Prices of Petrol, Diesel, Kerosene And Gas Cylinders Increases
Friday, June 25, 2010
The government said in New Delhi, households will have to pay an additional Rs 35 per cylinder, poor man’s cooking medium kerosene will dearer by Rs. 3 a litre and petrol and diesel will cost up to Rs. 3.73 per litre [...]
Federal Reserve Had Raised Concerns About The Pace Of The US Economic Recovery
Friday, June 25, 2010
Analyst said, oil was higher in Asian trade Friday as investors focused on positive US economic data even as the Federal Reserve voiced worries about the world’s biggest economy. Main contract New York’s, for August [...]
Decision On Imposing Import Duty On White Sugar
Friday, June 25, 2010
To take a decision on imposing import duty on white sugar, an EGoM (Empowered Group of Ministers) on Food is scheduled to meet on Friday. The EGoM (Empowered Group of Ministers) headed by Pranab Mukherjee, will also discuss [...]
Indian and Pakistan – Finding Ways to Bridge the Trust Deficit
Thursday 24 June, 2010
On Thursday in their effort to bridge the trust deficit and work out measures to counter terrorism to bring on track the stalled peace process foreign secretaries of India and Pakistan met in Islamabad. For talks at the [...]
Food Inflation – Can Be Tamed By An Increased Output Of Key Food Items And By A Strong Harvest
Thursday 24 June, 2010
In mid-June food inflation accelerated, which put pressure on the RBI (Reserve Bank of India) to tighten monetary policy at a faster pace. Government data released on Thursday showed, the food price index rose 16.90 percent [...]
RBI Had Increased The Repo And Reverse Repo By 25 Basis Points
On Wednesday Pronab Sen the country’s chief statistician cautioned RBI against taking a hawkish monetary policy stance. He said that too many measures to control inflation can prove detrimental to growth. While inaugurating workshop on the [...]
World Cup Soccer – For The First Time Messi Did Start And He Was Given The Captain’s Armband
Martin Palermo and Martin Demichelis scored second-half goals to help Argentina beat Greece 2-0 at the World Cup. Greece has been eliminated, while on Sunday Argentina will play Mexico in the round 16. In the 77th minute on Tuesday night Demichelis [...]