John Fisher, specialist in industrial marketing, has become chairman of the City of London livery company for marketing professionalsHis programme for the year includes taking a group of members of the Worshipful Company of Marketorsto India for 10 days in November.The theme for his year of office is technology and marketing, which was launched by the guest speaker Dan Cobley, marketing director of Google UK, at the installation dinner. The thrust of Cobley’s address was that marketers need to think about the possibilities in a world where internet bandwidth and electronic storage are essentially limitless and essentially free. ‘That world’ he said, ‘is here today. Adapt or die.’John Fisher founded Fisher Marketing in 1988 to provide PR and marketing services for companies in the technical sector. Long term clients have included Turck Banner, Mitsubishi Electric, Emerson, Rockwell Automation and MOOG.AChartered Engineer , John Fisher began his career with the English Electric
24x7waiter goes live today with its first customer. Casa Piccola, the largest Euro Restaurant chain in Bangalore, deploys Online Ordering using 24x7waiter.24x7waiter , a complete online ordering solution today announced its 1st customer in India. 24x7waiter is India's first solution for restaurants, Pizzerias, Bakeries, Caterers that is designed to grow business and leverages on a powerful platform to offer unique features to the customer to place his online orders for takeaways and deliveries or for outdoor catering and parties. A sophisticated user interface allows one click reordering, saving favourite orders and also aggregating waiterpoints and has reportedly beenchoosen byleading restaurantsacross the country and many more announcements are expected to follow.According to Casa Piccola's owner Mr Bhushan Oberoi, a pioneer in the Restaurant business "I was always thinking how I can make it easier for our customer to enjoy our food and usingourwebsite to promotemy business. We selec
Cleartrip.com today announced the best travel deal this season. A never before low fare of Rs.599 for roundtrip flights on all sectors of the Go Air network. (Taxes and fees as applicable) Under this offer, bookings need to be made 5 days or more prior to your date of travel. For example if on February 20th 2008 customers can book to avail of flights anytime from 25 February 2008 onwards. To avail this special offer, all a customer needs to do is book a roundtrip Go Air flight on Cleartrip.com. The bookings can be made online (www.cleartrip.com) or by calling on 1800 22 5327 (toll-free for MTNL / BSNL) / 022 30014999.
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Backwater and Wildlife Tour in Kerala,
Day 01: Arrive Kochi
This exquisite seaside of Kochi is laid by the Western Ghats on the east and the Arabian Sea on the west. As the place is close to the equator, mountain and the sea, it provides a pleasant experience of a restrained equatorial climate. On reaching Kochi airport on the first day of the Kerala Backwater and Wildlife Tour, India the GeTS Holidays representative meets you assist you to check in at a hotel for an overnight stay.
Day 02: In Kochi
Savour the delicious breakfast and visit the tourist attractions located in various parts of Kochi with the Kerala GeTS Holidays guide.
Day 03: Kochi – Kumarakom
Enjoy an early morning drive to Kumarakom, the gateway to the Kerala backwaters. It is the most enchanting village in Kerala laid in the banks of Vembanad Lake that offers a unique bouquet of tourism products
India have won a thrilling match against Srilanka by two wickets.Srilanka won the toss and choose to bat first and they were got off to a disastrous start by losing Dilshan and veteran blaster Jayasuriya.Sangakkara and Mahela Jayawardena put on over 150 runs for the third wicket before the captain was run out for 71.Sangakkara made an scintillating 128 runs before getting out in the penultimate over.Chasing a target of 239 India lost Tendulkar,Gambhir and also Uthappa early as India slumped to 35 for three.Dhoni scored an unbeaten 50 and Yuvraj scored a great 76 to return to form as they just managed to chase down the target with five balls to spare.
