Tuesday, April 29, 2008
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Deccan Herald » Business
HIGH DEMAND IS DRIVING WAGE INFLATION, SAYS STUDY
India salaries seen rising by 14.4%  
The explosive rate of growth in India has created a phenomenal demand for talent so much that wages are forecast to rise by 14.4 per cent during the year 2008, says a latest report.
Monetary policy roadmap
RBI hints at tough fiscal steps  
With oil prices closing in on US$120 a barrel mounting pressure on inflation, Reserve Bank of India, on Monday, hinted at tight monetary measures in the annual policy to be unveiled on Tuesday, as steps by the government take time to show results.
RBS to rid 7,000 banking jobs  
Royal Bank of Scotland Group Plc, Britains second-largest bank, may cut about 7,000 jobs following the acquisition of ABN Amro Holding NVs securities unit and credit market losses, said two people with knowledge of the plan.
Need for more benign biz milieu
US Inc bullish on India as an investment hub  
Amid global uncertainties, US Inc is bullish on India as an investment destination compared to other emerging economies, but wants the country to improve its intellectual property rights regime and infrastructure, a survey said.
Essar picks stake in US firm Obopay  
AMD unveils first computer brand
Reliance Energy Q4 net profit up 31 pc
Reliance Energy Q4 net profit up 31 pc
IDFC Q4 net up 45 per cent
KPIT Cummins books MTM loss of Rs 89 crore
AT A GLANCE
AT A GLANCE
Striking workers stand outside the Grangemouth oil refinery in Scotland on Monday . British Petroleum PLC on Sunday shut down a pipeline system that delivers a third of Britain's North Sea oil, as striking workers at Grangemouth closed Scotland's only oil refinery with a strike predicted to cost the British economy 100 million pounds (US$200 million; euro127 million). AP
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Today`s Supplements 
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    These photos were taken in Switzerland last year in the month of October. Photos sent by Sangeetha, Herndon VA, USA. 


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    DH Forum
    Flip-flop about turncoats

    Many candidates have made it a habit to change parties just to contest elections. Should people of Karnataka reject the party-hoppers lock, stock and barrel? DH had invited readers’ opinion on the issue. Not surprisingly, most readers called the turncoats as a sign of decadence in democracy and ideology, and that they should be written off with the bullets of the ballot. Voting for stable, honest and ideal-driven candidates, requires maturity on the voters’ part, said some.
    There were a handful who felt that it was okay to be search for “greener pastures” to seek gain and sure enough, hop and jump.
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