Pakistan-India Business Council is planning to hold conferences in Islamabad and Delhi on trade through different chambers of commerces in a bid to improve relations between the two countries.
Noor Muhammad Kasuri, Chairman of the bus…
Indian stocks trading on American bourses added USD six billion to their cumulative market capitalisation last week, with IT icon Wipro and private sector lender HDFC Bank accounting half of the total gains.
For the week ended May 1…
India's top auditor Comptroller and Auditor General has said that audit of the D-6 oil block
in the Krishna-Godavari basin operated by Reliance Industries is likely to take 4-5 months more to be finished.
"We require 4-5 months to …
The new GH¢2 banknote came into circulation on Friday after Governor of the Central Bank, Mr Kwesi Bekoe Amissah-Arthur, cashed the first cheque at a short ceremony in Accra.
The GH¢2 denomination has been introduced in response to t…
Gold prices declined by Rs 30 to Rs 18,340 per ten grams Saturday as retail customers postponed
their buying till Sunday's auspicious 'Akshiya Tritiya'festival, even as prices remained perched at record levels in international markets ove…
The new GH¢2 banknote came into circulation on Friday after Governor of the Central Bank, Mr Kwesi Bekoe Amissah-Arthur, cashed the first cheque at a short ceremony in Accra.
The GH¢2 denomination has been introduced in response to t…
Gold prices declined by Rs 30 to Rs 18,340 per ten grams Saturday as retail customers postponed
their buying till Sunday's auspicious 'Akshiya Tritiya'festival, even as prices remained perched at record levels in international markets ove…
In a bid to help bring down the price of the textile raw material, Bangladesh has removed a ban on import of Indian yarn.
The National Board of Revenue issued a notification late yesterday withdrawing the ban on import of Indian yarn …
India aims to export USD one billion worth of organic products in the next five years as there is greater demand for non-food products such as organic cotton.
"Five years from now, we should aim at achieving USD 1 billion in organic…
State-owned oil retailers Saturday raised the price of jet fuel, or ATF, marginally by Rs 104 per kilolitre, making it the sixth straight increase
since March.
Aviation Turbine Fuel (ATF) rates in Delhi have been hiked by Rs 104, o…
The US administration has named India's oil and gas flagship ONGC and Indian Oil Corp (IOC)among the 41 firms worldwide having energy ties with Iran, an act for which it may impose sanctions on them.
The United States Government Acc…
The Darul Uloom Deoband may view it as unlawful for Muslims to work in banks or opt for insurance policies, but Minority Affairs Minister Salman
Khurshid Saturday saw nothing wrong in it.
"I am Minority Affairs Minister as well as a …
Twenty-four women sponsored by management of the Metro Mass Transit Limited (MMT) have successfully undergone three months training in professional bus driving at a Female Driving Institute in la Cote d' Ivoire.
With effect from June…
A-four-day training workshop aimed at boosting revenue mobilization drive by the Ellembelle District Assembly, is underway at Nkroful in the Western Region.
Opening the workshop, the District Chief Executive (DCE), Mr Daniel K. Eshun,…
The Deputy Minister of Roads and Highways, Dr. Nii Oakley Quaye-Kumah, has observed that Government alone can not maintain the road network of about 67,000 kilometres in the country.
The burden of road maintenance should be seen to b…
Global consumer goods firm Sara Lee Corp is selling its 51 per cent stake in joint venture with Indian company Godrej to Godrej Consumer Products Ltd for 185 million euros (about 234 million dollars), as the US-based company focuses on gro…
Looking to tap the country's huge growth potential, LG Electronics is planning to introduce new products and also make India a "pilot market" for its home appliances business.
"India is a big and important market for us. We are plan…
The GSE All-Share Index edged up 20.97 points to
7,085.78 points as the bourse continued its steady rise.
This brings the gain so far this year to 27.16 per cent.
Traded volumes closed the session at 1.42 million shares value…
Twenty-four women sponsored by management of the Metro Mass Transit Limited (MMT) have successfully undergone three months training in professional bus driving at a Female Driving Institute in la Cote d' Ivoire.
With effect from June…
A-four-day training workshop aimed at boosting revenue mobilization drive by the Ellembelle District Assembly, is underway at Nkroful in the Western Region.
Opening the workshop, the District Chief Executive (DCE), Mr Daniel K. Eshun,…
The Deputy Minister of Roads and Highways, Dr. Nii Oakley Quaye-Kumah, has observed that Government alone can not maintain the road network of about 67,000 kilometres in the country.
The burden of road maintenance should be seen to b…
Global consumer goods firm Sara Lee Corp is selling its 51 per cent stake in joint venture with Indian company Godrej to Godrej Consumer Products Ltd for 185 million euros (about 234 million dollars), as the US-based company focuses on gro…
Looking to tap the country's huge growth potential, LG Electronics is planning to introduce new products and also make India a "pilot market" for its home appliances business.
"India is a big and important market for us. We are plan…
The GSE All-Share Index edged up 20.97 points to
7,085.78 points as the bourse continued its steady rise.
This brings the gain so far this year to 27.16 per cent.
Traded volumes closed the session at 1.42 million shares value…
India is willing to help Nigeria develop its textile industry in the areas of manpower capacity
needs and technology transfer.
