India Food Price Index Surges to 13.3% – What is th Government Doing ?

India’s food prices continue their run unrestricted even as the wholesale price inflation remains in the negative zone. Headline inflation, as indicated by the wholesale price index (WPI), stood at -0.95% during the week ended August 15 compared with -1.53% in the previous week. The rate had turned negative for the week ended June 6 for the first time since the new WPI series started in 1995.

Despite the negative number, there is no respite from the surge in food prices as the food index surged 13.3% from a year ago level. Poor monsoon has pushed up the supply-demand issues in the food sector resulting in rising prices of many commodities including sugar and pulses.

Read moreIndia Food Price Index Surges to 13.3% – What is th Government Doing ?

Maruti Suzuki launches Estilo with K-series engine and bold new design

Maruti Suzuki India, the country’s leading passenger car maker, on Tuesday launched the Estilo with all-new looks and advanced technological features.

The Estilo represents Maruti Suzuki matching pace with the changing taste and lifestyle of vibrant India. The bolder new Estilo, designed to meet the aspirations of the Indian customer, is a heady mix of sculpted features, bold designs, new exciting colours.

Read moreMaruti Suzuki launches Estilo with K-series engine and bold new design

Deccan Chronicle hikes advertisement tariff by 20%

Deccan Chronicle Holdings has decided to hike its advertisement tariff across all its editions by 20% effective from October 1, 2009. The move comes on the back of huge response to the company’s daily circulations in South India. During Jan-June 2009, it had daily circulation of 2,44,902 copies in Bengaluru while total 13,49,959 circulations on … Read more Deccan Chronicle hikes advertisement tariff by 20%

How to Get Cibil Credit Information Report on Demand ?

I just can’t believe this is happening in India. We were tipped off by a reader that CIBIL has just started offering Consumer Credit Reports on Demand to Indians and has submitted just few forms until the process gets streamlined.

This was so much needed as we Indian consumer never knew what was inside our report and how banks and financial institutions were judging our credit worthiness. Now that you can demand the same anytime by paying just Rs 142 , their will be transparency in the operations of banks and credit card companies.

Read moreHow to Get Cibil Credit Information Report on Demand ?

Sion-Panvel expressway – IVRCL bags the Project

IVRCL Infrastructure & Projects, in a joint venture with another company, has emerged as the lowest bidder for the 25 km Sion-Panvel expressway. The project cost has been pegged at around Rs 2,000 crore and has a concession period of 18 years and nine months. IVRCL beat Reliance Infrastructure to bag the project.

The project envisages expanding the existing bitumen road into a 10-lane concrete expressway between the BARC junction at Sion and the Kalamboli junction at Panvel with three flyovers and 10 underpasses. The project would be executed on a build-operate-transfer (toll) basis, the report added.

Read moreSion-Panvel expressway – IVRCL bags the Project