Sensex slips into the red
Mumbai, Nov 8: A benchmark index for Indian equities markets Tuesday gave up its modest early gains and was ruling in the red in afternoon trade as uncertainty over the Euro zone debt crisis continued to weigh on investors.
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High food inflation due to change in food habits?
New Delhi, Nov 8: High food inflation, which has reached 12 percent, continues to baffle economists and policymakers alike.
‘Job creation a way to tackle economic crisis’
Rio De Janeiro, Nov 8: Brazilian President Dilma Rousseff has said that job creation is a way to tackle economic crisis.
Toyota cuts sales target in Indonesia
Jakarta, Nov 8: Indonesia’s largest automobile producer, PT Toyota Astra-Motor (TAM), dropped its sales forecast this year after a flood in Thailand disrupted its supply of complete built-up units (CBU) and components, an official said.
Australian business conditions down in October
Sydney, Nov 8: Australian business conditions weakened in contrast with increased confidence in October, according to survey results released Tuesday by National Australia Bank (NAB).
EU urges Greece to reaffirm reform commitment
Brussels, Nov 8 (IANS/RIA Novosti) Greece could receive a blocked bailout instalment, the sixth tranche worth 8 billion euros ($11 billion), if the nation’s incoming government reaffirms its commitment on EU-proposed austerity programme, said Olli Rehn, the EU economy commissioner.
Not heard from government on petrol price hike rollback: HPCL
Mumbai, Nov 8: The Chairman-cum-Managing Director of Hindustan Petroleum Corporation Limited (HPCL), Subir Roy Choudhary has ruled out rolling back the prices of petroleum products, saying there is no directive from the Central Government on this so far.
Financial world needs more transparency: Vikram Pandit
Washington, Nov 8: Citigroup’s Indian American Chief Executive Vikram Pandit says last week’s collapse of MF Global Holdings Inc.
Indian Americans form body to boost nanotechnology
Washington, Nov 8: Given the huge potential of nanotechnology, a group of Indian Americans professionals have launched The Indus Nanotech Association (TINA), which would connect entrepreneurs and businesspersons, researchers, technologists and investors.
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