The agitation in the West against the Wall Street means market-led culture is an eye-opener for the emerging market economies, especially India.
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Economic growth fails to reduce unemployment
Posted by Jenni (#1) 565 days ago (http://www.thehindu.com)Cauvery delta farmers seek rollback of fertilizer prices
Posted by Jenni (#1) 565 days ago (http://www.thehindu.com)
Expressing shock over the sudden and sharp rise in the prices of fertilizers, the Cauvery Delta Farmers' Welfare Association has sought the intervention of Chief Minister Jayalalithaa to ensure a rollback of the prices.
Need for right kind of energy mix: Tata-BP Solar CEO
Posted by Jenni (#1) 567 days ago (http://www.thehindu.com)
Stating that a huge amount of money and funding was required from banks and financial institutions to achieve the right kind of energy mix to meet the ever growing energy needs of the country, Tata-BP Solar CEO K. Subramanya said the Reserve Bank of India (RBI) should create a “separate window to finance” solar and other renewable energy projects in view of the limitations of banks to go beyond t
The Union Cabinet will take a decision on the issue of additional equity infusion of Rs.6,600 crore in the ailing national carrier, Air India, and also take a call on the airline's plan to acquire 27 Boeing 787 Dreamliners.
World Bank to provide loan for Eastern Dedicated Freight Corridor
Posted by Jenni (#1) 568 days ago (http://www.thehindu.com)
The World Bank on Thursday committed to finance the Eastern Dedicated Freight Corridor by signing a $975 million loan agreement with Ministry of Finance and Dedicated Freight Corridor Corporation of India Limited (DFCCIL)
Diwali bonanza’ to farmers, MSP up for rabi crops
Posted by Jenni (#1) 568 days ago (http://www.thehindu.com)
The Union government on Tuesday announced an increase of Rs. 115 in the minimum support price (MSP) of wheat, which has been set at Rs. 1,285 a quintal for the 2012-13 rabi marketing season. The MSP for the previous year was Rs. 1,170 including a bonus of Rs. 50.
Foreign airlines may be allowed to pick up stake in domestic carriers
Posted by Jenni (#1) 571 days ago (http://www.thehindu.com)
In a bid to liberalise the skies, the Commerce and Industry Ministry has reportedly circulated a draft Cabinet note for inter-ministerial consultations recommending allowing foreign airlines to pick up stake in domestic carriers with a 26 per cent foreign direct investment cap.
GAIL reports 19 % rise in net
Posted by Jenni (#1) 571 days ago (http://www.thehindu.com)
Riding on the back of higher gas trading volumes, GAIL (India) on Monday reported 19 per cent rise in net profit at Rs. 1,094 crore for the quarter ended September 30, 2011, against Rs.924 crore in the year-ago period.