Business News

People in UP are repairing defective slippers for livelihood Posted: 29 Aug 2008 02:35 AM CDT Many families in Chandausi town in Uttar Pradesh are engaged in repairing defective slippers from various places, and then selling the redone footwear that look almost new.

India to introduce new companies bill - minister Posted: 29 Aug 2008 02:18 AM CDT NEW DELHI (Reuters) - Indian cabinet on Friday approved introduction of a new companies bill 2008 in parliament aimed at tightening rules governing share sales by firms to their owners, a minister said.

India's economic growth slows, GDP drops to 7.9 pc in Q1 Posted: 29 Aug 2008 02:14 AM CDT Indian economic growth moderated to 7.9 per cent in the first quarter of current fiscal, against 9.2 per a year ago as rising borrowing costs impacted manufacturing and some other sectors.

GDP slips to a 3.5 yr low at 7.9 per cent Posted: 29 Aug 2008 02:14 AM CDT India's economy lost steam in the June quarter, with annual growth of 7.9 per cent marking its slowest rate in 3-œ years, but the central bank was not expected to relax its tight monetary stance any time soon.

Chidambaram: Economy to grow close to 8 pct in FY09 Posted: 29 Aug 2008 02:13 AM CDT MUMBAI (Reuters) - India's economy should grow close to 8 percent in the fiscal year ending March 2009, and the government will meet its fiscal deficit responsibility targets, Finance Minister Palaniappan Chidambaram said on Friday.

India's economy grows at 7.9 pc in Q1 Posted: 29 Aug 2008 01:40 AM CDT New Delhi, Aug 29 (PTI) Indian economic growth moderated to 7.9 per cent in the first quarter of current fiscal, against 9.

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