Thursday, May 15, 2008

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Jaipur blasts won't affect investment climate: FM
    BALM AFTER BLASTS: FM says country was expecting over 8 per cent growth this fiscal despite high inflation.Investment rate in India was over 36 per cent during last fiscal.
Toyota agrees 30 per cent plus steel price hikes
    PRICE HIKE: Toyota agrees to pay top steelmakers over 30 per cent more sheet of steel.Toyota agrees to pay top steelmakers over 30 per cent more sheet of steel.
Oil prices ease, Iran soothes fears over production
    EASING OFF: The market had hit a new record of nearly $127 the previous session.The market had hit a new record of nearly $127 the previous session.
Govt convinces steel cos to lower prices
    FALLING IN LINE: Steel producers, including Jindal Saw and Bhushan Steel had agreed to lower prices.The Govt wants steel companies to cut prices so it can control inflation.
Land freed up, homes may come cheaper in metros
    HOMES ABOUND: Demand for houses in the metros has already reduced by 40 to 50 per cent.5 million square feet of residential space under construction.
Rent hits the roof, business counts costs
    PROFIT MARGIN: Paying for rent costs a lot to small businesses and retailers.Shopkeepers to big showrooms pay through their nose to hire space.
Deora asks for bonds to cover oil cos' losses
    HELP NEEDED: Murli Deora met the P Chidambaram in New Delhi to discuss the issue.Deora met the P Chidambaram in New Delhi to discuss the issue.

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