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Industrial output contracts 2.3% in March; poor show by manufacturing Capital goods output dips 8.2%; industrial growth falls to 2.4% in 2008-09. New Delhi, May 12 Industrial output in March 2009, compared with the same month the previous year, contracted by 2.3 per ... PR firms find it tricky to sell political parties New Delhi, May 12 The Congress and the BJP are both very unhappy with their PR agencies. Party apparatchiks have been heard grumbling that in spite of the crores that have been spent on PR and advertising, the image of ...

Education pact: Mr Steve ...	TODAY'S PICK (Latest Audio: English/Tamil) Suzlon Energy (Rs 80.85): Buy We recommend a buy on Suzlon Energy from a short-term trading perspective. It is apparent from the charts of Suzlon Energy that after recording a lifetime low of Rs 33 on March 12, the stock changed its trend. Since this low, the stock has ... Day Trading Guide

Microsoft hints at more lay-offs if downturn worsens
There are areas where we are continuing to add people: Ballmer. Mumbai, May 12 Microsoft Corporation will be compelled to lay off more employees if the economic downturn worsens further, a top company ...

Will private investment in distressed assets catalyse?
Some encouraging data have begun to come out of every leading economy — the US, Japan, Germany and the UK, not to speak of the rising giant ...

Dumping duty mooted on CV parts from China
Authority finds domestic industry has lost market share. New Delhi, May 11 The Commerce Ministry has recommended imposition of preliminary anti-dumping duty on imported ‘Front axle beam and steering knuckles (also known as axle arm or stub ...

Centre raises foodgrain, oilseeds output estimate
Rice output projected at record 99.37 million tonnes. The Agriculture Ministry has revised upwards its estimates of the country’s foodgrains and oilseeds output ...

Reliance gas sales: Exchange rate changes may not help boost profit
New Delhi, May 12 Despite the favourable movement in the exchange rate, the likely windfall revenue gain for Reliance Industries Ltd (RIL) may not amount much in terms of the bottom ...

‘It is all a matter of judgment’
In these turbulent times, the stewardship of a central bank may be more of an art than a science. This is the impression one gets after an interaction with former RBI Governor, Dr Y.V. Reddy, who was in Delhi ...

As Election 2009 comes to a close, political manoeuvrings begin
New Delhi: Wednesday’s elections in 86 constituencies spread across seven States and two Union Territories will mark the end of the nearly month-long polling process to the 543 Lok Sabha seats of the country. The ...

Rupee nears key resistance(Latest Audio:English/Tamil)

The impending Lok Sabha election results, due this Saturday, is not causing any consternation to the rupee. The currency continued to trade strong against the dollar helped by some robust portfolio inflows into the country. Foreign ...

Tribunal upholds TRAI order to scrap access deficit charge
Quashes appeals filed by BSNL against the regulator. New Delhi, May 12 The Telecom Dispute Settlement Appellate Tribunal (TDSAT) has rejected petitions by Bharat Sanchar Nigam Ltd challenging abolition of the access deficit charge (ADC) by the ...

Winds within Bay basin flag, hold up rains
Thiruvananthapuram, May 12 Southwesterly winds within the Bay of Bengal basin have failed to significantly pick up in strength on Tuesday but some models expected seasonal rains to reach south of the Andaman Islands by early Thursday ...

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