Bussines News

New Delhi, Nov 22 (IANS) India's manufacturing sector witnessed an increased rate of recovery in the second quarter this fiscal, primarily helped by government stimulus even as exports continued to decline, says a survey conducted by an industrial lobby.

Dubai, Nov 22 (IANS) The third Global Dubai Tea Forum would be organised here March 9-10, WAM news agency reported.

Washington, Nov 22 (IANS) 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.

Lucknow, Nov 22 (IANS) Reaching out to sugarcane farmers in the state, Uttar Pradesh Chief Minister Mayawati has decided to continue the ban on import of raw sugar till the sugarcane crushing in mills in the state is over, an official said Sunday.

Kolkata, Nov 22 (IANS) The Communist Party of India-Marxist (CPI-M) Sunday said the central government's decision to import rice lacked transparency.

Kathmandu, Nov 22 (IANS) After setting the capital abuzz for months, fast food giants Kentucky Fried Chicken (KFC) and Pizza Hut Sunday finally descended on Kathmandu with a soft launch in one of the most upmarket shopping and touristy areas of the city.

New Delhi, Nov 22 (IANS) The Indian Navy has floated a Request for Information (RFI) for a newer generation of aircraft which can operate from the two indigenous aircraft carriers it will commission over the next 10 years.

Hyderabad, Nov 22 (IANS) Andhra Pradesh Chief Minister K. Rosaiah Sunday rejected the opposition Telugu Desam Party's (TDP) demand for his resignation over alleged irregularities by Karnataka minister G. Janardhan Reddy's mining firm. He, however, said his government would abide by the Supreme Court verdict on the issue.

Shimla, Nov 22 (IANS) Himachal Pradesh will offer a discount of 30 percent on hotel room tariff from next month to physically challenged people who opt to stay at any of its 57 economy and high-end establishments.

Toronto, Nov 22 (IANS) Dying Canadian telecom giant Nortel has put up its optical networking and carrier ethernet business for auction.

New Delhi, Nov 22 (IANS) Afghani businessmen have not only brought their sought-after hand woven carpets and lapis lazuli stones to showcase at the India International Trade Fair (IITF) here, but also various types of nuts and pomegranates.

Washington, Nov 22(IANS) India's apex industry chamber, the Federation of Indian Chambers of Commerce and Industry (FICCI)), is set to sign three MoUs for cooperation with three leading US institutions.

Mexico City, Nov 22 (EFE) Mexico's gross domestic product fell by 6.2 percent in the third quarter relative to the same period of 2008, beating analysts' expectations, authorities said.

Hong Kong, Nov 22 (DPA) A restaurant chain where food is served up in mini toilets has proved a surprise hit in Hong Kong, a news report said Sunday.

Bhubaneswar, Nov 21 (IANS) Orissa's vigilance department has filed five criminal cases against firms and people allegedly involved in illegal mining in the state, an official said Saturday.

Geneva, Nov 21 (IANS) Prime Minister Manmohan Singh Saturday arrived here on his way to Washington as the first state guest of US President Barack Obama.

Abu Dhabi, Nov 21 (IANS) Thuraya Telecommunications, the United Arab Emirates based satellite operator has expanded its distribution chain in Europe, WAM news agency reported Saturday.

Bangalore, Nov 21 (IANS) Obulapuram Mining Company (OMC), owned by rebel Karnataka Tourism Minister G. Janaradhan Reddy, Saturday said it was not given an opportunity to present its version by the Supreme Court's Central Empowered Committee (CEC), which recommended the controversial firm be asked stop illegal mining in Andhra Pradesh.

New Delhi, Nov 21 (IANS) Delhi Metro's Dwarka to Noida line went haywire Saturday morning till noon. Hundreds of passengers where stuck when power supply failed. Consequently after long delays many commuters waiting on platforms took a refund on their tickets and opted for other means of transport.