IIM-A rated toughest B-school
Mumbai: The thirteenth edition of the Which MBA survey, published by The Economist, ranks IIM-A as the most difficult school to get into. While the Ahmedabad college scores 4.9 on a 5-point scale measuring the difficulty of getting admission, US schools like the Harvard Business School (4.6) and Columbia University (4.5), as well as Spain's Instituto de Empressa (4.4) and France's Insead (4.2), are comparatively easy to get into.
The Economist survey points out that IIM's rating is not surprising considering that there are 250 applicants for each seat at the institute.

In terms of course content, the first IIM to be set up in the country again appears in the top five, and gets a rating of 90 per cent, superseded only by Yale, Harvard, IE and the Paris-based Haute Etudes Commerciales (HEC).
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Karnataka tops software exports
New Delhi: Karnataka has bagged the number one spot for being the largest contributor to software exports in 2000-2001.
According to the latest findings by the Electronics and Computer Software Export Promotion Council, Karnataka contributed about Rs 7750 crore to computer software and services exports in 2000-2001.
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Demand for gold jewellery down 6%
Mumbai: Gold jewellery demand across the world witnessed a six per cent decline during the year 2001, according to the latest figures from London-based commodity research and consulting company Gold Fields Mineral Services. Total gold fabrication in the same year fell by 7.2 per cent.

The largest decline was recorded in Middle East where Turkish off take fell sharply as a result of the severe economic downturn. In India too, a combination of weak domestic and export markets contributed to lower demand. The report forecasts gold demand to remain under pressure even in the first half of the year 2002.
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