The earlier record of wheat procurement was 206.3 lakh tons achieved in 2001-02. The total procurement was 111.2 lakh tons last year as against the targeted 150 lakh tons. The target for this year was kept unchanged. Enthused by the
This is the year we will have the highest procurement of wheat. The highest procurement of wheat ever in independent India... We have ample stock of food grains," Finance Minister P Chidambaram told reporters here. Several international organisations like FAO
It is striking how quickly the over-hyped optimism over the evolving India economic story has given way to a reality check in general and pessimism over the economic outlook in particular. Capital inflows into India were attracted by the increasing
As it turns out, the number of small and marginal farmers is more than 30 million and it is estimated that the number is likely to be 36.90 million, while the number of other farmers is estimated about 5.97 million.
Outside Saudi Arabia, there is no spare capacity. Sanctions on Iran have meant that no new outside funds have come to bolster the current production of around 4 million barrels a day. Outside Saudi Arabia, there is no spare capacity.
Here is an astonishing fact: on December 10 1998, the spot price for a barrel of West Texas Intermediate crude was exactly $10 and ninety eight cents. Nearly 10 years and one thousand and sixty two per cent later, it
By far the most awaited game of the year, Grand Theft Auto IV (GTA IV) takes gamers on the streets of Liberty City, a dystopic version of New York City in 2008. What propels this violent, intelligent, profane, endearing, obnoxious,
Bharti has decided to disengage from the ongoing talks and has conveyed the same to MTN," the company said. "The MTN board has now presented a completely different structure," the statement said, than what was agreed earlier.
Under the Slum Prevention Programme, the Mumbai Metropolitan Regional Development Authority will build 500,000 houses in the Mumbai Metropolitan Region over the next five years. Of this, 50,000 houses would be built over the next year, said metropolitan commissioner Ratnakar
The pure gold is alloyed with silver, copper and various to make it suitably hard for jewelery making. The percentage of pure gold is denoted by its carat (k) weight. Pure gold is 24k (ie.100per cent gold), the other common
A committee set up by the Association of Mutual Funds in India had recommended that the existing OD may be split into two parts -- Statement of Additional Information, which will incorporate all statutory information on mutual funds, and Scheme
Beirut - 750 thousand Lebanese from the four corners of the earth plan to come to Lebanon after the Doha accord was announced ending the Lebanese political crises , The Lebanese ministry of tourism has announced
We have submitted a 13-point charter of demands of the industry to the Prime Minister's Office and Finance Ministry. One of the demands is that export duty should be rolled back in view of industry promising to hold the price
Consequently, it is feared that inflation would be much higher than the latest provisional data that shows it was 7.82 per cent for the week ending May 10. This coupled with surging global oil prices, that could prompt the government
As it stands now, for another 3-4 months inflation will remain high even though it would show a tendency to decline at around 6 per cent. Inflation may reach even 5.5 per cent by end of this fiscal," Council Chairman
The oil ministry also wanted cut in customs duty on crude oil and products and excise duty reduced on the two auto fuels, but with Finance Minister P Chidambaram unwilling to part with revenues, Prime Minister Manmohan Singh asked his
Joining the list of nations that are keen to have the Nano ply on their roads, Cuba today said the world's cheapest car from the house of Tatas has huge potential in the Caribbean nation.
The broad idea is to help freshers and high-potential employees develop soft skills not generally taught at universities, and simultaneously increase retention rates in an industry that has attrition rates between 30 and 50 per cent. The industry, according to
For ITC Ltd, 2007-08 continued to be year of quiet growth. Just more launches in its relatively new segment of non-cigarettes fast-moving consumer goods, and solid growth.