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India Need to ramp up domestic energy supplies : Dr. Manmohan Singh

New Delhi, December 14, 2011 : Speaking on the National Energy Conservation Day here, Prime Minister Mr. Manmohan Singh said that as India imports a large portion of its overall energy needs, “it is of...

OPEC sets 30 mln barrel/day oil output cap

Vienna, December 14, 2011 : OPEC, the oil cartel, on Wednesday reached an agreement capping the group’s crude oil production at 30 million barrels a day(bpd). While the deal set an overall output cap, it...

Govt will issue White Paper on black money : Pranab

Mumbai, December 14, 2011 : Union Finance Minister Pranab Mukherjee announced in the Lok Sabha today that a White Paper will be issued on black money. Explaining government’s effort he said government has received 36,000...

Arvind in JV with PD Fiber Glass to manufacture glass fabrics

Mumbai – December 14, 2011 : Indian Textile company Arvind Limited announced its joint venture with Germany based PD Fiber Glass Group for manufacturing of glass fabrics in India. JV named ‘Arvind PD Glass Composites...

November WPI inflation at 9.11%

Mumbai, December 14, 2011 : The wholesale price index (WPI) for the month of November rose 9.11% from a year earlier, slowing from a 9.73% rise in October. Inflation internals reveals that food inflation stood...

High oil prices threat to global economy : IEA

Singapore – December 14, 2011 : High oil prices threaten to worsen a global economic slowdown and crude producers should consider boosting output, the chief economist for the International Energy Agency (IEA) Mr Fatih Birol...

Manufacturing, capital goods taking toll on IIP

New Delhi, December 12, 2011 : India’s industrial output declined by 5.1 per cent in October, led mainly by sharp contraction in manufacturing, mining and abysmal performance in capital goods output. The Index of Industrial...

Maruti’s new Swift sedan variant likely to by Feb

New Delhi, December 11, 2011 : Maruti Suzuki’s popular brand, Swift, may soon be expanded to three body styles from two, as the company looks to maximise returns from an existing platform by working around...

Slow progress in N-projects forces Govt to prune targets

New Delhi, December 12, 2011 : From the 20,000 mega watt electrical (MWe) nuclear capacity target by 2020 that was firmed up close on the heels of the euphoria surrounding the passage of the Indo-US...

Anna Hazare’s Fast begins : Demands a strong Lokpal Bill

December 11, 2011 – New Delhi : Prominent Gandhian and Social Activist Anna Hazare began his fast at around 10:15 a.m. at Jantar Mantar, the protest hotspot in the capital, surrounded by a number of...

Total lunar eclipse to occur today

December 10, 2011 – New Delhi : A total lunar eclipse, will occur today, giving sky lovers all over the country an opportunity to witness the celestial event. This will be the last eclipse of...

Government admits an overstatated Export data by $9 bn

December 10, 2011 – New Delhi : In a major blow to the credibility of Indian government and top bureaucratic community, on Friday government has admitted to a data error in its report on the...

 

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