1. In another indication that the real estate business in Mumbai is on the downslide, the prime Indian Railway’s 11-acre plot near Bandra Railway Station had few takers, thus forcing the railways to differ its decision for the commercial development of the plot.
2. The BSE’s sensex takes 334 point inflation hit. The sensex closed at 15,088. In bullion market, gold prices advanced further to close at Rs.12,350/10gm and silver closed at Rs.24,390/kg.
3. Major domestic airlines in India have announced an increase of up to Rs.3000 in their base air fares.
4. India’s infrastructure boom has opened a door of opportunities for consumer durable companies, whose institutional business is zooming annually at 40% as compared to the 10% growth rate of retail business.
5. Indian government plans energy ties with Russia and Central Asian Countries (beyond OPEC) to meet it’s oil needs and for building energy security.
6. In India, there are no safety norms for toys. A recent study reveals presence of toxic heavy metals in intimate infant articles such as pacifiers, teethers and nipples. There is an urgent need of legislation to make BIS standards mandatory to be followed by the manufacturers.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment