RBI to introduce $2b swap facility for Saarc
, May 16 2012, MumbaiRBI to introduce $2b swap facility for Saarc
TN new production hub for thermal power equipment
, May 16 2012, ChennaiTN new production hub for thermal power equipment
AI, pilots’ body trade claims over strike
, May 16 2012, New DelhiAI, pilots’ body trade claims over strike
Austerity call hints at fuel price hike
KR Sudhaman, May 16 2012, New DelhiFinance minister Pranab Mukherjee on Wednesday said the government would take “unpopular” austerity measures to deal with burgeoning fiscal deficit. This was seen as a pointer to fuel price
RBI to offer $2b swap arrangement to SAARC countries
, May 16 2012, MumbaiThe Reserve Bank of India will offer a swap arrangement of $ 2 billion to all SAARC (South Asian Association for Regional Cooperation) member countries to strengthen regional financial and
Net direct tax collections rise 7-fold in April
, May 16 2012, New DelhiThe net direct tax collections rose to a whopping Rs 14,812 crore in April this year, a seven fold increase compared to the same period of last fiscal.
Net direct
RBI steps in only to curb Rupee volatility, not support value
, May 16 2012, MumbaiAs the rupee dipped to its all time-low of 54. 46 to a dollar in early trade today leading to increasing calls for arresting its fall at any cost
RBI steps in to curb rupee volatility, not support value
, May 16 2012, MumbaiAs the rupee dipped to its all time-low of 54. 46 to a dollar in early trade today leading to increasing calls for arresting its fall at any cost
Coal India signs fuel supply pacts with 14 power plants
, May 16 2012, New DelhiCoal India has so far entered into pacts with 14 power plants for the supply of fossil fuel, while some have refused to sign it due to their objections on
Austerity measures on the way, says Pranab
, May 16 2012, New DelhiCiting the difficult economic situation, finance minister Pranab Mukherjee today said the government would be resorting to a fresh spell of austerity measures to deal with the problems, but made
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The controversial National Pharmaceutical Policy may finally see the light of the day with the health ministry and chemicals ministry sorting out differences over some proposals in the policy.
- India, Pak agree to inspect water projects

India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,
- WTO deal still elusive

The WTO has finally created unity among its 152 members — but unfortunately for head Pascal Lamy, the only thing all states agree on is that the prospect of a new trade deal is still far away.
- Foreign shippers seek level-playing field

Foreign ship owners have asked the directorate general of shipping for a level-playing field and a “rethink” on its latest order banning overseas vessels, which are over 25 years old
- Plea to extend crop insurance
Andhra wants cut-off date for crop insurance of non-loanee farmers to be extended to September.
- Healthcare needs Rs 3,70,000cr
India will need investments of Rs 3,70,000 crore for healthcare facilities, a study said.
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Sugar prices may rise to an unreasonable level if the sale of buffer stock quantum is kept voluntary.
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NMCE will start new series for future contracts in non-ferrous metals from August 1.
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