GJIIE Feb 15-17 in ChennaiThe curtain rises on February 15th to unveil the 4th edition of the Gem and Jewellery India International Exhibition ("GJIIE"), the most-awaited jewellery show in South India organized by Madras Jewellers & Diamond Merchants' Association (MJDMA). GJIIE 2008 is the largest Jewellery Business-to-Business (B2B) Trade Show in South India.India is the largest consumer of the gold in the world and South India accounts for more than 45% of this Gold Consumption. Chennai and Tamilnadu is the Epicenter of the demand for Gold Jewellery in South India. Since time immemorial, the Gold Jewellery Trade in South India is conducted through Chennai. This is the reason, why the Madras Jewellers & Diamond Merchants' Association took the initiative of organizing First Ever Trade Fair on Gold Jewellery in Chennai in 2005. The objective was to bring the best of Gold and Jewellery Manufacturers from across India under a Single Roof to cater to the demands of the South Indian
Ikya Human Capital Solutions Pvt Ltd, a Bangalore-based integrated HR solutions company has received a funding of US $ 8 million from India Equity Partners (IEP), a leading private equity fund focused on India.Speaking on the strategic investment, Ramesh Hande, Chief Executive Officer, Ikya, said, “We are excited about India Equity Partners’ strategic and value added investment approach and we are happy to partner with them. Ikya has the right strategy, resources and the will to become a leading HR services player, with comprehensive service offerings that include temporary and contract staffing, permanent recruitment, placement and career services and training”.Gaurav Mathur, Managing Director, IEP, said, “We are convinced that Ikya is set on a fast growth trajectory. Ikya has the potential to become one of the largest players in the Indian HR solutions space. The strength of the management team combined with IEP’s ability to support them and the severe shortage of skilled a
The success of North America in developing GE Brassicas using the barnase/barstar gene system, gave an impetus to develop GE mustards in India.
GE Brassicas in India:
ProAgro, a private seed company in India, obtained from Belgium, a high yielding GE mustard based on the barnase/barstar gene system, in 1966. After several yearsÂ’ of back crossing [...]
MUMBAI: US aircraft manufacturer Boeing on Wednesday said it would compensate Air India for the delay in the delivery of Dreamliner 787 aircraft to the Indian carrier. "We will compensate Air India for the delay in the delivery of Dreamliners," Boeing Senior Vice-President Dinesh Keskar told reporters on the sidelines of an aviation summit. In 2005, the national carrier had placed orders with Boeing for 68 aircraft costing $11.6 billion. Of the 68 aircraft, 27 are Dreamliners. The first Dreamliner was scheduled to be delivered by end-this year, but the deliveries are now expected to be delayed. "There have been supply-chain strains," Keskar said, adding that this has resulted in delay in the delivery of the aircraft. The first Dreamliner will now be delivered to Air India in 2009, he said, adding that the delivery date has, however, not been decided yet. Besides Air India, private carriers Jet Airways and SpiceJet have placed orders with Boeing. Jet has ordered for 53 aircraft, of whic
MUMBAI: Aircraft maker Boeing Co. expects to deliver 30 planes in India in 2008, 15 planes less than last year, a company official said on Wednesday. "This is a scheduled moderation. Now the growth will be slow and steady," Dinesh Keskar, senior vice president, sales, commercial airplanes, told reporters at an industry conference. - Economic Times
India Hospitality Corp, a UK-listed investment company on Monday said it has dropped its plans to acquire Indian restaurant chain Nirula's. The company said in a regulatory filing here that it was excited about India's multi-faceted hospitality and food service industries that provide a plethora of consolidation opportunities and the company would "continue to evaluate additional opportunities and deploy capital selectively into projects with attractive risk-return profiles." While noting that it has several possible investment opportunities under evaluation, it would "not be acquiring the Nirula's chain of restaurants, which was under consideration during the year". Nirula's CEO, Samir Kuckreja and Navis Capital Partners continue to have majority ownership of the company, IHC said. "Given the rapidly changing dynamics within the Indian hospitality, leisure and food service sectors, inputs affecting the company's capital deployment decisions may alter its acquisition evaluation," it sa
By Hiral Vora MUMBAI (Reuters) - When Meera Sanghavi was allotted 16 shares of Reliance Power in India's biggest-ever initial public offer, it seemed a windfall for the middle-class housewife, who hoped to double her money in less than a month. Instead, she sold her shares in panic on Monday as the newly listed stock tanked. She lost 7 percent of her investment and will think twice before applying for shares again. "This is a big loss for common people like me who had lot of expectations from such a big company," 49-year-old Sanghavi told Reuters. Reliance Power, which raised $3 billion in the world's largest IPO this year, attracted bids worth $190 billion from over 4 million investors when it opened for subscription in January, just days before stock markets worldwide went into a tailspin. Shares in billionaire Anil Ambani's Reliance Power plummeted 17 percent by the time the market closed. "I got scared when the price started going down," Sanghav
