The Hindu Business Line : Friday, November 28, 2008

Mumbai terror: Day 2
Commando operations on at Taj, Trident. Mumbai, Nov. 27 Full 24 hours after the first shots were fired in Wednesday’s terror attacks, the battle between security forces and the terrorists continued to rage in Mumbai late Thursday at three ...

Investor sentiment may take a knock
Mumbai, Nov. 27 Wednesday’s terrorist attack that rocked the financial capital of the country could further dampen investor sentiment already shattered by the credit crisis, say analysts ...

The face of fear: ... We don’t have crisis infrastructure: Tata
Mumbai, Nov 27 “We still don’t have a crisis infrastructure in place in the city. If we don’t have we will be subjected to a great deal of lack of protection,” Mr Ratan Tata, Chairman of Tata Group, told reporters ...

India Inc sees short-term setbacks
Mumbai, Nov. 27 The timing could not have been worse. India Inc is already coping with the fallout of the global slowdown in terms of plant shutdowns and layoffs. The terror attack in Mumbai was the proverbial last straw on the ...

With agony writ large, they await word on colleagues trapped inside
HOTELS’ STAFF TRYST WITH TERROR. Mumbai, Nov. 27 Pigeons fluttered off the imposing Taj Mahal hotel, every time the sound of repeated gun-shots or blasts broke the stillness over one of Mumbai skyline’s most recognisable buildings ...

Financial markets closed; banks operate with skeleton staff
RBI carries out transactions under LAF to help maintain liquidity. Mumbai, Nov. 27 The financial capital of the country had a virtual holiday on Thursday, following the terror attacks in Mumbai. The equity, currency, bond and money markets were ...

Terror attacks may affect rupee in short term
Mumbai, Nov. 27 The terror attacks on Mumbai may have an indirect impact on the value of rupee, albeit in the short term. According to analysts, the rupee could open a tad lower on ...

Inflation rate drops to 8.84% on cheaper fuel, metals
Wholesale Price Index of all commodities at 235.1. New Delhi, Nov. 27 The annual Wholesale Price Index-based inflation rose 8.84 per cent for the week ended November 15, marginally down from the previous week’s yearly rise of 8.90 per ...

Export tax on basmati beginning to bite
Pakistan rides on the wave, charging lower rates. New Delhi, Nov. 27 The Centre’s policy of clamping an export duty of Rs 8,000 a tonne on basmati rice shipments, over and above a minimum export price (MEP) stipulation of $1,200 a tonne, ...

Mumbai attack: No impact on outsourcing firms’ operations
Vendors say they can move their clients’ processes to other cities. Mumbai, Nov. 27 The terrorist attack on the country’s financial capital has not impacted the services rendered by outsourcing firms as work at their delivery ...

PM calls for setting up of Federal Investigation Agency
‘Use of neighbours’ territories for terror attacks will not be tolerated’. New Delhi, Nov. 27 Strongly condemning the terror strikes in Mumbai which claimed over 100 lives, the Prime Minister, Dr Manmohan Singh, today called ...

Markets resilient to past attacks
Terror attacks are not new to Mumbai, nor to London or New York. As Mumbai and India grapple with yet another assault, it will do well to recall that stock markets have responded with grit and resilience to such attacks in the past, refusing ...

Terror Engulfs Mumbai
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Nisha drenches Tamil Nadu, set to weaken
Thiruvananthapuram, Nov. 27 Tropical Cyclone Nisha crossed the Tamil Nadu coast close to north of Karaikal early on Thursday morning, an update from the Regional Met Centre, Chennai, ...

Social factors driving US fertility rates
A larger house is an incentive to raise a larger family: Paper. The US housing crisis may throw up an unexpected consequence – a decline in fertility rates in a country that boasts of the highest fertility levels in the developed world. A ...