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Foreigners spur real estate deals in Spain

Foreigners living in Spain made 9,502 housing transactions during the second quarter of this year, a growth of 12 percent with respect to the same period in 2011.

Obama, Manmohan to work together to boost global economy

US President Barack Obama and Indian Prime Minister Manmohan Singh have agreed to work together for strengthening the "resilience of the global economy" to deal with the Eurozone shocks and boost global growth.

Sensex rises 159 points; auto, banking stocks surge

A benchmark index of Indian equities markets was trading 0.96 percent higher in the afternoon session Friday led by good buying support in automobile, banking and oil and gas stocks.

Russia's policies frighten foreign investors: Ernst & Young

Foreign investors see prospects in the Russian market but are frightened away by the country's non-transparent policies, according to a poll by British auditing firm Ernst & Young.

Inflation can't be curbed without sacrificing growth: RBI governor

Reserve Bank of India (RBI) governor D. Subbarao Thursday said inflation can't be controlled without sacrificing some growth.

Australian mining firm picks Wipro for IT solution

Australian mining firm MMG has selected Indian IT bellwether Wipro Technologies for providing a key IT solution as its key strategic partner, the global software services major said Thursday.

Goa steps up effort to develop 170 villages

Goa has stepped up efforts to develop its 170 villages down to the remotest hamlet over the next few years to bring them at par with urban hubs of the state, an official said Monday.

RBI cuts CRR by 0.25 percent

The Reserve Bank of India (RBI) Monday cut cash reserve ratio (CRR), the proportion of money banks are required to keep with the central bank, by 0.25 percent, in a bid to boost liquidity in the system.

Tata Motors' May sales up 12 percent

Automobile major Tata Motors Friday reported an increase of 12 percent in its global sales, including that of Jaguar Land Rover brands, in May at 96,089 units.

Windmill makers in Tamil Nadu accused of opaque pricing

The Tamil Nadu Spinning Mills Association (TASMA) has decided to approach the Competition Commission of India if windmill makers failed to provide the capital expenditure break-up of a project to the Tamil Nadu Energy Regulatory Commission (TNERC).

Obama, Manmohan to work together to strengthen global economy

Indian Prime Minister Manmohan Singh and US President Barack Obama have agreed to work together to strengthen the global economy to deal with shocks from the Eurozone and boost global growth, the White House said.

Shristi plans integrated logistic hub in Bengal

Bengal Shristi Infrastructure Development Ltd. Thursday said it is planning to set up an integrated logistics hub and warehouse facility in West Bengal's Burdwan district, with a total investment of Rs.80 crore to Rs.90 crore.

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