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UK economic contraction slows; GDP falls 0.7% in Q2
The recession-hit British economy shrank less than expected at 0.7 per cent in the second quarter of this year, indicating that the worst of the financial turmoil could well be over for the country. http://smallpersonalloans.org.uk

Total inflow of funds in India to be $ 40 billion in 2010: Uday Kotak
Hinting at a buoyant economy in 2010, Uday Kotak, vice chairman and managing director, Kotak Mahindra Bank Ltd said that the total inflow of funds in India, comprising of insurance, FIIs and mutual funds may touch $ 40 billion.

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Nasscom calls for greater industry-govt partnerships
In addition to the slowdown which is taking its toll on the economy, the IT industry faces multiple challenges, including a decline in sourcing spends, price reductions, competition from other countries and protectionism.
Business Ideas

MCL observes World AIDS Day

Mahanadi Coalfields Limited (MCL) organized an awareness camp at its headquarters at Burla near Sambalpur in association with the Young Men Christians" Association (YMCA) on the occasion of the World AIDS Day. Free comdoms and pamphlets on HIV/AIDS were distributed to the truck drivers on the occasion. - Nalco offers cash incentive for ash disposal - MCL"s mineral operations hit land hurdle - Consumers peeved at inferior coal quality - MCL mining contractors to go on strike from October 1 - Infra constraints at Talcher hit coal supply - MCL"s pipe water supply scheme faces delay The truck drivers were also educated on the evils of unprotected sex and ways to combat the dreaded disease. MCL"s medical department also organized a family planning operation camp on the occasion which saw 162 cases being registered for laparoscopy. The patients and their attendants were provided food packets and lunch by MCL. Seventy cases of laproscopy were performed by dr Jaydeve Meher till lunch.


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