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Monthly Archives: January 2009

IMF lowers India growth to 5 percent as global economy plummets

IMF lowers India growth to 5 percent as global economy plummets

Washington, Jan 29 The International Monetary Fund (IMF) has lowered India and China’s growth projections for 2009 to 5 percent and 6.75 percent respectively as it forecast world growth falling… Read more »

India cuts prices of transport, cooking fuels

India cuts prices of transport, cooking fuels

New Delhi, Jan 28 India late Wednesday allowed its state-run petroleum retail companies to cut the prices of gasoline, diesel and cooking gas. Petrol will now be cheaper by Rs.5… Read more »

Elecon unveils ‘In Case of Emergency’ software

Elecon unveils ‘In Case of Emergency’ software

Vallabh Vidyanagar (Gujarat), Jan 28 Material handling equipment manufacturer Elecon Engineering Wednesday launched a software that stores health information on mobile phones for use during crisis.

Himachal Pradesh to go ‘herbal’ with massive plantation drive

Himachal Pradesh to go ‘herbal’ with massive plantation drive

Shimla, Jan 28 Himachal Pradesh is going in for massive plantation of indigenous species, especially medicinal plants, to not just boost its depleting green cover but also transform the hill… Read more »

Norwest Venture to invest Rs.200 mn in IT firm

Norwest Venture to invest Rs.200 mn in IT firm

Bangalore, Jan 28 Norwest Venture Partners (NVP), promoted by angel investor Promod Haque, will invest Rs.200 million (Rs.20 crore) in infrastructure management services firm Appnomic Systems, it was announced here… Read more »

Venkataraman cremated with full state honours

Venkataraman cremated with full state honours

New Delhi, Jan 28 Former president R. Venkataraman, who passed away Tuesday, was cremated with full state honours here Wednesday afternoon with President Pratibha Patil leaing the nation in paying… Read more »

Insurgents impose Islamic law in Somali town

Insurgents impose Islamic law in Somali town

Nairobi/Mogadishu, Jan 28 (DPA) Somali insurgents have installed strict Islamic law in Baidoa, the seat of the Somali government, after taking control of the town.

Former Delhi Congress chief Ram Babu is dead

Former Delhi Congress chief Ram Babu is dead

New Delhi, Jan 28 Ram Babu Sharma, Congress legislator from north east Delhi’s Rohtas Nagar constituency and a former Delhi Pradesh Congress Committee (DPCC) chief, died early Wednesday after cardiac… Read more »

Lok Sabha battle in April-May, parties say ‘we are ready’

Lok Sabha battle in April-May, parties say ‘we are ready’

London/New Delhi, Jan 28 India, the world’s largest democracy, is to hold its next general elections in April-May, five years after the 2004 Lok Sabha battle dramatically brought the Congress… Read more »

Anil Ambani group bags third ultra mega power project

Anil Ambani group bags third ultra mega power project

New Delhi, Jan 28 The Reliance Anil Dhirubhai Ambani Group was Wednesday awarded its third ultra mega power project, set to come up at Tilaiya in Jharkhand with an investment… Read more »