Union Finance Minister, P Chidambaram said that government would take all possible steps to help industry in the hour of crisis. It has already taken many fiscal measures with the help of reserve bank to improve liquidity and increase demand for industry.
Parliament has approved Rs 1.05 lakh crore, besides Rs 6.5 lakh crore proposed in the budget in February. The finance minister also asked for price cut to boost demand amid global slowdown. He said that rupee condition would soon improve following steps taken by government.
With the concern to the financial Crisis in the global economy and the quake in Human skills recruitment and utility of Organizations, CII - LM Thapar Centre for Competitiveness for SMEs organized a One Day Workshop on "Executive Programme on Metrics and Balanced Scorecard" at CII (Confederation of Indian Industry), Gurgaon on 15th November. A total of 43 delegates from Top Managerial profiles of various sectors - Service, Manufacturing, IT and Finance reaped benefits out of the highly productive workshop.
The UPA Government, with support of the Union finance ministry, is closely watching the ever changing financial market conditions and is concerned over the tight economic conditions. Prime Minister Dr. Manmohan Singh, who himself is an eminent economist, reviewed the economic situation with key government functionaries and ministers. PM sought information on measures taken by the government to ease liquidity conditions in the financial system. Earlier, Dr. Singh had formed a penal of senior officials to keep vigil on the changing market conditions.
At the ongoing World Economic Forum-India Economic Summit, Arun Nanda, executive director (infrastructure development sector) of Mahindra and Mahindra, said, "Affordable housing market has a huge demand with consumers just sitting on the fence and waiting to get a clearer picture of the ongoing financial crisis.”
The Mahindra group has a wholly-owned subsidiary, Mahindra Lifespace Developers Ltd, operating in the infrastructure development segment.
The fears of low placement period for management students in the coming months may prove wrong as the summer placements at the Indian Institute of Management, Bangalore, were encouraging. The placement session ended on Saturday.
A total of 24% of the batch of 268 students confirmed positions in consulting firms cutting across finance, strategy and marketing functions. The single largest consulting sector recruiter was McKinsey and Co, which took five students.
New Delhi - Indian Finance Minister P Chidamabaram on Tuesday asked industry to cut prices and maintain production levels and said he was confident that the economy would bounce back in a year, news reports said.
"We will take steps to stimulate the domestic economy to compensate for the downside caused by the downturn in the world economy," Chidambaram said at the Davos-based World Economic Forum's India Economic Summit in New Delhi.
Union Finance Minister, P Chidambaram said that government would take all possible steps to help industry in the hour of crisis. It has already taken many fiscal measures with the help of reserve bank to improve liquidity and increase demand for industry. 
With the concern to the financial Crisis in the global economy and the quake in Human skills recruitment and utility of Organizations, CII - LM Thapar Centre for Competitiveness for SMEs organized a One Day Workshop on "Executive Programme on Metrics and Balanced Scorecard" at CII (Confederation of Indian Industry), Gurgaon on 15th November. A total of 43 delegates from Top Managerial profiles of various sectors - Service, Manufacturing, IT and Finance reaped benefits out of the highly productive workshop. 
The UPA Government, with support of the Union finance ministry, is closely watching the ever changing financial market conditions and is concerned over the tight economic conditions. Prime Minister Dr. Manmohan Singh, who himself is an eminent economist, reviewed the economic situation with key government functionaries and ministers. PM sought information on measures taken by the government to ease liquidity conditions in the financial system. Earlier, Dr. Singh had formed a penal of senior officials to keep vigil on the changing market conditions.
At the ongoing World Economic Forum-India Economic Summit, Arun Nanda, executive director (infrastructure development sector) of Mahindra and Mahindra, said, "Affordable housing market has a huge demand with consumers just sitting on the fence and waiting to get a clearer picture of the ongoing financial crisis.” 
The fears of low placement period for management students in the coming months may prove wrong as the summer placements at the Indian Institute of Management, Bangalore, were encouraging. The placement session ended on Saturday. 
New Delhi - Indian Finance Minister P Chidamabaram on Tuesday asked industry to cut prices and maintain production levels and said he was confident that the economy would bounce back in a year, news reports said.
