Kolkata box feeder operators impose trade surcharge

Kolkata: The container feeder operators serving Kolkata port (both Kolkata Dock System and the Haldia dock) have slapped trade surcharges in view of the decline in the draft in the Hooghly river.

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Hapag-Lloyd boosts capacity for North East Asia to Australia

Hapag-Lloyd will adjust its North East Asia to Australia capacity in line with the changing demand from January to end May 2011.

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US air traffic upgrade hit by delays, higher costs

WASHINGTON (Reuters) – A new high-altitude air traffic control system is taking longer than expected to bring on line and at higher costs than planned, a U.S. government watchdog said last week.

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Investors enter 2011 in bullish mood – Reuters poll

(Reuters) – Investors are entering 2011 in a relatively bullish mood, raising equity holdings to a 10-month high, increasing exposure to high-yield credit and cutting back on government debt, Reuters polls showed on Wednesday.

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China raises rates again, more to come

BEIJING: China’s central bank raised interest rates on Saturday for the second time in just over two months, underscoring concerns that inflation may be entrenched and swift action is needed to get price pressures under control.

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Today’s Front Page 25-12-2010

we wish our readers a Blessed Christmas

Cribs portraying the nativity of Jesus Christ are displayed in churches during Christmas time. It is an essential part of Christmas celebrations and reminds the faithful of the birth of the Prince of Peace.  The Daily FT was able to capture the crib in the making at the The Sacred Heart Church, Rajagiriya – Pic by Dinuka Liyanawatte

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Chicks, eggs come late for X’mas

By Shezna Shums
The Ministry of Cooperatives and Internal Trade will release the two millions eggs to the market as soon as the shipment is cleared.

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Ponting shows fight ahead of Boxing Day

Australia’s Ricky Ponting displayed his fighting qualities as he negotiated a solid one-hour batting session to put his hand up for the fourth Ashes Test starting on Sunday.

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World Bank’s take on Sri Lanka’s quest to become wonder of Asia

World Bank Managing Director Dr. Ngozi Okonjo-Iweala during her recent visit to Sri Lanka delivered a special lecture titled ‘Becoming the Wonder of Asia: Accelerating Inclusive Growth in Sri Lanka’ on the occasion of the 60th Anniversary of the Central Bank of Sri Lanka. Following are excerpts:

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