By Ruchira Singh MUMBAI (Reuters) - Indian gold futures are seen targeting new highs this week in the midst of financial market concerns overseas and the possibility of a reduction in world supplies, analysts said. "People will be shifting their assets to bullion.. gold could test its last high," said Somnath Dey, head of metals and energy research at Religare Commodities Ltd. Indian gold futures extended gains from the previous day and was within striking distance of its all-time high of 11,899 rupees per 10 grams notched on Feb. 1. Some analysts said a break above 12,000 rupees was possible soon. Unwinding of hedge positions at some mines, including Peruvian Buenaventura, rise in gold exchange-traded funds and lower output forecast by the world's third largest miner, AngloGold Ashanti, have also signalled bullish days ahead for gold, an analyst at IL&FS Investsmart Commodities Ltd said. Meanwhile, global financial uncertainties due to credit market problems and
MUMBAI (Reuters) - State-run Bank of India has reduced its interest rates on retail loans by between 25 basis points and 250 basis points effective February 1, a senior official said on Monday. The rates on auto loans and personal loans have been reduced by 250 basis points while the rates on home loans of up to 2 million rupees have been cut by 25 basis points, D. Krishnamurthy, general manager of credit at the bank said. The revised rate for home loans up to 2 million rupees is 9.75 percent, he said. The interest rates on educational loans have also been reduced by 100 basis points, he added. Bank of India has left its prime lending rate, or the rate at which it lends to its best borrowers, intact at 13.25 percent. Earlier on Monday, the country's top lender State Bank of India has cut its prime lending rate by 25 basis points to 12.5 percent with effect from February 16.
By Biman Mukherji and Sambit Mohanty BANGALORE (Reuters) - India's coffee exports in 2008 are likely to remain close to last year's 200,000 tonnes, but producers are going to reap a rich haul from a jump in global prices, a senior industry official said. India's coffee exports fell 11 percent in 2007 to 223,565 tonnes. The country produces only 4.5 percent of the world's coffee, but exports 70-80 percent of its output. "Now coffee prices are very high and it is very profitable for the producers," Anil Mishra, India manager for Switzerland-based ECOM Gill Coffee Trading Pvt Ltd, told Reuters at the weekend. "The good thing is that it has come at a time when Indian coffee is just getting harvested." Mishra said he expects exports to be largely flat from the year-ago figure. Robusta Coffee futures are hovering near 10-1/2 year highs and prices have risen by 30 percent from early December, boosted by the flood of fund money diverted from struggling globa
MUMBAI (Reuters) - India's software and services export revenues are seen rising 28 percent to cross $40 billion in the year to March 2008, an industry body said on Monday. The total software and services revenues, including domestic market, is seen rising more than 33 percent to reach $64 billion in FY2008, the National Association of Software and Service Companies (Nasscom) said. "We are well on our way to accomplishing our goals despite some headwinds such as rupee appreciation and wage increases," Nasscom President Som Mittal told reporters. Earlier, it had estimated software services revenues to rise 24 percent to 27 percent to $49 billion to $50 billion in the year to March 2008. "The sector is building capacities for future growth. We are also diversifying geographically and in terms of industries," Nasscom Chairman Lakshmi Narayanan said. By the end of the current fiscal year the direct employment in the sector is expected to reach 2 million, an incre
MUMBAI (Reuters) - India's gold futures eased slightly on Monday on profit booking in overseas markets to benefit from a more than one week high, and analysts said it may remain rangebound awaiting fresh cues. "Gold seems to be lethargic and it may remain so until London opens," said Shailendra Kumar, head of research at Sharekhan Commodities Pvt Ltd. Kumar said the Group of Seven nations' approval on Saturday for sale of gold by the International Monetary Fund from April had the potential to ease gold if there was further news on it. Overseas gold was slightly down from Friday's one week high at $922.20 an ounce in the spot market, but was still close to its all time high level of $936.50 an ounce touched on Feb 1. Another analyst at IL&FS Investsmart Commodities Ltd said gold was finding buying support at dips. The IL&FS analyst said the April contract on the Multi Commodity Exchange of India Ltd could range within 11,525 rupees per 10 grams to 11,860 rupee
MUMBAI (Reuters) - India does not contribute to global imbalances and the country has an important stake in the normalisation of global financial markets, the head of India's central bank said on Monday. Reserve Bank of India Governor Yaga Venugopal Reddy was speaking to reporters at the central bank's office.
