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Direct tax collections up 14%
Direct tax collections shot up by 13.91 per cent to Rs 1001.12 billion in the first five months of the 2010-11 financial year till August, the finance ministry said on Monday.

Sensex rallies to 30-month high
The Bombay Stock Exchange benchmark index, Sensex, rallied by over 338 points on Monday to close at its highest level in two-and-half years as better-than-expected jobs data from the U.S. allayed concerns that global economic growth is faltering.

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Don’t mine your own business

The Vedanta group, known for its multinational assets in metals and mines, suffered a serious setback last week when its application for mining bauxites in Orissa’s Niyamgiri hills was scrapped by a government panel. However, the government's refusal to accord environment clearance to Vedanta's proposed US$ 1.7 billion aluminum project is being viewed as a major victory for the green lobby.

My way or highway

Recent initiatives taken by the FM to resolve regulatory disputes have a bearing of the government impeding the autonomy of various regulatory authorities. While Mukherjee, being a seasoned politician that he is, has so far denied any intention on the ministry’s part to intervene in the policymaking process, the recent missives coming out from the North Block that houses the finance ministry indicate otherwise.


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Affordable Housing - a key to realestate growth!

It is understandable that economic growth leads to rise in income but this has led to even faster rise in property prices leaving it unaffordable for majority of population. Affordable housing is expected to have a positive by improving basic quality of life.While the concept of affordable housing seems to be a simple solution to current housing woes, its execution remains complicated due to the unclear policy framework.

Indian Cable Industry TV Part-6 Investment & Future

Over the past few years, the M&E industry has witnessed increased investments in the form of public issues, Strategic Stakes and Private Equity Funding. These investments have come from both the established industry majors as well as private equity players, from the global as well as the Indian market. Most of the organized funding from the global players has been concentrated on the medium of television


Sensex (Monday Closing)
18560Ý
Nifty (Monday Closing)
5580Ý
Re /US $ (Monday Closing)
46.53Ý
Industrial Production (Apr'10)
17.6%
Inflation (May'10)
10.16%
Forex reserves (as on 13/08/10)
US$ 282.79bn
FDI Inflows (Apr - Dec'09)
US $20.9bn
Imports (Apr-June'10)
34.2%
Exports (Apr-June'10)
32.2%
 
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