Thursday, March 26, 2009

India's inflation pushing zero

(NEW DELHI) Inflation in India edged closer to zero, official data showed yesterday, raising fears of deflation and prompting expectations of a further cut in interest rates to spur the slowing economy.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,325593,00.html?

Wednesday, March 25, 2009

Sensex may be in rally: Elliott Wave

(SINGAPORE) India's key stock index may be embarking on its second rally of a five-wave cycle that may help the benchmark surpass its earlier record high, according to technical analysis by Elliott Wave International Inc.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,325403,00.html?

Tuesday, March 24, 2009

Mumbai attack gunman's trial begins

(MUMBAI) Sometimes breaking into laughter, the man accused of being the lone surviving gunman in last year's Mumbai attacks told an Indian court yesterday that he was from Pakistan and wanted legal assistance, officials said.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,324968,00.html?

Sunday, March 22, 2009

India has more room for rate cuts, says official

(NEW DELHI) India's central bank has 'more room' to cut interest rates further to combat economic slowdown and a global recession, according to Montek Singh Ahluwalia, deputy chairman of the nation's Planning Commission.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,324794,00.html?

Thursday, March 19, 2009

India's inflation rate lowest in 20 years

(MUMBAI) India's inflation slowed to a two-decade low, providing room for the central bank to cut interest rates to protect the economy from the global recession.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,324510,00.html?

Wednesday, March 18, 2009

HSBC official sees rebound of Indian stocks

(MUMBAI) Sanjiv Duggal, the HSBC Holdings plc investment director who oversees the world's largest India fund, said the Sensitive Index (Sensex) will rebound from a near three- year low on cheaper valuations and government stimulus plans.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,324114,00.html?

Monday, March 16, 2009

Bill Clinton cuts ties with friend's firm Yucaipa

(NEW YORK) Former US president Bill Clinton has severed his connections to Ronald Burkle's Yucaipa Cos and will not receive a payment once estimated to be up to US$20 million, The Wall Street Journal reported, citing a person familiar with the matter.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,324013,00.html?

Sunday, March 15, 2009

Indian regional parties alter political scene

(NEW DELHI) National polls in India used to be a two-horse race with the country's oldest political party, the Congress, vying with the Hindu nationalists for the right to govern the world's largest democracy - but not any more, say analysts.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,323798,00.html?

Friday, March 13, 2009

The colour of spring

An Indian youth playing Holi, the 'festival of colours' in Bangalore on Wednesday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,323430,00.html?

Wednesday, March 11, 2009

Resort state once known for drugs turns to rehab

(ANJUNA, Goa) The easy availability of drugs in Goa has been a draw for many tourists since the days of the hippie trail in the 1960s. Now some are coming to the Indian resort state to kick the habit.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,323201,00.html?

Tuesday, March 10, 2009

India's mobile phone market defies gloom

(NEW DELHI) Amidst all the economic gloom, one business is still booming - India's mobile phones - thanks to the world's lowest call rates driven by fierce competition among cellular operators, analysts say.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,322798,00.html?

Monday, March 9, 2009

Economy will pick up from Oct, says Indian govt economist

(MUMBAI) India's economic slowdown will continue until September but the right mix of monetary and fiscal policies will enable growth to improve soon after, a top government official said on Friday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,322654,00.html?

Sunday, March 8, 2009

UK에 있는 양자.

양육은 당신의 자신의 가정에 있는 아이를 위해 대략 돌보아 준다. 이유의 전체적인 다양성을 위해 사회 복지 사업에 의해 기르는 carers와 두는 영국에 있는 약 39,000명의 아이들이 있다. 이의 많은 것 c… 근원: http://www.goarticles.com/cgi-bin/showa.cgi?C=1354290

Friday, March 6, 2009

'Slumdog' is a millionaire 200 times over

THE milestones just keep coming for Slumdog Millionaire: After winning eight Academy Awards, including best picture, the feel-good indie has now crossed the US$200 million mark in worldwide box office.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,322515,00.html?

Thursday, March 5, 2009

Delhi bid to stop auction of Gandhi items

(NEW DELHI) The Indian government is talking to a New York auction house about its planned sale of Mohandas Gandhi's eyeglasses and other personal items, an official said yesterday, amid pressure at home to prevent the auction and bring the belongings back to India.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,322140,00.html?

Wednesday, March 4, 2009

Hedge funds offering India companies to private equity

(SINGAPORE) Private-equity investors are being offered stakes in Indian companies as hedge funds and banks seek to offload assets, said an executive at 3i Group Plc.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,321900,00.html?

Monday, March 2, 2009

Delhi to allow Chinese toys that are certified safe

(NEW DELHI) India yesterday relaxed a ban on the import of toys from China to allow shipments certified by global safety agencies, weeks after the government had imposed wide-ranging curbs for six months citing public safety.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,321724,00.html?

Sunday, March 1, 2009

India's retail revolution put on hold as slowdown hits

(NEW DELHI) It was hailed as the 'great Indian retail revolution' but a slowing economy and over-ambitious expansion have left many retailers struggling with what analysts now say were hyped expectations.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,321536,00.html?