MUMBAI (Reuters) - India Steel Works Ltd said on Monday its board has approved raising $27 million through a private placement of 36.55 million shares to a foreign investor. India Steel is a manufacturer of stainless steel bars.
MUMBAI (Reuters) - Top lender, State Bank of India, said on Monday it had cut its prime lending rate by 25 basis points to 12.5 percent with effect from Feb. 16.
MUMBAI (Reuters) - India's software revenues from exports are seen crossing $40 billion in FY08, an industry body said on Monday. The total software and services revenues, including domestic market, is seen rising more than 33 percent to reach $64 billion in FY2008, the National Association of Software and Service Companies (Nasscom) said. Earlier, it had estimated software services revenues to rise 24 percent to 27 percent to $49 billion to $50 billion in the year to March 2008.
MUMBAI (Reuters) - U.S. car maker Chrysler LLC's Indian unit has signed a 4 billion rupee contract with a New Delhi-based car seat maker to source seats for its Jeep Wrangler, an Indian newspaper reported on Sunday. This was just the beginning of Chrysler's strategy to outsource automobile parts from Southeast Asia and negotiations were on for more such contracts, the Business Line paper said, citing an unnamed senior company official. "We buy $40 billion worth of supplies each year. We would like to procure as much as possible from South-East Asia," the official said in the report. The seats will be fitted in the Wrangler vehicles being made at Chrysler's Toledo unit in the United States, the report added. Private equity firm Cerberus bought an 80 percent stake in Chrysler from Daimler last year.
Giancarlo Fisichella has insisted that his team of Force India are not there to wind up at the rear of the grid and will be there giving competitions to all the other experienced teams at the start of the season.He also insisted that he got offers from Renault and Sauber to be their test driver but he flatly refused the offers saying that he was a racer and wants to win badly.He said that he did not know Vijay Mallya for too long and he was looking forward to establish a proffesional relationship with him.He was very confident that the Force India team would do very well in the coming races of this season.
Srilankan lions roared past the Indians in the fifth one day match of the tri series played here today.Chasing a revised target of 154 runs in 21 overs Tillakaratne dilshan and Mahela Jayawardene put up a stand of 85 runs to ensure that the target was chased succesfully.Earlier rain reduced the match to 29 overs.India reached 195 runs for the loss of five wickets and young batsman Rohit Sharma scored 70 runs to lead the Indian side which was helped by useful contributions from Tendulkar,Gambhir and skipper Dhoni.In their reply Jayasuriya assaulted Sreesanth who went for 48 runs in three overs.India after that were never really in the hunt and they lost the match.The next one dayer is between Srilanka and Australia on Friday at the Perth.
