India's forex reserve dropped by $1.37-billion
NI Wire, Sat, 19 May 2012
Amid continuously depreciating Indian currency 'Rupee' as international currency 'Dollar', India's foreign exchange
reserve (forex) dropped by US $1.37-billion, official data reflects it........
Rupee hits all time low; FM stresses on austerity
NI Wire, Wed, 16 May 2012
The depreciating rupee today hit all time low at Rs.54.46 as against one US dollar and gave a warning signal to India.
However Indian Finance Minister Pranab Mukherjee has appealed for austerity as the situation will improve if eurozone crisis
would slow down........
India decides to cut 11% crude oil imports from Iran
NI Wire, Tue, 15 May 2012
Amid mounting pressure from United State, Indian government has decided to reduce crude oil imports from Iran by 11.1%,
sources say.............
DTC bill to be introduced in next Parliament session: FM
NI Wire, Tue, 15 May 2012
The proposed Direct Tax Code (DTC) bill will be introduced in the next session of Parliament, said Finance Minister Pranab
Mukherjee on Tuesday in Rajya Sabha while presenting Finance Bill 2012...........
TRAI set to go on conventional auction plan
NI Wire, Mon, 14 May 2012
Despite facing severe criticism and threatens of hiking call rates by telecom operators, the Telecom Regulatory Authority
of India (TRAI) Sunday is still rigid on its stand to go for conventional spectrum auction on high reserve prices........
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