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Just in:   • Gulf oil earnings to touch record $562 bn in 2008  • Ban on rice, wheat exports extended till next April  • Markets crash ahead of inflation data; Sensex 434 points down  • Abu Dhabi energy firm starts work on German plant  • FCI gets nod to sell rice, wheat in domestic market 
Last updated: 06 Aug, 2008  
 Europe


Berlin draws up rules to control foreign state funds
DPA | 21 Aug, 2008
German Chancellor Angela Merkel's ruling coalition unveiled Wednesday new far-reaching rules to head off powerful foreign-owned state-controlled funds going on a shopping spree for companies in Europe's biggest economy.
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Zimbabwe inflation rate hits 11.2 million percent
DPA | 19 Aug, 2008
Zimbabwe's inflation rate reached a new high of 11.2 million percent in June, state media reported, quoting figures from the central statistics office.
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OPEC weekly price slides below $110 a barrel
Xinhua | 19 Aug, 2008
The weekly average oil prices of the Organisation of the Petroleum Exporting Countries (OPEC) dropped to $109.73 per barrel last week, the Vienna-based cartel said Monday.
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Mining giant Billiton posts $15 bn profit
DPA | 18 Aug, 2008
The world's biggest miner, BHP Billiton, Monday posted a record annual profit for the seventh year in a row.
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Global postal union adopts new strategy
Xinhua | 13 Aug, 2008
The 24th congress of the Universal Postal Union (UPU) has adopted a new world postal strategy.
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OPEC crude oil price slides to $111.27
DPA | 12 Aug, 2008
The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) fell by more than one dollar Monday, OPEC said in a statement Tuesday.
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Chicken tikka flavour now for Britain's favourite chips
Venkata Vemuri | 12 Aug, 2008
Chicken tikka and Walkers' crisps. Britain's most popular ethnic food now has a chance of flavouring the country's equally popular brand of potato chips.
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RIM launches new smart model to take on iPhone
IANS | 09 Aug, 2008
Global telecom major Research in Motion (RIM), makers of mobile handset BlackBerry, has finally unveiled its much touted BlackBerry Bold smartphone.
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India to benefit as EU extends preferential duty regime
IANS | 29 Jul, 2008
Merchandise exports from India and 175 other developing countries under a preferential duty regime stand to benefit longer, with the European Union extending the popular scheme by two years.
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Time is running out: Lamy on WTO talks
PTI | 26 Jul, 2008
With member countries sticking to their positions, the ongoing crucial WTO talks are hanging in balance even as its Director General Pascal Lamy warned that the time is running out to finalise the deal.
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  Top Stories
» Decline in manufacture exports a matter of concern: FIEO
» Textile exporters eye Asian markets
» All ministries must have legal draftsmen: Chidambaram
» Buyer-seller meet from October 17
» Industrial city Kanpur at its deathbed
 
Commented Stories
» MSME Ministry proposes new scheme(12)
» Are Indian SMEs getting their basics wrong?(7)
» Central Sales Tax (CST) not brought down to 2 percent: report(4)
» Working overtime - do companies really benefit?(3)
» FM asks banks to lend more to MSMEs(1)
  Customs Exchange Rates
Currency Import Export
US Dollar
42.55
41.95
UK Pound
84.60
83.20
Euro
66.95
65.70
Japanese Yen 39.90 39.15
As on 22 Aug, 2008
  Daily Poll
Do you agree that SMEs are losing out to big corporates because they are ill-informed about the market realities?
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