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Will monsoon be as good as it looks to be now?
WITH the annual wholesale inflation rate crossing the psychological 5 per cent mark for the week ending May 22, all eyes are now on the behaviour of the south-west monsoon. How much rainfall the country receives during the four months from June ...
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Medium-term bank deposits still popular despite rate cuts
YOU can call it "stickiness", or depositor inertia. We are talking here about the fact that a bulk of bank deposits is parked in the 1-year to 3-year maturity period. An examination of the residual maturity of deposits for 18 public sector ...
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Railways flags off e-procurement system
WITH an annual purchase Budget of about Rs 12,000 crore and another Rs 10,000 crore expenditure on planned works, the Railways has decided to take advantage of IT by launching a pilot project on e-procurement. The Ministry of Railways has ...
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IIMs agree on common proposal for fee structure
THE directors of the six IIMs, who met here to give shape to a common proposal regarding the fees to be charged for the coming academic year, have arrived at a consensus. A uniform fee structure by the six institutions as desired by the ...
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Chennai port backlog likely to be cleared in a week
WITH normal operations resuming at the container terminal in Chennai port, it is likely to take at least a week to clear the backlog caused by the nearly fortnight-long strike by non-management workers of Chennai Container Terminal Ltd. The ...
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Low-cost airline, Indian ishtyle
Air India's proposed low-cost, no-frills airline will make air-travel more affordable, especially for those looking for budget travel to the Gulf and South-East Asia. They will also be able to catch a flight from a city close to where they stay.
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Manufacturing sector bullish: CII survey
THE domestic manufacturing sector is continuing with its bullish trend owing to the strong fundamentals of the economy and a pick-up in overall demand in many sectors that had earlier registered moderate-to-negative growth. This has been ...
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