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Industry Stalwarts underline critical need to wire up SMEs
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30.11.2009 |
Financial Express |
| Industry Stalwarts underline critical need to wire up SMEs |
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Lessons from recession will help SMEs future roadmap
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30.11.2009 |
Financial Express |
| Lessons from recession will help SMEs future roadmap |
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FY10 growth target may be revised up: Montek
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30.11.2009 |
NDTV Business |
| The Planning Commission today said the projections for the entire 2009-10 financial year may have to be revised upward after the latest GDP figures pointed towards an upturn in the economy.
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Dubai exchange nosedives as trading resumes
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30.11.2009 |
NDTV Business |
| Dubai's main stock exchange has dropped nearly 6 per cent on the first day of trading since officials went public with the city-state's huge debt crisis.
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Lessons from recession will help SMEs' future roadmap
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30.11.2009 |
Oneindia.in: News |
New Delhi, Nov 30 (ANI/Business Wire India): Learning lessons from recession important for future upswing |
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Key WTO ministerial talks begin today
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30.11.2009 |
NDTV Business |
| The Doha trade talks are likely to dominate the three-day WTO conference of 153 trade ministers beginning today, though hardcore negotiations are not part of the official agenda.
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Abu Dhabi likely to bail out Dubai
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30.11.2009 |
NDTV Business |
| Concerns about Dubai s potentially crippling default on enormous debts to global creditors have rattled investor confidence across the oil-exporting Gulf region but Abu Dhabi will come to the rescue, says a leading economist in the region.
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Rupee up 25 paise at 46.39 a dollar in early trade
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30.11.2009 |
NDTV Business |
| The Indian rupee today strengthened by 25 paise to 46.39 against the US currency in early trade
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Oil recovers as Dubai woes ease
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30.11.2009 |
NDTV Business |
| Oil prices perked up in Asian trade today as investor worries over Dubai's debt crisis receded, analysts said
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Sensex bounces back strongly; metal, realty gain
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30.11.2009 |
NDTV Business |
| Indian markets staged a big comeback on Monday, as fears receded over the impact of the Dubai debt crisis. The central bank of the UAE has said that it will pump in additional liquidity to tackle the crisis.
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GDP likely to grow at 6.4% in second quarter
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30.11.2009 |
NDTV Business |
| The PM's advisory panel expects the economy to grow by 6.4 per cent as against 7.7 per cent in the year-ago period. The GDP numbers would be released later in the day.
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Risk-averse banks retarding growth?
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30.11.2009 |
Asian Age: Editorial |
| Nov.30 : The pressure on banks to lend, particularly to the micro and small and medium industries (SMEs), is increasing but the banks appear unmoved. But unless they lend to the manufacturing sector, there will be no real growth in production and consequently in the economy. Small and medium industries comprise the bulk of the manufacturing sector. Both state-owned and private sector banks complain that there are hardly any viable projects to lend to, an argument which industry leaders are quick to dismiss. The viability of a project is not that easy to assess, they say, asking in turn that if the bankers’ logic was true, and they lend only to "viable" projects, then how do the banks end up with so many non-performing assets (NPAs)? The entrepreneur is not the only one to blame if a project fails; there are other factors such as technical and labour problems, besides loan delays! One estimate has it that lending to the small and medium sector has fallen from 12 per cent to nine per cent — ... |
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UAE sets up new facility for liquidity
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30.11.2009 |
NDTV Business |
| Efforts are on to pull Dubai out of debt, the central bank of the United Arab Emirates has said it will pump in extra liquidity to tackle the crisis.
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Bafna Pharma looks set to grow at a rapid pace going forward
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30.11.2009 |
ET: Big Bucks: Investment |
| With its new facility ready to beef up its production, Bafna Pharma looks set to grow at a rapid pace going forward. |
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Indo-US services trade may touch USD 150 bn by 2015: CII
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30.11.2009 |
NDTV Business |
| The Indo-US services trade is likely to grow to an ambitious USD 150 billion in the next six years, says a CII estimate.
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Mangala oilfield output reaches 1mn barrels
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30.11.2009 |
NDTV Business |
| Cairn India, which began production from the world class Mangala oilfield in Rajasthan in late August, has reached one million barrels of oil output from the nation's most prolofic onland field.
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Ansal API to launch 2-mn-sq-ft affordable homes
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30.11.2009 |
NDTV Business |
| Buoyed by robust sales of its low-cost homes, real estate firm Ansal API today said it will launch over 2 million sq ft area under affordable housing category during the next fiscal.
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NSE to launch MF platform on Monday, fund houses keen to join
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30.11.2009 |
NDTV Business |
| The country's top mutual fund houses, including UTI Mutual Fund, are keen to join National Stock Exchange's new mutual fund service system which will be launched on Monday.
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SBI plans to open 23 overseas branches by March
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30.11.2009 |
NDTV Business |
| SBI, which enjoys the largest overseas presence among domestic banks, is in advanced stages of opening 23 more branches abroad over the next four months.
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Tatas rejects 10 mn pound loan by UK: Report
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30.11.2009 |
NDTV Business |
| Indian conglomerate Tata Group has rejected a 10 million pound British government loan, which was supposed to be used for developing an electric version of one of its existing models, says a media report.
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