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While the stronger rupee brings smiles to importers and outbound travellers, it is the IT and the export sector which is bearing the heat. On the basis of the rupee’s growth, the Government is also thinking of scaling down the export target to last year’s level of $125 billion from the...

Trade suffered a massive setback in Punjab due to non-functioning of computerised Information Collection Centres (ICC) set up at all the entry points of the state for recording interstate business transactions. Hundreds of trucks carrying goods were left stranded at all ICC barriers at 36...

This is one industry that has repeatedly projected India as not only a growing economic performer to look out for, but also a software superpower at that. And the growth story is far from over, if the latest survey by National Association of Software and Service Companies (Nasscom) is to be...

Global mobile phone use will top 3.25 billion - equivalent to around half the world's population - in 2007 as cell phone demand booms in China, India and Africa, a survey said on Wednesday. From African farmers to Chinese factory workers, mobile phone subscriptions will pass the 3 billion mark...

Export of Indian apparel to USA market which enjoys 30% of the world market share in the segment has declined from $ 951 million in 2006 to $ 930 million for the year ending March 31,07 registering a decline of by 2.10%, thanks to the continued appreciation of rupee vis-a-vis other competing...

Harley Davidson to hit Indian roads American cult bike brand Harley Davidson can be seen cruising on Indian roads soon. In return for allowing mango exports to the US, the Government on Friday relaxed emission and testing norms for the import of Harley Davidson bikes. The Commerce Ministry...

Well this could be the answer to bajaj automobiles' Pulsar's 250cc by TVS - TVS Taurus the new 250cc bike from TVS says its a never ending competition. 250cc Engine (Again single cylinder though) is what powers it. The main attraction is disc brake for the real wheel as well.... cool (Pulsar...

Kingfisher hit by Rs 17 cr fraud Kingfisher airlines on Wednesday complained to the Economic Offences Wing (EOW) of the city crime branch of an online ticket booking fraud through credit cards saying the airline was duped to the tune of Rs 17 crore. The EOW suspect a nationwide organised...

IPO mop-ups hit record high of Rs 13,559 cr Deepak Korgaonkar / Mumbai November 28, 2006 Fund mobilisation through initial public offers (IPOs) has touched a record high of Rs 13,559 crore in the current calendar year so far, surpassing the previous peak of Rs 13,121 crore during 2004...

What It Means to Hit 300 Million As the U.S. population reaches the benchmark set by China and India, large numbers of immigrants and young people keep the economy vital Sometime in October the U.S. will join China and India in the very small club of countries with at least 300 million...

‘Qaida may hit Delhi soon’ US Warns India Of Strikes On City, Mumbai Before I-Day It’s Code Red. The Centre on Friday raised the terror alert level to “high” after US intelligence confirmed its own assessment about a terror plot to target New Delhi and Mumbai in the run-up to Independence...

Broking houses hit pay dirt in FY06 Profits Double On Rise In Trading Volumes (Johan Mundat, Economic Times, June 30, 2006) THOUGH the equity markets are on a roller-coaster ride now, broking firms have benefited hugely from the FY06 surge. An ETIG study shows that broking houses...

GMR Infrastructure, which has won the modernisation bid for Delhi Airport, said its initial public offer is likely to hit the capital market by June end reports agencies. The company has received the market regulator' Sebi's approval for its IPO, which comprises issue of 45,331,238 equity...