State carrier Air India on Wednesday said that it has incurred a loss of Rs 5,548 crore in the fiscal year 2008-09. The Air India board, which met in Chennai, said the losses were primarily due to global economic slowdown, resulting in fewer passengers travelling and lower load factor.The loss comes in the wake of IATA forecast which had predicted that the losses in the aviation industry for the year...
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leading international endocrinologist David S.H. Bell has suggested setting up special State-run centres in different parts of the country and making an hour of playing in the school mandatory, as part of the measures to prevent growing incidence of diabetes and entailing complications.Warning that the cost could be horrendous if the epidemic of diabetes was not controlled, he said the government-sponsored...
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CORRESPONDENT
Mumbai
Oct. 30: The Indian auto industry has been the major beneficiary of the cutback on spending by the US consumers as it has kept global raw material prices low.
For instance, HR coil, one of the major raw materials for the automotive sector is 50 per cent cheaper as of now at about $600 per tonne against $1,200 per tonne a year ago.
The...
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Stocks maintain 13-month highs as dollar edges higher; Investor appetite for risk coolsInvestors cooled their buying of stocks and commodities, pausing from a surge that's carried major stock indexes to their highest levels in more than a year.Stocks edged slightly higher Tuesday, a day after the Dow Jones industrials shot up 200 points for the second time in three days. Following a recent pattern,...
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Barring intra-day corrections, the market displayed a firm trend throughout the week. The Sensex rallied 4.27 per cent (691 points) to end at 16,849. IT, metals and select banking stocks were the major gainers during the week.Among the index stocks — Tata Motors zoomed nearly 9 per cent to Rs 570. Reliance backed by the new oil find and bonus issue surged over 8 per cent to Rs 1,957. The company’s...
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Management SPT Sports hopes to provide what’s been long missing in Indian sports — better infrastructure and management solutionsThere are many reasons why a nation of more than a billion people is not able to produce more world class champions and win medals at major international competitions such as the Olympics. One of the major factors is the lack of professional management. Barring sports like...
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Suicide is now seen much more as a sociological problem than one relating to an individual.This phenomenon is growing in India with the latest figures showing a 28 per cent jump over the past 10 years.In 1997, 95,829 people committed suicide and by 2007 the number of persons taking their own lives went up to 122,637, according to the National Crime Records Bureau (NCRB).The NCRB says Maharashtra, followed...
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Road accidents will be one ofthe leading causes of death in south east Asia by 2030, areport released by the World Health Organisation says.According to the WHO findings, 33 people are killedevery hour in road accidents in the region and the number ofinjured in such mishaps is also rising over the years."Road traffic injuries were the ninth leading cause ofdeath in 2004 and will rise to fifth position...
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among every five men and one among every four women have been found unemployed in Bihar, according to a survey conducted by the Indian Institute of Population Sciences (IIPS) on a total of 8,136 youths.Discussing on the survey results, Dr Faujdar Ram told newspersons here yesterday that the rates of unemployment had been found to be high among the educated people, as compared to that of uneducated...
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Accidents, that too the ones that happen on roads, apart from fatalities occurring from calamities — the dreaded tsunami comes to mind and terror attacks — are not as inevitable as one would imagine makes out to be.Road mishaps can be easily prevented as they requires simple pre-requisite - sticking to traffic rules, avoiding drunken-driving.In the light of such tragedies happening on roads, the World...
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