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Friday, June 01, 2012

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India received USD 56 billion in remittances

The top remitting countries in 2009 were United States (USD 48.3 billion), Saudi Arabia (USD 26 bill...

Facebook valued at USD 50 bn

The valuation puts the value of Facebook at higher than fellow Internet companies eBay and Yahoo!

Lightning storm hits Singapore Open, Rd 1 suspended midway

Jyoti Randhawa was among the seven Indian golfers who managed to complete their rounds, carding a tw...

Atwal relishing return to Singapore

Still basking in the glory of a career-reviving victory on the US PGA Tour, Indian golfer Arjun Atwa...

Poonia ready to face Dani anywhere in the world: Virender

CWG gold medalist Krishna Poonia is ready to face world champion Dani Samuels for the USD 20,000 win...

Mars Inc, IBM and USDA map genome for cocoa plant

Candy maker Mars Inc., computer company IBM Corp. and the US Department of Agriculture have mapped t...

Soros to give USD 100 million grant to Human Rights Watch

Billionaire George Soros has announced a USD 100 million grant to Human Rights Watch in a bid to t...

Man nabbed with fake USD 1 million bills in Abu Dhabi

Can you break a USD 1 million? Not a chance. But the story is rich in audacity.

Haiti commission earmarks $1.6 bln for recovery

A special recovery commission announced more than $1.6 billion in projects to rebuild earthquake-rav...

Racial firestorm surrounds USDA employee`s ouster

The Obama administration faced a blast of criticism on Wednesday over its ouster of a black Agricult...

Abductors of British journalist demand USD 10 million ransom

The abductors of a British journalist of Pakistani-origin have released a new video in which he is...

Times Square plot may have cost as little as USD 7,000

Terror can come cheap. Confessed Times Square bomber Faisal Shahzad appears to have financed ...

Gorshkov price finalised on Putin visit`s eve

After a 3-yr long renegotiation, fresh price of Admiral Gorshkov has been finalised at $2.35 bn.

India, Russia to ink defence deals worth USD 4 billion

India and Russia will sign defence deals worth USD 4 billion for purchase of 29 more carrier based...

Seven plead not guilty in USD 52 million Galleon case

Seven traders and lawyers have pleaded not guilty to the USD 52 million insider trading scam, one ...

B’desh vows not to allow anti-India terror, gets USD 1 bn

Bangladesh on Monday promised not to allow its territory to be used for terror against India as the...

Rupee hits over 15-month high; shares gain boosts

The rupee rose to its strongest level in more than 15 months on Monday following broad weakness in t...

India, Russia setting up USD 600 million aircraft JV

India and Russia are to invest USD 600 million to set up a joint venture (JV) to produce a medium ...

Forex reserves up at USD 286.723 billion

India`s foreign exchange reserves rose by USD 1.379bn for the week ended Nov 27, to USD 286.723bn co...

Toll Bros. loses USD 111mn in Q4, but sees hope

Toll Brothers Inc. lost USD 111.4 million in the fiscal fourth quarter, but the luxury homebuilder i...

Textile Minister eyes USD 25bn exports by 2012

Textiles Minister Dayanidhi Maran has asked domestic apparel industry to target exporting USD 25bn w...

WB will give USD 1bn for `clean Ganga` project

In a boost to its "Mission Clean Ganga", India will get USD 1bn for the project from the World Bank,...

GAIL buys LNG cargo for USD 6.65 per mmBtu

GAIL India has bought an LNG cargo for USD 6.65 per mmBtu, about USD 2mn more than the rate at which...

Govt to take up USD 2.97 bn loan with World Bank chief

Govt says a proposal for USD 2.97bn loan from World Bank has been formulated and the same will be ta...

Crude oil prices slide below USD 76

Oil prices sank below USD 76 a barrel Friday in Asia as investors curtailed their risky bets on comm...

Somali pirates release ship for USD 3.7mn ransom

Somali pirates have said they had released a Greek cargo vessel and its Ukrainian crew after a payme...

