve Bank of India, the country’s central bank, Monday hinted at another interest rate hike on May 3 as inflation has remained persistently high and spread from food to other items, while cautioning that growth may not be as high as 9 percent this fiscal. View full post on All Stories

India to finalise FY12 govt borrowing schedule on Mar 25: sources

The central government is estimated to borrow a gross 4.17 trillion rupees ($92.9 billion) in the next fiscal year starting in April. View full post on All Stories

India’s global trade set to cross $500 billion

The value of India’s inbound and outbound trade in goods is set to touch $550 billion in the 2010-11 fiscal, with imports expected to touch $350 billion, as against $288 billion in the 2009-10 fiscal. View full post on All Stories

An integrated future policy is an imperative

Agriculture in India has a long history and is one of the strongholds of the economy. The sector provides employment to over 55% of the Indian workforce and accounts for 14.6% of India’s GDP, playing a crucial role in the overall socio-economic development of the country. View full post on All Stories

India Set To Possess Nuclear Triad Capability By 2012

AHN News Staff Mumbai, India (AHN) – India is set to gate-crash into the exclusive three-member club of nuclear triads by 2012 with its first nuclear submarine, INS Arihant, which is to be commissioned in either late 2011 or early 2012. Arihant means “destroyer of enemies” in the Hindi language. Only three countries in the [...]

J&K CM Complains To PM Against Army ‘Interference’

AHN News Staff Srinagar, India (AHN) – Chief Minister of the beleaguered Indian State of Jammu and Kashmir, Omar Abdullah, has written a complaining letter to the Indian Prime Minister Manmohan Singh against the Indian Army’s very public criticism of his government and constant interference into the state policy issues. Omar’s letter to the PM [...]

Revealed: US and UK fears over security of Pakistan’s nuclear weapons

US and UK diplomats warn of terrorists getting hold of fissile material and of Pakistan-India nuclear exchange American and British diplomats fear Pakistan’s nuclear weapons programme could lead to fissile material falling into the hands of terrorists or a devastating nuclear exchange with India. The latest cache of US embassy cables released by WikiLeaks contains [...]

Education Loans In India

India is a developing country and is forging ahead to build a distinct niche in the global economy. Education is an vital factor for the development of any country. India is not far behind in an try to provide education to every kid by granting education loans to students. All banks in India give education [...]

Mukherjee calls for review of graft-hit financial system

A day after India’s premier investigative agency arrested eight officials of banks and financial institutions for allegedly taking bribes to give loans, Finance Minister Pranab Mukherjee Thursday directed a thorough review of the financial system and remedial action. View full post on All Stories

Engineering firms witnessed better revenue growth in Q2

Post a dismal show in the first quarter of the current fiscal, engineering companies in India have seen better revenue growth in the second, aided by modest recovery in industrial capex. View full post on All Stories

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