Ex-RBI Governor suggests ways to overcome economic slowdown

Increasing government expenditure and putting it in capital expenditure, addressing sector specific problems and improving the credit system in addition to increasing investment and savings rate will help in addressing the current economic slowdown, said noted economist and former Governor of Reserve Bank of India, C Rangarajan. Continue Reading

IIT-M launches dedicated cell to help cut down energy consumption

Indian Institute of Technology Madras has launched a dedicated ‘Industrial Energy Assessment Cell’ (IEAC) to help large and small industries reduce energy consumption through assessments as well as providing evaluated technological solutions. Continue Reading

Chennai to receive moderate rain today

Chennai and suburban areas witnessed mild showers last night. The Regional Meteorological Centre has predicted light to moderate rain to occur in isolated places over Tamilnadu and Puducherry today. Tiruvannamalai, Viluppuram and Cuddalore may receive heavy spell, it said. Continue Reading