tag:blogger.com,1999:blog-91441399764803017992024-03-08T17:03:39.520+05:30Indian Stock MarketStock exchange News, valuation, Stock picks,bombay stock exchange live, market analysis,stock trading,Stock exchange,stock mutual funds,market analysis,money market,mutual funds, online trading, stock trading, set index,live market,share bazarUnknownnoreply@blogger.comBlogger2256125tag:blogger.com,1999:blog-9144139976480301799.post-43597438579645597002023-07-12T10:10:00.000+05:302023-07-12T10:10:00.020+05:30Bitcoin Price Trends: Predicting the Future After the Next Halving<p>In the realm of cryptocurrency, Bitcoin has proven its resilience and captivating potential over the years. One crucial event that has a significant impact on Bitcoin’s price is the halving. This blog post aims to explore the expected price trends following the next halving event, offering insights and predictions based on historical data, market analysis, and the time remaining until the next halving.</p><p><br /></p><p><span class="Apple-tab-span" style="white-space: pre;"> </span>1.<span class="Apple-tab-span" style="white-space: pre;"> </span>Understanding Bitcoin Halving:</p><p>Bitcoin halving is a pre-programmed event that occurs approximately every four years, reducing the block reward miners receive for validating transactions. The halving aims to maintain scarcity and control inflation. With each halving, the issuance of new Bitcoins decreases, impacting the supply and potentially influencing the price.</p><p><span class="Apple-tab-span" style="white-space: pre;"> </span>2.<span class="Apple-tab-span" style="white-space: pre;"> </span>Historical Patterns and Price Trends:</p><p>Analyzing previous halving events, we can observe consistent patterns. The first halving in 2012 and the second in 2016 triggered substantial price increases, with Bitcoin reaching new all-time highs. These events attracted significant media attention, market speculation, and investor interest, leading to a surge in demand.</p><p><span class="Apple-tab-span" style="white-space: pre;"> </span>3.<span class="Apple-tab-span" style="white-space: pre;"> </span>The Time Remaining until the Next Halving:</p><p>As of the current date, the time remaining until the next Bitcoin halving is subject to the specific date of the article’s publication. Please refer to reliable sources or dedicated Bitcoin halving countdown websites to determine the precise time remaining until the next halving event.</p><p><span class="Apple-tab-span" style="white-space: pre;"> </span>4.<span class="Apple-tab-span" style="white-space: pre;"> </span>Factors Influencing Price Trends:</p><p>a. Supply and Demand Dynamics: As the supply of newly minted Bitcoins decreases, assuming demand remains constant or increases, the reduced supply can drive the price upward due to scarcity.</p><p>b. Market Sentiment: Investor sentiment and market perception play a vital role in Bitcoin’s price trends. Positive news, institutional adoption, regulatory developments, and general market sentiment can contribute to bullish trends.</p><p>c. Network Activity: Bitcoin’s network activity, including transaction volume, miner participation, and overall adoption, can indicate the health and potential value of the network.</p><p><span class="Apple-tab-span" style="white-space: pre;"> </span>5.<span class="Apple-tab-span" style="white-space: pre;"> </span>Expert Opinions and Predictions:</p><p>Experts’ opinions on Bitcoin’s price after the next halving are varied. Some believe that historical patterns suggest another significant price surge, potentially pushing Bitcoin to new all-time highs. Others highlight the increasing mainstream adoption, the potential for institutional investment, and the growing recognition of Bitcoin as a store of value, supporting long-term positive price trends.</p><p><span class="Apple-tab-span" style="white-space: pre;"> </span>6.<span class="Apple-tab-span" style="white-space: pre;"> </span>Potential Challenges and Risks:</p><p>a. Market Volatility: Bitcoin’s price is notoriously volatile, and post-halving periods may experience significant price swings. Traders and investors should be prepared for short-term market fluctuations.</p><p>b. Regulatory Uncertainty: Regulatory changes or government interventions in the cryptocurrency space can impact Bitcoin’s price and market sentiment.</p><p>c. Technological Developments: Technological advancements, such as scalability solutions or competing cryptocurrencies, could potentially influence Bitcoin’s position in the market.</p><p><span class="Apple-tab-span" style="white-space: pre;"> </span>7.<span class="Apple-tab-span" style="white-space: pre;"> </span>Diversifying Investment Strategies:</p><p>Investors should consider diversifying their cryptocurrency portfolios beyond Bitcoin to mitigate risks. Exploring other established cryptocurrencies or promising altcoins may provide additional opportunities for growth.</p><p><br /></p><p>Conclusion:</p><p>While predicting Bitcoin’s exact price after the next halving event is challenging, historical patterns, market analysis, and expert opinions offer insights into potential price trends. Factors such as supply and demand dynamics, market sentiment, network activity, and the time remaining until the next halving will continue to shape Bitcoin’s future. Investors should approach the post-halving period with a long-term perspective, considering both the opportunities and risks associated with this dynamic and evolving cryptocurrency. By staying informed and understanding the nuances of the market, individuals can make more informed decisions regarding their Bitcoin investments.