The unemployment rate in India is estimated at 9.4 percent or 94 percents out of 1000 persons in the labour force for the fixed reference period of financial year 2009-10, according to employment-unemployment survey by the Labour Bureau under the Labour and Employment Ministry.
President Barack Obama's 10-day Asian tour has been dubbed a failure by media owing to key failures in binding together the much-awaited free trade pact with South Korea and the inability to persuade a majority of the G-20 nations to support the U.S. position on current account imbalances.
Brendon McCullum's unbeaten 124 ensured New Zealand take a 115-run lead into day five of the second test against India.
India's annual rate of inflation, based on monthly wholesale price index (WPI), marginally declined to 8.58 percent for the month of October 2010 as compared to 8.62 percent for the previous month and 1.48 percent during the corresponding month of the previous year, according to a government statement on Monday.
Five hundred million of a total of 1.4 billion smartphone users will be using mobile health applications in 2015, a report said. Both healthcare providers and consumers are embracing smartphones as a means for improving healthcare.
Tata Power, India’s largest integrated private power utility company, said its consolidated profit after tax (PAT ) increased to 6.75 billion rupees as compared to 3.68 billion rupees the corresponding quarter last year.
Tata Steel, the world's seventh largest steel company, has said its consolidated net profit after tax increased 8.5 percent to 19.79 billion rupees ($440 million) for the second quarter higher than the profit of 18.25 billion rupees ($406 million) in Q1 FY’11.
The arrival of foreign tourists in India in October 2010 saw an upsurge by 9 percent against the arrivals over the same period last year. The figure is a strong indication of the tourist inflow from overseas will further increase in the coming years.
The Reserve Bank of India (RBI) has purchased 390 million rupees of bonds and sold 350 million rupees of bonds for the week ended on November 5, 2010, according to the weekly statistical supplement of the RBI on Friday.
India's foreign exchange reserves were up $2.25 billion to $300.21 billion as on November 5, 2010, from $297.96 billion in the previous week, according to the weekly statistical supplement of the Reserve Bank of India on Friday.
Dumb money is beginning to pour into gold. However, gold fever has not yet taken over the public imagination and there are still many potential buyers on the sidelines. The rally is therefore likely to continue.
A major question emerging here in Seoul on the final day of the G-20 Summit, as world leaders personally powwow on global dilemmas, is this: Can the U.S. and China play nice?
The next time you decide to light up a smoke, you may be greeted by an image of a cancer patient or even worse, a corpse, thanks to the U.S. Food and Drug Administration's (FDA) decision to put graphical warning labels on cigarette packs.
Tim McIntosh's ton and his partnerhship with Martin Guptill (85) took New Zealand to a comfortable position at the end of day one in the second test against India in Hyderabad.
Replying to a question whether his relationship with other G20 leaders suffered because of some electoral setbacks back home, he said his relationship with some of the leaders was far better now than two years ago when he first took over the office.
U.S. President Barack Obama said the G20 economies have been successful in putting the world economy back on the path of recovery, but admitted that the progress was not fast enough as expected, especially in creating more jobs.
The leaders of the G20 countries completed their summit in Seoul, South Korea with an agreement to push for “market-determined” currency exchange rates, to enhance exchange rate flexibility, and to establish a timetable to lay out “indicative guidelines” for global economies to confront trade imbalances by the first half of next year.
China's outsourcing industry growth is gradually reducing the gap with the leader India, according to a study released on Friday.
India's index of industrial production (IIP) growth slowed further 4.4 percent to 325.6 for the month of September 2010 as compared to 8.2 percent in the month of September 2009, according to a statement by the Central Statistics Office of the Ministry of Statistics and Programme Implementation.
Indian gold demand is likely to recover near to its pre-credit crunch level following the fall in demand in 2009, said World Gold Council (WGC) on Friday in a report titled India: Hear of Gold.
Report says across the globe, one in five cell phone purchases this past quarter was a smartphone.
Indian economy is likely to grow 8.5 percent in the current financial year and 9 percent in 2011-12, said Prime Minister Manmohan Singh on Friday in a speech at the plenary session of the G20 summit in Seoul.