The visiting Indian business delegation has expressed its readiness to help Nigeria develop its comatose…
Government is implementing measures to ensure that Ghanaians fully benefit from the investment potentials of the country while it woos foreign investors to augment the efforts of the local people, Mr. Paul Evans Aidoo, Western Regional Min…
To cater to the rising demand for its consumer products, South Korean conglomerate LG Electronics
will invest Rs 350-400 crore in its Indian manufacturing plants this year.
Currently, LG Electronics has manufacturing plants in Pune…
Vice President John Dramani Mahama, on Wednesday gave assurance to Carghil Ghana Limited, a Cocoa Processing Company, that government would do everything possible to facilitate its activities.
"We are all aware of your challenges in el…
The Ministry of Trade has formed a taskforce to prevent foreigners from taking over businesses exclusivity meant for indigenous Ghanaians, Sector Minister Ms. Hannah Tetteh, has announced She expressed dissatisfaction about absolute violat…
Workers of the Ghana National Petroleum Corporation (GNPC), on Wednesday pledged their commitment to ensure that Ghanaians derived the maximum benefit from the operations of the Corporation.
They pointed out that as a national corp…
The annual inflation rate fell to 11.66 per cent in April from 13.32 per cent in March, the tenth consecutive monthly fall, the Ghana Statistical Service said on Wednesday.
"Inflation is the lowest since December 2007", Mr. Ebo Dunca…
India's security norms for the import of critical telecom and power equipment are not targeted against China, Commerce and Industry Minister of India Anand Sharma said on Monday.
"I do not think it is China-specific...," Sharma said…
Emboldened by India overcoming the global financial crisis faster than many others, Finance Secretary of India Ashok Chawla on Monday allayed fears of Greece debt crisis impacting the Indian economy.
"I think we are immune. We were …
After recovering from the impact of global financial crisis, Indian economy is poised for more expansion, according to a parameter of the Organisation for Economic Cooperation and Development (OECD).
The OECD Composite Leading Indic…
Talks for preferential trade agreement between India and the Southern African Customs Union (SACU) would be intensified, South Africa's Trade and Industry minister Rob Davies has said.
"During the course of this year, we will intens…
An unidentified suitcase, with a fake currency making machine in it, which was mistaken as a bomb container triggered panic at the Mahatma Gandhi central bus stand in the south Indian city Hyberabad.
The suitcase, assumed to be aban…
The Ajumako-Enyan-Essiam District Assembly has imposed one per cent levy on all contracts awarded by the Assembly with immediate effect, as part of efforts to improve its internally generated revenue.
The Assembly took the decision at…
The following are the average inter-bank exchange
rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Wednesday, May 12, 2010.
GHANA CEDI EQUIVALENT …
The Two Ghana Cedis (GH¢2.00) bank note would be
issued into circulation on Friday, May 14, after a launching ceremony by the Governor, Mr Kwesi Bekoe Amissah-Arthur at the banking hall of the Bank of
Ghana in Accra.
A release si…
Ghana is on course to achieving her stated objective of single digit inflation this year as inflation drops to a record 11.66 per cent in April, 2010.
Government's sound macroeconomic policy characterised by fiscal and monetary prude…
Ghana Inter-bank Payment and Settlement Systems
(GhIPSS), has begun a programme to install e-zwich Automated Teller Machines (ATMs) in all the regional capitals and major trading towns.
Mr. Archie Hesse General Manager in-charge of…
Mr Richard Anamoo, Director of Tema Port, on
Wednesday said the engagement of numerous private stevedore companies by the Ghana Ports and Harbours Authority (GPHA) could choke the ports.
Mr Anamoo said this at a press conference in…
Mr Victor Nyianyi Kablan, Jomoro District Chief
Executive, has asked investors to take advantage of the oil discovery and rich ecology to invest in the area.
Speaking to the Ghana News Agency in an interview in Accra, Mr Kablan sai…
To cater to the rising demand for its consumer products, South Korean conglomerate LG Electronics
will invest Rs 350-400 crore in its Indian manufacturing plants this year.
Currently, LG Electronics has manufacturing plants in Pune…
Vice President John Dramani Mahama, on Wednesday gave assurance to Carghil Ghana Limited, a Cocoa Processing Company, that government would do everything possible to facilitate its activities.
"We are all aware of your challenges in el…
The Ministry of Trade has formed a taskforce to prevent foreigners from taking over businesses exclusivity meant for indigenous Ghanaians, Sector Minister Ms. Hannah Tetteh, has announced She expressed dissatisfaction about absolute violat…
Workers of the Ghana National Petroleum Corporation (GNPC), on Wednesday pledged their commitment to ensure that Ghanaians derived the maximum benefit from the operations of the Corporation.
They pointed out that as a national corp…
The annual inflation rate fell to 11.66 per cent in April from 13.32 per cent in March, the tenth consecutive monthly fall, the Ghana Statistical Service said on Wednesday.
"Inflation is the lowest since December 2007", Mr. Ebo Dunca…
India's security norms for the import of critical telecom and power equipment are not targeted against China, Commerce and Industry Minister of India Anand Sharma said on Monday.
"I do not think it is China-specific...," Sharma said…
Emboldened by India overcoming the global financial crisis faster than many others, Finance Secretary of India Ashok Chawla on Monday allayed fears of Greece debt crisis impacting the Indian economy.
"I think we are immune. We were …