As the world braces itself for another recession, India needs to ponder whether it too faces the prospect of another industrial slowdown.
Published News » Business
Return to industrial lethargy
Posted by Jenni (#2) 206 days ago (http://www.thehindu.com)Sensex down 151 points on interest rate concerns
Posted by Jenni (#2) 208 days ago (http://www.thehindu.com)
Erasing initial gains, the BSE benchmark Sensex fell 151 points on selling by funds in interest-rate linked stocks amid fears that the Reserve Bank may hike its lending rate further to tame inflation.
MRF launches high-performance tubeless radial tyres
Posted by Jenni (#2) 208 days ago (http://www.thehindu.com)
MRF on Friday said it was looking at acquiring tyre plants overseas besides engaging in rubber plantations in countries such as Cambodia, Thailand and Vietnam to meet the growing demand for raw material and its rising costs.
Food inflation surges to 10.60 %
Posted by Jenni (#2) 209 days ago (http://www.thehindu.com)
Food inflation surged ahead to breach the psychological double-digit barrier at 10.60 per cent for the week ended October 8 against 9.32 per cent in the previous week, leaving no one in doubt that the Reserve Bank of India will continue with its hawkish monetary policy stance on October 25.
LPG supply strikingly hit
Posted by Jenni (#2) 209 days ago (http://www.thehindu.com)
A strike by drivers of trucks, which transport Indane cylinders from the IOTL bottling plant to various distributors across the city, has resulted in stoppage of LPG despatches from the facility in suburban Manali.
Coromandel International’s aggressive plans for expansion
Posted by Jenni (#2) 210 days ago (http://www.thehindu.com)
Coromandel Fertilisers Limited, part of the Rs. 17,000 crore Murugappa Group, has announced plans for setting up a Greenfield Single Super Phosphate Plat at Punjab with an estimated Rs. 116 crore.
RIM offers free App downloads to Indian subscribers
Posted by Jenni (#2) 210 days ago (http://www.thehindu.com)
Research in Motion (RIM), makers of BlackBerry, has extended its offer for free download of a selection of premium applications worth $100 to subscribers in India.
Rupee up by 19 paise against U.S. dollar
Posted by Jenni (#2) 211 days ago (http://www.thehindu.com)
The Indian rupee was up by 19 paise at Rs. 49.10 per U.S. dollar in early trade today on fresh selling of dollars by banks and exporters amid weakness of the American currency in overseas markets, coupled with a firming trend in the equity market.