Recovery in steel and cement segments and plenty of funds available with states for expenditure today gave the centre the assurance that the country will grow by around 7% during the existing fiscal.

During the first nine months of the recent fiscal, the economic system came up by 6.9%, and the government's advance estimations nailed the growth at 7.1% for this fiscal (2008-09).

Japanese Automobile major, Toyota Kirloskar Motor (TKM) expanded its range of alternate fuel vehicles by including the Innova CNG in its fold in India.

From now onwards the country’s most popular multipurpose vehicle, Innova will be available in CNG variant as well.

The banking institutions should give relief to borrowers and forward the complete benefit of the repo rates cuts carried out by the central bank (RBI) thus far.

In a gathering with some bank heads today, Dr. D. Subbarao, Governor, Reserve Bank of India, demanded banks to guarantee that customers are not put to any problem.

Mr. S.K. Goel, Chairman and Managing Director, UCO Bank, who attended the meeting, said that the conference did not talk about more cuts in key interest rates including CRR or SLR, but was called for a general economy appraisal.

Pakistani skipper Younis Khan's maiden triple ton against Sri Lanka in the drawn Test at Karachi moved him six places ahead to take the number one position in the latest ICC player rankings for Test batsmen released here.

PepsiCo has won the sponsorship for Mukesh Ambani’s IPL team, Mumbai Indians (MI) for the upcoming second season of the much awaited tournament.

As part of the deal, PepsiCo will get branding, promotion and pouring rights for the MI team, and the brand will be featured on the players' apparel and helmets.

The company has also acquired exclusive pouring rights at home matches, besides being the official beverage for the same team.

Here’s good news for the people living in the industrial belt of Eloor.

State Industries Minister Elamaram Karim had said that the administration will soon launch a pilot project of medical insurance to cover 3500 families in the selected nine wards of Eloor Grama Panchayat from April 1.

Under this scheme five members of each family will be given Rs 30,000 with an annual premium of Rs. 506 per person.

The minster also made it very clear that the offered reimbursements of the National Health Insurance Programme of the Rashriya Swasthya Bima Yojana amounting to Rs 30,000 can also be availed by members of each family.