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CII projects 6.1-6.5% GDP growth this fiscal
Lower interest rates, cheaper commodities may drive growth

Vizag Port to expand cargo handling capacity
VISAKHAPATNAM: With the help of private investors, Visakhapatnam Port Trust (VPT) will enhance its cargo handling capacity from 62 million tonnes to 125 million tonnes by 2012. The capacity increase through modernisation of existing ...

SBI cuts deposit rates by 25 bps
MUMBAI: State Bank of India on Saturday reduced the deposit rates by 0.25 percentage point on all tenures with effect from May 4. With this, one-year to less than two-year deposits will now attract a rate of 7.50 per cent as against ...

Gulf Air to cancel Jet lease deal
DUBAI: Bahrain’s national carrier Gulf Air has walked away from a deal to lease four Boeing 777 aircraft from India’s Jet Airways, citing economic conditions. Gulf Air said it had an option to lease the aircraft after an ...

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