Business News Headlines

Commerce Minister Anand Sharma will meet Finance Minister Pranab Mukherjee later this week to take a decision on stimulus packages for the exporters for the next fiscal, Commerce Secretary Rahul Khullar said Tuesday.

Over 150 delegates from 26 member countries of the Colombo Plan will meet here Wednesday and Thursday to boost economic ties in South and South-East Asian region.

Swiss watchmaker Swatch reported Tuesday a 763 million franc ($713 million) profit in 2009 - an 8.9 percent decline on the previous year's net income but better than analysts had expected.

Private carrier Jet Airways Tuesday said it has registered a 30 percent surge in international operations for the fourth month in December last year as against the corresponding period in 2008.

A benchmark index of Indian equities Tuesday continued to trade marginally higher with investor sentiments still in favour of selling.

A benchmark index of Indian equities Tuesday shut shop 106 points higher and above the psychologically important 16,000-mark, pushed up primarily by IT and healthcare stocks.

A benchmark index of Indian equities Tuesday shut shop 94 points higher than its last close to close above the 16,000-mark.

A benchmark index of Indian equities shot up Tuesday afternoon to rule 154 points higher than its last close, after trading sluggishly during the morning session.

Car sales grew at 32 percent in January over the like period last year with financiers providing cheap loans to attract customers, says a Society of Indian Automobile Manufacturers (SIAM) report Tuesday.

Online payments' service Paypal has halted personal payments to India following new government regulations that were designed to crack down on money laundering.