| POLICY WATCH |
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India eyes new urban CPI by May 2009
India plans to bring out a new urban consumer price index (CPI) in April or May 2009, for a more accurate picture of prices in towns and cities. [More]
Scheme for textiles parks to continue
The Cabinet Committee on Economic Affairs (CCEA) has decided to continue the Scheme for Integrated Textiles Parks (SITP) in the Eleventh Five-Year Plan period (2007-12). [More]
PPP may rejuvenate schools and hospitals
India will soon come out with a special scheme to allow the private sector run government schools and hospitals, and to set up new ones. [More]
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| PEOPLE |
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17 Indians in WEF's Global Young Leaders list
17 Indians have been recognised as Young Global Leaders for 2008, by the World Economic Forum (WEF). [More]
Global Indian award for Sam Pitroda
The Canada-India Foundation has honoured Indian Knowledge Commission chairman Sam Pitroda with the first annual Global Indian Award for pioneering India's telecom revolution. [More]
Indian American's team cracks vital biological puzzle
A team of scientists led by Indian American Suresh Subramani, of the University of California, has cracked a vital biological puzzle that may hold the key to everything from ageing to cancer. [More]
Vedanta's Agarwal, Wipro's Premji among Asia's top altruists
Forbes' '48 Asian Altruists' includes Vedanta's chief Anil Agarwal, Wipro's Azim Premji, Biocon's Chairperson Kiran Mazumdar Shaw and Rohini Nilekani, wife of Infosys' co-founder and former CEO Nandan Nilekani. [More]
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| ECONOMY AND ENTERPRISE |
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'India set to be 90 per cent of US economy by 2050'
India could grow to almost 90 per cent of the size of the US by 2050, as per a report by PriceWaterhouseCoopers. [More]
Betting big on the food business
India's food service industry, after growing at a rate of 21 per cent during 1993-2003, is expected to grow 48 per cent to US$ 667.49 million in the next two years. [More]
PEs invest US$ 1 billion in SMEs in 2007-08
Private equity (PE) firms have invested US$ 1 billion in small and medium enterprises (SMEs) in 2007-08 - a 75 per cent rise from the previous year. [More]
Industrial sector to grow by 10.4 per cent in FY 2009: CMIE
The Centre for Monitoring Indian Economy (CMIE) has pegged India's industrial growth at 10.4 per cent for fiscal 2009.[More]
Shipping tonnage crosses 9 million gross tonne mark
In a first, Indian shipping tonnage has crossed the 9 million gross tonne (GT) mark. [More]
Exporters eye US market
Bilateral trade between India and the US in this fiscal is set to cross US$ 50 billion, up 25 percent from US$ 42 billion in the last fiscal. [More]
Fund assets to reach US$ 440 billion by 2012: McKinsey
The total assets under management (AUM) in India would grow by 33 per cent per annum to reach US$ 440 billion by 2012, as per a McKinsey survey. [More]
Indian battery market set to double by 2011, says Exide chief
India's battery market will more than double in four years, given its current annual growth rate of over 20 per cent. [More]
Insurers up ante in ad world, spend US$ 223.21 million in 2007
India's insurance industry is estimated to have spent over US$ 223.21 million in 2007, up from US$ 49.61 million in 2002, on brand building. [More]
SBI is world major in branch network
State Bank of India has become the world's second bank to have 10,000 branches. [More]
NHPC to invest US$ 6.94 billion to double capacity by 2012
India's largest hydel power company NHPC will double the power generation to become a 10,000 mw-plus corporation by 2011-12. [More]
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The demand is so much that I am unable to keep pace with the orders. People just walk in and want to buy one of the (Mercedes) models.
Manjit Singh Bala
Managing Director
Tai-Pan Motors |
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| India's first full-fledged marina at Bolgatty Island - and the world's only marina with a golf course - will house 50 yatchs. [More] |
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India finds cheap energy may be an easy nut to crack
India plans to launch one of the world's biggest jatropha biofuel projects to bolster energy security. [More]
The Greens revolution
Organic food is poised to shed its designer tag, to be a part of India's mainstream cuisine. [More]
Eco-friendly energy efficient project
Leading power equipment manufacturer Osram, along with Germany's largest power generation company RWE, will launch their first energy efficient project in India based on the Kyoto Protocol guidelines. [More] |
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