Chennai, Nov 7 IANS Following the "amicable termination" of the Ferrari contract, the Force India Formula One Team has taken yet another step forward with its 2009 revamp plans.
SPO25SportsForce India parts ways with FerrariChennai, Nov 7 IANS Following the "amicable termination" of the Ferrari contract, the Force India Formula One Team has taken yet another step forward with its 2009 revamp plans. Force India terminated its contract with Ferrari for supply of engine with one more year still to run. The reasons for the termination were not disclosed. Meanwhile, Force India's senior management structure will be streamlined with immediate effect, according to a press release  read more
Posted by IANS on Monday Nov 10
ANAND GUJARAT
BUS11Business/BusinessNational Dairy Development Board proposes Rs.173 bn planAnand Gujarat, Nov 5 IANS India's leading dairy development agency, the National Dairy Development Board NDDB, has proposed a Rs.173 billion draft National Dairy Plan to increase the country's milk production from the current 102 million tonnes to meet the projected demand of 180 million tonnes by 2021-22.NDDB proposed the draft plan in its annual report for 2007-08, a NDDB press release said here Tuesday. NDDB  read more
Posted by IANS on Friday Nov 07
Demand slump taking shine off Gujarat diamond industry
BUS10Business/BusinessDemand slump taking shine off Gujarat diamond industryBy P.S. AnantharamanSurat, Nov 5 IANS The Rs.700-billion $14 billion diamond cutting and polishing industry here employing some 700,000 people is fast losing its glitter due to a sharp slump in demand following the global financial meltdown.With the US market, which accounts for 40 percent of the diamond trade's exports, shrinking by more than 20 percent following the meltdown, the 5,000-odd diamond units in the western Indian state of Gujarat are facing an uncertain future  read more
Posted by IANS on Friday Nov 07
Sri Lanka lets more 'flexibility' in rupee-dollar exchange r
INT67International/EconomySri Lanka lets more 'flexibility' in rupee-dollar exchange rateBy P. KarunakharanColombo, Oct 30 IANS Sri Lanka’s Central Bank Thursday decided to allow the rupee exchange rate against the US dollar "to respond with greater flexibility” keeping in mind the recent sharp decline in export prices and prospects of lower export demand due to further slowing down in the global economy.The Central Bank in a statement said Thursday that the move was “particularly  read more
Posted by IANS on Friday Oct 31
Climate change, acid rain could be good for forests
Washington, Oct 26 ANI: A research spanning 20 years has determined that climate change and acid rain could actually be good for forests.The research was undertaken by scientists at Michigan Technological University's School of Forest Resources and Environmental Science in the northern hardwood forests of Michigan.The team reached a surprising conclusion that moderate increases in temperature and nitrogen from atmospheric pollution actually improve forest productivity.The researchers have been  read more
Posted by aniin on Sunday Oct 26
China at crossroads as world economy wobbles
ECO1Economy/EconomyChina at crossroads as world economy wobblesBeijing, Oct 13 Xinhua The global credit crisis freezing up the world's finances may be a blessing in disguise for China as it aims to modify its economic structure after three decades of breakneck growth.With its banks shielded from the worst effects of the crisis by its capital account control, plenty of liquidity and limited exposure to sophisticated derivatives, China still faces the effects of recession on its main export markets, the United States and Europe  read more
Posted by IANS on Tuesday Oct 14
Contingency plan for Bihar's flood-hit farmers
NAT15National/Disaster/EconomyContingency plan for Bihar's flood-hit farmersPatna, Sep 25 IANS Cultivating mustard in areas with sandy soil and sowing paddy instead of wheat are some of the suggestions in the contingency plan for flood hit Bihar prepared by India's top agriculture research body. With the Kosi river overflowing its banks and flooding large swathes of Bihar, the Patna based eastern zonal centre of the Indian Council of Agricultural Research ICAR has evolved a plan for farmers to deal with the crisis  read more
Posted by IANS on Friday Sep 26
Agri-growth to rise to 4 percent in West Bengal
ECO5Economy/NationalAgri-growth to rise to 4 percent in West BengalKolkata, Sep 22 IANS Agricultural growth in West Bengal will increase to four percent during the 11th Five Year Plan, the state government said here Monday."Due to increasing population and subsequent pressure on agriculture, growth in this sector has declined to 2.25 percent. But we hope to touch four percent in the 11th Plan period," Agriculture Marketing Minister Naren De told reporters. At the national level, agriculture grew at the rate of 4  read more
Posted by IANS on Tuesday Sep 23
WNS recognized at Third Annual CIO 100 Awards
Mumbai, Sept 22 ANI/Business Wire India: WNS Holdings Limited, a leading provider of global business process outsourcing BPO services, today announced it has been awarded the Storage Award 2008 by IDG's CIO magazine at a special awards ceremony, the CIO 100 Awards. WNS has been recognized for its innovative data storage solutions.CIO India selects organizations that exemplify the highest level of operational and strategic excellence in information technology IT. The CIO 100, 2008 awards theme  read more
Posted by aniin on Tuesday Sep 23
How gut bacteria can cause colon cancer
Washington, Sept 22 ANI: American scientists claim to have uncovered how a common gut bacterium causes colon cancer.The researchers have found that a molecule produced by common gut bacteria Enterococcus faecalis activates signalling pathways associated with cancer cells. Unlike most gut bacteria, it can survive using two different types of metabolism: respiration and fermentation. When the bacteria use fermentation they release by-products. One of these is a kind of oxygen molecule called superoxide, which can damage DNA and may play a role in the formation of colon tumours  read more
Posted by aniin on Tuesday Sep 23
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