ECONOMY & NATION


Smart grids, which increase the connectivity, automation and coordination between electricity suppliers, consumers and networks, will make the sector more financially viable, says an expert Globally, smart grids are becoming more popular. Power distribution in India has also not been...

Read More



Loan growth is slow. Why then are interest rates still so high? In the 1980s, there was a band of high-profile bond traders who used to sell bonds heavily whenever they suspected that the central banks were not acting strongly and quickly enough to reduce deficits, government borrowings and...

Read More



Instead of producing 10 to 15 in-house shows and serials, big media houses are now tying up with individual producers and scriptwriters for good quality content Big media houses are finding it difficult to generate good content and are now eying to tie up with well-known writers and...

Read More



Following tough competition from China and South Korea as well as lack of incentives, many Indian textile exporters are unwinding their positions from traditional markets like the US and the EU. These exporters are now focussing on markets like Japan, the Latin American countries, New Zealand...

Read More



Food inflation shot up to 15.6% for the second week of November on the back of spiralling potato prices, which have more than doubled in the past year, reports PTI. Other essential items like pulses and onion rose by more than 25% in the wholesale market, government data on inflation for the...

Read More



Promoters of various companies have been known to pamper themselves by allotting preferential shares at prices significantly lower than prevailing market prices. With equity markets enjoying a solid run, greedy promoters seek to make a killing by allotting shares of the company to themselves...

Read More



After witnessing astronomically high premiums, office rents in central business districts (CBDs) of all major Tier I cities are falling and there are some offices available on rent for as low as Rs20 per sq ft, said property dealers. “The total market revival across the key real estate...

Read More



Countries look to park their funds in the yellow metal due to a falling US dollar and diminishing yields from government securities The month of December 2009 is expected to be very exciting for gold lovers, bullion dealers, speculators and central banks as the International Monetary Fund...

Read More



Sales of 2&3BHK homes are picking up in Mumbai, Delhi, Pune, Bengaluru, Chennai and Hyderabad Real-estate developers and consultants have been claiming that one bedroom-hall-kitchen (1BHK) homes were the best-selling product during the July-September 2009 quarter. But this trend does not...

Read More



The investment case for gold has become increasingly compelling with central bank buying and a structural change in interest in gold as an investment product among retail customers, said Standard Chartered (StanChart) in a research note. “Although the upside will be capped by lower jewellery...

Read More



Pranay Vakil, chairman, Knight Frank India, highlights 10 home truths that the real-estate industry realised during the downturn that lasted around 18 months 1. Liquidity is vital: Developers realised this when sales volumes declined drastically due to the liquidity crunch. Developers...

Read More



Segment sees strong growth, but sales of electronic two-wheelers have stagnated The domestic sale of mopeds for April-October 2009 grew nearly 27% on the back of availability of finance, lower interest rates and the festive season. TVS Motors, which is the only company to manufacture...

Read More



Winemakers see stocks piling up for want of takers due to the ongoing slowdown Although Cyclone Phyan hit Nashik a week back and damaged a major portion of the grape crop under cultivation, consumers might not have to pay much for their bubbly in the coming months as last year’s recession...

Read More



Liases Foras has launched Ressex, a real-estate sensitivity index that will capture trends in price, inventory, sales and demand in six cities. Real-estate research firm Liases Foras has launched its Real Estate Sensitivity Index, or RESSEX, which will provide data on price, inventory,...

Read More



The textile sector was facing a slowdown last year, but a surge in exports may help it to achieve a turnaround, say industry experts The textile industry was hit hard by the global economic slowdown. However, it is now showing signs of recovery. Experts feel this is just the beginning of...

Read More



Strong Chinese import demand overcomes fears of global steel oversupply Iron ore prices have begun soaring since September 2009 from a bottom of $80-$84 per tonne and are now nearing their recent peak of $110-$112 per tonne of early August 2009. The cash prices for Indian iron ore exported to...

Read More



Apprehensive of high government borrowings and widening fiscal deficit, bond markets are looking for some respite from PSU divestment funds but see no chance of yields falling significantly Talks of the government’s burgeoning fiscal deficit have now reached a high pitch, giving vent to...

Read More



Falling yields on government bonds are being mirrored by the corporate bond segment, as sluggish credit growth and low interest rates lead to oversupply of money The Reserve Bank of India (RBI) has shied away from hiking interest rates, largely because credit growth has failed to match up to...

Read More



Pallabika Ganguly 19 November 2009
In the third part of his exclusive interview with Moneylife, Govind Shrikhande, president and CEO, Shopper’s Stop, explains to Pallabika Ganguly about how his company handles staffing issues and his strategy for category management ML: Are prices of real estate headed down? GS: The...

Read More



Short-supply and growing demand from states such as Orissa, Bihar and Andhra Pradesh have led to a rise in the price of jaggery. Prices of black jaggery in Andhra Pradesh have already surged by over 50% in October 2009 to Rs275-Rs295/10kg from Rs170-Rs190/10kg in October 2008. From November...

Read More

Free Helpline
Legal Credit
Feedback