Saturday , 23 March 2019


Italian wine produced in Goa is India’s best

PANAJI: Most wine liquids with a percentage of alcohol called wine in India are actually not wine, when compared with the high quality standard wines produced in Europe. This is the view of Italian Mr Signor Lucio Matricardi the chief winemaker of Big Banyan Wines bottled and labeled in Cuncolim Industrial Estate by
John Distilleries Ltd.

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Petrol prices may change every fortnight

NEW DELHI: State-owned oil firms may opt to revise petrol prices every fortnight to reflect changes in the global oil market in the free pricing regime that kicks in from next week.
Petrol prices were freed from government control last month resulting in a Rs 3.50 per litre hike in rates in Delhi,

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Steel prices likely to come down this month

NEW DELHI: Domestic steel prices may come down by as much as Rs 1,000 a tonne this month due to sluggish demand mainly from the construction and infrastructure space.
“In July, steel prices are likely to fall by Rs 1,000 a tonne mainly due to lack of demand from infrastructure firms amid the monsoon season,”

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Mercedes Magazine debuts in India

MUMBAI: Mercedes-Benz India has announced the launch of Indian edition of its international magazine called ‘Mercedes Magazine’ in India. The magazine was launched at the hands of the award-winning Bollywood actress Vidya Balan and Dr Wilfried Aulbur, managing director and CEO, Mercedes-Benz India, said a press release.

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IMF pegs India’s growth at 9.50%

WASHINGTON: India’s growth will accelerate to about 9.50 per cent in 2010 as robust corporate profits and favourable financing conditions fuel investment, and then settle to 8.50 per cent in 2011, according to International Monetary Fund (IMF) projections.

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