Business

Record Exports in July Fail to Allay Slowdown Fears

Merchandise exports rose by a record 82 per cent in July to $29.3 billion from $16.1 billion in the same month last year, mainly due to a rise in the demand for engineering and electronic goods and gems and jewellery.

RBI Cautions Public Against Investing in Unregistered NBFIs

The Reserve Bank on Thursday cautioned public against investing in non-banking finance institutions (NBFI), including Forex Achievements, which are not registered with the central bank.

India Inc Takes to Foreign Loan Syndication

BRICs no Cure For Global Economy as Avon to Siemens Shares Sink

Food Inflation at 10.05%, Highest in Five Months

To the chagrin of the government, the weekly food inflation entered double digits after a gap of five months, in a spurt mainly attributed to rise in prices of fruit and vegetable and protein-rich items.

Indian Industry Wary of New Defence Offset Policy

The Ministry of Defence (MoD) is finalising a revised defence offset policy. Business Standard has learnt the new policy would dilute offset requirements substantially, bowing to sustained lobbying from foreign arms vendors and making it easier for t

Soaring Global Cereal Prices Present Export Opportunity for India

Soaring global cereal prices have provided a rare opportunity, which India should leverage by allowing exports of agri commodities beyond the mandatory buffer stocks, said economists.

Chinese, Indian Workers Most Likely to Pay Hooky

Protectionism Will Hurt Economic Recovery

India on Thursday asked the developed nations, especially the US and European countries, not to turn protectionist in view of the current economic crisis, saying it would only prove counter-productive and hurt recovery.

Realtors Face the Squeeze Amid Tight Liquidity, Stricter Funding Norms

The only constant is change. This has been an axiomatic truth for the Indian real estate market over the last 24 months with volatility having become a byword. There has been little or no respite from this state of flux.