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Two-wheeler sales rise 20 per cent
Sales of two-wheelers in the month of July grew by 20.1 per cent over the same month last year, at 719,668 units, the highest growth till date in 2009–10. This strong growth comes on the back of Hero Honda, which has around 60 per cent of the market share, Yamaha, and Suzuki posting double-digit growth for the month.

BASIC Group joins hands to shape Copenhagen-II
Sees itself as spearhead for G-77, to press for twin-track talks in run-up to Mexico.

News of the day

IT, banking shares pull down Sensex
Continuing its yesterday pullback coupled with strong cues fromm global markets, the Sensex opened with a positive gap of 110 points at 17,069. The index soon spurted to a high of 17,121 and thereafter exhibited firm trend till noon trades.
International Business

Situation in North-East far from comfortable: PM

As violence in Manipur and Assam continued unabated, Prime Minister Manmohan Singh today said situation in the North-Eastern states was far from comfortable. - Diverting attention - NHPC suffers loss of 100 mn unit at two power plants - NHPC replaces NEEPCO to build Manipur"s Tipaimukh Dam - Ten-member Bangla delegation to visit India next week - Union budget "frustrating" for Northeast, says minister - Manipur declared drought-hit "The situation in the North-Eastern parts of our country is far from comfortable. In two of the states, Manipur and Assam, current levels of violence give us cause for concern," he told a conference of Directors General and Inspectors General of police organised by Intelligence Bureau. The Prime Minister said extortion and intimidation have become a menace across most of the states in the region. "It should be possible, I believe, to bring about a substantial improvement in the situation if there can be better security management," he said. Asking the DGPs of the North-Eastern states to insist on and achieve higher levels of professionalism from the forces they command, the Prime Minister said "firm but compassionate handling of law and order matters, can certainly bring about substantial improvement in the prevailing state of affairs".


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