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INDUSTRY & ECONOMY
ECONOMY:
Recession helps cleanse the system, say some auto component cos
Chennai, Nov. 15 The slowdown in automobiles sales may be having its inevitable deleterious effect on the auto components industry, but instead of the wail of the stricken, what is heard are words ...
REAL ESTATE & CONSTRUCTION:
Still game for a US home?
Property prices in the US have fallen sharply. The mounting inventory of unsold foreclosed homes may have triggered the thought in many to consider buying a home in the US? The highest numbers of foreclosures are reported in Nevada, ...
REAL ESTATE & CONSTRUCTION:
It all boils down to price
The potential home buyers’ concern about market stability is quite apparent as sales dip as high as 85 per cent in some markets this year, say experienced developers. To drive sales marketing companies are coming up with offers that ...
ECONOMY:
Work on new WPI, IIP series slows down
Officials seek enabling Collection of Statistics Bill 2007. New Delhi, Nov. 15 The Centre’s plans of rolling out revised indices of wholesale prices (WPI) and industrial production (IIP), with 2004-05 as base year and covering a larger ...
SCIENCE & TECHNOLOGY:
ISRO targets to develop semi-cryo vehicle in 6 years
Design phase over, project proposal soon: Madhavan Nair. Bangalore, Nov. 15 A 4-lakh-km lunar leap and a day after an impacter firmly established Indian presence on the moon, ISRO is set for deeper, bigger missions. It has started work to build ...
ECONOMY:
All eyes on China’s stimulus package
Early this week, China announced an investment package of 4 trillion yuan ($586 billion) over a period of two years (up to 2010) to support its slowing ...
HCV/LCV/TRACTORS:
Commercial vehicles on the kerb
With 40 per cent production cutbacks and four-day work weeks, the commercial vehicles industry is making news in ways that go beyond traditional assessments such as ‘global slowdown’ and ‘financial turmoil’. Equally, ...
INFRASTRUCTURE:
GMR puts Hyderabad airport expansion plans on hold
‘Steps under way to combat slowdown’. Hyderabad, Nov. 15 The slowdown in the aviation sector has forced the GMR Group to ‘freeze’ its expansion plans temporarily for the Rajiv Gandhi International Airport (RGIA) and ...
SMALL SAVINGS:
Tax on post office RD for senior citizens
I am a senior citizen and am having a post office recurring deposit account to which I am paying Rs 2,000 a month. My recurring deposit is maturing shortly and I will get Rs 4,48,000 against my deposit of Rs 2,40,000. The post ...
STEEL:
‘Find ways to raise steel consumption to meet global economic challenges’
New Delhi, Nov. 15 Strategies aimed at increasing per capita steel consumption will enable India to meet the challenges of the global ...
TRAVEL & PLACES:
GreatEscapes’ holiday package
A one-stop-shop for all your travel needs from short-listing ideal locations, taking care of travel and stay arrangements and even giving useful tips on travel must-haves… all at no extra cost! This is what GreatEscapes, the brain child of ...
STEEL:
Secondary steel producers oppose move for 10% import duty
‘Anti-Dumping Directorate is the right authority’. New Delhi, Nov. 15 The tug of war between the primary and secondary steel manufacturers for Government protection has flared up again – this time on the issue of imposition of ...
REAL ESTATE & CONSTRUCTION:
Rate cuts too small to spur demand
Despite the Government talking of bringing down home loan interest rates, the largest players in the market, including housing finance institutions and banks catering to more than two-thirds of the home loan borrowers, are yet ...
SCIENCE & TECHNOLOGY:
Moon impact probe device sends vital videos
Bangalore, Nov. 15 Chandrayaan-1’s crowning glory and India’s lunar flag-bearer, the Moon Impact Probe, has generated 15,000 video frames that ISRO wants to weave into a ...
ECONOMY:
RBI getting focussed on specific sectors
New Delhi, Nov. 15 The most noteworthy thing about the measures taken by the RBI on Saturday is that, at long last, it is getting focused on specific sectors, rather than using broad spectrum liquidity measures to buoy up the sagging ...
EVENTS:
Weekly News Round-up
The Prime Minister, Dr Manmohan Singh, on Thursday called for strengthening bodies such as the International Monetary Fund, the World Bank as also regional banks and regional arrangements so that the fallout of the global crisis is minimal ...
TRADE & LABOUR UNIONS:
Oil sector officers threaten indefinite strike from Tuesday
PSUs to lose Rs 1,125 cr revenue/day. New Delhi, Nov. 15 Oil Sector Officers Association (OSOA), representing around 50,000 executives of the 14 public sector oil companies, has threatened an indefinite strike from Tuesday to press for ...
PAPER, BOARD & NEWSPRINT:
Handmade Paper Institute’s unit to be privatised soon
Fall in pulp output cited as main reason. Pune, Nov. 15 The Government-run Handmade Paper Institute in Pune is all set to hand over its production unit to the private players. Reduction in pulp production is cited as the main ...
EVENTS:
Focus Kerala
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