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-62284628866985575242023-06-21T06:28:00.001+05:302023-06-21T06:28:07.903+05:30Will Shiba Inu (SHIB) Reach $0.01? Examining the Potential and Factors at Play<p>Introduction:</p><p>Shiba Inu (SHIB), a cryptocurrency that gained significant attention and popularity, has sparked debates and discussions about its future potential. Among the many questions asked by investors and enthusiasts is whether SHIB will reach $0.01. In this blog post, we'll delve into the factors that could influence SHIB's price trajectory and explore the possibilities.</p><p><br /></p><p>1. Understanding Shiba Inu (SHIB):</p><p>Shiba Inu is an ERC-20 token on the Ethereum blockchain, inspired by the popular dog breed and meme culture. It gained notoriety for its decentralized community and the "Dogecoin Killer" narrative. While it's impossible to predict future price movements with certainty, examining various factors can shed light on the potential for SHIB to reach $0.01.</p><p><br /></p><p>2. Market Sentiment and Demand:</p><p>Cryptocurrency prices are heavily influenced by market sentiment and demand. The interest and enthusiasm surrounding SHIB can play a significant role in its price movement. Positive developments, community engagement, and increased adoption could generate demand and potentially push the price upward. However, market sentiment can be volatile, and it's crucial to consider the dynamic nature of the crypto market.</p><p><br /></p><p>3. Tokenomics and Supply Dynamics:</p><p>Understanding the tokenomics of SHIB is essential when assessing its price potential. SHIB has a large total supply, which can impact its price dynamics. Achieving a specific price target like $0.01 would require substantial demand and trading volume. Factors such as token burns, utility enhancements, and community-driven initiatives can influence supply dynamics and affect the overall market perception.</p><p><br /></p><p>4. Market Volatility and External Factors:</p><p>Cryptocurrencies are known for their price volatility, and SHIB is no exception. External factors, including broader market trends, regulatory developments, and investor sentiment towards the crypto industry, can significantly impact SHIB's price trajectory. It's important to be mindful of these factors and their potential influence on the overall cryptocurrency market.</p><p><br /></p><p>5. Risk and Considerations:</p><p>Investing in cryptocurrencies carries inherent risks. While some investors may anticipate SHIB reaching $0.01, it's crucial to approach such predictions with caution. Cryptocurrency markets can be highly speculative, and price movements are often unpredictable. It's advisable to conduct thorough research, consider multiple perspectives, and only invest funds you can afford to lose.</p><p><br /></p><p>Conclusion:</p><p>Predicting whether Shiba Inu (SHIB) will reach $0.01 is a challenging task due to the dynamic nature of the cryptocurrency market. While positive market sentiment, demand, and community-driven initiatives can contribute to price growth, it's important to approach price predictions with caution and consider the risks involved. Investors should conduct their own research, stay informed about market developments, and make informed decisions based on their individual risk tolerance and investment strategies. As with any investment, diversification and a long-term perspective are key to navigating the crypto landscape successfully.</p><p><br /></p><p>Disclaimer: The information provided in this blog post is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks, and it's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-90643739528048792482023-06-21T06:26:00.004+05:302023-06-21T06:26:27.580+05:30Shibarium: The Rise of a Playful and Community-Driven Crypto Experiment<p>Cryptocurrencies have taken the financial world by storm, with innovations and unique projects constantly emerging. One such project that has gained attention and captured the imagination of crypto enthusiasts is Shibarium. In this blog post, we'll dive into the fascinating world of Shibarium, exploring its origins, its playful nature, and the vibrant community that surrounds it.</p><p><br /></p><p>1. Understanding Shibarium:</p><p>Shibarium is a decentralized experiment inspired by the popular cryptocurrency Shiba Inu (SHIB). It aims to combine the principles of blockchain technology and the enthusiasm of the Shiba Inu community to create a unique ecosystem. Shibarium operates on the Ethereum blockchain, leveraging its smart contract capabilities to introduce innovative features and utilities.</p><p><br /></p><p>2. The Playful Nature of Shibarium:</p><p>Shibarium embraces a lighthearted and playful approach, mirroring the Shiba Inu community's vibrant spirit. It incorporates elements of gamification, where users can participate in various activities and interact with the ecosystem in entertaining ways. From earning and collecting unique digital assets to engaging in decentralized applications (dApps), Shibarium seeks to provide a fun and immersive experience for its participants.</p><p><br /></p><p>3. Shibarium Features and Utilities:</p><p>a) ShibaSwap: Shibarium offers ShibaSwap, a decentralized exchange where users can swap, stake, and provide liquidity for various tokens within the Shibarium ecosystem. ShibaSwap provides an opportunity to earn rewards and actively participate in the community's growth.</p><p><br /></p><p>b) NFT Marketplace: Shibarium boasts an NFT (Non-Fungible Token) marketplace, where users can buy, sell, and trade digital collectibles. These NFTs can represent artwork, in-game assets, or other unique digital items, allowing users to express their creativity and individuality.</p><p><br /></p><p>c) Community Governance: The Shibarium community actively participates in decision-making processes through decentralized governance mechanisms. Token holders can vote on proposals, shaping the future direction of the ecosystem and ensuring a democratic approach to its development.