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Punnet

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this file contains weekly news items

this file contains weekly news items

Published in: Business, Technology

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  • 1. Weekly news file Submitted by: Puneet kaur
  • 2. Household expects inflation at 11.9% by june:RBI survey
    • Although the Government expects inflation to moderate to about 5.5 per cent by March 2010, a survey by the Reserve Bank has found that households expect it to rise to almost 12 per cent by next June.
  • 3. High demand of Pak,Chinese onions hit india’s export by 33%
    • India's onion exports fell by 33 per cent to 94,800 tonnes in September on the back of higher demand and lower prices of Pakistani and Chinese onions in the overseas markets.
  • 4. INDIA, US talking export curbs on high-tech items
    • Finance Minister Pranab Mukherjee said that India has taken up with the US the issue of export control in high-technology trade.
  • 5. Taxes on tobacco in INDIA lowest in ASIA-PACIFIC
    • Tax levied by India on tobacco products is among the lowest in the entire Asia Pacific region, and at variance with the World Health Organization’s norms.
  • 6. Crop loan refinancing is set to jump 54%
    • Crop loan refinancing is set to jump 54% on a planting surge, following bountiful monsoon that prompted the National Bank for Agriculture and Rural Development (Nabard) to seek more government funding.
  • 7. ANDHRA passes law to regulate MFIs
    • THE Andhra Pradesh government on Thursday approved a law that will regulate microfinance firms, or MFIs, complicating efforts to resolve the suddenly resurgent issue of the interest rates poor borrowers need to pay for taking loans.