Business News

New Delhi, Nov 8 (PTI) A pick up in economic activity may spur hiring, but a majority of Indian employers might grapple with skill shortage, says a survey.

New York, Nov 8 (PTI) Led by private sector lender HDFC Bank, Indian stocks trading on American bourses gained over USD 6 billion last week.

New Delhi, Nov 8 (PTI) Maize prices firmed up by one per cent during last week from the week-ago period to reach Rs 9,300 per tonne as first estimates by the government for the Kharif season confirmed fears of lower production, according to US Grains Council.

New Delhi, Nov 8 (PTI) Traders from Pakistan may take part in the rice import tender floated by Indian public sector trading firms-- MMTC, STC and PEC-- for import of a total of 30,000 tonnes of rice.

New Delhi, Nov 8 (PTI) The aviation industry in the country is expected to grow in the medium to long term but is likely to continue incurring losses in the near future, according to rating agency ICRA.

New Delhi, Nov 8 (PTI) Jindal Steel and Power Ltd (JSPL) has filed a complaint with competition watchdog CCI against the Indian Railways for entering into an "exclusive agreement" with state-run SAIL for supply of products.

Thimphu, Nov 8 (PTI) Trade between Bhutan and Bangladesh, which signed a renewed bilateral trade agreement, has grown substantially over the past few years.

Betwa Sharma New York, Nov 7 (PTI) America's FBI officials are still searching for Indian-origin Deep Shah, a former analyst at Moody's Investors Service who is believed to be in Mumbai, in connection with the USD 53 million insider trading scam, the largest ever such case in the United States.

Jaipur, Nov 7 (PTI) Following bad monsoon and a lowering water table in various parts of Rajasthan, the state government is encouraging farmers to grow mustard rather than wheat.

H S Rao London, Nov 7 (PTI) Differences over exiting economic stimuli, reforming banking system and fighting climate change are threatening to derail efforts of Finance Minister Pranab Mukherjee and his G-20 counterparts as they met today in Scotland to pursue an agenda of sustainable economic growth.

Puducherry, Nov 7 (PTI) The Centre has assured Rs 60 crore to set up a Software Technology Park on the premises of a Special Economic Zone here, Minister of for State Planning V Narayanasamy said today.

New Delhi, Nov 7 (PTI) Wheat product prices rose up to Rs 25 per 50 kg on the wholesale grains market today on increased offtake by stockists and retailer to meet the on-going marriage season demand amid firming trend in wheat.

New Delhi, Nov 7 (PTI) Copper prices strengthened by Rs 2 per kg on the non-ferrous metal market in the national capital today on increased demand by consuming industries amid firming global trend.

Mumbai, Nov 7 (PTI) Gold prices continued its record journey as the metal scaled to an all-time high of Rs 16,665 per 10 gram at the bullion market here today, sparked by aggressive buying from stockists and traders following a sharp rally in the international markets.

New Delhi, Nov 7 (PTI) Steady conditions developed on the on the wholesale steel and iron market today as prices moved in a tight range on subdued demand and settled around previous levels.

New Delhi, Nov 7 (PTI) Freight rates for the ten metric tonne load section for Ahmedabad and Mumbai fell by Rs 500 in the local truck transport markets today on restricted cargo movements against easy availability of trucks.

New Delhi, Nov 7 (PTI) Gur prices continued to rise by up to Rs 50 per quintal in the national capital today on sluggish demand against adequate stocks.

New Delhi, Nov 7 (PTI) Wholesale prices of palmolein oil rose by Rs 20 per quintal on the wholesale oils and oilseeds market today on the back of pick up in retailers demand.

Mumbai, Nov 7 (PTI) Prices of groundnut oil firmed up on the oils and oilseeds market here today due to renewed demand from retailers amidst restricted supplies from producing regions.