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Sunday, Nov 22, 2009
 
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'Electorate in West Bengal wants change'22-NOV-09
Partha Chatterjee, an influential Trinamool Congress leader, tells Rajat Roy that his party wants balanced growth in industry and agriculture.
India third largest eco by 2050: US think tank21-NOV-09
India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said.
Nestle India posts robust growth in Jan-Sept21-NOV-09
Despite the economic slowdown, Nestle India, the food and beverages major, registered net sales of Rs 3,780 crore for January-September 2009, a 17 per cent jump as compared to the same period a year earlier.
Despite advisory, banks park funds with MFs21-NOV-09
“Credit growth is still subdued while deposits are growing at a much faster pace.
PM to focus on 9% growth rate for next few yrs20-NOV-09
Prime Minister Manmohan Singh today said his agenda for the next few years is to bring India's economy back to 9 per cent growth rate and ensure the benefits of development reach everyone.
Shell Lubricants says India to be key driver of its growth19-NOV-09
The company also announced the introduction of a customised lubricant for CNG vehicles.
TCS engg services business sees growth, begins hiring19-NOV-09
Tata Consultancy Services, India’s largest information technology services provider, is witnessing positive movement in its engineering and industrial services (EIS), which was impacted by the economic slowdown.
Missing: An employment plan19-NOV-09
A number of recent incidents, many of which pose a threat to social order, highlight the stress that the economy faces in terms of generating jobs for larger numbers of aspiring young people. Between 12 million and 15 million new jobs need to be generated each year to accommodate new entrants into the workforce, beyond the number needed to take care of the backlog of unemployed. Only a small fraction of those numbers is actually available, particularly in the organised sector. The recent demand by the Maharashtra Navnirman Sena (MNS) that the State Bank of India recruit only Marathi-speakers for 1,100 jobs being offered in the state is an acute reflection of the problem — as is the fact that people with post-graduate management degrees have been applying in large numbers for clerical jobs in banks. As in most large-scale recruitment programmes in the public sector these days, the number of applicants is almost 100 times the number of openings.
Credit growth at over 9%, slowest in 12 yrs18-NOV-09
Credit off-take for the fortnight ended November 6 saw an increase of over 9 per cent -- the slowest growth in 12 years.
Sybase 365 continues robust growth in Asia market18-NOV-09
Sybase 365, a subsidiary of Sybase, Inc. (NYSE: SY), the global leader in mobile messaging and mobile commerce services, today announced further growth in the Asia market with its selection by eleven leading mobile operators to provide International SMS, MMS and GRX services.
Better times ahead for banking sector17-NOV-09
Better times are ahead for the banking sector as a revival in the economic activity coupled with inflation is likely to boost the credit growth in the second half of current financial year, says a study.
India's economy may grow by 6-7% in FY10: CII17-NOV-09
India Inc today projected the country's economic growth in the range of 6-7 per cent for this fiscal, but slackening global demand remains a major concern for the community, industry body Confederation of Indian Industry (CII) said.
IT ind revival by 2010; APAc to fuel growth: Gartner17-NOV-09
The information technology industry is ending its worst year ever with the worldwide IT spending expected to decline 5.2 per cent in 2009, IT research and advisory firm Gartner said.
Caterpillar determined to do better in India: CEO17-NOV-09
After a disappointing performance India last year, the world's biggest construction equipment maker, Caterpillar said it is "determined to do better" in the country.
D&B pegs GDP growth for Q2 FY10 at 6.3%17-NOV-09
Real Economy: IIP grew by 9.1% during Sep-09 after growing by an upwardly revised 10.9% during Aug-09, underpinning the sustained recovery path that the Indian economy has set upon. However, there exist certain downside risks to growth such as mounting inflationary expectations and a lower agricultural growth due to deficient rainfall.
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