Hit by the dollar-debasement, the Indian handmade carpet industry is all set to de-risk business by embarking on a new mission: That of looking beyond the US market and expanding its footprint in Europe.
With the high net worth individual (HNIs) base growing rapidly in the country, banking institutions and finance corporations are now intensifying their lending operations in the field of aviation.
Karnataka has registered a lower rate of growth in its gross state domestic product (GSDP) compared to the national average in 2007-08. It logged a 7 per cent growth in its GSDP as against the national advance estimates of 8.7 per cent. Inflation was more or less the same as that of the country. The performance of secondary and tertiary sectors (comprising industry and services) has turned out to be a major disappointment unlike the agriculture sector, which has fared better.
Aspiring candidates, desperate to buoy up their popularity in the run-up to the polls, have begun to break every stereotype to market themselves. From distributing insurance certificates to women voters to lending heavy earth-moving equipment to farmers for levelling their lands, the candidates are coming up with novel ideas to outsmart their political rivals.
Two years after the then JD(S)-BJP government announced the cart-and-bullock scheme for the farming community, the State Executive Committee headed by Governor Rameshwar Thakur gave a silent burial to the scheme last week after stopping short of branding it a 'complete failure'.
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