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Indian Economy

Inflation rises marginally to 11.98 percent

Inflation Rate 11.98%New Delhi, July 31 : Inflation has marginally risen to 11.98

Additional term of reference for Thirteenth Finance Commission

Indian EconomyNew Delhi, July 31 : The Union Cabinet today gave its approval for insertion of the additional term of reference in the term of reference of the Thirteenth Finance Commission.

Small, medium business most optimistic in India

Singapore - Small and medium-sized enterprises (SMEs) in India emerged as the most optimistic in Asia, a survey of Asia- Pacific business confidence said Wednesday.

HSBC's commercial banking unit in Singapore commissioned the biannual survey, regarded as an indicator of economic health.

Fifty-nine per cent of the SME's queried in India expect rapid growth, up from 58 per cent last year, according to findings published in The Straits Times.

South Korea, with only 6 per cent of SME's forecasting positive growth, was the least optimistic.

RBI hikes repo rate by 0.50 points, CRR by 0.25 points to contain inflation

New Delhi, July 29 : RBI hikes repo rate by 0.50 points, CRR by 0.25 points to contain inflation

Inflation hits hard poultry business in Ajmer

Ajmer,Indian Economy July 23: The poultry industry at Ajmer in Rajasthan is hit hard by inflation.

Due to the increasing cost of poultry feed, it has become very difficult for the poultry farmers to run their business as they are facing severe losses.

Poultry farmers complain that the feed cost has increased two to three times in the past three to four months while the price of eggs have not increased in that ratio.

According to farmers, production cost per egg in today''s scenario amounts to one and a half rupee while it is sold for less than one rupee in the wholesale market.

BEML bags construction equipment orders worth Rs. 241 crores

New New Delhi, July 15 : Bharat Earth Movers Limited (BEML), a Defence Public Sector Undertaking, the leading Mining and Construction Equipment Manufacturer in India and second largest in Asia, has

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