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Economy News

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Continuation of monthly Above Poverty Line (APL) allocation of foodgrains at the..  17-May-2013 | 16:52
The Cabinet Committee on Economic Affairs (CCEA) has approved the continuation of the same scale of allocation to APL families during 2013-14 under the Targeted Public Distribution System (TPDS). As on 1st April, 2013, the total stocks of rice and w..
Maharashtra Plan For 2013-14 Finalized at Rs80,500 crore  17-May-2013 | 11:41
The Annual Plan for the year 2013-14 for Maharashtra was finalized here today at a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Maharashtra, Shri Prithviraj Chavan. The plan size has been agre..
Government Decides to Launch Inflation Index Bonds (IIBs)   16-May-2013 | 10:06
Pursuant to the announcement in the Union Budget 2013-14, the Government of India in consultation with Reserve Bank of India (RBI) has decided to launch Inflation Index Bonds (IIBs), as instruments that will protect savings of poor and middle classes..
RBI announces Scheme for Inflation Indexed Bonds - 2013-14  15-May-2013 | 14:55
Pursuant to the announcement made in the Union Budget for 2013-14 to introduce instruments that will protect savings of poor and middle classes from inflation and incentivise household sector to save in financial instruments rather than buy gold, RBI..
Mineral Production During March 2013 rises 16.5%  15-May-2013 | 07:33
The index of mineral production of mining and quarrying sector in March 2013 was higher by 16.5% compared to that of the preceding month. The mineral sector has shown a negative growth of 2.9% during March 2013 as compared to that of the correspondin..
Inflation @ 4.89% in April 2013  14-May-2013 | 12:29
The official Wholesale Price Index for 'All Commodities' (Base: 2004-05 = 100) for the month April, 2013 rose by 0.5 % to 171.5 (provisional) from 170.6 (provisional) for the previous month. The annual rate of inflation, based on monthly WPI, stood ..
Visa on Arrival Scheme Registeres a Growth of 23 Percent During April 2013   13-May-2013 | 16:24
Visa on Arrival (VOA) scheme of the government continues to be popular with foreign tourists. It registered a growth of 23.5% during April, 2013 as compared to April, 2012. During the month, a total number of 1408 VoAs were issued as compared to 1140..
Imports ease, exports rise marginally in April 2013  13-May-2013 | 16:21
Exports during April 2013 were valued at US $ 24164.37 million (Rs131395.43 crore) which was 1.68 per cent higher in Dollar terms (6.71 per cent higher in Rupee terms) than the level of US $ 23766.14 million (Rs123137.36 crore) during April, 2012..
CPI for the month of April eases at 9.39%  13-May-2013 | 16:16
Provisional annual inflation rate based on all India general Consumer Price Indices (CPI) on base 2010=100 (Combined) for April 2013 on point to point basis (April 2013 over April 2012) eased to 13 months low and stood at 9.39% as compared to 10.39% ..
Railway Revenue Earnings Up by 13.65 Per Cent During April 2013   10-May-2013 | 14:49
The total approximate earnings of Indian Railways on originating basis during April 2013 were Rs11009.17 crore compared to Rs9687.15 crore during the same period last year, registering an increase of 13.65 per cent. The total goods earnings have..
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