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India Inc wants monetary, fiscal policies to continue
Industry bodies were enthused by the more than anticipated GDP growth of 7.9 per cent in the second quarter (Q2) of the current financial year, 2009-10, along with the increase in consumption and investment. However, they are apprehensive about the sustainability of growth.

India Eco Summit: Indians spending more on personal care
Shahana Joshi / New Delhi November 11, 2009, 0:34 IST

News of the day

GST may provide for rate changes outside Budget
The Centre and the state governments may retain the powers of reducing rates for the proposed goods and services tax (GST) without going through the Parliamentary process. Despite stability and uniformity of rates being the basis for the concept of GST, the model GST Bills are likely to have a provision for giving the governments the flexibility to bring down rates, though with a certain degree of discipline.
Small Business

Madhavan Nair takes over as President of IAA

G Madhavan Nair, Chairman of the Indian Space Research Organisation, has been appointed President of the International Academy of Astronautics (IAA). - Moon mission 110% success: Isro - Chandrayaan-I finds water on moon - India mulling deeper exploration of water on moon - Chandrayaan-1 was 110% success, says ISRO chief - Mars mission between 2013 and 2015: Isro - ISRO formally calls off Chandrayaan-1 moon mission: Nair The decision to elevate Nair, who was serving as Vice-President of Scientific Activities of the IAA for the last four years, was taken yesterday during its General Assembly meeting in Daejeon, South Korea, an ISRO statement said. The Paris-headquartered IAA is an independent organisation of distinguished individuals elected by their peers for outstanding contributions to astronautics and the exploration of space, it said.


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