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Saturday, November 13, 2004

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Sensex begins `new year' by touching 6,000 level
THE stock markets welcomed Samvat 2061 on a note of determination, with the Sensex touching 6,000 at the opening of Moorat trading on the BSE on Friday. However, the index could not be sustained at this level, and the 90-minute truncated trading ... More

India emerging as leather hub as export orders swell
INDIA, along with China, is emerging as the leather production and tanning hub for the $85-billion (around Rs 3,83,690 crore) world leather industry. With over 10 per cent of the raw material base of hides and skins, India is clearly becoming a ... More

India, Nepal may have new rail links
INDIA and Nepal may soon have new, direct railway links, which would connect Raxaul, in Bihar, with Nepal's capital Kathmandu and Lumbini in Nepal with Nautanwa in Uttar Pradesh. As of now, there is one railway track between the two countries, ... More

Sundaram-Clayton forms subsidiary to tap export market
SUNDARAM-Clayton Ltd is forming a subsidiary company that will tap the export potential for automobile components and also get the benefits of export incentives. It has informed the BSE that its board of directors has approved a proposal to ... More

Higher milk yields: Gujarat villagers show the way
A COW lounging on a waterbed produces 28 per cent more milk than its brethren that stand on hard ground all day long. While waterbeds are still beyond the reach of most Indians, leave alone cattle, farmers in Gujarat have found innovative ways ... More

NPAs rising in retail loan segment
ACCRETION of non-performing assets (NPAs) is beginning to take place in the retail loan portfolios of banks, despite tight due diligence. High level banking sources said that most of the NPA build-up was in the sub-Rs 10 lakh bracket. This ... More

Inflation down at 7.06 pc
THE annual wholesale price index-based inflation rate dipped to 7.06 per cent for the week ended October 30, from the previous week's level of 7.38 per cent. It was 5.55 per cent in the year-ago period. During the latest reported week, the ... More

Ad industry makes gains despite Diwali slump
The year has been mixed with several of the traditional advertisers reducing spends, and some new categories increasing their share. More




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