The Financial ExpressThe Financial Express Online EditionJust how many brains does a PC need- (Found July 5, 2008 ) As far as consumers were concerned, Intel made Pentium chips and AMD made Athlon chips. Yet that hasn't been the case for a while now, and in the last few years, the choices facing consumers when they go to buy a PC have mushroomed.http://www.financialexpress.com/news/Just-how-many-brains-does-a-PC-need/331456/ Airlines cut down on routes to curtail losses- (Found July 5, 2008 ) Having lost the battle against spiralling aviation turbine fuel costs, airlines like the national carrier Air India, private carriers Jet Airways and Kingfisher, amongst others, have cancelled some of their routes to tide over the dip in traffic during the lean season.http://www.financialexpress.com/news/Airlines-cut-down-on-routes-to-curtail-losses/331468/ Bourses end in red for seventh week- (Found July 5, 2008 ) Sustained rise in the rate of inflation and firming up of crude oil prices continued to take its toll on the bourses with benchmark indices posting negative weekly closing for the seventh week in a row on Friday.http://www.financialexpress.com/news/Bourses-end-in-red-for-seventh-week/331638/ Ktaka panel mulls cut in tax slabs for CVS- (Found July 5, 2008 ) A Cabine sub-committee, formed by the Karnataka government, is likely to recommend a cut in the tax slabs for the capital value system and reduce the penalty under Sakrama scheme for regularisation of building bylaw violation.http://www.financialexpress.com/news/Ktaka-panel-mulls-cut-in-tax-slabs-for-CVS/331683/ Trent to invest Rs 2,000 crore for 50 Star Bazaar hypermarkets- (Found July 5, 2008 ) Amidst rising inflation and high real estate costs, the retail arm of the $9.7 billion Tata group, Trent Ltd, is setting aside a fresh investment budget to spearhead its retail expansion plans in India.http://www.financialexpress.com/news/Trent-to-invest-Rs-2-000-crore-for-50-Star-Bazaar-hyp... Mayas Rs 136-cr plan to clock 5.7% farm growth- (Found July 5, 2008 ) Uttar Pradesh chief minister Mayawati blamed continuous negligence of the agriculture sector by previous governments for its dwindling growth rate.http://www.financialexpress.com/news/Mayas-Rs-136cr-plan-to-clock-5-7-farm-growth/331438/ Urgent priority for central banks is to cool inflation, says Reddy- (Found July 5, 2008 ) Higher and volatile prices of food, energy, and other commodities are causing a significant upside bias to inflation and inflation expectations across the world and the most urgent priority for central bankers is to calm nerves on inflation, said YV Reddy, governor of the Reserve Bank of India, in Manchester on July 1.http://www.financialexpress.com/news/Urgent-priority-for-central-banks-is-to-cool-inflatio... Inflation rises to 11.63%, bond yield at 7-year high- (Found July 5, 2008 ) Inflation accelerated to a fresh 13-year high of 11.63%, pushed up by rising prices of fruit & vegetables and fuel despite government attempts to keep the price line at a comfortable level. The cost of borrowing for 10 years climbed to the highest level since 2001 as t he yield on the benchmark 2018 bonds, reflecting the inflation trend and expectations, soared to a seven-year high of 9.18%, intra-day.http://www.financialexpress.com/news/Inflation-rises-to-11-63-bond-yield-at-7year-high/331... Tough time ahead for corrugated box industry, price rise imminent- (Found July 5, 2008 ) The domestic corrugated package industry has been going through very difficult times because of the hefty price rise in all major raw materials, mainly kraft paper, starch powder, and stitching wire, which comes to over 70% of the total input cost.http://www.financialexpress.com/news/Tough-time-ahead-for-corrugated-box-industry-price-ri... FE Editorial No truck with reforms- (Found July 5, 2008 ) Strikes by truckers protesting taxes and other matters concerning government policy have become an annual event. The government has, on all occasions, managed to mollify the agitating truckers-strikes are broken with the announcement of a few concessions, as was done this week.http://www.financialexpress.com/news/FE-Editorial-No-truck-with-reforms/331428/ |