India targets $50 billion FDI from 2012
India's commerce and industry minister Anand Sharma said that from 2012 the country would be able to attract 50 billion dollars annually. UIDAI to rope in various service providers
Also, UIDAI will roll out the gigantic scheme in one-and-a-half year's time and would cover 600 million people in five-and-a-half years. Profitable PSUs to divest 10 per cent equity
According to the CCEA's decision, unlisted firms with three-year track record of net profit and positive networth will have to come out with Initial Public Offerings. Indian economy is responding well: FM
Finance Minister Pranab Mukherjee, while speaking to media persons in New Delhi on Tuesday, said that India's economy is responding well. He also informed that the government took essential measures to tackle the adverse impact of inflationary pressure. RBI signals tightening of interest rates
The Reserve Bank of India on Tuesday said it was starting to unwind some of the extraordinary policy easing and liquidity support measures taken to shore the economy up against the global credit crisis and economic slump. BIG Cinemas re-opens Movie City in NJ
BIG Cinemas made major renovations and re-opened Movie City in Edison, New Jersey. Government to infuse $1.1 billion into Air India
Air India has been struggling after it posted an $875 million loss in the fiscal year ended March and sought a government bailout. Khurshid clarifies his stand on high CEO salaries
Khurshid said that display of wealth and opulence is unacceptable in the present scenario. RBI stresses need to check inflation expectations
Reserve Bank of India governor D Subbarao on Thursday said that India's central bank needs to control inflationary expectations and support growth.