Business News Headlines

The government Saturday launched a micro insurance drive in Tamil Nadu aimed at expanding the Rural Postal Life Insurance (PLI) network.

Food prices will decline after the rabi crop as production of wheat, rice, pulses, oil seeds and sugarcane during the winter is expected to be higher than in the drought-hit kharif season, union Agriculture Minister Sharad Pawar said Saturday.

The United Arab Emirates (UAE) and France have pledged to enhance cooperation in the trade sector, which grew by 25 percent to more than $4 billion in 2008, WAM news agency reported.

The European Union (EU) is not opposed to exports of generic medicine by Indian companies through its ports, European Commissioner for Trade Catherine Ashton said here Friday.

The government will open a Krishi Vigyan Kendra (KVK), a centre for agricultural training, in each of the newly created districts across the country, Agriculture Minister Sharad Pawar said here Friday.

British Prime Minister Gordon Brown Saturday resurrected the idea of the international community imposing a global tax on banks as a repayment for the billions of pounds of taxpayers' money they have received from governments.

Rashtriya Lok Dal (RLD) chief Ajit Singh, who is spearheading a campaign against the central government's sugarcane pricing policy, said Saturday that the Communist Party of India-Marxist (CPI-M) and Samajwadi Party had offered their support to the farmers' cause.

Telecom service provider Bharti Airtel Friday launched a centre where functions relating to human resource, supply chain, finance and service taxes would be undertaken under one roof.

Infosys Technologies, in association with Oracle, will offer managed services platform that will help companies streamline their human resource (HR) operations and reduce costs.

The US unemployment rate surged to 10.2 percent in October, the highest in 26 years, as another 190,000 people lost their jobs during the month, officials said Friday.