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Employment in jewellery sector rises 3.80% in Jan-March 2009
The gems and jewellery sector, hit hard by the global financial meltdown, has begun showing signs of improvement with employment reporting a 3.80 per cent increase during January-March 2009.

NHPC replaces NEEPCO to build Manipur's Tipaimukh Dam
Obliging Manipur government"s request, the Centre has appointed the state-owned National Hydro-electric Power Corporation (NHPC) as the implementing agency for the 1500 MW multi-purpose Tipaimukh hydro-electric project in Manipur, official sources said here today.

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Recovery in Asian markets
After opening weak, the Asian markets have rebounded into the green. The Hang Seng is now up 19 points at 21,9212. The Nikkei is trading flat at 10,105.
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Telcos revenue drops in Sept qtr: Trai

The telecom industry added a massive 44.21 million new subscribers in the quarter ended September 2009, while the gross revenue of the operators has slipped marginally by 0.65 per cent during the same period, the Telecom Regulatory Authority of India (Trai) said here today. - Railways earnings jump by 9% - Shipping ministry to double cost estimates of Sethusamudram project - 4 killed, 40 injured in two separate train mishaps - Family portraits - Trai likely to propose auction of 2G spectrum - Experts divided over predatory pricing Telecom operators have garnered a gross revenue of Rs 38,854.65 crore in Q2, slipping 0.65 per cent over the year-ago quarter. The subscriber base grew 9.51 per cent to 509.03 million during the period against a 464.82 million over the same quarter previous fiscal, the Trai said in its quarterly report. The combined wireless subscriber base (GSM and CDMA) grew to 471.73 million from 427.3 million, while the wireline subscriber base slipped to 37.31 million during the reporting period. With this, the overall tele-density (connections per 100 people) reached 43.50 as on September 30. The adjusted gross revenue (AGR), which is the revenue after tax deductions, for the quarter under review also declined 2.08 per cent at Rs 29,115.31 crore. The sectoral watchdog said the average percentage of licence fee paid by the operators to AGR is 8.41 per cent.


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