Aluminium prices are rising despite significant overcapacity and surplus production outlook over the next three years, raising a big question mark on the sustainability of the prices at their current levels. Prices have risen 75% on the London Metal Exchange (LME) from their February 2009 lows of $1,250, reaching $2,200 per tonne on the LME on Tuesday. However, experts believe that such high price of the commodity is not sustainable, as high...more
Statistics reveal that every 2.5 minutes a woman or a minor falls victim to sexual assault in America. Another important truth that gets revealed by the stats indicate that almost 44% of rape victims are below 18 years of age and 80% of the victims are under age 30. If you are fortunate enough to not fall within the above stats, thank god for it. But think again. Nobody, not even you can assure yourself that you are safe in the future. The...more
According to Mr Cheng Siwei, former vice chairman of Standing Committee of the National People's Congress during the 9th China Economic Forum held in Beijing disclosed that, China's steel industry has to face 200 million tonne of excessive capacities at present, in accordance with the calculation of CNY 5000 per tonne investment, that is to say, China will squander nearly CNY 1 trillion of steel investments this year.Mr Xu Xiangchun chief analyst of Mysteel believed that the above figures were a little bit higher. As learned, the output of crude steel arrived at 0.57 billion tonnes in 2009 there were only 0.13 billion tonnes of steel oversupplies as per 0.7 billion tonnes predictive capacities. And the crude steel output may continue to increase at 0.62 billion tonnes to 0.63 billion tonnes next year, so the oversupplies are likely to arrive at 0.1 billion tonnes.Nevertheless, the steel capacity oversupplies are really a big problem in China nowadays, with the demand of flats surpassing that of longs steel.Before this, Mr Qi Xiangdong vice secretary general of CISA told the reporters that if China wants to curb the excessive steel capacities, it not only has to strictly control...more
Online promotion is the need for every online or offline businesses these days. No matter what kind of business it is, if promoted online, it can address a wide array of geographical areas and customers from different segments. There are several ways of online business promotions. However, the most effective ways of promoting a business online is...more
Indian Institute of Management Lucknow (IIML) recently conducted the India SME Conclave in association with the Indian Industries Association (IIA) and Ministry of MSMEs to discuss low-cost financing options for SMEs in India. Eminent speakers at the event also deliberated on the impact of Free Trade Agreements (FTAs) on the SME sector in India,...more
After battling with lower overseas sales and poor margins for more than a year, SME exporters of engineering goods are finally resorting to the government for support. The wait for recovery still seems far from over, thereby encouraging the small engineering export segment to strongly pitch for tax sops and simplification of export documentation processes and regulations.The Engineering Export Promotion Council of India (EEPC India), a representative body of engineering exporters, has submitted a pre-Budget memorandum to the Ministry of Finance, demanding incentives to help SME units recover their losses and make fresh investments in the coming year.DemandsThe considerable plunge witnessed in engineering export figures over the last 1 year and the slim chances of a turnaround in the next 1-2 years have necessitated SME engineering exporters to demand tax exemption on incremental exports for 3 years, with the base year being 2008-09. They have also asked for a weighted deduction of 1.5 times on the expenses incurred on overseas establishments and R&D for 3 years.Meeting these demands will enhance the competitiveness of SMEs, enabling them to expand their reach and export...more
One recent poll asked entrepreneurs what they personally believe affects the success or failure of a startup company. The 549 founders came from all kinds of industries: computing, electronics, health care, aerospace and defense.The top most critical...more
BIM described as Building Information Modeling. In the present time building structural engineering is depended upon BIM. To construct a building is never easy. This process needs to follow a complete life cycle and BIM is the most important part....more
Release announcement of latest technology based, a complete solution Purchase Order Financing Software today has been publically launched by the World's top company Accounting Software known for Industry's best and global leader in Accounting...more
The application of Unlawful Harassment and Wrongful Termination laws to At Will EmploymentLabour laws are complicated affairs, with different statutes handling different components. They govern the relationship between the employer and the employee....more
Global Location Based Services (LBS) Market in Logistics Industry 2008-2012Location Based Service (LBS) provides location specific services to users through GPS or wireless network. It provides services such as navigation and mapping of points of...more
These bar stools offer a comfortable and convenient seating style and occupy lesser space than the old fashioned chairs. Wood is one such material that would be durable for years, so think before investing in the right kind of product. Durability and...more