Tuesday, September 13, 2011

hindu business live

The poor show by capital goods and intermediate goods sector might be indicative of a broader slowdown trend that could weigh on the central bank’s mind as it decides whether the risks on this count would offset concerns over persistent inflation.
The poor show by capital goods and intermediate goods sector might be indicative of a broader slowdown trend that could weigh on the central bank’s mind as it decides whether the risks on this count would offset concerns over persistent inflation.

Industrial output plunges to 21-month low

Industrial growth plunged to a 21-month low of 3.3 per cent in July. The number is significant, as it comes ahead of the Reserve Bank of India's monetary policy review meeting on Friday that is ex... »

Bank of America to slash 30,000 jobs

Bank of America has said it would cut around 30,000 jobs as part of a sweeping plan to slash $5 billion in costs and restore investor confidence in the beleaguered US banking giant. The j... »

Sensex ends 34 points down

The BSE benchmark Sensex erased its morning session gains on profit-booking and ended down 34.30 points or 0.21 per cent at 16,467.44 on Tuesday. The 30-share index had shot up 250 point... »
Logistics

Pipavav, Mazagon Dock team up to build warships

Pipavav Defence and Offshore Engineering Company (formerly Pipavav Shipyard) has tied up with state-owned Mazagon Dock Ltd (MDL) to build warships for the Navy. Each of the partners will... »
Industry & Economy

Govt eases norms for FII investments in infra bonds

As on August 31, the scheme attracted a paltry $109 million, as against an overall investment ceiling of $25 billion for such bonds announced in the 2011-12 Budget »
Industry & Economy

Suzuki wants to end alliance with VW

Suzuki Motor Corporation (SMC) has announced its intent to dissolve its almost two-year-old partnership and cross-shareholding agreement with German automaker Volkswagen. The decision was made at... »
Columns

Modi has an image problem

In the eye of the storm…The Gujarat Chief Minister, Mr Narendra Modi As the BJP celebrates the reprieve for Mr Narendra Modi in the 2002 riots cases, its exultation should be seen vis-à-vis the general sense of disenchantment in a country where the rich and the powerful are not often brought to book. »

Why we still need a rate hike

Inflation would have been much higher had the series of rate hikes not been undertaken. With inflation deeply entrenched in the system and industrial growth looking good, the RBI must signal that it means business. »
Editorial

Unfair penalty

Doing away with the pre-payment penalty may help reduce the distortions arising from new loans being cross-subsidised by existing ones. »
Opinion

Farce of an education in engineering

Andhra Pradesh being a reservoir of talented engineers is a myth. Andhra Pradesh's private colleges are mere degree shops, imparting little knowledge skills. Strangely enough, many have AICTE certification. »

Wide canvas, diffuse portrait

This compilation of essays written by Rajiv Kumar, Director-General of the Federation of Indian Chambers of Commerce and Industry (FICCI), first appeared as columns for various newspapers over... »
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