</p><p><br /></p><p>4. The Power of Community:</p><p>At the heart of Shibarium's success lies its passionate and engaged community. Members share a common interest in the Shiba Inu brand, digital assets, and the potential of blockchain technology. They come together on various social platforms, including Discord, Telegram, and dedicated online forums, fostering connections, sharing insights, and supporting one another.</p><p><br /></p><p>5. Risks and Considerations:</p><p>While Shibarium offers an exciting and playful crypto experience, it's important to be aware of potential risks and exercise caution. As with any investment or participation in the crypto space, it's advisable to conduct thorough research, understand the associated risks, and only invest what you can afford to lose. Due to the rapidly evolving nature of the crypto industry, market volatility and regulatory uncertainties should be considered as well.</p><p><br /></p><p>Conclusion:</p><p>Shibarium represents an innovative and community-driven experiment that combines the enthusiasm of the Shiba Inu community with the power of blockchain technology. With its playful nature, unique features, and vibrant community, Shibarium offers a captivating and engaging experience for crypto enthusiasts. As the project evolves and expands, it will be fascinating to see how the playful world of Shibarium continues to push the boundaries and contribute to the ever-evolving landscape of cryptocurrencies.</p><p><br /></p><p>Disclaimer: The information provided in this blog post is for informational purposes only and should not be considered financial or investment advice. Cryptocurrencies are highly volatile and speculative investments, and it is essential to do your own research and consult with a qualified financial advisor before making any investment decisions.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-9039176411015871752023-06-21T06:24:00.004+05:302023-06-21T06:24:37.198+05:30Navigating the Roller Coaster Ride: Exploring the Thrills and Challenges of the Indian Stock Market<p> Introduction:</p><p>Welcome to the world of the Indian stock market, where fortunes are made and adrenaline levels can skyrocket. It's a thrilling arena where investors, traders, and dreamers come together to navigate the highs and lows of the financial roller coaster. In this blog article, we'll take a closer look at the Indian stock market, its unique characteristics, key players, and some essential tips for those brave enough to embark on this exhilarating journey.</p><p><br /></p><p>1. Understanding the Indian Stock Market:</p><p>The Indian stock market, primarily represented by two major exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), serves as a platform for companies to raise capital and investors to buy and sell securities. It's a dynamic marketplace that reflects the pulse of the Indian economy and influences global investment trends.</p><p><br /></p><p>2. Key Players in the Indian Stock Market:</p><p>a) Investors: From individual retail investors to institutional giants, a diverse range of participants contribute to the Indian stock market's vibrancy. Understanding the different investment styles, such as value investing, growth investing, and day trading, can help investors choose the right path.</p><p><br /></p><p>b) Companies: Indian corporations from various sectors, including technology, finance, manufacturing, and more, offer their shares to the public. Analyzing company fundamentals, financial statements, and market trends can assist investors in making informed decisions.</p><p><br /></p><p>c) Regulators: Regulatory bodies like the Securities and Exchange Board of India (SEBI) play a crucial role in maintaining transparency, integrity, and investor protection in the stock market. Their regulations and guidelines ensure fair practices and promote market stability.</p><p><br /></p><p>3. Opportunities and Challenges:</p><p>a) Volatility: The Indian stock market is known for its volatility, with prices swinging both ways. This volatility can present tremendous opportunities for profit, but it also carries risks. Investors need to be prepared for market fluctuations and develop a long-term perspective.</p><p><br /></p><p>b) Market Research: Conducting thorough research, analyzing company fundamentals, staying updated on market news, and understanding macroeconomic factors can help investors make well-informed decisions and identify potential winners.</p><p><br /></p><p>c) Risk Management: Implementing risk management strategies, diversifying portfolios, and setting realistic expectations are crucial for navigating the stock market's ups and downs. Investors should avoid getting swayed by emotions and practice disciplined investing.</p><p><br /></p><p>4. Tips for Success:</p><p>a) Education and Learning: Continuously improving financial literacy is essential. Understanding key financial concepts, reading books, attending seminars, and following reputable financial news sources can enhance investment knowledge and decision-making abilities.</p><p><br /></p><p>b) Patience and Discipline: Successful investors in the Indian stock market know the value of patience and discipline. They resist the temptation of quick gains, focus on long-term goals, and adhere to their investment strategies even during turbulent times.</p><p><br /></p><p>c) Seek Professional Advice: For those who feel overwhelmed or lack the time and expertise to manage their investments, seeking guidance from certified financial planners or investment advisors can be a wise move.