Madan Sabnavis: Does core inflation really matter? Madan Sabnavis / New Delhi July 17, 2008, 0:13 IST Economists argue the RBI's actions would be different if it targeted 'core' inflation - but using this wouldn't really change things argues. A concept that has become pertinent today is core inflation. Central banks are supposedly looking at core inflation now because it is felt that what needs to be affected by monetary policy is not

INDIA has said it would show no flexibilities in the World Trade Organization (WTO) negotiations unless it gets a good package on liberalisation of services. Commerce and industry minister Kamal Nath said that unless binding commitments were made by developed countries in services, there would be no agreement in the Doha round.

INFLATION, currently at 11.89%, certain to play spoilsport to the Congress' chance in the coming elections, may also hamper UPA's search for the requisite number of members to ensure a victory in next week's trust vote. Although the trust vote has been necessitated by the Left withdrawal of support to the government over the Indo-US nuclear deal, it is price rise that is a much more potent electoral issue.

INFLATION is not necessarily a bad word. So it seems for the micro-credit industry if its growth trajectory and first quarter credit offtake are benchmarks. A cluster of large and mature micro-finance entities, many of whom are NBFCs with private equity funding, appear set for over 100% growths this fiscal as inflationary trends have triggered higher working capital needs for micro loanees.

UNIDO report puts Singapore on top NEW DELHI: India trails behind 40 other countries, including Thailand, Malta and Malaysia, in the field of industrial competitiveness, according to a report by the United Nations Industrial Development Organisation (UNIDO).

NEW DELHI: Delhi Bharatiya Janata Party president Harsh Vardhan on Monday said the Delhi Government's indifferent attitude and the constant increase in prices of household goods had not only affected the residents but also harmed trade and industry in the city. Claiming that trade in the Capital had decreased by 20 per cent, Dr. Vardhan said revenue for the Delhi Government had declined as a result. Adverse affect

S. Rajendran Farmers will have a role in industrial land development Theme of the changes has been termed

DH News Service, Bagalkot: Goa-based company Tungabhadra Minerals Company will set-up a Rs 25,000 crore steel plant in the district, Large and Medium Industries Minister Murugesh Nirani stated here on Sunday. Nirani told reporters that in the first phase the company had agreed to invest Rs 10,000 crore and would be providing jobs for nearly 50,000 people. He said a team of senior officials from the company were already searching for a suitable place in the district to set up this mega plant.

Finally, it was left to the villagers of Sancoale, Verna and Keri to approach the Goa Bench of the Mumbai High Court through three separate writ petitions that challenge the allotment of land to the developers of the Special Economic Zones (SEZs), which were supposed to come up in Goa. The petitions say that the SEZs were allotted land by the Goa Industrial Development Corporation (GIDC) in gross violation of the law.

The Himachal Pradesh government today cleared nine new industrial projects, bringing in additional investment of nearly Rs 1,095 crore in the state, which will mostly be concentrated in the industrial belts of Solan, Sirmaur and Una districts. The proposals were cleared at a meeting of the state-level single window clearance and monitoring authority, held here this afternoon. Chief Minister Prem Kumar Dhumal, who is also chairman of the authority, and also holds industrial charge, presided over the meeting.