Popular Articles

India's spice exports cross Rs 5,000 cr mark in 2008-09
In a record achievement despite the global economic recession, spice exports from India clocked $11.68 billion —an all-time high —in 2008-09.

GSK arm resumes Andhra operations
GlaxoSmithKline Consumer Healthcare(GSKCH) has resumed operations at its plant in Dowlaiswaram, Andhra Pradesh, the company said in a statement posted on the Bombay Stock Exchange on Monday. Work at the plant was temporarily halted on December 11 following widespread unrest in the state.

News of the day

Oil India IPO price fixed at Rs 950-1,050 a share
The government today fixed a price band of Rs 950-1,050 per share for the initial public offering (IPO) of Oil India (OIL), the second state-run firm to hit the market this year, and will raise up to Rs 4,982 crore.
International Business

Welcome rains in Uttarakhand

Breaking a long dry spell, Uttarakhand and its nearby areas today received rainfall in the plains and snow in the higher reaches of the Himalayas. Experts said the rains, which came after a dry spell of two months, would auger well for the agriculture sector. Anand Sharma, director the metereological department, said light rains had occurred in areas like Tehri, Mukteshwar and Dehra Dun. “The trend may continue for one more day at least in the Kumaon region,” he said. - Himalayas inspired "2012" - Twenty20 cricket goes to Mt Everest - Snow and other stories - U"khand facing dry spell - Plywood industry sees robust growth - DMRC expects new lines to help swell revenue by 25% this year The government last month sounded an alarm by declaring 16 tehsils in three districts — Tehri, Almora and Dehra Dun — as dry. Power scenario had also taken a beating in the wake of the falling discharge in most of the rivers by 30 to 40 per cent. The current discharge in the Yamuna at Vikasnagar is 8 to10 cumax, which is 50 per cent less as compared to last year. Similarly, Bhagirathi at Joshiyara in Uttarkashi district has receded by 30-35 per cent. Owing to various factors including various affects of the prolonged dry spell last year, power generation took a plunge falling by 20 per cent as compared to last year. The power generation from Uttarakhand Jal Vidyut Nigam Limited, having an installed capacity of 1,304 Mw, after touching 18 to 20 million units during the monsoon is now hovering at around 6 to 8 million units, mainly due to the dry season.


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