</p><p><br /></p><p>Conclusion:</p><p>The Indian stock market is a thrilling and complex ecosystem that presents both opportunities and challenges. By understanding its dynamics, staying informed, and adopting prudent investment practices, individuals can embark on this exhilarating journey with confidence. Remember, the stock market is not merely a game of chance but a realm where knowledge, strategy, and perseverance can lead to financial success. So, fasten your seatbelts, keep a keen eye on market trends, and get ready to enjoy the wild ride that is the Indian stock market!</p><p><br /></p><p>Disclaimer: The information provided in this article is for educational purposes only and should not be considered as financial advice. Always do your own research and consult with a qualified professional before making investment decisions.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-32232267030911288842014-03-03T19:10:00.004+05:302014-03-03T19:10:55.078+05:30Bitcoin VAT to be scrapped by HMRC<div style="background-color: white; color: #333333; font-family: 'Trebuchet MS', Arial, Helvetica, sans-serif; font-size: 13px; text-align: justify;">
The Bitcoin community is targeting the "last barrier" of financial regulation after HMRC was today expected to agree to scrap VAT on the digital currency.</div>
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<em>It was</em> reported in January that HMRC was considering exempting Bitcoin from VAT liabilities by reclassifying it to something similar to a fiat currency, and it is expected to confirm the change this week after a meeting with British Bitcoin traders.</div>
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It means that businesses would no longer be forced to pay the 20% VAT rate on all revenues held in the currency over a threshold of £79,000 - something seen as a barrier to international competitiveness.</div>
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Members of the UK Digital Currency Association (UKDCA), which held the talks with HMRC, hailed the decision and predicted that it will pressurise the Financial Conduct Authority (FCA) to publish guidance on Bitcoin.</div>
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Tom Robinson, UKDCA director and co-founder of Bitcoin insured storage firm Elliptic Vault, said: "It's a very progressive view. The decision really puts pressure on the FCA because if it's money, then they should be regulating it.</div>
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"The last barrier is financial regulation. The only issue is the FCA still refuses to say anything about it."</div>
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He added that the UKDCA has heard nothing from the authority since a meeting between the parties last year.</div>
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A spokesman for the body simply told <em>CBR</em> it is keeping a close eye on developments.</div>
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He said: "Whilst the FCA does not regulate Bitcoins, businesses providing services related to bitcoins, or other digital currencies, should consider whether they are carrying on regulated activities. As you would expect, the FCA does closely watch new developments in the market."</div>
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HMRC's decision comes at a time when the Bitcoin Foundation, a not-for-profit group that develops the software behind the currency, is allegedly preparing to move its headquarters from the US to the UK this spring.</div>
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And UKDCA member, and CEO of Bitcoin integration firm Bitcoin Solutions, Gary Rowe, said the news could promote Britain as a hub for cryptocurrency businesses.</div>
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"The guidance from HMRC is a major step forward," he said. "I hope that this will show people that the UK is Bitcoin-friendly.</div>
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"It's a big green light for business in the UK regarding Bitcoin. The next big thing is guidance from the FCA. It doesn't have to be anything new or special, it just has to treat it the same as anything else."</div>
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He said FCA regulation would prove to people that the digital medium of exchange is safe to use, and hopes it could formalise Bitcoin exchanges after Mt. Gox closed following the alleged loss of $350m worth of bitcoins.</div>
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"Anybody in the Bitcoin business knew Mt. Gox was going downhill. They had serious problems," Rowe said. "Exchanges should be in the hands of the professionals. Imagine if the LSE took over Bitcoin."</div>
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But IDC analyst Alex Kwiatkowski told <em>CBR</em> people should remain sceptical of the currency.</div>
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The head of financial insights for Europe said: "The volatility of Bitcoin - not just its price but the collapse of various supporting elements vital to the currency's existence (i.e. Mt. Gox) - should make businesses wary of piling in to something which is still going through the painful teething process."</div>
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However, Robinson claimed that Bitcoin is robust, adding that price fluctuations should settle once it is more widely adopted - something he believes will happen if the FCA publishes guidance.</div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-84759424700436117662014-02-24T12:31:00.000+05:302014-02-24T12:31:02.771+05:30Bitcoins being accepted at Australian jeweller: Shiels Jewellers This will be first Australian jewellery retailer to accept Bitcoin's digital currency for online sales. Adelaide-based Shiels recently joined the list and its managing director Toby Bensimon said it has been receiving one or two transactions per day through the online currency.
