India News

India’s IIP falls to 4.1 per cent in February

India’s IIP falls to 4.1 per cent in FebruaryAccording to the latest figures released, India's Index of Industrial Production has fallen to 4.1 per cent in February compared to 6.7 per cent in the same month in the previous year.

The index fell to 3.5 per cent during the April-February 2011-12 period compared to 8.1 per cent a year ago. Union Finance Minister Pranab Mukherjee has said that the government and the Reserve Bank Of India (RBI) will take steps to revive industrial activity in the country after disappointing figures were released.

David Dhawan proud of Katrina's 'Chikhni chameli'

David Dhawan proud of Katrina's 'Chikhni chameli'Mumbai, Jan 27 : Director David Dhawan, who worked with Katrina Kaif in "Maine Pyaar Kyun Kiya?", is impressed with the actress' "Chikni chameli" act, and is happy with the success of the song.

The director says he is happier because he credits himself for pioneering not just the trend of raunchy item songs, but also Katrina's career in commercial cinema.

"I started the trend of raunchy item songs with 'Sarkaiyee lo khatiya jaada lage' in 'Raja Babu'. And now look where it has gone," said Dhawan.

Want to move out of 'Kolaveri' shadow: 21-year-old composer

Want to move out of 'Kolaveri' shadow: 21-year-old composerNew Delhi, Jan 27 : He is all of 21 and can boast of over 38 million YouTube hits for his song. But Anirudh Ravichander, composer of the phenomenally popular Tamil-English number "Kolaveri di", is already trying to move out of its shadow.

" 'Kolaveri di' is in the past now; I am trying to move on to new projects," Ravichander told IANS in an e-mail interview.

Infosys net up 33 percent in third quarter

nfosys net up 33 percent in third quarterBangalore, Jan 12 : Infosys Ltd posted net profit of Rs. 2,372 crore (Rs. 23.7 billion) for the third quarter (October-December) of this fiscal (2011-12), registering a record 33 percent year-on-year (YoY) growth as per the Indian accounting standard.

Maruti Suzuki unviels compact SUV

Maruti Suzuki unviels compact SUVNew Delhi, Jan 5 : Automobile major Maruti Suzuki Thursday unvieled its new compact sports utility vehicle (SUV) on the first day of the 11th Auto Expo, terming the vehicle a bold new experiment.

"The choice of an automobile will be dictated more and more by the way of life of customers. We will launch new products and create new categories to their choice," Maruti Suzuki managing director and cheif executive Shinzo Nakanishi.

2G: Loop Telecom, Essar move high court

2G: Loop Telecom, Essar move high courtNew Delhi, Jan 5 : Loop Telecom and Essar Group, accused in the 2G spectrum scam, Thursday moved the Delhi High Court pleading that their case should not be heard by a special CBI court as they have not been charged under the Prevention of Corruption Act.

Gold prices fall as strong dollar decreases demand

Gold prices fall as strong dollar decreases demandThe price of gold has fallen to a seven-week low as a strong dollar resulted in lesser demand for the metal and no further stimulus measures by Federal Reserve.

The price of gold fell 2.3 percent to USD 1,625.30 an ounce. This is the lowest level sine October 21 on the commodity exchange. The price of silver also fell dropped 5 per cent to USD 29.70 an ounce on the exchange.

The price of the metal fell 2.6 per cent on Tuesday after the US Federal Reserve said that US economy has maintained its growth and it does not need any additional bolster the economy.

Delhi government to waive VAT on fertilizers

Delhi government to waive VAT on fertilizers The government in the Indian capital Delhi has decided to waive removes value added tax (VAT) on fertilizers in order to help farmers cope with rising prices.

Chief Minister Sheila Dikshit said that the government had received representations from farmers requesting for removing of the VAT, which ranged in the range of 5 and 12.5 percent, on fertilizers. While speaking in the aftermath of a Cabinet meeting, she said that she heard that farmers were facing difficulties because of the high tax rates on the fertilizers.

Government gives in-principle approval to three RRTS corridors near Delhi

Government gives in-principle approval to three RRTS corridors near Delhi The union urban development ministry has given its in-principle approval to three regional rapid transit system (RRTS) corridors connecting the national capital Delhi with neighboring cities.

Urban development minister Kamal Nath approved the concept proposal of implementing the RRTS in the three corridors connecting Meerut, Panipat and Alwar. The corridors will be built on the routes including Delhi-Gurgaon- Alwar, Delhi-Sonepat-Panipat and Delhi-Ghaziabad-Meerut.

Government may not increase Diesel, LPG prices, sources

Government may not increase Diesel, LPG prices, sources According to some sources, the diesel and LPG prices are not going to be increased by the government.

Sources indicate that the Central government is not likely to deregulate diesel prices as it will increase if the prices are freed. However, the hike in petrol prices of Rs 1.8 per litre is unlikely to be rolled back.

Trinamool Congress chief Mamata Banerjee has demanded that the petrol hike may be rolled back. The Centre has asked the West Bengal Chief Minister to reduce the
26% VAT levied on petrol in her State.

Blast Survivors Suffered Severe Injuries

Blast Survivors Suffered Severe InjuriesOn Wednesday morning, a terrible bomb blast created distressing scenario and casted severe injuries on many innocent people along with pushing them, along with their families, to experience a tough mental trauma.