After International Atomic Energy Agency (IAEA) chief Mohamed El Baradei expressed concern over the Pakistan’s nuclear arsenal, India’s National Security Adviser, M K Narayanan, without naming Pakistan has said that India faces threat from (the latter’s) nuclear assets falling into wrong hands of “volatile states.” “What are the key challenges to Asian and global security today? The challenges are many. Quite a few are security-related and are highly daunting in nature,” said Narayanan. “First and foremost, are existential threats and vulnerabilities that pluralistic, secular and democratic countries such as India - with rapidly modernizing economies - face from nations in the region that are authoritarian, anti-democratic and anti-secular, approximating to failed states,” he added. In January this year, El Baradei had said that he was “worried that nuclear weapons could fall into the hands of an extremist
The Software Development India – IT sector is on track with its growth agenda, Despite an appreciating rupee and slowdown worries in the US. The Indian software and services exports are expected to touch the $40 billion mark in Financial Year 2008 ($31.3 billion in Financial Year 2007), contributing nearly 64 per cent to the overall revenue aggregate (Including software exports, domestic and BPO segments).According to IT trade body Nasscom’s strategic Review 2008, the Indian software and services exports are expected to touch the $40 billion mark in FY08 ($31.3 billion in FY07), contributing nearly 64 per cent to the overall revenue aggregate (including software exports, domestic and BPO segments).In July 2007, Nasscom had forecast the industry will grow 24-27 per cent in the current financial year and the revenue was seen at $50 billion.In Financial Year 2008 the domestic market is expected to touch $23 billion compared with $16.2 billion in Financial Year 2007. This means that th
India happens to offer a whole range of activities for foreigners who are considering taking a vacation somewhere in Asia. You will be able to find a lot of things to see and do that are distinctly Indian. You see, they happen to host several religions and multiple cultures that will keep you wondering every time, and if you want to find out more about Bollywood, then here's your chance. 1.) Kolkata Previously, this city was named Calcutta where one will find fabulous colonial buildings that will transport seem to transport you to another place and time. The place abounds with cultural samples of all that is Indian. It is also known as the City of Joy. 2.) Bangalore This is another notable city which used to be home to pensioners. Now, this place has become populated with pubs and technological companies. These companies show advances in industrialization in the area, which used to be a place of slow leisure. 3.) Taj Mahal Taj Mahal is found in Agra and named as one of the Seven Wonder
India is the seventh largest country in the world. Geographically, it extends from the Great Himalayas in the north to the tropical peninsular south. Probably, India is the most diverse nation in the entire globe. In India one can find dizzying variety of languages, cultures and beliefs. The lifestyle that the people of India follow is really unique. In India one can find different types of peoples and languages. Each state of India has its own different language. The English language is among the lasting British rule in India. Like the people of India, the Indian culture is a rich mosaic of foreign influence and regional varieties. There are many interesting mysteries that can be discovered while wandering the different parts of India. India has an extraordinary diversity of landscapes. The Great Himalayas stands to the north of India, supporting a rich variety of wildlife. The snow-capped peaks are a part of India that adds glamour to the look of the nation. The tourists from all ov
India has been portrayed as the land of snake charmers and fakirs who can perform magic tricks, creating ash from empty air. However, if you take time to explore the country you will discover many more aspects that have remained hidden from the world's eyes for so long. India is a country that revels in diversity. Each state has its unique story to tell and one such story unfolds in the desert land of Rajasthan, the land of kings. It is one of India's largest state's and has many such towns and cities that offer a wide variety of sights and sounds to the traveler. A riot of colors covers each place in Rajasthan, giving each city its distinct identity. Jaipur is known as the pink city due to the sandstones with a pinkish tinge that have been used to build the forts and palaces of this ancient town. Another interesting itinerary on your Rajasthan trip should be a compulsory visit to Pushkar. Pushkar travel is bound to open up new horizons for you and help you see the spiritual side of In