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Shiels has an online store that conducts a large number of transactions every day. The number of sales with Bitcoin is still very small, but Sheils believes that the future opportunities it presents are huge.&nbspUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-69354155544092307582014-02-24T12:17:00.002+05:302014-02-24T12:24:38.912+05:30Bitcoins being accepted at Indian online retailer Highkart<span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">HighKart.com will be the first e-commerce website in India to accept 'Bitcoin payment' for products. </span><br />
<span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">They sell various products </span><span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">across various categories including mobiles, cameras, and computers with a lot more to come.</span><br />
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<span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">Highkart website says that "For people who own Bitcoins, it has become more of a saving rather than them putting them into some use, as in India; there was no other option till date. We wanted people to use Bitcoin in their day to day lives, thus helping them to be less dependent on the fiat currency which is fast depreciating! And making it a commodity in process."</span><br />
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<span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">"With Bitcoin the number of benefits associated are many, including very low / nil transaction fees, no chargebacks and no delays for starting to accept with an unprecedented security factor.</span><span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">There is no need to look it at as a barrier as with technology up-gradation, advancement and acceptability it will have a much larger user base than usual payment systems. We are working very hard and with great community support looking forward to make the cryptocurrency as mainstream currency and not just virtual currency. </span><span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">" says </span><span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">Amit Kumar, the CEO of High kart</span><br />
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<span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">On being able to manage the volatility of bitocin Amit said "</span><span style="background-color: white; font-family: 'Open Sans', helvetica, arial; font-size: 14.44444465637207px; line-height: 24.5px;">We do not store Bitcoin with us and with great support from our payment processor we are able to encash it on same day, which reduces any kind of risk involved due to volatility of Bitcoin."</span><br />
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<span style="background-color: white; font-family: Open Sans, helvetica, arial; font-size: 14px; line-height: 24.5px;"><a href="http://highkart.com/">http://highkart.com/</a></span><br />
<span style="background-color: white; font-family: Open Sans, helvetica, arial; font-size: 14px; line-height: 24.5px;"><br /></span>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-44021280483036110312013-08-20T16:21:00.002+05:302013-08-20T16:21:55.071+05:30India vs. Pakistan : Economy Comparison<table class="data-table comparison"><tbody>
<tr style="vertical-align: top;"><td>GDP (purchasing power parity)</td><td>$4.735 trillion (2012 est.) <br /> $4.492 trillion (2011 est.) <br /> $4.205 trillion (2010 est.) <br /> <strong>note:</strong> data are in 2012 US dollars</td><td>$514.6 billion (2012 est.) <br /> $496.3 billion (2011 est.) <br /> $481.7 billion (2010 est.) <br /> <strong>note:</strong> data are in 2012 US dollars</td></tr>
<tr style="vertical-align: top;"><td>GDP - real growth rate</td><td>5.4% (2012 est.) <br /> 6.8% (2011 est.) <br /> 10.1% (2010 est.)</td><td>3.7% (2012 est.) <br /> 3% (2011 est.) <br /> 3.1% (2010 est.)</td></tr>
<tr style="vertical-align: top;"><td>GDP - per capita (PPP)</td><td>$3,900 (2012 est.) <br /> $3,700 (2011 est.) <br /> $3,500 (2010 est.) <br /> <strong>note:</strong> data are in 2012 US dollars</td><td>$2,900 (2012 est.) <br /> $2,800 (2011 est.) <br /> $2,800 (2010 est.) <br /> <strong>note:</strong> data are in 2012 US dollars</td></tr>
<tr style="vertical-align: top;"><td>GDP - composition by sector</td><td><strong>agriculture: </strong>17% <br /> <strong>industry:</strong> 18% <br /> <strong>services:</strong> 65% (2011 est.)</td><td><strong>agriculture: </strong>20.1% <br /> <strong>industry:</strong> 25.5% <br /> <strong>services:</strong> 54.4% (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Population below poverty line</td><td>29.8% (2010 est.)</td><td>22.3% (FY05/06 est.)</td></tr>
<tr style="vertical-align: top;"><td>Household income or consumption by percentage share</td><td><strong>lowest 10%: </strong>3.6% <br /> <strong>highest 10%:</strong> 31.1% (2005)</td><td><strong>lowest 10%: </strong>9.9% <br /> <strong>highest 10%:</strong> 39.3% (FY07/08)</td></tr>
<tr style="vertical-align: top;"><td>Inflation rate (consumer prices)</td><td>9.2% (2012 est.) <br /> 8.9% (2011 est.)</td><td>11.3% (2012 est.) <br /> 11.9% (2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Labor force</td><td>498.4 million (2012 est.)</td><td>60.36 million <br /> <strong>note:</strong> extensive export of labor, mostly to the Middle East, and use of child labor (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Labor force - by occupation</td><td><strong>agriculture: </strong>53% <br /> <strong>industry:</strong> 19% <br /> <strong>services:</strong> 28% (2011 est.)</td><td><strong>agriculture: </strong>45.1% <br /> <strong>industry:</strong> 20.7% <br /> <strong>services:</strong> 34.2% (2010 est.)</td></tr>
