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Inflation a risk to recovery: World Bank
Asian economies must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilising inflation, World Bank President Robert Zoellick said today. The US and European economies, which are barely starting to recover from the global meltdown, are less at risk, but in Asia, the massive liquidity flowing into regional markets could push asset prices up dangerously high, Zoellick said.

Sonata software appoints Venkatraman as head of Strategic Finance
Sonata Software announced the appointment of N Venkatraman as Head-Strategic Finance and Risk Management.

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WB govt didn't reject Wipro, Infy proposals: CPI(M)
The West Bengal government today said it has not rejected proposals of IT majors Wipro and Infosys for setting up units near the state capital.
Management

TN to set up swine flu centres in major towns

The Tamil Nadu government will set up swine flu test centres in major towns of the state. The move comes after a four-year-old boy died in Chennai due to the flu on Monday. - Art behind the bars - ...we all fall down! - Ashok Leyland in pact with Belgian company - Grama Vidiyal to raise Rs 100 crore - SAT to hear appeal in Bharti-MTN case on Aug 28 - Oil Ministry misleading PMO: Anil The decision was taken at a review meeting chaired by Tamil Nadu chief minister M Karunanidhi here today. The new centres will come up at Madurai, Coimbatore and Tirunelveli. At present, such centres are present only in Chennai and Vellore. So far, 54 people have been diagnosed, of which 40 have recovered after the treatment and the remaining 14 are undergoing treatment at various government hospitals in the state. All the government hospitals are equipped to cater to the patients, according to an official release here.


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