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How India survived the tsunami
A year after Lehman Brothers, the 158-year-old Wall Street investment bank, filed for bankruptcy — signalling the global financial system’s descent into Great Depression II — the Bombay Stock Exchange (BSE) Sensitive Index has risen 16 per cent, after having hit a low of 8,160 in early March. http://smallpersonalloans.org.uk

GPL confident of converting minor port into deep water one
Hoping to bag environmental clearance by this month end, Gopalpur Ports Ltd (GPL) is confident of converting the minor port in south Orissa into an all weather deep water one within 24 months, two years ahead of the stipulated timeframe.

News of the day

Three Indians attacked in Australia
After a brief lull in attacks on Indians in Australia, three members of the community were "brutally bashed" by a group of around 70 youths, including women, who were attending a birthday party in a bar here after making racist remarks against the trio.
Small Business

India's demand for sugar led to higher global India"s demand for sugar led to higher global Press trust of India / New Delhi July 14, 2009, 15:08 IST

Cox & Kings Q3 net jumps 88% to Rs 19 cr UCO Bank seeks shareholders" nod for fund raising However, in the domestic wholesale market sugar prices have jumped by over 45 per cent to Rs 2,475 a quintal in June 2009 from Rs 1,700 a quintal in July 2008. Consumers say they have seen a rise of nearly 59 per cent in retail prices during past one year. The retail prices of sugar were in the range of Rs 25-27 a kg in June this year as against Rs 17-19 per kg in July 2008. Pointing that the country"s estimated sugar production in the current season is 10.8-11.3 million tonnes less than the last season"s, Thomas said the lower production has put pressure on prices of sugar in the market. The sugar production in 2008-09 (October-September) is estimated to be in the range of 15-15.5 million tonnes compared to 26.3 million tonnes in 2007-08, he added.


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