Page-47 of Economy of India

PM with C Rangarajan, D Subbarao & Montek Singh reviews decline in rupee and its impact

May 26, 2012

Prime Minister Manmohan Singh reviewed the plummeting trend of rupee value and its impact on the economy with: D Subbarao , RBI Governor; Montek Singh Ahluwalia, Planning Commission Deputy Chairman and C Rangarajan, Chairman of Prime Minister’s Economic Advisory Council ..

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Agreement signed for manufacture of Railways spare parts

May 26, 2012

An Agreement inked for manufacture of Railways spare parts. Objective: Manufacture Railways spare parts at Jalingham near Nandigram in West Bengal Main signatories: Indian Railways Steel Authority of India Limited (SAIL), State Government Burn Standard Company What will be manufactured? ..

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SBI posts nearly 200-time increase in profit for Jan-March period

May 23, 2012

SBI, India’s largest bank posted nearly 200-time increase in profit at over Rs 4,000 crore for January-March period. This is the highest ever quarterly profit in SBI’s history and is on the back of a sharp fall in provisioning for ..

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‘Give free land for 999 years to set up private varsities’

May 14, 2012

A Committee report on corporate sector participation in higher education headed by Chief Mentor of Infosys N R Narayana Murthy presented its report to the Planning Commission Deputy Chairman Montek Singh Ahluwalia. Some of its key suggestions: Promote private sector ..

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30 new activities brought under NREGS

May 11, 2012

The government has amended Schedule-I and Schedule-II of the Mahatma Gandhi National Rural Employment Guarantee (MGNREG) Act, 2005. There is now an expansion of the scope of activities permitted under the MNREGS by including 30 new activities. These will supplement ..

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Govt disallows $1.24 bn RIL cost recovery

May 7, 2012

The Petroleum Ministry disallowed the RIL’s (Reliance Industries Ltd) $1.24 billion cost recovery from its investment in the KG-D6 field, in the Krishna-Godavari (KG) basin. RIL has already taken the government to the Supreme Court over its inability to nominate ..

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