Wednesday, April 9, 2008

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Survey predicts slowdown in world economic growth
    IMF SURVEY: Predictions say the US economy will grow by just half a per cent, while India and China will be better off.IMF predicts world economy will grow at a slower pace in the next two years.
Citigroup to sell loans to shield bank from debt
    SELLING LOANS: The loans are a part of $43 bn in financing that Citigroup agreed to provide for leveraged buyouts.The step would shield the bank from further declines in the value of the debt.
Gandrange crisis dents Mittal's Midas touch image
    HEAT IS ON: Mittal's decision to shut Gandrange plant resulted in 600 job relocations.Mittal's decision to shut Gandrange plant resulted in 600 job relocations.
Govt’s inflation panel to meet
    The meeting will look at measures to bring about an immediate relief from inflation.
FM proposes new pricing for spectrum allocation
    RIGHT FREQUENCY? A spectrum price of Rs 1,312 crore per mega hertz would be applicable with retrospect effect.A spectrum price of Rs 1,312 crore per mega hertz would be applicable with retrospect effect.
Monsoons may aid good food supply reducing inflation
    HARVEST RAIN: The Meteorological department expects the monsoons this year to be good. The Meteorological department expects the monsoons this year to be good.

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