The government would do all possible efforts to attract more tourists in India. It has proposed special incentives and packages to promote tourism. The central government has declared 2009 as the year to `Visit India' to make country as a favorite tourism location.
Public Sector oil marketing companies today announced to cut aviation turbine fuel (ATF) prices by 11 per cent following steep decline in crude oil prices in the international market. Crude oil prices fell to a four-year low of around $40 a barrel last fortnight following slow demand due to global financial crisis.
Aviation turbine fuel (ATF) contributes 50% of the operational cost of an airline. ATF demand has fallen by over 5% to 0.37 million tonnes in November as compared to a year-ago period. However, demand for petroleum products rose by 1.6% in November to 10.9 MT.
The state owned banks has finally announced special relief measures for home loan buyers and small scale enterprises (SME) after deliberations of more than a week. All 28 state-owned banks have revised home loan interest rates at 9.25% below Rs 20 lakh and
8.5% for loans up to Rs 5 lakh.
The move would prove helpful to lower and middle-income class besides increasing demand in the reality sector. Reality sector is facing the heat of global slowdown with significant decline in growth rate.
The buy back of equity shares of Rs 2 each has been approved by the Deccan Chronicle Holdings Ltd at a price not exceeding Rs 100 per share, aggregating to Rs 180 crores.
The maximum number of shares to be bought back, which represents 14.29 per cent of the paid up capital, should not exceed 3,50,00,000. Furthermore, the promoter holding shall not exceed 75 per cent of the paid up capital post buy back. 1,00,00,000 is the minimum number of shares to be bought back.
As prices in the global market continued to decline, vegetable oil imports increased 30 per cent in November compared with the same period a year ago. Total veg oil imports in the country shot up to 555,342 tonnes in November this year as compared to 427,912 tonnes in the corresponding month last year. Of this, edible and non-edible oil comprised 519,032 tonnes and 36,310 tonnes, respectively. Import of RBD palmolein was reported at 137,959 tonnes as compared to 30,014 tonnes in the same month last year. The share of refined oil increased to 27 per cent from 25 per cent in October this year.
The government would do all possible efforts to attract more tourists in India. It has proposed special incentives and packages to promote tourism. The central government has declared 2009 as the year to `Visit India' to make country as a favorite tourism location.
Public Sector oil marketing companies today announced to cut aviation turbine fuel (ATF) prices by 11 per cent following steep decline in crude oil prices in the international market. Crude oil prices fell to a four-year low of around $40 a barrel last fortnight following slow demand due to global financial crisis.
The state owned banks has finally announced special relief measures for home loan buyers and small scale enterprises (SME) after deliberations of more than a week. All 28 state-owned banks have revised home loan interest rates at 9.25% below Rs 20 lakh and 
The buy back of equity shares of Rs 2 each has been approved by the Deccan Chronicle Holdings Ltd at a price not exceeding Rs 100 per share, aggregating to Rs 180 crores. 
SRF Ltd, the domestic market leader in technical
As prices in the global market continued to decline, vegetable oil imports increased 30 per cent in November compared with the same period a year ago. Total veg oil imports in the country shot up to 555,342 tonnes in November this year as compared to 427,912 tonnes in the corresponding month last year. Of this, edible and non-edible oil comprised 519,032 tonnes and 36,310 tonnes, respectively. Import of RBD palmolein was reported at 137,959 tonnes as compared to 30,014 tonnes in the same month last year. The share of refined oil increased to 27 per cent from 25 per cent in October this year. 
