BUSINESS AWAAZ

UN body for policy orientation to create jobs

The winter of the global financial crisis is far from over. Whatever recovery is being noticed is fragile in nature. The proposed withdrawal of fiscal stimulus package in Western Europe may lead to double-dip recession and would not solve the intended fiscal problem since tax receipts will further f

Sensex regains 19k level

The BSE benchmark Sensex regained the crucial 19,000-level in early trade on Monday adding 287 points on fund-based buying driven by a firming global trend.

The 30-share index of the Bombay Stock Exchange surged by 287.69 points to 19,087.35 in opening trade. It had gone up by 132.95 points in ..

Oman to revive India sick fertilizer units

MUSCAT: India and Oman have agreed to enhance bilateral business ties between the two countries. While Oman has decided to invest huge funds to revive sick fertilizer plants and other areas, the latter has offered all help in developing the Sultanate’s human resources, small and medium enterprises..

PSUs import 3.39 Lakh Tonne Pulses

NEW DELHI: The Public Sector Undertakings (PSUs), PEC, MMTC, STC and NCCF have contracted 3.39 lakh tonnes of pulses during the current financial year so far. In it, the share of PEC is 2,23,700, MMTC 50,000, NAFED 27,000, NCCF 21,300 and STC 17,000. It includes 1, 73, 461 tonnes for supply to ..

India, Switzerland Sign Double Taxation Agreement

NEW DELHI: (AMN)India and Switzerland on Monday Signed Double Taxation Avoidance Agreement, a protocol amending the existing Double Taxation Avoidance Agreement. The agreement was signed between Republic of India and Swiss Federal Council. The protocol was signed for the Republic of India by ..

Govt offers Rs.1,052-cr stimulus to export sector

NEW DELHI: (AMN) The government on Monday extended sops to exporters to help them mitigate the impact of fragile recovery of global economy. The incentive worth Rs 1052 crore has been extended in sectors like capital goods and textiles.Announcing the annual Foreign Trade Policy here today, the ..

Govt Amends Public Shareholding Rules

NEW DELHI (AMN): The Department of Economic Affairs, Ministry of Finance has amended the Securities Contracts (Regulation) (Amendment) Rules, 2010 which had been notified on June 4, 2010
The notification to this effect allows for a lower public sharehold

Govt approves 12 Proposals of FDI

NEW DELHI : The Government of India has approved 12 Proposals of Foreign Direct Investment amounting to Rs. 2305.835 Crore. The approval was based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on July 30, 2010.

Govt not to dilute autonomy of regulators

NEW DELHI (AMN): Finance Minister Pranab Mukherjee on Monday maintained that the government had no intention to dilute the autonomy of various regulators operating in the Indian economy.
He said the government has worked out a mechanism to set

Pulses, edible oil to be imported without duty

NEW DELHI (AMN): THE minister for Commerce and Industry Minister Anand Sharma on Monday said that a National effort is needed to check the price rise in the country. He said that it was the responsibility of both the Centre and the State to make ..

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Ankur Mittal wins Gold medal in Men’s Double Trap event at ISSF

Young Indian shooter Ankur Mittal won Gold medal in the Men's Double Trap event at the International Shooting ...

Bakshi Stadium set to develop modern footaball facility as per FIFA norms

Bakshi Stadium in Srinagar is all set to be developed as a modern football facility as per FIFA norms at an es ...

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NEPAL TRAGEDY: PHOTO FEATURE

[caption id="attachment_30524" align="alignleft" width="482"] The death toll from Saturday's deadly 7.9 magnit ...