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Economy News
4 A court on Wednesday rejected the bail applications of five top
executives of telecom companies accused in the country's biggest scam
involving award of telecom licences and spectrum in 2008. The five are
Sanjay Chandra, the managing director of Unitech and chairman of
Unitech Wireless; Gautam Doshi, group MD, Reliance Anil Dhirubhai
Ambani Group (ADAG); Surendra Pipara, senior vice-president of ADAG;
Hari Nair, senior vice-president of ADAG; and Vinod Goenka, the MD of
DB Realty and Swan Telecom (now Etisalat DB). (BS)
4 India's farm growth may cross 4% in 2011-12 on the back of monsoon
rains, which are expected to be normal this year as per the Met
Department. "Our efforts will be to maintain four per cent agriculture
growth this year and beyond that if monsoon cooperates," Agriculture
Minister Sharad Pawar said. (ET)
4 The Planning Commission is likely to set a realistic average growth target
of 9% for the 12th plan. "A 9% target is feasible and we can go till 9.5%,
but targeting 10% growth is unrealistic," said Planning commission
deputy chairman Montek Singh Ahluwalia . (ET)
4 Global crude steel production in March has gone up by 7 per cent y-o-y to
129 million tonnes (MT) in which India contributed only 6.35 MT, according
to World Steel Association (WSA). (BL)
Visit http://indiaer.blogspot.com/ for complete details �� ��
Economy News
4 A court on Wednesday rejected the bail applications of five top
executives of telecom companies accused in the country's biggest scam
involving award of telecom licences and spectrum in 2008. The five are
Sanjay Chandra, the managing director of Unitech and chairman of
Unitech Wireless; Gautam Doshi, group MD, Reliance Anil Dhirubhai
Ambani Group (ADAG); Surendra Pipara, senior vice-president of ADAG;
Hari Nair, senior vice-president of ADAG; and Vinod Goenka, the MD of
DB Realty and Swan Telecom (now Etisalat DB). (BS)
4 India's farm growth may cross 4% in 2011-12 on the back of monsoon
rains, which are expected to be normal this year as per the Met
Department. "Our efforts will be to maintain four per cent agriculture
growth this year and beyond that if monsoon cooperates," Agriculture
Minister Sharad Pawar said. (ET)
4 The Planning Commission is likely to set a realistic average growth target
of 9% for the 12th plan. "A 9% target is feasible and we can go till 9.5%,
but targeting 10% growth is unrealistic," said Planning commission
deputy chairman Montek Singh Ahluwalia . (ET)
4 Global crude steel production in March has gone up by 7 per cent y-o-y to
129 million tonnes (MT) in which India contributed only 6.35 MT, according
to World Steel Association (WSA). (BL)