The Hindu Business Line : Sunday, June 29, 2008

TOP OF THE MIND
Taming inflation
The RBI’s decision to hike the cash reserve ratio (CRR) and the repo rate by 50 basis points has dominated the headlines this week. Some say the hikes were necessary, at a time when inflation is touching a 13-year high. Controlling ... More

Inflation, the latest worry
More

DEBT OUTLOOK
Focus on short-term funds
Reserve Bank of India (RBI) stepped up its efforts to tame inflation by increasing both repo rate and Cash Reserve Ratio (CRR) by 50 bps each. The latest move is a reflection of the reversal in interest rate expectations in 2008. A sharp rise ... More

9% growth over medium term possible, says Montek
Hyderabad, June 28 The country would be able to maintain nine per cent growth rate in the medium term despite the recent increase in oil prices internationally, Mr Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, has ... More

Weekly News Round-up
The Wholesale Price Index-based inflation shot up further to 11.42 per cent during the week ended June 14, up from the previous week's 11.05 per cent. The increase was driven by an across-the-board increase in price levels of manufactured ... More

FERTILISERS
Dedicated fertiliser dept in States under consideration
Officials likely to be assigned to monitor quality, movement More

PETROLEUM
FOLLOW THE MONEY
Asia may falter until oil peaks
Crude oil futures closed at $140.21 a barrel on Friday, throwing global stock markets, including Asia into a fit. Investors have been fleeing Asian markets at a hurried clip this month. According to fund flow tracker EPFR Global, Asia ... More

STEEL
Steel output growth slows, falls below Asian average
New Delhi, June 28 India has recorded the lowest growth rate in steel production among the five Asian countries for the first five months of 2008.Indian steel production grew by 4.1 per cent during January-May against an Asian average ... More

EDUCATION
Students can seek jobs in UK under points based system
New Delhi, June 28 International graduates who have studied in the UK will be free to seek employment for up to two years under Tier-1 of the points based system (PBS). This is twice the length of stay permitted under the old ... More

HCV/LCV/TRACTORS
Tractor cos gear up to launch alternative fuel-based variants
See demand from rural areas despite bottlenecks in fuel infrastructure More

REAL ESTATE & CONSTRUCTION
GROUND REALITIES
Private equity optimistic

Consumers in the real-estate sector may complain about increasing interest rates and property prices going out of reach. And developers may complain about increasing costs, tightening fund flow and a slowdown in the market. But ... More

TOURISM
Now, book a `condotel'
With an overall slowdown in real-estate looming large, developers and promoters are looking to new formats to improve sales. One such is vacation home sales with a rent-back agreement. This format ensures buyers that their investments not ... More