Apr 1 2008
India said on Monday it was considering cutting import duties on a host of food and other products “to zero” to boost supply and tame surging inflation. The announcement came after India’s annual inflation rate accelerated to a...
Apr 1 2008
India’s external debt outstanding at the end of December 2007 was 201.4 billion dollars, reflecting a rise of 10.3 billion dollars over the quarter. As compared to the level of 169.7 billion dollar at end-March 2007, India’s external debt at...
Mar 19 2008
Twelve migrant labourers, most of them from Bihar, were shot dead by unidentified militants in the State since Monday night. Official sources said five labourers were shot dead by the militants on Tuesday. While three were killed at Takhel, one each...
Mar 17 2008
What are hedge funds doing at this point in time with their portfolio? James Breiding, MD of Naissance Capital, said since banks have been hit very hard, he will look to buy them. He sees a long term story for commodities and suggests that they could be...
Mar 17 2008
American diplomacy was on splendid display this week in two key Asian capitals—Beijing and New Delhi. China and India rolled out the red carpet to visiting cabinet officials from Washington. By a curious coincidence, the two top US...
Mar 13 2008
Despite it’s size and diversity in tourism sites, ‘Incredible India’ can manage to attract only about five million foreign tourists a year while Singapore, its South Asian neighbour, draws over 10 million visitors. While the Tourism Ministry...
Mar 11 2008
In the end, there will not even be fragments. If nature is left to its own devices, about 7.59 billion years from now Earth will be dragged from its orbit by an engorged red Sun and spiral to a rapid vaporous death. That is the forecast according to new...