Wednesday, February 4, 2009

Top News

·         Kerala is again focussing on ambitious North South Express Highway which will reduce the distance between Kasargod to Trivandrum to 6 hours.

·         SBI offers bonanza for home loan borrowers with 8% interest rate for first year of loan and then usual rates from 2nd years onwards.

·         The recession-hit Kerala economy would be further affected with the return of a large number of NRKs - Kerala Finance Minister.

·         Real estate prices may come down to inflation-adjusted 1998 prices - Rajiv Singh, Vice Chairman of DLF, India's largest real estate player.

·         Kerala Chamber of Commerce and Industry is organising a world investor meet.

·         Three US banks have already collapsed so far in 2009.

·         State Bank of India (SBI) has reported a 37 per cent increase in net profit.

·         The UK plans to ban the advertising of jobs overseas because of the economic crisis, and ensure that existing jobs go to British workers.

·         After fall in prices of cash crops, like rubber, due to recession, farmers in Kerala are facing increase in cost of production coupled with acute labour shortage.

·         Forbes 2008 list of the world’s most notorious airports for delayed arrivals Mumbai - 1st, Delhi - 2nd, Bangalore - 4th.

·         Central government opened country's first Migrant Resource Centre in Kochi to help people preparing to work overseas.

·         Of 154,000 foreign nationals given British citizenship in the year 2006, Indians accounted for 15,125 and Pakistanis 10,260.

·         Kerala's cities are all set to become wi-fi with the BSNL’s WiMax service getting ready to be launched by the end of March, enabling access to internet anywhere.

·         The Cabinet today decided to go ahead with the proposed Rs.3,048-crore Kochi metro rail project on the lines of the Delhi metro linking Tripunithura to Aluva.

·         Kerala government gave the nod for a path-breaking bill this week that will ensure paddy fields not being converted into land for other purposes.

·         Seven wonders of Kerala chosen by a TV Channel thru viewers’ votes - Silent valley, Sreepadmanabha Swamy temple, Jewish Synagogue at Kochi, Periyar Wildlife sanctuary, Alappuzha, Kumarakom backwaters and snake temple at Mannarasala near Haripad.

·         Kerala's first district level IT park to come up at Kundara Kollam.

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