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Economy will grow at 7 percent, no job cuts: Chidambaram
SINDH TODAY, Pakistan - New Delhi, Oct 31 (IANS) The Indian economy would grow at 7 percent despite the global economic meltdown but this would not mean a reduction in existing job … |
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India rejects Russian aircraft carrier price demand
Flight International - By Radhakrishna Rao India's finance ministry has for the second time rejected a proposal from the nation's defence ministry to approve an additional $1.2 … |
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Indian shares soar on rate cut hopes - Summary
Earthtimes (press release), UK - Asked about fears of a global recession affecting India, Finance Minister P Chidambaram said India would still witness 7 per cent economic growth and … |
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 INSEAD Knowledge - Best of business research |
Steering a new course in unchartered waters
INSEAD Knowledge - Best of business research, France - With credit getting tighter, companies are going to have to change the way they do business and manage their cash. Laurence Danon, executive board member of … |
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PFC plans to raise USD 500 million through
SteelGuru, India - BS reported that Power Finance Corporation is planning to borrow USD 500 million from the overseas markets after the government relaxed the norms for … |
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AK Bhattacharya: Being his own man
Business Standard, India - In his first monetary policy statement as Governor of the Reserve Bank of India (RBI) last Friday, Duvvuri Subbarao touched upon an issue that may have been … |
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ICICI Profit Gains 1.1%, Misses Analysts' Estimates (Update3)
Bloomberg - The central bank and India's Finance Minister Palaniappan Chidambaram were forced to issue statements that the bank has adequate capital after the global … |
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SBI inks JV pact with Macquarie, IFC for ‘Infrastructure PE Fund’
TopNews, India - State Bank of India (SBI), India's largest commercial bank has signed a Joint Venture pact with Macquarie Group and International Finance Corporation (IFC). … |
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BJP: crisis home-grown, Chidambaram should go
Hindu, India - NEW DELHI: With the Sensex crashing more than 1000 points on Friday, the Bharatiya Janata Party said the economy was suffering from a “home-grown crisis” … |
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Nifty, Sensex each down 10%
Economic Times, India - MUMBAI: Intense selling on deepening concern that the economic slump will deteriorate corporate earnings, pushed indices around the global to two year lows. … |
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