Tuesday, February 7, 2012

Archive for November, 2009

Mukherjee hopeful of 7 pct growth in FY10

Monday, November 30, 2009 7:40

NEW DELHI (Reuters) - The finance minister said on Monday he expects the economy to grow around 7 percent in the fiscal year ending March 2010.

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India may grow faster than f’cast this FY – Ahluwalia

Monday, November 30, 2009 6:14

NEW DELHI (Reuters) - India's economic growth forecast for the year to March 2010 may have to be revised upwards as data showed a faster expansion in September quarter, a top policy adviser said on Monday.

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Rupee rallies on stocks rebound; dlr fall

Monday, November 30, 2009 5:05

MUMBAI (Reuters) - The rupee strengthened on Monday, pulling away from three-week lows hit on concerns about the Dubai debt crisis, as stronger Asian currencies and shares shares raised expectations of fund flows into the local market. ...

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Dubai debt fears to hit UAE stocks; Asia rebounds

Monday, November 30, 2009 4:20

DUBAI/HONG KONG (Reuters) - Investors braced for a 10 percent fall in United Arab Emirate stocks on Monday as the market reopens for the first time since Dubai called for a delay in repaying billions of dollars in debt, spooking global markets. ...

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BSE Sensex set to rebound; but trade cautious

Monday, November 30, 2009 3:46

MUMBAI (Reuters) - The BSE Sensex is set to rebound on Monday as reaction to the Dubai debt crisis moderates after many companies said they had only limited exposure and Asian stocks rose on hopes fallout from any default would be limited. ...

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UAE central bank sets up emergency facility for banks

Sunday, November 29, 2009 16:41

DUBAI (Reuters) - The United Arab Emirates' central bank set up an emergency facility on Sunday to support bank liquidity in the first policy response to Dubai's debt woes that threatened to paralyze lending and derail economic recovery. ...

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UAE markets seen ‘limit down’ on Monday open

Sunday, November 29, 2009 16:36

DUBAI (Reuters) - UAE markets will face intense selling pressure when they reopen on Monday in the first post-holiday trading after Dubai shocked global markets last week by seeking a debt standstill for two flagship firms.

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Euro zone not counting on quick response to yuan call

Sunday, November 29, 2009 14:34

NANJING, China (Reuters) - The euro zone's top economic officials pressed China on Sunday to let the yuan resume its rise but said they were not counting on immediate results.

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EU business calls on WTO to speed up Doha talks

Sunday, November 29, 2009 13:25

GENEVA (Reuters) - European businesses, growing frustrated at slow progress in the World Trade Organisation's Doha round, called on Sunday for the WTO to speed up negotiations next week.

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Yuan’s dollar link hurts Europe – Barroso

Sunday, November 29, 2009 13:22

NANJING (Reuters) - The yuan's link to the dollar is problematic for some sectors in the European economy, European Commission President Jose Manuel Barroso said on Sunday, ahead of a summit with Chinese leaders.

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