Stating that the global financial crisis is still unfolding and the world has not witnessed all of its consequences, the former governor of the Reserve Bank of India, Dr Y V Reddy, on Wednesday said that India should look at all possible ‘Desi’ vulnerabilities in the ‘Swadeshi’ financial sector, study them and try to act upon the same.
Economy
Goa can still attract the business community says CM Kamat
Chief Minister Mr Digambar Kamat said Goa is "still the most preferred business destination despite the bold decision to scrap the Special Economic Zone policy."
MPT to get mechanised coal terminal
The Mormugao Port Trust signed an agreement to develop a mechanised coal handling terminal at its berth number 7.
15% drop in India's cashew exports
Shortage of labour coupled with lack of mechanisation has led to a downturn in the cashew production in Goa as well as the rest of India. This year the country is expecting a 15% drop in exports.
Goa casinos go on one-day strike
Casino operators in Goa went on a one day token strike today to protest against the govt's decision to hike entrance fees.
Goa's annual plan pegged at Rs 2240 crores
The annual plan of Goa for the year 2009-10 has been pegged at Rs.2240 crores, including additional Central assistance of Rs. 40 crores for the national games and other projects of special importance to the State.
Qatar Airways to fly direct to Goa
Qatar Airways is the latest airline to operate flights from the Gulf to Goa. The national carrier of Qatar is expected to start operations between Doha and Goa by November.
Trawler owners face labour crunch at start of season
With the fishing season set to begin in Goa on Saturday after a 45 day ban, trawler owners face a shortage of skilled migrant labourers.
Goa milk production on the decline
Admitting that there has been a drop in the production of milk in the state since last few years, the Minister for Co-operation, Mr Ravi Naik informed the House on Friday that though Goa Dairy has come out with the possibility of hiking the rate of milk by 2-odd rupees per litre, it has done so without taking the government permission.
Offshore operators urge govt to form Casino Control Board
The offshore casino operators have requested Goa government to constitute Casino Control Board (CCB) for regulating offshore casino industry.




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