<tr style="vertical-align: top;"><td>Unemployment rate</td><td>9.9% (2012 est.) <br /> 9.8% (2011 est.)</td><td>5.6% (2012 est.) <br /> 5.6% (2011 est.) <br /> <strong>note:</strong> substantial underemployment exists</td></tr>
<tr style="vertical-align: top;"><td>Distribution of family income - Gini index</td><td>36.8 (2004) <br /> 37.8 (1997)</td><td>30.6 (FY07/08) <br /> 41 (FY98/99)</td></tr>
<tr style="vertical-align: top;"><td>Budget</td><td><strong>revenues: </strong>$171.5 billion <br /> <strong>expenditures:</strong> $281 billion (2012 est.)</td><td><strong>revenues: </strong>$29.51 billion <br /> <strong>expenditures:</strong> $44.19 billion (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Industries</td><td>textiles,
chemicals, food processing, steel, transportation equipment, cement,
mining, petroleum, machinery, software, pharmaceuticals</td><td>textiles and apparel, food processing, pharmaceuticals, construction materials, paper products, fertilizer, shrimp</td></tr>
<tr style="vertical-align: top;"><td>Industrial production growth rate</td><td>4.8% (2011 est.)</td><td>3% (2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Agriculture - products</td><td>rice, wheat, oilseed, cotton, jute, tea, sugarcane, lentils, onions, potatoes; dairy products, sheep, goats, poultry; fish</td><td>cotton, wheat, rice, sugarcane, fruits, vegetables; milk, beef, mutton, eggs</td></tr>
<tr style="vertical-align: top;"><td>Exports</td><td>$309.1 billion (2012 est.) <br /> $305 billion (2011 est.)</td><td>$24.66 billion (2012 est.) <br /> $26.3 billion (2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Exports - commodities</td><td>petroleum products, precious stones, machinery, iron and steel, chemicals, vehicles, apparel</td><td>textiles (garments, bed linen, cotton cloth, yarn), rice, leather goods, sports goods, chemicals, manufactures, carpets and rugs</td></tr>
<tr style="vertical-align: top;"><td>Exports - partners</td><td>UAE 12.7%, US 10.8%, China 6.2%, Singapore 5.3%, Hong Kong 4.1% (2011)</td><td>US 15%, UAE 9.7%, Afghanistan 9.5%, China 9.2%, UK 5%, Germany 4.5% (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Imports</td><td>$500.3 billion (2012 est.) <br /> $490 billion (2011 est.)</td><td>$40.82 billion (2012 est.) <br /> $38.93 billion (2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Imports - commodities</td><td>crude oil, precious stones, machinery, fertilizer, iron and steel, chemicals</td><td>petroleum,
petroleum products, machinery, plastics, transportation equipment,
edible oils, paper and paperboard, iron and steel, tea</td></tr>
<tr style="vertical-align: top;"><td>Imports - partners</td><td>China 11.9%, UAE 7.7%, Switzerland 6.8%, Saudi Arabia 6.1%, US 4.9% (2011)</td><td>UAE 17.2%, China 15%, Saudi Arabia 11.2%, Kuwait 8.9%, Malaysia 5.4%, Japan 4.3% (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Debt - external</td><td>$299.2 billion (31 December 2012 est.) <br /> $287.5 billion (31 December 2011 est.)</td><td>$55.98 billion (31 December 2012 est.) <br /> $58.27 billion (31 December 2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Exchange rates</td><td>Indian rupees (INR) per US dollar - <br /> 53.17 (2012 est.) <br /> 46.671 (2011 est.) <br /> 45.726 (2010 est.) <br /> 48.405 (2009) <br /> 43.319 (2008)</td><td>Pakistani rupees (PKR) per US dollar - <br /> 95.1 (2012 est.) <br /> 86.3434 (2011 est.) <br /> 85.194 (2010 est.) <br /> 81.71 (2009) <br /> 70.64 (2008)</td></tr>
<tr style="vertical-align: top;"><td>Fiscal year</td><td>1 April - 31 March</td><td>1 July - 30 June</td></tr>
<tr style="vertical-align: top;"><td>Investment (gross fixed)</td><td>30% of GDP (2012 est.)</td><td>10.9% of GDP (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Public debt</td><td>51.9% of GDP (2012 est.) <br /> 50.5% of GDP (2011 est.) <br /> <strong>note:</strong>
data cover central government debt, and exclude debt instruments issued
(or owned) by government entities other than the treasury; the data
include treasury debt held by foreign entities; the data exclude debt
issued by subnational entities, as well as intra-governmental debt;
intra-governmental debt consists of treasury borrowings from surpluses
in the social funds, such as for retirement, medical care, and
unemployment; debt instruments for the social funds are not sold at
public auctions</td><td>50.4% of GDP (2012 est.) <br /> 60.1% of GDP (2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Reserves of foreign exchange and gold</td><td>$287.2 billion (31 December 2012 est.) <br /> $297.9 billion (31 December 2011 est.)</td><td>$13.5 billion (30 November 2012 est.) <br /> $18.09 billion (31 December 2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Current Account Balance</td><td>-$80.15 billion (2012 est.) <br /> -$46.91 billion (2011 est.)</td><td>-$4.632 billion (2012 est.) <br /> $268 million (2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>GDP (official exchange rate)</td><td>$1.947 trillion (2012 est.)</td><td>$230.5 billion (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Stock of direct foreign investment - at home</td><td>$256.6 billion (31 December 2012 est.) <br /> $232.7 billion (31 December 2011 est.)</td><td>$22.38 billion (31 December 2012 est.) <br /> $21.88 billion (31 December 2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Stock of direct foreign investment - abroad</td><td>$121.3 billion (31 December 2012 est.) <br /> $106.3 billion (31 December 2011 est.)</td><td>$1.482 billion (31 December 2012 est.) <br /> $1.432 billion (31 December 2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Market value of publicly traded shares</td><td>$1.015 trillion (31 December 2011) <br /> $1.616 trillion (31 December 2010) <br /> $1.179 trillion (31 December 2009)</td><td>$32.76 billion (31 December 2011) <br /> $38.17 billion (31 December 2010) <br /> $33.24 billion (31 December 2009)</td></tr>
