The food processing sector in the country with its vast potential has emerged as one of the major driver of economic growth. It is encouraging to note that while the country's GDP growth rate had increase from 3.5 per cent in 2002-03 to 9 percent in 2006-07, the food processing sector has grown from 7 per cent to 13.1 per cent during the same period. India is a country of over 1.10 billion consumers, there is a large untapped domestic market of 1,000 million consumers.
The UT has already issued requisite directives to all the officers to start preparations for achieving the 'Solar City' target within the stipulated time frame. The administration said people should accept that they are in the middle of climate change and the frequency of natural disasters is increasing at an alarming pace.
In a research note, Standard Chartered Bank said continuing concerns over exportable surpluses should keep rice prices above $20 per quintal for most of the year. Among the concerns are export restrictions that could potentially increase inflationary pressures in importing countries that have few substitutes for rice. When the new crop arrives from Thailand it will exert downward pressure on prices.
While Indian IT majors are still far away from waking up to the looming threat of global warming, Dell is seriously converting to green power. Moreover, several India firms are still to make a serious effort to tackle the e-waste whereas Dell is now powering 100 per cent of its 2.1 million sq ft global headquarters campus, home to more than 10,000 employees, with green power.
Today's smartest investors are asking about India, not China. India has seven times more impact on the US than China! Smart investors know that Indian companies' return on equity is 21 per cent compared with 10 per cent for China.
According to news article posted on the World Gold Council web site, gold nanoparticles ten thousand times smaller than a human hair could be used to break down chemicals in drinking water and reduce pollution. It said the particles, which mix gold and palladium, are the creation of engineer Michael Wong from Rice University in Houston, Texas.
The consumer price index was estimated as being up 3.5 per cent in March from a year ago, the biggest increase in 15 years. On June 6, 2007, the European Central Bank raised its key interest rate from 3.75 pe cent to 4.00 per cent, the highest level in almost four years. In terms of economic freedom, old Europe still lags behind. The Heritage Foundation has the three largest economies, Germany, France, and Italy, ranked 19th, 45th, and 60th respectively in the world.
With Europe focusing still on price stability (i.e. inflation), the weaker economies of Europe are taking the strain as the Euro rises on the currency markets. Stronger nations like Germany are doing well internationally, so they are affected far less by a strong Euro than weaker states such as Spain, Greece and Ireland. This was reflected in the 9 per cent growth in Japanese exports last month, which saw 15 per cent growth in trade with China alone.
The short-term recommendations include improvements to regulatory coordination and oversight that regulators can make quickly. The blueprint recommends creating a new federal commission for mortgage origination to protect consumers better. The report also recommends modernizing the President's Working Group on Financial Markets and clarifying the Federal Reserve's liquidity provisioning.
As per financial astrology, bulls may now show their strength in stock, commodity market. Upward movement is expected to begin with Asian market followed by European and US stock markets. Therefore, investors are advised to invest in A grade stocks: metal, ifrastructure, oil and gas, telecommunications, automobile, FNGC, power. For heavy engineering, apex financial institutions, they should have 30 days' investment view.
Generally, it has been seen that commodity prices are driven higher by surging demand throughout the world. But the irony is that the latest surge comes amid concerns about a weaker global economy. At present, commodities prices are rising because the U.S. interest rates are falling below the rate of inflation.
Monsanto has envisaged the transfer of a gene from a blue flower to the cotton plant to produce blue cotton. Monsanto's current Blue Cotton programme is aimed at the jeans market ($10 bn in the US and 800 mn in the UK) and involves the transfer of a gene from a blue flower to the cotton plant. Coloured cotton is also being produced not only by conventional genetic selection but also by direct DNA engineering. Naturally coloured cotton is a new way to preserve the eco system.
The leverage of futures trading stems from the fact that only a relatively small amount of money (known as initial margin) is required to buy or sell a futures contract. On a particular day, a margin deposit of only $1,000 might enable you to buy or sell a futures contract covering $25,000 worth of soybeans. Or for $10,000, you might be able to purchase a futures contract covering common stocks worth $260,000.
Provision of safe drinking water is considered today as fundamental to good governance to promote good health and welfare of the people. The states strive to resolve the issue involved in making safe drinking water accessible to all and to tackle the ever increasing concerns of depletion of ground water tables and quality problems that affect its sources. Considering the magnitude of the problem, the Central Government supplements the efforts of the State Governments in this
Eben Esterhuizen, a financial news analyst and writer for The Panelist, asks the question of the month: is this the end of the commodity bull run? History suggests that commodity prices will move lower if the US enters a recession, and historical evidence also rejects the notion that emerging market growth will continue to support commodity prices during a US recession.
Is the bull market in commodities over? The 75 per cent reduction in the Federal funds rate and big rally in the stock market has some wondering if the whole cycle of monetary stimulus may be almost finished.
Minister of State for Textiles, E V K S Elangovan said the government expects an increase in employment of 45.19 million persons in the textile industry by the terminal year of the Eleventh Plan. Consequently, the total employment in the textile sector including allied industries is projected to increase to 105.39 million persons in 2011-12 from the present level of 88.02 million persons, resulting in a net addition of 17.37 million persons.
After a rally in gold that led to the international prices zooming to $1030 an ounce, will gold price reverse direction based on Wednesday's price level of $940?
The 'Ban Raj' is back. In an effort to rein in rising inflation, the Centre has banned export of all edible oils from the country.
A one day strike by the Agriculture Produce Marketing Committees of Gujarat on 18 March, 2008 protesting against taxing of marketing yards in the recent budget is much more than to do with any taxation. It is more to do with transparency.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances