Economy may grow close to 8 percent in fourth quarter: Assocham

Economy may grow close to 8 percent in fourth quarter: AssochamNew Delhi, March 28 - The Indian economy could grow close to 8 percent in the last quarter of the current fiscal, while the overall growth for the year could be between 7.2-7.4 percent, according to an industry lobby.

"The gross domestic product growth figure could be close to 8 percent for the fourth quarter in view of sustained economic activities in manufacturing, exports showing recoveries and industry intensifying capacity utilization," said the Associated Chambers of Commerce and Industry of India (Assocham).

Oscar-nominated 'Nine' inspires show at WIFW

Oscar-nominated 'Nine' inspires show at WIFWNew Delhi, March 28 - Bollywood actress Deepika Padukone may have been the showstopper in G. Pia Fleming's collection at the Wills Lifestyle India Fashion Week (WIFW) but the designer's show itself was no less than a broadway musical.

And rightly so, as Fleming was inspired for her red carpet collection by Oscar nominated movie "Nine", a vibrant musical.

BP plans to expand Indian operation

British Petroleum British Petroleum (BP) is planning to expand its Indian operation. The energy giants said that it would be setting up a petrochemical plant with a capacity of 1 million ton. For this, BP will be spending close to Rs. 3,500 crore.

A person close to the development said that the company is taking this measure to increase its foothold in the country. It is believed that the proposed plant will come up in Gujarat.

BP is already going ahead with conversations with other Indian oil refiners. It would be selling them paraxylene, a petrochemical product, going to be manufactured in the new plant.

Indians and Bangladeshi citizens have a skin-colour advantage in asthma

Indians and Bangladeshi citizens have a skin-colour advantage in asthmaAccording to a recent study, Indians, Bangladeshis and Black Africans are less likely to be attacked from asthma as compared to the White.

It was a random survey which looked into ethnic differences in risk factors and how it affected asthma attacks. The lead researchers Melissa Whitrow and Seeromanie Harding from the Social and Public Health Sciences Unit of the Medical Research Council, UK, examined the data taken from 51 London schools to probe into a random selection of 11-13 year old pupils.

SKS comes out with IPO

SKS-Microfinance-LogoMajority of financiers are planning to raise their funds through capital market.

SKS Microfinance, the largest microfinance institution (MFI) in the country, also found the strategy of initial public offering (IPO) as the best for the company, to raise the capital of Rs. 1.68 crore shares .

Similar is the case with Standard Chartered Bank, who is also planning to raise a capital of $1 billion through Indian depository Receipts issue.

There are two main shareholders in SKS; venture capital firm Sequoia and N. R. Narayana Murthy's Catamaran Management Services.

A call for human rights- Body of a woman exhumed after six months of death

A call for human rights- Body of a woman exhumed after six months of deathThe body of Velangani, a 27 year old, supposedly committed suicide was unearthed after six months of death on a complaint by her parents who suspected of 'bad act', reports the local police.

The lady who was the native of Chettali village, Karnataka was the wife of Charlie Joseph. It was informed to her parents that she had poisoned herself and committed suicide on September 13, 2009 and thus they exhumed her body.

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