IMF gives gloomy economic outlook IMF Managing Director Dominique Strauss-Kahn, on Saturday, said prospects for the world economy arent improving and indicated growth is unlikely to pick up in 2009.
ABSENCE OF SUFFICIENT PROGRESS
WTO calls off Doha meeting World trade ministers have called off a meeting planned here for this month in the absence of sufficient progress toward a global trade liberalisation deal, a source close to the talks said here on Friday.
Microsoft may cut Yahoo bid amid slowdown Microsoft Corp is considering cutting its $44.6 billion offer for Yahoo! Inc as a worsening US economy threatens Yahoos business, two people with knowledge of the matter said.
BHEL & NPCIL to float JV for nuclear power plant Aimed at synergising the strengths of the two PSU giants in the power sector, Bharat Heavy Electricals Limited (BHEL) and Nuclear Power Corporation of India limited (NPCIL) will join hands to form a joint venture company (JVC) to set up nuclear plants inside the country and abroad.
Assocham seeks ban on future trading in agri items Industry body Assocham, on Saturday, urged the government to ban the future trading on agri-products and increase the supply side to arrest the record three-year high inflation of seven per cent.
A 72.22-carat diamond with an estimated price of 10-13 million USD during its preview at Sotheby's auction house in Hong Kong on Friday. The diamond will go to auction in New York on April 17. AFP
Did Tamil Nadu act in haste in taking up the Hogenakal project in the Cauvery basin? Since it is supposed to be only a drinking water scheme, does it hurt Karnataka’s interests? DH had invited readers’ opinion on the issue.
Most believe that although the drinking water provision is legal, the current row is a manifestation of political interests in TN, and that Karnataka has been unfairly targeted. Some feel that as Hogenakal falls within the disputed territory, the problem should be resolved amicably without damaging public life in both states.
