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Economy

Value buying buoys markets; Sensex closes 291 points up

Mumbai, Aug 25 (IANS) Strong economic fundamentals, value buying and attractive valuations boosted investor confidence in the Indian equity market – leading a barometer index to provisionally close with gains of 291 points on Tuesday. The investor confidence seemed to be returning a day after the mayhem in global financial markets and a crash in China

Manufacturing uptick lifts India’s factory output faster

New Delhi, June 12 (IANS) Surprising industry expectations, an uptick in manufacturing pushed up India’s factory output to 4.1 percent in April, against 2.1 percent in the ...Full Article

Average homes price sold in April was $448,862, up 9.5 per cent on a year-over-year basis

National home sales rose 2.3% from March to April. Actual (not seasonally adjusted) activity stood 10% above April 2014 levels. The number of newly listed homes ...Full Article

India’s February industrial output up 5 percent

New Delhi, April 10 (IANS) Industrial activity in the country, measured in terms of the Index of Industrial Production (IIP), registered a 5 percent growth during February ...Full Article

Gujarat expects over 3 crore tourists this year

Kolkata, April 4 (IANS) Gujarat is expecting a tourist footfall of over three crore this year even as the state continues to promote its tourism sector aggressively, ...Full Article

Minister Fast in India to Boost Economic Partnership

Advancing Canada-India trade, investments and export opportunities to create jobs and growth March 21, 2015 – Delhi, India – Foreign Affairs, Trade and Development Canada Following ...Full Article

AVERAGE HOME SELLING PRICE IN GTA-$620,106 UP BY 10.6%

TORONTO-Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 3,838 sales through the TorontoMLS system during the first two weeks of March 2015. ...Full Article

India to grow at 5.5 percent this year: RBI Governor

Hyderabad, Oct 16 (IANS) India is hoping to achieve 5.5 percent, or little more, growth rate this year, said Reserve Bank of India (RBI) Governor Raghuram Rajan. ...Full Article

UNEMPLOYMENT RATE ROSE TO 7.1% IN JUNE

ONTARIO – A Statistics Canada report shows that unemployment was little changed in June and the rate rose by 0.1 percentage points to 7.1% as more people ...Full Article

TRYING TO DO THE BEST POSSIBLE FOR THE COMMUNITY : CONSUL AKHILESH MISHRA

Yudhvir Jaswal, Editor-in-Chief of Y Media informed listeners during his recent show Southasian Pulse that The Consul General of India in Toronto, Akhilesh Mishra recently held a meeting ...Full Article