The carrier commenced international operations last year and currently flies to Singapore, Hong-Kong, Colombo, Dubai and Dhaka apart from other destinations.
Over the past two years, Tata has invested in over 20 start-ups
With the economy showing signs of recovery, job market is also picking up and hiring is set to pick up pace, a senior official of a job portal said.
"There is a need to sustain foreign trade, revive foreign investments and generate domestic demand in order to maintain our growth rates," said External Affairs Minister Pranab Mukherjee, who is also holding the finance portfolio. Boosting the economy was also necessary to "uplift multitudes living below the poverty line." Noting that India cannot remain immune to global crisis, he said, "India faces special challenges from the international financial crisis."
On an average, PMEAC said economic growth could be around 6.5 per cent.
Speaking to a strong crowd of about 500 business leaders and media personalities, Murdoch, an Australia-born US citizen, expressed his strong feeling for Australians stating the country meant 'a great deal to him'. He said: "Over the next 30 years or so two or three billion people will join this new global middle class. The world has never seen this kind of advances before.
Bringing back money stashed in Swiss banks by Indians is not going to make any 'significant difference' to the overall economy, Prime Minister's economic advisory panel head Suresh Tendulkar said on Monday.
Prime Minister Manmohan Singh believes that most of the major economic indicators are still negative, when one looks at the world economy as a whole.
Women in the UK are in danger of bearing the brunt of job losses over the next eight years, researchers claimed on Thursday.
The Energy Co-ordination Committee, headed by Prime Minister Manmohan Singh, would meet on Tuesday with gas pricing, gas sourcing and gas allocation as the main topics on the agenda, an official source said.
Though it is smaller than the $11 billion BPO exports market, it is expected to reach $6 billion by 2012, according to a new Ernst and Young study. The domestic BPO market, hence, presents a huge untapped growth opportunity. Its addressable market opportunity is in the range of $16-19 billion by 2012, with significant business growth coming in from sectors like BFSI (banking, financial services and insurance), telecom, media, retail and government.
If Bollywood's three forthcoming films starring Aamir Khan, Salman Khan and Shah Rukh Khan in Ghajini, Yuvvraaj, and Rab Ne Bana Di Jodi, respectively, become commercially hit then 2008 may prove to be a good year for the Hindi film industry, especially at the time of the economic slowdown.
Though the market has gained 30 per cent in one month, don't get carried away and bet your shirt on further short-term gains.
Consumer spending, which accounts for nearly two-third of the economy, grew modestly earlier in the year but fell in July and August on an annualised rate. Recent figures from companies, and interviews across the country, show that automobile sales are plummeting, airline traffic dropping, restaurant chains struggling to fill tables, customers are sparse in stores, the paper said.
"The fact that there may be a slowdown in the US means people will become much more concerned over better value for money. . . we could look at it as an opportunity," Infosys chief mentor N R Narayana Murthy said.
Wage hikes in both information technology and BPO sector is not likely to see any moderation from next year but would continue to grow at the current rate of 12-15 per cent annually, a senior Infosys Technologies official said.
Adopting a "cautiously optimistic" outlook on the economy, leading economists on Saturday pitched for big-bang reforms and improvement in infrastructure to push up GDP growth to 8-10 per cent in the Eleventh Plan period. \n
If investment continues to be buoyant and efficiency improves, the problems of overheating may turn out to be less real and more imaginary, the mid-year review of the Indian economy said on Tuesday.
The healthcare arm of Economic Technologies, Fulana Healthcentres has announced that the company would set up 5300 high-tech, globally interconnected network of health centres in 150 countries, including India, which would be accessible with a single
The core sector growth for October 2007 declined to 4.5 per cent from 9.9 per cent in the same month last year on account of a slowdown in five of the six sectors that form the core-infrastructure industries index.
Notwithstanding the high growth rate China is witnessing, the Communist nation is likely to set a gross domestic product target of less than eight per cent in 2005 to enable a soft landing.
The Sensex resumed six points lower over its previous close at 6,272.
The Confederation of Indian Industry will launch a Web site on India-China economic cooperation next week, coinciding with Prime Minister Atal Bihari Vajpayee's visit to that country.
The Powerwall 'will be great for India where there is a scarcity of electricity. The sun is there pretty much all day and there is no real good way to store its energy,' Tesla CIO Jay Vijayan tells Ritu Jha/Rediff.com.
Anil Kumble on Thursday became the third bowler in Test history to complete 600 wickets when he had Andrew Symonds caught by Rahul Dravid.
Unlike most industrialised and developing economies, the Indian economy does not have a large industrial base to boast of.
The government on Tuesday announced the reduction in duty drawback rates for 403 items from April 7, but kept the rates same for 401 other items.
Management expert C K Prahalad on Wednesday said India is capable of registering a 10 per cent growth over the next 10 years.
The problem, says Chandrasekaran, arises from the lack of access to services, including healthcare, education and financial services.
Sahara Force India made a promising start to the 2017 Formula One season with a double points finish through Sergio Perez and Esteban Ocon at the Australian Grand Prix in Melbourne, on Sunday.
Last year, SoftBank, which has invested in e-commerce firm Snapdeal and Taxi aggregartor Ola) had announced to invest nearly $10 billion (around Rs 60,000 crore) in India over the next few years.
Aruneel Sadadekar/Rediff.com picks his IPL Dream Team of Season 9. Check it out!
External Affairs Minister Sushma Swaraj and her American counterpart Mike Pompeo have agreed to reschedule the postponed '2+2 dialogue'.
To the extent that monetary variables affect investment, the weather, thus, looks far less clement.
Sri Lanka, who won the last edition of the World T20 in 2014, have 21 wins from 31 matches in the six editions of the tournament, while India have 17 victories from 28 games. Check out the records of the previous five editions of the World T20.
'Freebies are yet be proven a 'pucca' vote-catcher. But don't say that to KCR because he takes pride in two things: His record of delivery and imagination,' says Shekhar Gupta.
The new Honda Accord Hybrid combines two worlds to offer a fitting blend of power and fuel efficiency.
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