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Rupee depreciation led to higher NRI remittances, says ASSOCHAM study
Tuesday, September 25, 2012
Report by OD bureau, New Delhi: A sharp decline in the rupee value in the last one year resulted in a surge in the NRI remittances in the fiscal 2011-12 and going forward, these inflows will only improve in the current financial year, an ASSOCHAM study has said.
The rupee...
Odisha: Vedanta conferred with Kalinga Safety Award
Tuesday, September 25, 2012
Report by OD bureau, Bhubaneswar: Odisha Governor Muralidhar Chandrakant Bhandare presented the prestigious KALINGA SAFETY AWARD 2011 to Vedanta Aluminium Limited, Lanjigarh on September 14, 2012 in a glittering ceremony held in Hotel New Marion, Bhubaneswar. Rabi Narayan Mishra,...
Odisha: Mahindra launches 'Quanto' in Bhubaneswar
Tuesday, September 25, 2012
Report by OD bureau; Bhubaneswar: Mahindra & Mahindra Ltd. (M&M), a part of the US $15.4 billion Mahindra Group, today unveiled the eagerly awaited all new compact and versatile SUV QUANTO inBhubaneswar. Designed and developed in-house by Mahindraon the robust, proven and...
Bleak Export Prospects in second half 2012 - FICCI Export Survey
Tuesday, September 25, 2012
Report by OD bureau; New Delhi: India’s external sector is once again amidst a difficult situation owing to the global economic scenario and the same has also been revealed by the latest round of FICCI’s Export Survey conducted for first half of the calendar year 2012. As per the...
CCEA approved Financial Restructuring of State Distribution Companies
Monday, September 24, 2012
Report by OD bureau, New Delhi: The Cabinet Committee on Economic Affairs today approved the scheme for Financial Restructuring of State Distribution Companies (Discoms).
The scheme contains various measures required to be taken by State Discoms and State Governments ...
117.18 MT Foodgrain Production Estimated in the Kharif Season
Monday, September 24, 2012
Report by OD bureau; New Delhi: As per the First Advance Estimates of production of Kharif crops, 117.18 million tonnes (MT) foodgrains is likely to be produced in the current season. These production estimates are higher than the average of the first advance estimates o...
CII Congratulates the PM for Staying the Course on Reforms: Adi Godrej
Sunday, September 23, 2012
New Delhi: With his actions last week and the address to the nation last evening, the Prime Minister, Dr Manmohan Singh, has unambiguously sent a message that the Government is determined to see through the reforms that have been at the centre of the political controversy lately....
Gold outshines equity, other asset classes, says ASSOCHAM study
Sunday, September 23, 2012
New Delhi: Gold has witnessed a golden era in terms of return to investors, while the share market has given negative returns on investment in the last three years, an ASSOCHAM study has noted.
Those who invested in gold during August-September in 2009 have seen their mo...
Odisha: Gopalpur Port's 1st phase work to be completed by March 2013
Sunday, September 23, 2012
Bhubaneswar: The first phase of work of the Gopalpur port being developed by Gopalpur Port Limited is likely to be completed by March, 2013. This was informed by the directors of GPL, M M Moharana.
Moharana said that the the work is under progress and all efforts ar...
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