rediff BusinessIndia's largest news and entertainment service online.How much does it cost to feed your family- (Found July 8, 2008 ) A look at the goods, from wheat to chicken, that are driving a global crisis--and raising food prices in your neighborhood.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/08food.htm Why G8 Summit is crucial for Dr Singh and Japan PM- (Found July 8, 2008 ) There seems to be more in common between the predicament that faces Japanese Prime Minister Yasuo Fukuda and the dilemma that has dogged Indian Prime Minister Dr Manmohan Singh than it would appear at first sight.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/07summit.h... Asian economies should be given their due: PM- (Found July 8, 2008 ) Dr Singh said that there was a need to re-look at the balance of power in the international financial systems. He said that this has been necessitated by the fact that bulks of the world's savings originate in Asia today and western institutions act only as intermediaries. This is a new power that the countries of Asia have acquired collectively, he said, and need to be given their due. The prime minister said: "The world system is not a morality play; it is a power game."http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/07pm.htm US expects 40 per cent rise in visa applications- (Found July 8, 2008 ) The application for visas to the United States is likely to increase by about 40-50 per cent in the coming five years, said Henry V Jardine, Consul General of the United States at the Bengal National Chamber Of Commerce and Industries in Kolkata.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/08visa.htm ADAG eyes 51% in MTN via share swap- (Found July 8, 2008 ) The MTN-Reliance Communications merger, if it gets through, will create a telecom behemoth of 115 million subscribers in 25 countries.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/08mtn.htm Rupee fall may not help IT companies in Q1- (Found July 8, 2008 ) Mark-to-market losses due to the unexpected fall of the rupee against the US dollar, euro and pound; the impact of wage increases in the first quarter; a stagnant global economy; and margin pressure owing to inflation are expected to impact the rupee-term fortunes of Indian IT firms that will declare their quarterly results for the April-June 30 quarter beginning this week.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/08rupee.ht... Health ministry to oppose JTIL proposal- (Found July 8, 2008 ) The health ministry plans to oppose the application from Japan Tobacco International Ltd, the world's third largest tobacco company, to the Foreign Investment Promotion Board to raise its stake in its Indian venture from 50 to 74 per cent. The application is slated for consideration in the FIPB meeting on Tuesday.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/08health.h... Anil's men skip Mukesh peace meet- (Found July 8, 2008 ) A day before the deadline of exclusive takeover talks between Anil Ambani's Reliance Communications and South African company MTN expires, Reliance Industries has invoked the dispute resolution clause of the non-competition agreement against RCom. However, RCom plans to go ahead with its proposed merger with MTN without taking RIL's claim into account.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/08anil.htm China and India knock on G8's door- (Found July 8, 2008 ) A club of the world's leading nations is starting to look hollow without China - the fourth-largest economy in dollar terms, according to the World Bankhttp://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/08india.ht... Global players in race for multi-crore electric loco project- (Found July 8, 2008 ) The Cabinet Committee on Economic Affiars had approved the Rs 1,293 crore (Rs 12.93 billion) greenfield project spread across 450 hectares. British consultancy firm Mott Macdonald has been engaged to prepare bid documents for the procurement. As a special railway joint venture project, it envisages manufacturing locos with 12,000 HP to carry 5,000 tonnes of freight at 100 km per hour on all terrains.http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/07loco.htm |