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ECONOMY / Projects lower rate of 8.5 per cent
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PM panel sees growth sagging
The Prime Minister Economic Advisory Council (EAC) projecting a lower growth rate of 8.5 per cent in 2008-09, on Thursday, also cautioned that expected slowdown in global economy and inflationary pressure could adversely affect the growth rate.
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RIL net profit up 26 pc in Q3
Reliance Industries (RIL), on Thursday, reported a 26 per cent jump in its net profit for the third quarter - excluding exceptional item - at Rs 3,882 crore as compared to Rs 3,081 crore in the same quarter of the previous fiscal.
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Sales & profits have dipped
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India Inc H1 report card is poor, says RBI
At a time when the third quarter results of corporates have just started coming in, a Reserve Bank of India (RBI) report has said that India Inc has performed poorly in the first half of current financial year, recording a deceleration in sales and profits.
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Reliance Energy Q3 net up 50 pc at Rs 302 crore
Reliance Energy Limited (REL), on Thursday, reported a 50 per cent growth in net profit at Rs 301.60 crore for the quarter ended December 31, 2007 as compared to Rs 201.03 crore for the quarter ended December 31, 2006. |
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Bhoruka Power gets Rs 70 crore PE fund infusion
Bangalore-based Bhoruka Power Corporation Ltd (BPCL), on Thursday, announced that Darby Overseas Investments Ltd, the private equity arm of Franklin Templeton Investments, has invested Rs 70 crore in the company in the form of convertible debenture bonds.
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Oracle & HP to offer SMBs biz services |
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Fujitsu unveils new notebooks |
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Reliance IPO leads to spurt in demat A/Cs |
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India Inc raises $36 b funds in '07 |
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Biocon's sales flat, profit drops in Q3 |
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Kavveri acquires Spotwave for $7 m |
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AT A GLANCE |
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Prime Minister Economic Advisory Council Chairman C Rangarajan (right) with fellow member Saumitra Chaudhuri briefing reporters after releasing the panel's report on the state of the economy in New Delhi on Thursday. PTI
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Click Here for DH Photogallery
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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11,479 |
| Silver (per kg) |
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21,500 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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39.51 |
| Pound * |
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78.13 |
| Euro * |
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58.36 |
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| DH Forum |
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| Elections, now or later? |
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There are reports suggesting that President’s rule in Karnataka might be extended upto the year-end. Is that a right move or should the elections be held as soon as possible?
We invite our readers to express their opinion in about 100 words.
Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday.
A selection of responses will be published in Sunday’s edition. |
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| Expertspeak |
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