'India's scientific research grew 80 percent since 2000'October 6th, 2009 NEW DELHI - There has been an 80 percent increase in India's scientific research output since 2000, a news study revealed Tuesday, forecasting that the country will overtake all other countries between 2015 to 2020. The study carried out by British firm Thomson Reuters that owns the news agency Reuters was released in Delhi Tuesday.
California almond shipments to India increase 19 percentSeptember 2nd, 2009 NEW DELHI - Almond shipments from California to India increased 19 percent to 39,460 tonnes in 2008-09, says a US study. According to the Almond Board of California report, India has become the fourth largest export market for US almonds following Spain, Germany and China.
Delhi is top solid waste producer: StudyAugust 23rd, 2009 NEW DELHI - Delhi is the highest municipal solid waste producer in the country followed by Mumbai, according to a survey by the Federation of Indian Chambers of Commerce and Industry (FICCI). Delhi produces 6,800 tonnes of solid waste a day, while Mumbai generates 6,500 tonnes, the FICCI survey said.
India can have over 300 new hypermalls by 2011: StudyJuly 10th, 2009 NEW DELHI - Indian cities have the potential to have over 300 new hypermarkets by 2011, mostly in tier-I and tier-II cities, according to a joint study by global auditor KPMG and the Associated Chamber of Commerce and Industry (Assocham). The study, Reinventing Indias Retail Sector, said: "Even in 2008, 212 towns had sufficient market potential for hypermarkets for break-even existence.
Environmentalists seek new law on e-waste recyclingJune 5th, 2009 NEW DELHI - The firm that makes your computers and mobile phones must take legal responsibility for recycling them, say environmentalists who are pushing for a new law on handling e-waste. They also want a ban on import of old computers to India.
Robust growth seen in Indian aviation supplies marketMay 6th, 2009 NEW DELHI - India's civil aviation suppliers market, including components and maintenance, is seen growing annually at 16.1 percent over the next five years to top $3.89 billion, says a new research by a global consultancy. 'Low manufacturing and labour costs are expected to boost outsourcing to India.
Tapping industrial heat could cut fossil fuels useApril 2nd, 2009 WASHINGTON - Tapping waste heat from industries could cut down fossil fuel use and improve efficiency of countless manufacturing processes, says a study. According to Lihua Zhang and Tomohiro Akiyama of Hokkaido University, Japan, heat waste from industrial processes, such as combustion and electricity generation, is sometimes of low energy and diffuse and capturing this low-quality heat for re-use elsewhere on an industrial plant is usually not practical.
India can generate 2,500 MW from waste: AssochamMarch 17th, 2009 NEW DELHI - With efficient recycling technology, India can generate about 2,500 MW of electricity from the metro's waste in the next three years at a cost of Rs.3 billion (Rs.300 crore), according to an industry lobby report. The study, jointly carried out by the Associated Chambers of Commerce and Industry (Assocham) and auditing major Ernst and Young (E&Y), said about 1,500 MW of power could be generated from urban wastes, while an additional 1,000 MW could be created from industrial wastes by 2012.
America's loss is India and China's gain: US studyMarch 2nd, 2009 WASHINGTON - Loss of tens of thousands of skilled immigrants to countries like India and China 'is an economic catastrophe that will hurt US competitiveness for decades to come', says Vivek Wadhwa, lead author of a new study done at leading American universities. Wadhwa and his team at Duke, Harvard and Berkeley universities uncovered several trends in their study on the plight of 1,203 skilled immigrants who came to the US from India and China to work or study and returned home:
* Most returnees originally came to the United States for career and educational opportunities.
Indian media, entertainment business valued at $11.68 bnFebruary 16th, 2009 MUMBAI - The Indian media and entertainment industry was a $11.68 billion (Rs.584 billion) business in 2008, growing at 15 percent annually since 2006, says the annual joint study of a leading chamber and a consultancy released here Tuesday. But the growth projection for the industry for 2009-13 has been lowered to 12.5 percent per annum from 18 percent for 2008-12, says the joint study by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG.
Indian media, entertainment industry seen at $21 bn by 2013February 16th, 2009 MUMBAI - The Indian media and entertainment business that grew 15 percent annually since 2006 into a $11.68-billion (Rs.584 billion) industry in 2008 is seen to top $21 billion over the next five years, says a joint study by a leading chamber and a consultancy released Tuesday. But the growth projection for the industry for 2009-13 has been lowered to 12.5 percent per annum from 18 percent predicted earlier for 2008-12, due to current economic meltdown, adds the study by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG.
General insurance premium to top Rs.1 trillion by 2015: ReportFebruary 7th, 2009 NEW DELHI - General insurance premium earning is likely to grow at 20 percent annually over the next six years and top the Rs.1-trillion (Rs.100,000-crore) mark by 2015, says an industry report released Sunday. The Associated Chambers of Commerce and Industry of India (ASSOCHAM), in a joint study with the United India Insurance Co, also said the massive increase in premium earning from Rs.280 billion (Rs.28,000 crore) currently would be on account of increased awareness.
President Patil cautions plastic industry for harming environmentFebruary 3rd, 2009 NEW DELHI - President Pratibha Patil Wednesday urged plastic manufacturers to take adequate measures for waste management, as more than half of the plastic waste is causing harm to the environment. 'Plastics are chemically inert by nature, but it's a question of degradability which has attracted severe criticism on its applications all around,' Patil said after inaugurating the seventh International Plastics Exhibition and Conference, PlastIndia-2009, here Wednesday.
Himachal to market apple waste manureJanuary 15th, 2009 SHIMLA - Himachal Pradesh will market organic manure produced from apple solid waste, a senior official said Friday. 'We will market organic manure produced from apple pomace (solid waste left after extraction of juice from fruit),' said Bharat Khera, managing director of Himachal Pradesh Horticulture Processing and Marketing Corp (HPMC).
More state-owned banks reduce lending ratesDecember 28th, 2008 NEW DELHI - Dena Bank, Punjab National Bank (PNB) and Bank of Baroda will reduce their benchmark prime lending rates (BPLR) from Jan 1, the three state-owned banks announced Monday. Dena Bank will cut its BPLR by 75 basis points from 13.5 percent annually to 12.75 percent.