Business
Hyundai motor launches ''I 20'' in Indian market
"It is fantastic car, I think the car which many consumers would not have seen in the segment. The car offers many features for the first time and it is one of the most stylish car on the Indian roads" said Arvind Sexana, Senior Vice President, Hyundai Motors India Ltd.
MFs get poorer by Rs 1.5 lakh cr
They used to be an avenue of mutual gains for investors in both good and bad times for years, but incurred heavy losses in 2008, when mutual funds became poorer by about Rs 1,50,000 core or about one-third of their total size. Such has been the impact of these losses – which accounted for nearly three-fourths ...‘Russia's '09 budget deficit at least 3% of GDP’
Russia's Budget deficit next year will be at least three percent of GDP under the most optimistic scenario, a senior Kremlin economic aide said on Thursday. But the deficit could exceed five percent if the global economic slowdown is sustained, said Arkady Dvorkovich, an adviser to President Dmitry Medvedev, ...Sensex rises 135 points in opening trade
Snapping a three-session losing streak, the benchmark Sensex rose by over 135 points in the opening trade today on expectations of further dip in the inflation rate and hope of more sops being announced by the government in the second economy stimulus package. The Bombay Stock Exchange barometer, which had lost 531.19 points in the past three sessions,...RIL to set world's biggest refinery
Reliance Industries is set to double its capacity by starting up its new 580,000 barrels per day plant (bpd) this weekend, creating the world's biggest refinery just as global oil demand collapses. The USD 6 billion project will make the oil complex in Jamnagar in Gujarat the world's single biggest supplier of fuels to the global market, pumping out 1.24 million bpd of ultra-clean fuels to Europe, Africa and the United States. ...‘IT job losses in India can top 50,000 in Jan-June 2009'
Over 50,000 IT professionals in the country may lose their jobs over the next six months as the situation in the sector is expected to worsen due to the impact of global economic meltdown on the export-driven industry, a forecast by a union of IT Enabled Services warned. ‘There would be 50,000 job losses (IT and BPO put together) over the next six months,'...Madoff-hit fund manager found dead in apparent case of suicide
A French fund manager, who lost more than USD 1.4 billion in the multi-billion-dollar Bernard Madoff scandal, was found dead in his Manhattan office here and is believed to have committed suicide....Sensex tank 112 pts on weak global cues
Continuing its slide for the third straight session, the benchmark Sensex fell by 112 points in early trade today as investors squared off positions on the concluding day of derivatives series amid weak global cues and negative foreign funds activity....Insurance bill introduced in RS amidst scuffle
Amid strong attempts by the Left to block the insurance bill, the government today introduced the draft legislation in the Rajya Sabha which witnessed CPI(M) members rushing menacingly towards the Minister of State for Finance to snatch the paper from him. As P K Bansal rose to introduce the Insurance Laws (Amendment) Bill, 2008,...2009 will be 'a really bad year': IMF
International Monetary Fund Chief Dominique Strauss-Kahn has said the level of debt in the UK is "disturbing" but more government borrowing is necessary to stimulate growth. The level of debt in the UK is "disturbing," but given the severity of the economic downturn, more government borrowing was the lesser of two evils,...Log in
- Major Events 1988
- Wage board team coming to Kashmir
- Centre makes one year rural posting mandatory for post graduate medical students
- Highway Closed, Flights cancelled, Kashmir's first snowfall
- Kashmir Agitation
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