Govt ups GDP growth projection to 7.1 pc
SME Times News Bureau | 22 Feb, 2012
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| The Indian economy is expected to grow at 7.1 percent in the financial year ending March 31, slightly higher than the 6.9 percent growth projected in the advance estimate early this month, the Prime Minister's Economic Advisory Council said Wednesday.. |
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Sensex down 283 pts on profit booking
SME Times News Bureau | 22 Feb, 2012
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| A benchmark index for Indian equities closed 283 points lower Wednesday as investors booked profits after recent rallies. Realty, consumer durables and metal stocks were among the biggest losers.. |
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UAE to set up training centres in India
IANS/WAM | 22 Feb, 2012
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| To control the flow of unskilled workers into the country's construction sector and bypass private recruitment agencies, the UAE would set up training centres in their home countries, including India.. |
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Global uncertainty affecting India: FM
SME Times News Bureau | 22 Feb, 2012
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| Global financial problems, besides a tight monetary policy, are affecting the Indian economy and a slowdown in external demand has led to a decline in exports, Finance Minister Pranab Mukherjee said Tuesday.. |
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Indian investors to invest in Ghana's sugar, fertiliser Inc.
SME Times News Bureau | 22 Feb, 2012
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| Indian investors are keen to invest as much as $36 million in Ghana's ailing sugar industry, Indian High Commissioner Rajinder Bhagat has said."Indian investors intend to revive Ghana's sugar industry by investing in the establishment of a sugar processing plant. In addition, other Indian investors are also waiting to invest in a potato plantation," said Bhagat in Accra (Ghana).. |
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Kerala traders shut down to protest FDI
IANS | 22 Feb, 2012
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| A large number of traders in Kerala Wednesday shut down their businesses to protest moves to permit foreign direct investment (FDI) in the retail sector.The call for the 24=hour shutdown was given by the biggest body of traders in the state, the Kerala Vyapari Vyavasayi Ekopana Samithi.. |
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US to raise issue of bottlenecks in Indian ports
SME Times News Bureau | 21 Feb, 2012
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| The US will raise the concerns of its companies operating in India with regard to infrastructure and congestion of ports with the Indian officials, visiting Under Secretary of Commerce for International Trade Francisco J. Sanchez said in Chennai on Monday.. |
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