South India is a place of Versatility. If you wanted to visit a place where expecting the people to be welcoming you with the brightest innocent smiles , straight away head ahead to South India. In south India , we could enjoy the real spiritiual experience in the holy city of tamilnadu, Natures beauty is enlivened in Kerala, Karnataka the origin of Coorg and Andhra pradhash �" where a new dimension is mixing up with the ancient culture and could enjoy visiting the various �" enriched Monuments and will have excellent shopping Melas and experiences. No one will forget Goa if visiting once �" it is real and real a divine experience. In Tamilnadu, we could see wonderfully built and culturally speaking Temples for eg., Madurai Meenakshi Amman Temple , this is a temple which is certainly beyond description. You will definitely astonished by the ancient state of Arts and the Sculptures speaks many talents of ancient days. Naadi Jothidam �" A famous Astrological experience awaits you
NEW DELHI (Reuters) - India's domestic car sales growth slowed sharply in January from a year ago, clocking up annual expansion of 9 percent, and analysts said only new models and cheaper loans were likely to fuel a pick up in demand. India sold 113,899 cars in January, up from 104,501 in the same month a year ago, when sales had jumped 24 percent, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday. "The last few months have seen muted sales and the trend may continue unless new vehicles are introduced and finance issues are tackled," Dilip Chenoy, SIAM's director general, said. The Reserve Bank of India (RBI) raised interest rates five times in 10 months from June 2006, bumping up those on vehicle loans, and tighter monetary policy has trimmed consumer demand in Asia's third-largest economy. Top carmaker Maruti Suzuki India Ltd, which is 54.2 percent owned by Japan's Suzuki Motor Ltd, posted a marginal fall in car sales to 54,366 uni
MUMBAI (Reuters) - Indian state-run agencies have completed importing about three-fourth of the total pulses that it contracted in the year ending March 2008, the government said on Friday. In a statement it said 1.07 million tonnes of the 1.40 million tonnes contracted for the fiscal year 2007/08 have landed as on Feb 5. India, the biggest producer, consumer, and importer of pulses, is battling rising prices as production stagnated at 12-14 million tonnes a year, well below its consumption of 16 million tonnes. In April the federal government announced it planned to import 1.5 million tonnes of pulses.
MUMBAI (Reuters) - India's gold demand was low on Friday as prices remained firm on news of supply problems in a big mining company and firmer crude oil, but traders waited to buy on dips in the local market, dealers said. "Its very, very dull," said Ganesh Agarwal of Shiv Sahai & Sons in Chennai. "There will be sales only if prices come down around $850 an ounce." Traders said their clients were buying in bits usually at dips as the wedding season had cranked up retail sales, though imported gold competed with the cheaper local stocks built up due to sale of scrap jewellery. "People are not comfortable at current levels, but there is buying at dips," said S.K. Jindal, director of Jindal Dychem, a large trading house based in New Delhi. Jindal and Agarwal said the dip earlier this week to around $885 level had pushed sales. Overseas gold was nearly flat from the previous day, but yet had the steam to push higher as platinum was near a record
BANGALORE (Reuters) - India may not import wheat in 2008 as favourable weather conditions are likely to boost output, the junior food minister said on Friday. "The weather is good and we are expecting a good crop," Akhilesh Prasad Singh told reporters on the sidelines of a grains conference. "I do not think we will need to import in the new crop year." The government on Thursday said Indian farmers were expected to produce 74.81 million tonnes of the grain in 2008 against output of 75.81 million tonnes last year.
NEW DELHI (Reuters) - The government hopes to open for subscription a rights issue in the country's largest lender State Bank of India on Feb. 18, a finance ministry official said on Friday. The official, who did not wish to be named, said there was no problem with the issue despite choppy market conditions, and the government remained committed to subscribing for its share.
ArcelorMittal, the world’s largest steel maker, plans to begin building two steel plants at a combined cost of 18 billion dollars in two Indian states by year end, a report said Thursday.
"We would start construction of each of the two projects in Jharkhand and Orissa by the end of the year. We are in advanced [...]
