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Political hardsell shortage
Is the Doha Development Round (DDR) dead, as the anti-globalisation activists claim? Not yet, said trade ministers of the 153 member-countries of the Word Trade Organisation at the seventh Ministerial Conference at Geneva last week. They ended the Conference with a general agreement to recommence the stalled negotiations of the DDR and take it to conclusion by the end of next year. Even such broad agreement was in sharp contrast to the acrimony and bitterness that characterised the earlier failed trade talks at Cancun and Hong Kong.

Monthly inflation data proposal may get nod today
The government is likely to clear a proposal tomorrow suggesting release of inflation data on monthly basis and not every week for most items tracked by the Wholesale Price Index (WPI).

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Rise in cash flow helps Cement firms shed reliance on borrowings
Realisation improves as national cement prices rise by Rs 90 since 2005-06.
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Passenger traffic tops 9.3 mn at Bangalore airport

Bengaluru International Airport today reported that passenger traffic would top 9.3 million in the calendar year 2009 with cargo handled during the 12 months estimated at 1,61,896 tons. - Jet"s domestic passenger traffic rises 33% in Nov - Experience the pain - Railways" earning up 6% during Apr-Sept - Airlines expect 10% passenger growth - Domestic air traffic stabilises - Passengers start taking to sky again Current "daily traffic movements" are 280, the airport said in a statement. Based on the air traffic figures, an upward trend has been reported since July this year. The passenger traffic in the last quarter was 2.45 million, the highest ever at the airport since its opening in May last year. "Traffic figures are seen on a steady increase with passenger traffic rising from 7,27,186 in January to an estimated 8,67,718 in December 2009," it said. Cargo also showed an upswing from June this year, in comparison to last year, with an increasing growth rate of 1.8 per cent in June to 20 per cent in December. These figures show indications of the market improving from the slowdown that prevailed earlier in the year, the airport said. The airport is looking at the addition of four new routes, three international and one domestic every year. It is also looking at the addition of two new international carriers every year. The focus would be on connecting Bangalore to China, Africa and the US.


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