<tr style="vertical-align: top;"><td>Central bank discount rate</td><td>5.5% (31 December 2010 est.) <br /> 6% (31 December 2009 est.) <br /> <strong>note:</strong> the Indian central bank's policy rate - the repurchase rate - was 8% during December 2012</td><td>12% (31 January 2012 est.) <br /> 14% (31 December 2010 est.)</td></tr>
<tr style="vertical-align: top;"><td>Commercial bank prime lending rate</td><td>10.8% (31 December 2012 est.) <br /> 10.19% (31 December 2011 est.)</td><td>12.2% (31 December 2012 est.) <br /> 14.12% (31 December 2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Stock of money</td><td>$278.8 billion (31 December 2009) <br /> $239.8 billion (31 December 2008)</td><td>$NA (31 December 2008) <br /> $52.76 billion (31 December 2007)</td></tr>
<tr style="vertical-align: top;"><td>Stock of quasi money</td><td>$853.4 billion (31 December 2009) <br /> $687.7 billion (31 December 2008)</td><td>$NA (31 December 2008) <br /> $18.42 billion (31 December 2007)</td></tr>
<tr style="vertical-align: top;"><td>Stock of domestic credit</td><td>$1.402 trillion (31 December 2012 est.) <br /> $1.249 trillion (31 December 2011 est.)</td><td>$92.06 billion (31 December 2012 est.) <br /> $86.19 billion (31 December 2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Stock of narrow money</td><td>$342.3 billion (31 December 2012 est.) <br /> $305.7 billion (31 December 2011 est.)</td><td>$60.68 billion (31 December 2012 est.) <br /> $56.34 billion (31 December 2011 est.)</td></tr>
<tr style="vertical-align: top;"><td>Stock of broad money</td><td>$1.451 trillion (31 December 2012 est.) <br /> $1.293 trillion (31 December 2011 est.)</td><td>$76.16 billion (31 December 2011 est.) <br /> $71.36 billion (31 December 2010 est.)</td></tr>
<tr style="vertical-align: top;"><td>Taxes and other revenues</td><td>8.8% of GDP (2012 est.)</td><td>12.8% of GDP (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Budget surplus (+) or deficit (-)</td><td>-5.6% of GDP (2012 est.)</td><td>-6.4% of GDP (2012 est.)</td></tr>
<tr style="vertical-align: top;"><td>Unemployment, youth ages 15-24</td><td><strong>total: </strong>10.5% <br /> <strong>male:</strong> 10.4% <br /> <strong>female:</strong> 10.8% (2004)</td><td><strong>total: </strong>7.7% <br /> <strong>male:</strong> 7% <br /> <strong>female:</strong> 10.5% (2008)</td></tr>
</tbody></table>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-39822522215204867442013-07-10T12:32:00.001+05:302013-07-10T12:32:21.583+05:30China's weak exports surprise everyoneChina warned on Wednesday of a<br /><br />"grim" outlook for trade as the world's
second-largest economy surprised financial markets by reporting a fall in
exports and imports when both had been expected to rise.<br /><br />The figures,
which follow a government crackdown on the use of fake invoicing that had
exaggerated exports earlier this year, are likely to raise fresh concerns about
the extent of the slowdown in the economy and global demand.<br /><br />The June
data, showing that exports fell 3.1 percent from a year earlier and imports
dropped 0.7 percent, may now reflect the true trade picture, customs officials
said.<br /><br />"China faces relatively stern challenges in trade currently,"
customs spokesman Zheng Yuesheng told a news briefing on the June trade
figures.<br /><br />"Exports in the third quarter look grim," said Zheng.<br />
The Australian dollar briefly fell about a third of a cent after the China data,
reflecting worries about Chinese demand for Australia's commodities, such as
iron ore and coal. <br /><br />The
MSCI Asia-Pacific ex-Japan index <.MIAPJ0000PUS> was up 0.5 percent after
gaining as much as 1.2 percent to a one-week high before the trade figures came
out.<br /><br />The export fall was the first since January 2012. Economists had
expected exports to increase 4.0 percent and imports to rise 8.0 percent. <br /><br />China's
trade data is volatile and has been distorted by speculative capital flows
across the country's border. Doubts about the accuracy of the figures had abated
slightly since the customs office and top foreign exchange regulator launched a
campaign in May to crack down on fake export invoices.<br /><br />Fake invoicing
inflated China's official import and export totals by $75 billion in the first
four months of 2013, local media reported on June 14, citing an internal review
by China's commerce ministry.<br /><br />The customs data showed that exports to the
United States, China's biggest export market, fell 5.4 percent, while exports to
the European Union dropped 8.3 percent.<br /><br />"The surprisingly weak June
exports show China's economy is facing increasing downward pressure on
lacklustre external demand," said Li Huiyong, an economist at Shenyin &
Wanguo Securities in Shanghai.<br /><br />"Exports are facing challenges in the
second half of this year. The appreciation of the U.S. dollar and the Chinese
government's recent crackdown on speculative trade activities also put pressure
on exports."<br /><br />China had a trade surplus of $27.1 billion in June, the
customs administration said, largely in line with the $27.0 billion expected by
economists.<br /><br />China's reform-minded new leaders have shown a tolerance of
slower growth, although they still need to avoid widespread job losses that
