Wednesday, March 12, 2008

Fresh News

Soaring palm oil prices will have a major impact on Kerala economy since palm oil is a widely used medium of cooking in the State.

 

The Kerala High Court Tuesday felt that deploying central forces was the only solution to bring peace in Kannur district, where political clashes last week resulted in seven deaths.

 

The board of directors of Infrastructure Kerala Ltd (InKel), a new infrastructure company that has been formed under public-private partnership, is likely to double its paid up capital from Rs.1 billion to Rs.2 billion.

 

A reduction in sales tax on aviation turbine fuel (ATF) by the Kerala and Andhra Pradesh governments is encouraging several air carriers to refuel from these states.

 

Citizens of India and other non European Union countries will be issued compulsory identity cards later this year as part of the British government's plan to improve security and prevent identity fraud.

 

NRI steel supermagnate Lakshmi Mittal was listed as the fourth richest in the world by Forbes magazine with a net worth of US$ 45 billion. The Ambani brothers and real estate tycoon K P Singh are also among the 10 richest on US magazine Forbes' annual list of billionaires.

 

NRI students who finish high school this year will be able to qualify for a new scholarship programme announced by the Indian government.

 

The Ministry of Overseas Indian Affairs has kicked off the implementation of a proposal to set up Overseas Indian Centres in Washington DC, Dubai and Kuala Lumpur, that will provide legal, medical and financial advice and services at its missions and embassies.

 

Some 49,000 Indian professionals and their families are to be heard by UK's High Court over their bid to block changes to the terms of their stay in Britain on grounds of human rights and race relations.

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