Business News

Equity markets stay in the red Posted: 10 Sep 2008 02:17 AM CDT Mumbai, Sep 10 (IANS) Indian equity markets stayed in the red early Wednesday. Realty, banking and capital goods stocks were under selling pressure.

China's August trade surplus hits monthly record Posted: 10 Sep 2008 02:12 AM CDT BEIJING (AP) _ China's yawning trade surplus rose to a monthly record high of US$28.7 billion in August as the gap with the United States and Europe widened despite a global economic slowdown, according to data reported Wednesday.

HDFC sees 24-25 pct India loan growth in FY09 Posted: 10 Sep 2008 02:06 AM CDT MUMBAI (Reuters) - Housing Development Finance Corp, India's top mortgage lender, expects growth of 24 to 25 percent in loans in the fiscal year that ends in March 2009, its chairman said on Wednesday.

Coffee market sees a huge scope of expansion in India Posted: 10 Sep 2008 02:05 AM CDT In India, which is the largest consumer of tea in the world, it's hard to shift the Indians from drinking tea to any other drink.

SEL Manufacturing to invest 5 bln rupees in textile park Posted: 10 Sep 2008 01:58 AM CDT MUMBAI (Reuters) - SEL Manufacturing Co said it would invest about 5 billion rupees to set up a technical textiles park in Himachal Pradesh.

Posted: 10 Sep 2008 01:56 AM CDT

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