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Wednesday, February 08, 2012 India

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India 2/8/2012

19:15 : Sustaining farm growth; Investment to yield result - India has been striving to achieve 4% growth rate in farm output since the beginning of Ninth Five-Year Plan. However, actual growth rate has remained invariably lower.
18:05 : On layoffs, India Inc still leaves employees in the lurch - On layoffs, India Inc still leaves employees in the lurchLayoffs are inevitable, but cos that lead staff to the exit door gently are more likely to attract talent in the future.
13:57 : India concerned over Chinese presence in POK - India's concern over the presence of Chinese troops in PoK was raised by External Affairs Minister S M Krishna today in his talks with Chinese leaders.
10:18 : E-tailing in India to touch $ 70 bn by 2020 - The total size of business of selling retail goods on the internet, commonly known as e- tailing, is set to touch USD 70 billion mark by 2020 in India.
07:53 : India Trying to Help Debt-Ridden Airlines the Wrong Way? - Two wrongs don't make a right. India's beleaguered aviation sector needs a boost. But letting airlines avoid punitive state taxes by directly importing fuel isn't smart. Some tax is necessary to pay for environmental costs.
Source : ibtimes-com
07:47 : Australia-India trade to reach Rs 2L cr in three yrs - Australia is an important source for India's gold, chickpea, coal, copper ores, lead and wool requirements, as well as education and skills based training.
06:33 : Steel Authority Of India Raises Price Of Major Long Product By 6.6% - Steel Authority of India Ltd. (500113.BY) has increased the price of TMT bars, its major long product used for constructing buildings, by 6.6% to INR40,000 a ton, the state-run company said on its website Wednesday.
Source : foxbusiness-com
05:05 : Telenor reports 4Q loss of India writedown - OLSO, Norway (AP) -- Norway's Telenor said Wednesday that a court decision in India to cancel all operating licenses of its Uninor subsidiary led to a 1.9 billion kroner ($330 million) fourth-quarter loss....
Source : usnews-com
02:55 : Mauritius hopeful of addressing DTAA issue with India - Mauritius PM said a "mutually satisfactory" solution can be found about the alleged misuse of its Double Taxation Avoidance Agreement (DTAA) with India.
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