Shan’s Personal Blog to share his views and thoughts…
Posted in News on May 26th, 2007
Inflation fell for the fourth consecutive week to 5.27 per cent during the week ended 12th May even as some essential food products like vegetables, fruits, milk and eggs turned expensive, inflation during the previous week stood at 5.44 percent.
Even though prices of items in major categories of primary articles and manufactured products rose, inflation [...]
As US stock drop, the country’s key stock market index has opened lower by 500 points in highly volatile trading and Nifty is down by 150 points, investors offloaded holdings ahead of Union Budget.
The market, which has been flirting with negative terrain over the last seven trading sesasions, plunged by 170.69 points at 13,478.83 as [...]
Posted in News on Feb 27th, 2007
Finance Minister P Chidambaram will present the Union Budget 2007-08 in the Parliament today, growth rate of agriculture still remains an area of concern.
Posted in News on Feb 27th, 2007
Shiromani Akali Dal-BJP combine took a formidable lead in the Punjab Assembly elections despite CM Amarinder Singh’s boisterous claims of returning to power.
BJP appears set to form the government in Uttarakhand with the Congress conceding defeat.
Posted in News on Feb 26th, 2007
The Economic Survey for 2007-08 would be released by the Government today, having predicted an 8.1% growth rate for India last year.
The growth rate projected last year was close to a level witnessed by East Asian countries before the take-off phase. It had however cautioned that growth needed to come from better reforms.
Posted in News on Feb 26th, 2007
The Akali Dal-BJP combine appears set to sweep the Punjab Assembly polls while the Congress and BJP were involved in a neck-and-neck race in Uttarakhand.
Early projections in 84 seats gave Akali Dal-BJP combine 57 seats in a House of 117 while the ruling Congress was ahead in 25 constituencies.
Oil prices on Monday traded above USD 61 a barrel in Asian trade, the highest level of the year in a market focussed on renewed geopolitical tensions.
At 2:55 pm (0655 GMT) New York’s main oil futures contract, light sweet crude for delivery in April, advanced 31 cents to USD 61.45 a barrel from USD 61.14 [...]
Posted in News on Feb 25th, 2007
Just 5 of the 50 listed as suspected corrupt people in Bangladesh have bothered to respond to the Anti-Corruption Commission’s (ACC) notice to submit their wealth statements, the deadline for which expires today.
On 18th February, the ACC published the first list of 50 suspected corrupt people, mostly politicians including those from Bangladesh’s two major parties, [...]
The US has said it was awaiting the Indian government’s response to the entry of world’s largest retailer Walmart in the country.
“We will have to see what government officials decide…,” US Commerce Secretary Carlos Gutierrez said at a press conference when asked about the controversy over the Bharti-Walmart joint venture for retail.
Zaheer Khan gave a stunning exhibition of seam bowling to capture a career-best 5-42 as India recorded a comfortable five-wicket victory over SLanka in the third cricket one-dayer to restore the balance in the four-match series at Margao.
Zaheer, capped his dream comeback with a superb display to restrict the islanders to 230 for eight before [...]