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NTPC working on coal mines allotted by govt
Power firm NTPC today said it is developing coal mines allotted to it for captive use and added that it takes 6-7 years to harness a mine even by international standards.

Bogey-man awaking
Global inflation: Global inflation is set to present policymakers with a cruel dilemma. After falling early in 2009, prices in many countries have resumed rising. The 1.8 per cent November rise in the US producer price index (PPI) is only the latest example of this. The need to squash rising inflation could soon force central banks to risk sacrificing growth.

News of the day

Attrition to be a big problem for banks: RBI
The Reserve Bank of India (RBI) today said the banking system may increasingly face the problem of staff-attrition in the period ahead and banks will have to gear up to tackle the issue.
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Tourist arrivals hit by swine flu scare

Swine flu scare seems to have kept away many foreigners from visiting India, as there is a downward trend in tourist arrivals. - Department moots eco-tourism panel - ITDC signs MoU with six developers for hotels - Dissidents refuse to meet Yeddyurappa - Pune Swine Flu toll rises to 99 - Crisis in Karnataka BJP continues - Pune swine flu toll climbs to 97 India received 448,493 foreign tourists in October this year as against 452,566 in the same period last year, a 0.9 percent decrease. A total of 4,023,088 foreign tourists visited the country between January and October this year as against 4,323,729 last year. Attributing the negative growth to the swine flu scare, Tourism Minister Kumari Selja said: "Tourist arrivals is witnessing a downturn due to the swine flu scare. However, our forex earnings are going up these days." There is a 13.1 per cent growth in foreign exchange earnings in October (Rs 4,806 crores) as compared to the corresponding period last year (Rs 4,248 crore). "We have earned Rs 42,395 crore as forex till October this year as against Rs 40,712 crores in January-October period last year," said a senior Tourism Ministry official.


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