All India Motor Transport Congress (AIMTC) would start nationwide strike from Monday. Transporters have been demanding decline in diesel price by Rs 10 per litre and uniform VAT of 4 per cent on fuel.

They alleged that government failed to save the interest of transporters while announcing special measures for other sectors in the recent stimulus package. Government should immediately pass benefits of reduction in prices of crude in international market to customers. It may be recalled that international crude rates currently stand at $38 from peak level of $147 during August 2008.
 

Prominent credit rating agency Moody’s forecasts large scale decline in Indian export within next six months. Indian exports will decrease following decline in demand in markets of developed nations including US and European countries.

Painting a gloomy picture for year 2009, Moody added, "A sharper slowdown in exports is expected in the first half of 2009, putting more downward pressure on the trade balance."

Katrina Kaif’s absence from Salman’s birthday party was seen as problem in couple’s relationship.

Well, the sassy seductress has stopped all conjectures by spending New Year eve with her beau ‘Sallu’.

Katrina joined Sallu’s family in their farm in Panvel to celebrate the New Year party.

Katrina had flown all the way to London to celebrate Christmas with her family members.

A day before leaving, she injured her leg while shooting for Priyadarshan's upcoming movie ‘De Dhana Dhan.’

Indian equities welcomed the new year (2009) on a bullish note. Midcap and Smallcaps showed upbeat reaction all through the week.

The 30 share index, Sensex gained 629.3 points to 9,958.22 during the week, which ended on January 02, 2009. In contrast, the broad based NSE Nifty made 189.5 points to 3,046.75 during the same period.

During the week, Mid-cap stocks recorded 284.5 points to 3,391.18, while Smallcap shares zoomed 321.91 points to 3,870.45.

Philips has made announcement about the launching of Xenium X710 dual SIM phone in the Russian market.

The Xenium X710 dual SIM phone has dimensions of 113.6 x 49.1 x 16.9 mm. Also the weight of this phone is just 114 grams.

With 2.4 inch TFT display screen, the newly launched phone can produce 262 thousand colors.

This new phone from Philips has got an internal memory of 20 MB. Its memory can also be expanded up to 8 giga bytes (GB) through microSD card.

Moreover, the phone is compatible with tri-band GSM/GPRS/EDGE networks.

Cast:  Nicole Kidman, Hugh Jackman

Director: Baz Luhrmann

Baz Luhrmann’s latest movie, Australia has failed to pull off a David Lean style sprawling epic.

The film is a stimulating mix of romance, adventure and war, and is of old school, melodramatic, rather being classic.

The film dates back to 1939 Australia and stars Nicole Kidman as Lady Sarah Ashley, a courageous Brit widow, who tries to save her ranch from an evil cattle baron.