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Sunday, October 09, 2005

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Interest rates may harden, say bankers
BANKERS and analysts expect interest rates to go up at least by 50 basis points, in the current fiscal, in view of the expected eight per cent growth in GDP, and the hardening trend in global interest rates. According to them, a healthy credit ... More

Mittal Steel signs MoU with Jharkhand for Rs 40,000-cr plant
MINERAL-rich Jharkhand added another feather to its industrial cap with global steel major Mittal Steel Company N.V. signing a Memorandum of Understanding (MoU) with the State Government for setting up a 12-million-tonnes-per-annum (mtpa) steel ... More

After quake, realtors for making safety norms mandatory
WITH another severe earthquake hitting India and Pakistan on Saturday, leading to heavy loss of life and property, the construction industry raised the demand for making certain safety norms such as structural engineering certification and ... More

Govt to release Rs 100-cr aid
THE Cabinet on Saturday reviewed the situation following the earthquake. Briefing newspersons, the Information and Broadcasting Minister, Mr Jaipal Reddy, said that while two people had been killed in Punjab, the rest of the deaths had been ... More

Absorption in BSNL/MTNL — Telecom service officers to defy deadline
THE Indian Telecom Service (ITS) officers have decided to defy the October 10 deadline set by the Government to get absorbed in BSNL or MTNL on the grounds that the package offered was not acceptable. In a general body meeting of the ITS ... More

No TUFS benefit for wind energy investments by textile cos: CCEA

  • Wind mills investments are not textile machinery-specific
  • Such investments are not part of textile modernisation
  • Financial support should come from Non-Conventional Energy Resources Ministry More

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