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FDI up 56% as India beats recession blues
India is back on the radar of global investors even in the midst of the global financial crisis, with 56 per cent year-on-year rise in inflows of foreign direct investment in July this year, an official said.

Lacklustre day at Wall street
US markets moved up marginally on Wednesday. The Dow dded three points to 10,549. The Nasdaq was up three points at 2,291.

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HSCI's Rajasthan plant may start prodn in 2012
Japanese auto giant Honda today said it is likely to start car assembly at its second manufacturing facility in India from 2012.
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Badal urges Abdullah to enhance subsidy for solar water pumping system

The Deputy Chief Minister of Punjab Sukhbir Singh Badal today urged Farooq Abdullah, Union Minister for New and Renewable Energy to enhance the central subsidy for solar water pumping systems for irrigation and allied purposes from Rs 30 per watt to Rs 100 per watt to make the system viable for small and marginal farmers. He said that with the support of Union government, Punjab had installed maximum number of Solar Pump (1850) during the period 2001-04 as Union government had been providing subsidy ranging from Rs 1.80 lakh to Rs 2.43 lakh for 2 HP solar pumps for irrigation purposes. Hero Honda accelerates on good sales numbers He said that since Union government has now reduced this subsidy to only Rs 50,000, installing solar water pumps have become unviable for small farmers not only in Punjab but in the entire country.


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