mydigitalfc.com - Economy

Exchange fluctuation inflates external debt by Rs 90k cr

Sun, 04 Apr 2010 12:45:00 +0530

Exchange rate fluctuation has inflated India's external debt by USD 18. 7 billion (about Rs 90 000 crore) during the three-month period ending December 31 2009 according to

$ 1 billion World Bank loan for urban projects

Sun, 04 Apr 2010 12:43:52 +0530

The World Bank has agreed to give USD 1 billion loan to India for various developmental projects in urban areas.

"World Bank has agreed in principle to give us USD

Foreign investors prefer smaller cities

Sun, 04 Apr 2010 10:53:34 +0530

Small Indian towns score over metros and big cities when it comes to being the destination of choice of foreign investors.

Foreign investors prefer smaller Indian towns to big cities

US govt recovers $ 181 b in bailout funds to date

Sun, 04 Apr 2010 10:50:13 +0530

The US government has recouped USD 181 billion of its bailout money to various financial institutions at the height of the global financial crisis in 2008.

The US Treasury Department's

DSIIDC to create special fund for 29 industrial estates

Sun, 04 Apr 2010 10:47:43 +0530

Delhi Government's premier infrastructure development agency DSIIDC will create a special fund to upgrade facilities at all 29 industrial estates in the capital, a move aimed at providing small scale

More push needed to bring investment in NE: Pranab

Sat, 03 Apr 2010 13:44:56 +0530

Union Finance Minister Pranab Mukherjee has said that more efforts were needed to increase private and foreign investment to North East and held insurgency as a hurdle in the region's

No decision yet on labelling China currency manipulator

Sat, 03 Apr 2010 12:24:41 +0530

Amid growing calls by Congressmen that China be declared a currency manipulator, the White House has said that no final decision on this issue has been taken by the Obama

Food prices may ease after rabi harvest: Pranab

Sat, 03 Apr 2010 12:13:47 +0530

Blaming the inflation on the supply bottleneck, Finance Minister Pranab Mukherjee has said prices of foodgrains are expected to come down after the rabi harvest.

"The inflation is due to

India visit aimed at strengthening ties: Geithner

Sat, 03 Apr 2010 12:09:38 +0530

Ahead of his visit to India next week, US Treasury Secretary Timothy Geithner has said his aim is to deepen America's relationship with the "economically and strategically important" country, where

RBI relaxes overseas investment norms for telecom firms

Fri, 02 Apr 2010 14:41:29 +0530

The Reserve Bank has liberalised investment norms for Indian telecom companies by allowing them to invest in international submarine cable consortia through automatic route.

"As a measure of further liberalisation,