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 the draft Food Security Act and a proposal to minimize the quantity of sugar that the government buys from More...
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 More...
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 More...
China’s Decision To Make Its Currency, Yuan, More Flexible Will Help The World Economy
Pranab Mukherjee Finance Minister has said that China’s decision to make its currency, yuan, more flexible will help the world economy up to greater extent. On Monday Mukherjee said in response to a question at More...
The Inflation Rate To Come Down To 5.5 Percent By March, 2011
Saturday 19 June, 2010 As a part of the financial sector reforms, currently banks can fix their own interest rate on saving deposits only above Rs 2 lakh; the RBI (Reserve Bank of India) on Friday said it wants More...
The Chief Of The Petrochemical Giant Says Sorry For The Oil Spill
18/6/2010, Washington In retaliation to the deep anger and the public outcry, the chief of the British petroleum said sorry. The chief of the company CEO tony Howard said sorry from the bottom of his heart and More...
From 2016, Russia Will Purchase 50 Fifth Generation Fighters
18-06-2010, Moscow Russia The defense ministry of Russia will purchase a total of 50 fifth generation fighter planes from 2016. As per the clear report of RIA Novosti, the ministry will purchase 10 planes after More...
AGM Will Open A New Era For Reliance Industries
18-06-2010, Mumbai It is evident that mukesh ambani will step out of his Mercedes BENZ alongwith his beloved wife Nita ambani to chair the AGM of reliance industries ltd. This will commence a new phase for the reliance More...
World Mining Companies Have An Eye On The Mineral Wealth Of Afghanistan
18th June 2010 Mining firms across the world are showing deep interests in the business ventures in Afghanistan because of the newly found vast mineral wealth in this nation. However, from the top sources it has More...
From 2016, Russia Will Purchase 50 Fifth Generation Fighters
18-06-2010, Moscow Russia The defense ministry of Russia will purchase a total of 50 fifth generation fighter planes from 2016. As per the clear report of RIA Novosti, the ministry will purchase 10 planes after More...