The document discusses several topics: 1) The Indian economy is projected to grow 8.5% in the current fiscal year according to Goldman Sachs. 2) The EU has agreed to amend laws regarding drug seizures from India following negotiations. India will withdraw its WTO complaint as a result. 3) Dell launched its Dell Streak smartphone-tablet hybrid in India in partnership with Qualcomm and Tata Docomo. 4) Green guidelines for special economic zones in India will be announced soon to make them more environmentally friendly. 5) An association reported that prices of essential goods rose 18% in India over the past year, disproportionate to rises in income and changing food habits. Condim

1. Index to peak by Diwali RIL, SBI & FIIs Seen Driving Rally Past All-Time High Of 21,207 Seen on Jan 10, 2008. INDIA’S $1.2-trillion economy is set to grow a scorching 8.5% in the year to March 2011, according to global investment bank Goldman Sachs.

2. Drug seizure issue settled, EU agrees to amend laws The EU has accepted our position and amended its rules,” commerce and industry minister Anand Sharma told reporters on the sidelines of the Ficci-Frauenhofer CEOs Roundtable in Berlin on Thursday. He said India would withdraw the complaint filed at the World Trade Organisation (WTO) against such seizures. “We do not want to be in conflict. There has been realisation and we appreciate the steps, which have been taken. They went to the extent of saying that they were misreading the concerned EU notification

3. Dell launches smart phone-tablet Streak in India Dell announced the launch of its smartphone tablet device 'Dell Streak' in India, in association with Qualcomm and Tata DOCOMO. The Dell Streak is a five-inch Android-based tablet combining the features of a smart phone and a tablet and the company said its designed to provide people the best 'on-the- go' entertainment, social connection, and navigation experience.

4. Green norms for SEZs to be announced soon Export Promotion Council director general, "The govt will shortly notify green SEZ guidelines, standards and rating system to make all SEZs environment friendly."

5. Prices of essentials rose 18 per cent in one year: Assoc ham The survey found that the per capita consumption of condiments and spices in India is on the rise in prices of essential commodities and per capita income is the rise following a change in food habits. The study says that the rise in prices of essential commodities and per capita income is utterly disproportionate. The prices of condiments witnessed extremely high volatility - 40 per cent - between August 2009 and August 2010.