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Shabbir bhimani News
Shining glory for gold and silver Gold is near its all-time high. Gold is inching up in recent months after the financial turmoil across the globe from constant buying by central banks and from investors. Demand from the local market in the last quarter is holding at a better position compared to the one of the exception lows witnessed in the earlier part of the year. But still it was very low compared with the last year sale for the
Smooth sailing towards profit
On a resurgent note, freight rates have increased in the past year which has brought back shipping companies to make profit. Freight rates for dry bulk carriers raised on account of huge import of
A steely competition from China
It is being reported that the Chinese government is contemplating to build "one or two giant steel factories" as super scale steel complexes with an aim to produce more than 100 million tonnes of
Road to build infrastructure
The Prime Minister's Office and the Planning Commission have indeed taken some bold steps to accelerate the ambitious national highway project. They are contemplating necessary changes in the law
Veg oil imports rise to Rs 28000 cr
Import of vegetable oil - edible oil, non-edible and vanaspati - in 2008- 09 (Nov - Oct) touched an all time high of 86.6 lakh tonnes, an increase of 37% from 63.1 lakh tonnes in 2007 - 08. According
'To propel GDP growth by speeding reform processes'
While presenting his inaugural address at the Indian Economic summit, organised by the World Economic Forum and CII at New Delhi, the Prime Minister, Manmohan Singh, has assured the industry gathering |
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