By Mayank Bhardwaj NEW DELHI (Reuters) - India on Thursday forecast its 2008 wheat output at 74.81 million tonnes from 75.81 million a year earlier, stoking concerns that the country may have to scout global markets to build strategic reserves. India, the world's second-biggest wheat producer, needs around 73 million tonnes of the grain annually to feed its population of more than 1 billion. It also keeps reserves for emergency and distributes the grain to the poor at lower rates. "It is a conservative estimate," Farm Secretary P.K. Mishra told a news conference. "Temperatures have been favourable so far and if it is good in February, production will be much more." Higher temperatures in February 2006 reduced India's wheat crop to 69.4 million tonnes, forcing the country to import the grain for the first time in six years. In 2007, the government tied up contracts to buy 1.8 million tonnes. "The forecast may be revised downward as we have seen in the p
BANGALORE (Reuters) - India will not import any wheat at least until June, when purchases of the grain by government agencies from farmers are expected to end, a senior industry official said on Thursday. "As far as imports are concerned, international prices have gone up twofold. So the government of India has to think twice before importing wheat," B. Shantilal, chairman of India's Wheat Products Promotion Society, told Reuters ahead of a two-day international conference. "But they are likely to decide only after procurement from farmers ends. I don't see any chance of wheat imports by India until June," he added.
By Biman Mukherji BANGALORE (Reuters) - France, which sold wheat to India for the first time last year, is hoping to become a long-term supplier to the South Asian nation, a senior industry official said on Friday. "It will all depend on the Indian crop," Francois Gatel, director of the Association for the International Promotion of French Grain, told Reuters in an interview on the sidelines of an international wheat conferene. Last year, India bought an estimated 200,000 tonnes to 300,000 tonnes of French-origin wheat, out of total contracted imports of about 1.8 million tonnes, although a large crop this year makes Indian imports unlikely. Gatel said France, which accounts for about 60 percent of European Union wheat exports, was likely to produce a larger crop this year than last, putting it in a stronger position to export. "Last year, we had a bad year. On an average we have 7 tonnes yield per hectare, but last year was about 6.5," Gatel said. &quo
MUMBAI (Reuters) - India's winter, or rabi season, pulses output is likely to fall by 8.82 percent to 8.57 million tonnes in 2007/08, against 9.40 million tonnes a year earlier, a government statement said on Thursday. The output of chana, or chickpea, the main winter pulse, is expected to fall by 7.90 percent to 5.83 million tonnes, against 6.33 million tonnes a year earlier. The production of kharif, or summer season, pulses is expected to rise by 20.21 percent to 5.77 million tonnes, from 4.80 million tonnes a year earlier. Production of tur, or red gram, is expected at 2.90 million tonnes, from 2.31 million tonnes a year earlier. Pulses output in India, the world's biggest producer, is estimated at 14.34 million tonnes in 2007/08, against 14.20 million tonnes a year earlier.
By Surojit Gupta NEW DELHI (Reuters) - India expects its economy to expand 8.7 percent in fiscal 2007/08, slower than the previous year as higher interest rates dent consumer demand, and analysts expect growth to cruise at a similar speed next year. While still strong, Asia's third-largest economy has lost altitude from the heady 9.6 percent expansion seen in 2006/07 and 8.7 percent would be the slowest growth in three years. But Reserve Bank of India (RBI) chief said Thursday's official estimate would not alter the RBI's wait-and-see approach as the figure was broadly in line with its forecast of 8.5 percent for the fiscal year that ends on March 31. Analysts had been looking for gross domestic product to moderate this year from its fastest pace in 18 years in 2006/07, with a Reuters poll forecasting expansion of 8.7 percent. "Clearly moderation has set in, essentially driven by industrial moderation," said Shubhada Rao, chief economist with Yes Bank. "Goin
NEW DELHI (Reuters) - ArcelorMittal, the world's top steelmaker, will invest $20 billion over the next 10 years to build two steel plants in India and is in talks for iron ore mines, a senior official said on Thursday. The plants will each have a capacity to produce 12 million tonnes of steel, and will be located in Jharkhand and Orissa. "We have identified the sites and are in the process of acquiring the land," Sudhir Maheshwari, executive director for finance, told reporters on the sidelines of a conference. He said the company was negotiating with local governments for mining rights as each of the plants, work on which would start by end-2008, would require 600 million tonnes of iron ore annually. "The biggest problem is iron ore sourcing for these projects... I can't say (the talks) are fairly advanced," he said. India has iron ore reserves of 25 billion tonnes, and has a target to produce 200 million tonnes of steel by 2020. Maheshwari said Ind
NEW DELHI (Reuters) - Wheat output in India, the world's second-biggest producer, is estimated at 74.81 million tonnes in 2008, against 75.81 million tonnes a year earlier, a top farm ministry official said on Thursday. Wheat is sown from October and harvest begins from March.