Israel signs USD 350mn drone deal with Brazil

Israel has signed a USD 350 million deal to supply dozens of unmanned surveillance aircraft to Braz...

Pak to buy Chinese J-10 fighters worth over USD 1.4bn

In a major move to boost its air warfare capability, Pak is to purchase 36 J-10 fighter aircraft fro...

Mahindra-Satyam bags USD 79mn order in Q2

Mahindra Satyam has said it has secured contracts worth AED 30mn (over USD 79mn) in Q2 in the Mideas...

India, Russia aim to boost bilateral trade to USD 20bn in 2015

India, Russia are mulling new hi-tech projects, including in the fields of nuclear energy and nano-t...

RBI Reference rate for US dollar and Euro

The Reserve Bank of India on Tuesday fixed the Reference rate for the US currency at Rs 46.04 per do...

Oil jumps to fresh 1-year high near USD 76 a barrel

Oil prices reached a fresh one-year high near USD 76 a barrel today in Asia on a weaker US dollar an...

US health bill would cost 829bn dollars

Democrats are breathing a sigh of relief after a positive cost report on health care overhaul gave t...

Indian textile indus likely to grow to USD 115bn by 2012

The Indian textile industry is estimated to grow over two-fold to USD 115-billion by 2012, a senior ...

Boeing to record USD 1bn charge due to 747-8 costs

Boeing said today it expects to record a charge of USD 1bn in Q3 due to higher costs in its 747-8 pr...

Brazil to buy USD 10bn in IMF bonds

Brazil pledged Monday to buy 10 billion dollars` (6.8 billion euros`) worth of International Monetar...

Oil lingers below USD 70 as traders eye earnings

Oil prices lingered below USD 70 as investors looked to third quarter company earnings reports this ...

FDI inflow in India crosses USD 100bn mark

India has crossed the $100 bn milestone in FDI through equity since 2000 up to July this year testif...

UNHCR sanctions USD 5mn for de-mining in N Lanka

Lanka has been pledged USD 5mn by UNHCR to speed up de-mining operations in the North to pave the wa...

Many support USD 100bn a year on climate change

Many world leaders have expressed support for a proposal that would earmark USD 100bn a year for nex...

Forex reserves fall to USD 280.770 bn

India`s foreign exchange reserves fell to USD 280.770 billion for the week ended September 18 from U...

Twitter close to USD 100mn funding: Report

Twitter is close to securing as much as USD 100mn of new capital from MF giant T. Rowe Price, privat...

US large-loan bank losses triple to USD 53bn

US regulators say that the level of losses from syndicated loans facing banks and other financial in...

Oil rebounds above USD 66 after tumbling 4.5%

Oil rebounded above USD 66 a barrel on Friday, after a drop of over 4% to its lowest in 8 wks as wea...

ICICI Pru`s AuM cross USD 10 billion

The country`s largest private insurance company, ICICI Prudential Life, said today its assets under ...

Yahoo to spend USD 100 million to promote brand

Yahoo Inc said Tuesday it will spend USD 100 million to promote its brand globally.

World Bank unveils USD 4.3 billion in loans to India

The World Bank on Tuesday announced USD 4.3 billion in loans to India, including USD 2 billion for t...

US tops USD 1bn in stimulus for clean energy projects

The US govt has spent over USD 1bn on private sector renewable energy projects from the massive econ...

Kingfisher Airlines plans to raise up to USD 175mn by Mar 2010

Private carrier Kingfisher Airlines plans to raise up to 175 million dollars (about Rs 840cr) before...

Australia to provide USD 3 million to Lanka

Australia has offered USD 3 million to Sri Lanka towards the resettlement of displaced civilians the...

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Blogs

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US-Pak: An affair gone wrong
Pak and US certainly can’t live without each other either.

KKR celebrations mock Bengali pride
The WB govt’s KKR celebration was ‘overboard’.

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French Open 2012

World No Tobacco Day

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