SME Times News in India Economy News

Sensex ends lacklustre day 49 pts down

Staff Reporter — Tue, 24 Nov 2009 00:00:00 +0530

Equity markets closed Tuesday on a dull note, with the Sensex, benchmark index of the Bombay Stock Exchange, ending trade 0.28 percent lower than its previous close.

Manmohan rolls out red carpet for American investors

Staff Reporter — Tue, 24 Nov 2009 00:00:00 +0530

Prime Minister Manmohan Singh Monday made a vigorous pitch for attracting more American foreign investment in areas ranging from infrastructure to agriculture and green energy and underlined that no investor is more welcome in India than the investors from the US.

Deora, Pawar to meet today over ethanol supply

Staff Reporter — Tue, 24 Nov 2009 00:00:00 +0530

Petroleum Minister Murli Deora and Agriculture Minister Sharad Pawar will meet Tuesday to discuss the issue of supply of ethanol for blending with petrol.

India unveils ambitious solar power mission

Staff Reporter — Tue, 24 Nov 2009 00:00:00 +0530

India's solar mission will set up, in its first phase, 1,100 MW of solar power through the electricity grid and 200 MW off the grid, with the objective of making solar power as cheap as power from coal by the end of the mission, Minister for New and Renewable Energy Farooq Abdullah said in New Delhi on Monday.

China wants special visa policy for its workers in India

Staff Reporter — Tue, 24 Nov 2009 00:00:00 +0530

China has asked for a "special policy" for its labourers to help businesses of the two sides finish ongoing projects in India, a top Chinese official said in Kolkata on Monday.

Himachal to set up bio-technology park

Staff Reporter — Tue, 24 Nov 2009 00:00:00 +0530

The Himachal Pradesh government Monday gave the green signal for setting up a bio-technology park in the state and decided to invite bids from private developers, an official said.

ADB to fund Rs.315-cr tourism project in Punjab

Staff Reporter — Tue, 24 Nov 2009 00:00:00 +0530

The Asian Development Bank has sanctioned a Rs.315-crore ($68 million) project for tourism infrastructure development in Punjab.

FICCI signs agreements with three US institutions

Staff Reporter — Mon, 23 Nov 2009 00:00:00 +0530

The Federation of Indian Chambers of Commerce and Industry (FICCI) Monday signed three agreements for cooperation with three leading US institutions.

Sensex shuts 158 points up

Staff Reporter — Mon, 23 Nov 2009 00:00:00 +0530

The Sensex, benchmark index of the Bombay Stock Exchange, Monday shut shop 0.93 percent higher than its previous close.

India seeks Obama's reaffirmation of nuclear deal: Manmohan Singh

Staff Reporter — Mon, 23 Nov 2009 00:00:00 +0530

At his Tuesday summit with President Barack Obama, Prime Minister Manmohan Singh would seek "a positive reaffirmation" of his administration to carry forward their landmark civil nuclear deal forged during the previous Bush administration.