Suzlon Energy bags 48.3 MW project from Indian Oil

Suzlon Energy bags 48.3 MW project from Indian OilNew Delhi, Aug 17 : Suzlon Energy Limited (SEL) Wednesday said it has bagged a second order from the Indian Oil Corporation Limited to set up, operate and maintain wind energy projects of 48.3 MW in Andhra Pradesh.

"The order comprises of 23 units of Suzlon's wind turbines, and the power generated will be sold to the local power utility," the company said in a regulatory filing.

Suzlon had earlier bagged a 21 megawatt wind power project in the Kutch district of Gujarat in 2009.

Pregnancy clause: Film frat divided on the issue

Aishwarya RaiMumbai, July 7 : The stalling of Madhur Bhandarkar's "Heroine" after it became known that lead actress Aishwarya Rai was expecting has stoked a debate on introducing a pregnancy clause in film contracts. Some feel it should be there, while others like Sushmita Sen and Ram Gopal Varma oppose it.

Aishwarya's pregnancy came as a big blow to Bhandarkar's ambitious project and he said he was "shocked" and "depressed" after the film was put on the backburner.

'Bhindi Baazaar Inc' shakes you, sometimes to core!

'Bhindi Baazaar Inc' shakes you, sometimes to core!Film: "Bhindi Baazaar Inc"; Director: Ankush Bhatt; Cast: Pavan Malhotra, Kay Kay Menon, Prashant Narayanan, Gautam Sharma and Deepti Naval; Rating: ***

You can take the gangster out of Mumbai, but you really can't take Mumbai out of the gangster genre of cinema. How many films have we seen where young people from the seamier side of Mumbai's notorious underbelly get into the world of crime and other furtive pleasures?

'Bbuddah...Hoga Terra Baap' Amitabh album all the way

Amitabh BachchanFilm: "Bbuddah... Hoga Terra Baap"; Music Directors: Shekhar Ravjiani and Vishal Dadlani; Lyricists: Vishal Dadlani, Swanand Kirkire and Anvita Dutt Guptan; Singers: Amitabh Bachchan, Vishal Dadlani, Monali Thakur, Shekhar Ravjiani, Sunidhi Chauhan and Abhishek Bachchan; Rating: **

The soundtrack of "Bbuddah... Hoga Terra Baap" is an all and all Amitabh Bachchan album with four out of five tracks sung by the megastar himself. The songs are not extraordinary, but one can hear it once.

'West Is West' an endearing slice-of-life drama

Om PuriFilm: "West Is West"; Cast: Om Puri, Linda Bassett, Ila Arun, Jimi Mistry and Aqib Khan; Director: Andy DeEmmony; Rating: *** 1/2

Twelve years have passed since "East Is East", the cult film on the blithe angst of the Asian diaspora in England, was made. In the sequel, which, let me quickly add, is a decent engaging and warm follow-up to the original film, the time-passage is condensed into a far more manageable time frame.

Commodity Trading Tips for Wheat by Kedia Commodity

Commodity Trading Tips for Wheat  by Kedia CommodityWheat yesterday traded with the positive node and settled 0.23% up at 1212.4. Government agencies and private millers procured more than 109.64 lakh tonnes of Wheat till 24th May whereas 102.17 lakh tonnes wheat procured last year. Out of total procurement of 10964631 tonnes of wheat Government agencies procured 108.77 lakh tonnes of wheat (99.4%) till date whereas private traders procured 60999 tonnes (0.6%) of wheat. In Delhi wheat prices dropped -4.8 rupee to end at 1192.1 rupees per 10 kg.

'Pyaar Ka Punchnama' delightful rugged romantic-comedy

'Pyaar Ka Punchnama' delightful rugged romantic-comedy Film: "Pyaar Ka Punchnama"; Cast: Raayo Bakhirta, Nushrat Bharucha, Sonalli Sehgal, Divyendu Sharma, Ishitta Sharma and Kartikeya Tiwari; Writer-Director: Luv Ranjan; Rating: *** 1/2

"Pyaar Ka Punchnama" packs in a precocious punch. In telling the story of three friends-cum-flatmates who get into 'serious' relationships with three self-serving working-class female monsters of the concrete jungle, debutant director Luv Ranjan gives us a film that's fresh, flavourful and finally hugely rewarding.

Sensex falls sharply, closes flat

Sensex falls sharply, closes flatMumbai, May 10 : A benchmark index for Indian equities markets fell sharply in the afternoon session Tuesday to close flat as selling pressure built up on heavy weights like HDFC Bank and Hero Honda.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,564.95 points, closed at 18,508.2 points, down 20.76 points or 0.11 percent from its previous close at 18,528.96 points.

It had risen to an intra-day high of 18,564.95 points, while it fell to a low of 18,429.06 points.

Hindi film industry wastes too much money: Anurag Kashyap

Anurag KashyapMumbai, May 9 : Filmmaker Anurag Kashyap, who has co-produced small budget films like "Udaan" and the upcoming "Shaitan" among others, says Bollywood wastes too much money on luxuries while making a film.

"The industry wastes so much money. We waste more money than we make. So the industry needs to gear up," the 38-year-old told IANS.

"When I produce films, we do it at a very tight cost and I think every filmmaker should know how to make a film at a very tight cost, specially the first-time filmmakers," said the director-producer.

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