MUMBAI (Reuters) - Indian gold markets continued to see low-key buying on Thursday with weddings necessitating purchases even as gold hovered near its all-time high, dealers and traders said. "Every time gold falls under $900 an ounce, there is some demand," said Harshad Ajmera, proprietor of JJ Gold House in Kolkata. Retailers in his region were seeing good sales mostly of jewellery made out of recycled gold, while imported gold sold by traders moved sluggishly, Ajmera said. "Demand for imported gold is emerging slowly," said Satish Bansal of M.D. Overseas Ltd, a large New-Delhi based importer. Bansal said gold sales could strengthen if prices fell around $850. Overseas gold strengthened its recovery from the previous day's dips ahead of interest rate decisions by the Bank of England and European Central Bank but was over 3 percent down from its record $936.50 reached on Feb.1. Concerns over economic growth in the U.S. and credit market fears contin
Sources in Pakistan's Ministry of Law have accused India of adopting delaying tactics in signing the landmark tripartite Gas Sales Purchase Agreement (GSPA), involving Iran, Pakistan and India. Pakistan claims that it has been inviting India to hold the talks for settling the issues of the transit fee for gas transportation, but says the latter has never responded. Sources further said Pakistan had offered to talk about the transit fee on February 7 in Islamabad, but India neither declined nor accepted the offer. Pakistan and Iran may sign the Gas Sales Purchase Agreement (GSPA) in Tehran at the end of February on the Iran-Pakistan-India (IPI) gas pipeline project. The Daily Times quoted sources as saying that Iran has proposed February 24 as the date for the signing of the pact. Pakistan had earlier proposed January 25 as the date for signing of the GSPA on the IPI in Abu Dhabi. Tehran told Pakistan that it wanted to sign the agreement in Tehran with the new Pakistan Government. The
Model Shipra Malik winner of Femina Miss Congeniality 2007 and Miss India Finalist 2007 Sizzling Hot PhotoShoot by Famous Fashion Photographer Rahul Dutta.
Vital Statistics -
Height : 5′ 8″ (172.5 cms)Bust : 34″ (86.36 cms)Waist : 25″ (63.5 cms)Hips : 36″ (91.44 cms)Shoe Size : 8Hair : BrownEyes : BlackCity : New Delhi India
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The Institute for OneWorld Health (iOWH), the US-based non-profit pharmaceutical company that develops drugs for people with infectious diseases in the developing world, today announced the appointment of Dr. Rajshankar Ghosh as India Country Director. Dr. Ghosh will oversee all programs, staff and operations in India, and spearhead OneWorld Health's partnerships and government relations activities in that country."We are extremely pleased to welcome Raj as a member of OneWorld Health's executive management team," said Dr. Ahvie Herskowitz, OneWorld Health's co-founder and Chief Medical Officer. "In addition to his impressive public health background, he brings a comprehensive understanding of India's health system from the grassroots level up. His experience will make a valuable contribution to our mission and programs."Dr. Ghosh brings 15 years' public health experience to the India Country Director position. Prior to joining OneWorld Health, h
Estas sorprendentes imágenes me las envió un amigo por e-mail (gracias Fano), y la verdad que me sorprendió muchísimo. Muestra a algunas personas que trabajan como “dentistas” prestando sus “servicios” en las calles de la India. Todo esto se agrava con las herramientas sucias que emplean para hacer su trabajo (herramientas de carpintería, quiero decir [...]
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