Archive for August 28th, 2008

India’s GDP growth dips to 7.9 %

Posted on August 28, 2008. Filed under: Economics | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

The rating agency, Moody has projected that India’s economic growth would decelerate to 7.9 % in the current fiscal from 9 % in 2007-08, on the backdrop of rising interest rates and slow credit growth. Led by the easing domestic demand, the private consumption growth is also likely to decline to 5 %. Moody’s economist [...]

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Hillary reaffirms her support for Obama

Posted on August 28, 2008. Filed under: Politics | Tags: , , , , , , , , , , , , , , , , , , , , , , |

Senator Hillary Rodham Clinton
Senator Hillary Rodham Clinton delivered an empathetic plea at the Democratic National Convention to unite behind her rival, Senator Barack Obama, no matter what ill-will lingered. Main task for Clinton did in her soaring and unconditional language in her 23 minute speech was to reaffirm her support behind Obama. Declaring herself to [...]

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Singur agitation takes a toll on investments in West Bengal

Posted on August 28, 2008. Filed under: Business | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Agitation in Singur has hit the construction work in Singur. Only 20 % of construction workers are present at the site. Mamata’s threat to intensify the agitation has increased the worries of officers and engineers working in the factory. Tata Motors officials admit that some of workers have said that it is not possible for [...]

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