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INDUSTRY & ECONOMY

REAL ESTATE & CONSTRUCTION: Past prices perfect for now
Could residential demand pick up if prices are rolled back to levels prevalent a few ...

INDUSTRY ASSOCIATIONS: Exports in March seen at $12-14 b: Pillai
‘Recession in developed markets led to demand slump’. New Delhi, April 4 The country’s merchandise exports may have achieved the scale-down target of $170 billion during the just-ended fiscal year 2008-09, a top commerce ...

REAL ESTATE & CONSTRUCTION: Lower rates in realty
Hit by slowdown blues and a massive credit crunch, real estate players are biting the bullet and lowering prices on new and existing residential ...

AUTOMOBILE COMPONENTS: Auto parts industry begins fiscal on a note of ‘cautious optimism’
Companies expect upswing in cars, two-wheelers growth. Chennai, April 4 After the “worst ever” year ended with some encouraging signs, the auto components industry is beginning the new financial year on a note of “cautious ...

REAL ESTATE & CONSTRUCTION: Reverse mortgage a necessity
Banks should not be hasty in cutting down property valuations in the current downturn, according to Mr Arun Ramanathan, Finance Secretary, Government ...

REAL ESTATE & CONSTRUCTION: Lanka reconstruction opportunity
Sri Lanka’s Chamber of Construction Industry will host Excon 2009, an international construction trade fair and exhibition between May 29 and 31, according to a ...

ECONOMY: ‘Economy will ride 7-8% growth in 2009-10’
‘Correction in commodities lowers inflation rate’. Kolkata, April 4 India is likely to witness seven to eight per cent growth in 2009-10 and a higher rate thereafter, according to Mr K.V. Kamath, Managing Director and Chief Executive ...

EDUCATION: IIMC plans to increase intake in PG course
Kolkata, April 4 Indian Institute of Management, Calcutta, (IIMC) intends to increase the intake in the one-year Post Graduate Programme for Executives (PGPEX) to 120 students in the next few years, according to the Director of IIMC, ...

COURTS/LEGAL ISSUES: New Appellate Authority set up for members of 3 professional bodies
New Delhi, April 4 The Centre has set up an Appellate Authority to hear the appeals against the orders of the Board of Discipline or the Disciplinary Committee of the three professional bodies — ICAI, ICSI and ...

HEALTH: For a cause
...

EVENTS: Weekly News Round Up
The board of Satyam Computer Services has modified the bidding process for the sale of 51 per cent in the company by allowing for open auction method instead of the sealed bidding method. In a letter to the stock market regulators in India and ...

REAL ESTATE & CONSTRUCTION: Brigade Group to take up new realty projects
Bangalore, April 4 Real estate developer Brigade Group is looking to launch new projects, including hospitality developments, in the next nine to 12 months. In all, the company hopes to develop 10 million sq. ft. at a total investment of ...

ECONOMY: BJP manifesto: Cuddly to middle class, silent on financial reforms
New Delhi, April 4 The economic programmes set out in the manifesto of the Bharatiya Janata Party (BJP) for the forthcoming General Elections do not set store by any slogan as the “India Shines” campaign in the 2004 elections cost ...

ECONOMY: From London, a trillion dollar booster shot for IMF
Mumbai, April 4 One of the most visible effects of the one-day confabulations and grandstanding at the London summit of the G-20 might just be a new lease of life for the International Monetary Fund. As a result of the deliberations on ...


Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (April 4)
Nifty (on April 2)3214.15(+153.80)
US Dollar (Buy/Sell)50.34/35
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Silver (a kg) Rs22,275


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