FM will weigh exporters woes Finance Minister P Chidambaram will meet heads of different export bodies on November 15, amid indications that Commerce Ministry is pressing for another package for exporters who are witnessing a fall in profit due to a sharp rise in rupee.
US slump slices $20 b off Indian firms on bourses Indian blue chips led by Infosys, Wipro and ICICI Bank lost close to $20 billion (about Rs 80,000 crore) of market value at the US bourses in last one week following the downslide in America.
History holds mirror to a post-Diwali dhamaka Investors worried over recent bear attack on bourses can look forward to a rewarding month ahead as returns have been mostly better post-Diwali compared to one-month period till festival of wealth.
Saudi oil minister Ali al-Nuaimi speaks to the press at Kuwait international airport in Kuwait City on Sunday. The Saudi and Kuwaiti oil ministers said today that OPEC will discuss the possibility of raising oil output if needed to cool soaring prices. AFP PHOTO
Will the political turmoil in Pakistan make democracy a distant dream for the people of that nation? How will it impact the peace process and India’s own security? Deccan Herald had invited its readers to send their opinions. Readers assert that democracy cannot prevail in Pakistan when the military is in rule and India will have to step up its security to brave the repercussions. A few optimists however predict that Pakistan will stabilise and India need not fear.
