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Global coffee exports dip 7.8% in Oct-Nov
Coffee exports globally have fallen 7.8 per cent to 13.4 million bags (1 bag= 60 kg) in the first two months of the 2009-10 crop year, whereas those from India have risen over 20 per cent to 516,000 bags in the same period, the International Coffee Organisation (ICO) has said.The coffee year runs from October to September.

AIG of drugmakers, Pfizer is too big to be guilty
Pfizer Inc sales folks had one tough customer in psychiatrist Stefan Kruszewski. He didn’t buy their pitch to prescribe the anti-psychotic drug Geodon to children, a use that hadn’t been approved by federal regulators. Nor did he go for the so-called off-label uses, such as treating dementia in the elderly, they suggested.

News of the day

CCEA clears NMDC stake sale: Virbhadra Singh
Steel Minister Virbhadra Singh today said that the government has given the nod for divesting an additional 8.38 per cent stake in iron ore producer NMDC, a move which may fetch the exchequer over Rs 13,500 crore.
Public Relations

JSW to raise US mills' output capacity to 30%

To cash in on the rise in demand for its products, JSW Steel plans to hike the annual capacity of its mills in the US to 30 per cent by the end of the current fiscal. The country"s largest private steel maker by domestic capacity had in May trimmed production of the pipes and plate-making mills in Texas to 20 per cent of their capacities citing a slump in demand amid the economic crisis.


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