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Govt sets up Task Force to look into MSME sector demands
The government is setting up a high-level Task Force to address the problems of Micro, Small and Medium Enterprises (MSMEs) which have been demanding adequate financing and other incentives to tide over the economic slowdown.

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.

News of the day

Few companies can afford to miss Delhi Auto Expo
A decade earlier, when the Indian auto market was stagnant and there were not many new models to talk about, there were years when even Maruti Udyog, the market-leader, gave the Delhi Auto Expo a miss. Few manufacturers can afford to do so today.
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Toshiba completes pilot plant for CO2 capture technology

Toshiba Corp has said it has started test operating a pilot plant to develop a commercially viable technology to separate and capture carbon dioxide from flue gas generated in the process of thermal power generation. - HUL soaps away the Co2 footprint - Toshiba JSW plant to go on stream in 2011 - Tamil Nadu gives nod for Toshiba-JSW unit - Global emissions to leap 39% by 2030: US - Climate change: UK experts for total phasing out of CO2 The pilot plant is located in a coal-fired power station of Sigma Power Ariake Co, a Toshiba affiliate, in Omuta, Fukuoka Prefecture, and uses 1 per cent of the flue gas from the boiler, said the Tokyo-based conglomerate manufacturing company. The plant, which separates CO2 through a proprietary absorbing liquid and converts it back into gas for recovery by applying heat to the solution, can capture 10 tons per day, Toshiba yesterday said. While the test operation is aimed at developing a carbon capture and storage system, more studies are needed to realize a technology to store CO2 away from the atmosphere. Toshiba said it will seek to establish a business capable of meeting the emerging need for commercial-scale CCS systems for thermal power plants by 2015. It is targeting sales in the business of 100 billion yen in fiscal 2020.


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