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News for week ended 10th october,2010


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News for week ended 10th october,2010

  1. 1. NEWS……………………… for week ended 10/10/2010<br />By:- Robin Inderpal Singh<br />
  2. 2. RBI must intervene to control Rs. <br />With reaching Indian convertible Rs. 44.38 a 6 month high.<br />There are some sectors like apparel which are just spectators due price rise.<br />As the currency war going on b/w China, Brazil, South Korea and Switzerland to devaluate their currency.<br />To protect their country industry RBI must intervene now.<br />
  3. 3. 6 ministries to decide on FDI retail<br />
  4. 4. India, France target to double bilateral trade to $12b<br />
  5. 5. Durg seizure issue with EU settled<br />
  6. 6. Micromax launches DUBAI operations<br />
  7. 7. Gems & Jewellery exports may grow to 30-35%<br />Gems & Jewellery exports may grow to 30-35% : GJEPC<br />61% growth in exports has been achieved till August, 2010.<br />Total exports stood $29.33billion in FY10.<br />US is the biggest exporter with 34% share.<br />
  8. 8. Maruti Suzuki exports cross8 lakh-mark<br />
  9. 9. Staff on board in PSUs selloffs<br />PSU to take employees’ union in confidence before initiating disinvestment process.<br />To arrange awareness programs to make them know about the benefits.<br />Many unions like of BSNL oppose the disinvestment.<br />All state run companies to allot shares under the preferential quota to EMPLOYEES.<br />
  10. 10. hmm<br />