The biggest steel maker in the world, ArcelorMittal has decided to reduce production of steel following slow demand due to global economic crisis. Its margin has been impacted due to slow demand by reality and automobile sector. Analysts of Citigroup Inc., Johan Rode and Peter Marcus has forecasted the decline in demand in the coming year. Many Russian, South Korean and Japanese steel giants have already decided to reduce production after noting decline in demand.

German luxury car manufacturer, Audi launched a super sports model 'Audi R8' in India. The mid-engine sports car is available at Rs 1.17 crore including central sales tax, transportation and other charges.

The sports car is equipped with an engine displacement of 4,163 cc and a power output of 420 hp. It can attain a maximum speed of 301 km. R8 comes with six-speed R-tronic gearbox and an all-aluminium space frame body. It's highly sophisticated interior and exterior design offers luxurious feel to driver with a number of interior options. The company is committed to make it as the most successful premium brand by 2015.

Indian core industrial sector registered a growth of 5.1% in September, as compared with 2.3 per cent during August this year. It would help to improve overall industrial index production (IIP) numbers which declined in August. The six core industries contribute 26.7 per cent to IIP and the recovery of growth is a healthy sign for the economy. It is also good news for the government in the election year as it is tense over retrenchment drive by some companies following economic slowdown.

The SRK-Aditya Chopra reunion film, 'Rab ne Bana di Jodi' is being considered a huge release, and the expectations from the music of the film are sky high.

With Jatin-Lalit having composed the music for 'DDLJ' and 'Mohabbatein' - Aditya Chopra's hit films with hit music - composer duo Salim-Sulaiman and lyricist Jaideep Sahni already had a lot to match up to.

In the opening track, 'Tujh Mein Rab Dikhta Hai', a melodious santoor is attention-grabbing. 'Haule Haule' by Sukhwinder Singh plays next, the clips of the song already been shown in the promos on TV.

At the inauguration of 'Ezhuthuvilakku' - the three-day state-level workshop for young and upcoming writers - Kerela Chief Minister, V. S. Achuthanandan, expressed his concern over Malayalam not being conferred the classical language status by the Centre, despite the fact that Malayalam had a rich literary tradition.

Urging the Union government to provide its support for research into various aspects of literature in all languages in the country, Achuthanandan said Malayalam should receive the same consideration as Kannada and Telugu got in this respect.

The astounding success of 'Golmaal Returns' has brought the much-needed respite to the film industry after a practically 'dry spell' of luck, following poor box office response to big budgeted films.

'Golmaal Returns'- produced by Shree Ashtavinayak Cine Vision Ltd and directed by Rohit Shetty - is a sequel to one of the biggest grossers of 2006, 'Golmaal.'