Draft must meet demands, say smaller nations At a crucial General Council Meeting,over hundred developing countries led by South Africa, India and Brazil, reminded the chair for Doha negotiations on market-opening for industrials to redraft the modalities in such a way that developmental dimension of Doha Round is fully captured in the final results.
Says GDP will sag to 8.6 per cent
S&P sees repo rates, CRR regime remaining steady Global rating agency S&P, on Tuesday, forecast a slowdown in Indian economy to 8.6 per cent this fiscal due to high interest rates and appreciating rupee but expected no change in key rates and cash reserve ratio in RBIs credit policy on October 30.
Reforms must stay on track: OECD to India The (Indian) governments target of reaching GDP growth rate of 10 per cent in 2011 is achievable if reforms continue, OECD economic think tank of 30 rich countriessaid in its Economic Survey on India....
BEML sets up new rail coach unit The new unit will produce railway wagons and rail coaches for defence and civil applications and for high speed freight corridor. The production capacity is 450 units per annum.
Stock dealers trade at a brokerage firm in Mumbai on Tuesday, when the benchmark Sensex index soared more than four percent to a new intraday record above 18,000 points. Indian share rose by 788.86 points or 4.51 percent to a fresh record close of 18,280.24 on improving global liquidity. AFP
Champions in sports other than cricket complain that Indian cricketers get disproportionate rewards as compared to them. Are they justified in complaining? Is the recognition of achievements related to the popularity of the game? Deccan Herald had invited its readers to send in their opinions. Most readers feel that cricket is over-glorified and its players are pampered at the cost of other sports. Others contend that cricket is the nation’s religion and the players certainly deserve the booty.