The Reserve Bank of India’s reference rate for the US dollar came down

New Delhi, June 18 : The Railway revenue earnings have gone up by 17.96 pe

For the week ended May 31, the Indian inflation figures reached to 8.75%, accelerating to its fastest pace in the last seven years unabated from the last week’s 8.24%, fueled by increasing commodit

New Delhi  - India's inflation rate rose to 8.75 per cent in the week ending May 31, up from the previous week's 8.24 per cent, to touch a seven-year high, according to government data released Fri

Bhatinda/Malwa (Punjab), June 13 : Anticipating a higher minimum support price for paddy, farmers in Bhatinda in Punjab are likely to switch over to paddy cultivation in place of cotton this summer season.

The farmers said that they are expecting a rise in the minimum support price of paddy, a decision that Union Agriculture Minister Sharad Pawar is likely to take before the sowing season begins.

A similar announcement for wheat in winter led to its all time high production in the country.

Apart from the minimum support price, the farmers feel that paddy, as compared to cotton, requires less maintenance.

Mumbai, June 12 : The deal in which Ranbaxy Laboratories Ltd India’s largest pharmaceutical company was sold off to a Japanese-based Daiichi Sankyo Co. has been appreciated by experts.

ChrysCapital Managing Director Sanjiv Kaul, an ex-Ranbaxy executive and a sector analyst said, “Commercially, it is an awesome deal. However, Ranbaxy was the all-conquering Indian hero and should have been the last man standing instead of being the first to capitulate. A huge positive for Ranbaxy but a negative for Indian pharma.”