could threaten social stability.<br /><br />Economists expect data next week to show
that annual growth in China for the April-June quarter slowed down to 7.5
percent.<br /><br />A continued slide in growth could test leaders' resolve to
tolerate a short-term slowdown in the economy while pressing ahead with efforts
to revamp the economy for the longer term. <br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-87077270777848668122013-07-10T12:30:00.004+05:302013-07-10T12:30:37.208+05:30BlackBerry CEO says outright sale of the company an option under consideration BlackBerry Ltd <bbry .o="">signaled on Tuesday that a licensing deal, or even an
outright sale of the company, was still a possibility, pleasing shareholders
still reeling from the disappointing debut for its new line of
smartphones.<br /><br />Chief Executive Thorsten Heins, responding to a question
about whether he was looking into strategic alternatives, said he is open to all
options that create value for shareholders. He emphasized that the company has
so far focused on creating value through the launch of its new devices powered
by an all-new BlackBerry 10 operating system.<br /><br />"This is a long-term
transition for the company, but I can assure you that we're pushing very hard,"
Heins said at the company's annual shareholder meeting. "BlackBerry will pursue
every opportunity to create value for shareholders."<br /><br />His remarks that
BlackBerry was also open to any and all licensing opportunities, sent shares
higher in morning trading.<br /><br />John Goldsmith, deputy head of equities at
Montrusco Bolton, which owns more than 1.5 million BlackBerry shares, believes
that BlackBerry may well be pressed into striking such a deal.<br /><br />"I think
they're on a very short leash," said Goldsmith, referring to BlackBerry's
management. "I wouldn't be surprised if within the next two quarters there is a
definitive announcement with regard to other options that this company could be
looking at whether that's putting itself for sale or some other
option."<br /><br />The company's stock had dropped more than 30 percent after it
posted disappointing second-quarter results in late June and forecast an
operating loss in the current quarter.<br /><br />A bigger concern for investors,
was the fact that it sold fewer-than-expected BlackBerry 10 devices in their
first full quarter on the market, offering little evidence that it could quickly
win back market share from Apple Inc's <aapl .o="">iPhone, Samsung's
<005930 .ks=""> Galaxy devices, and other phones powered by Google's
<goog .o="">Android operating system.<br /><br />Even so, some investors believe many
other companies would relish the prospect of getting their hands on the new
platform.<br /><br />"I can see why this guy is confident," said Ross Healy, a
portfolio manager with MacNicol & Associates, whose clients own BlackBerry
shares. "He is talking about partnerships and being open to talks and I don't
think you say that unless you've really had a talk or two with interested
parties - and that gives you some confidence."<br /><br />At the meeting, held at
BlackBerry's home base in Waterloo, Ontario, Heins conceded that BlackBerry has
a tough road ahead as it attempts to turn around its fortunes, but he insisted
it was on the right track.<br /><br />Heins said BlackBerry was already seeing small
signs of market-share gains in the top-end of the ultra-competitive smartphone
market.<br /><br />"Before you go into any strategic option, I think you have to
create value. And the value of the company 15 months ago was way less than what
it is today," he said.<br /><br /><br />CLOCK TICKING<br /><br />Despite the company's
confident tone, many investors agree that the clock is ticking for BlackBerry,
which is caught in a squeeze on both the high- and low-ends of the smartphone
market.<br /><br />BlackBerry 10 devices hit store shelves this year just as the
high-end smartphone segment had begun to show some signs of saturation. Last
week, Samsung reported results that fell shy of expectations, while Apple
earlier this year reported its first quarterly profit decline in more than a
decade.<br /><br />On the mid- to low end, competition is growing intense, with
Chinese manufacturers such as Huawei Technologies [<a class="cRel" href="javascript:ShowStoryDetailsDialog('HWT.UL');">HWT.UL</a>] and ZTE
<000063 .sz=""> gaining ground.[<a class="cRel" href="javascript:ShowStoryDetailsDialog('n3N0FA0WP');">ID:n3N0FA0WP</a>][<a class="cRel" href="javascript:ShowStoryDetailsDialog('nL2N0DA2DR');">ID:nL2N0DA2DR</a>]<br /><br />Even
so, BlackBerry said it remains determined to stick to its plan and is not
re-thinking its strategy in any manner.<br /><br />"We as a board remain completely
supportive of management," said the company's chair, Barbara Stymiest, adding
that she was confident the turnaround plan would succeed.<br /><br />Shareholders
voted on Tuesday to elect all the company's director nominees to its board. They
also approved the plan to change the company's name to BlackBerry Ltd from
Research In Motion Ltd, a move that had been announced in
January.<br /><br />BlackBerry shares closed almost 1 percent higher at $9.64 on the
Nasdaq on Tuesday.<br /></000063></goog></005930></aapl></bbry>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-56560131941108035462012-12-04T10:37:00.000+05:302012-12-04T10:37:02.972+05:30US debt expected to cross $17 trillion by AprilThe rate of increase in US external debt holidngs seems to be acceleration. <br />
<br />
US total external debt has crossed its GDP figures in November 2011. It took hardly another year for it to add another trillion to cross $16 trillion in September 2012. Now in just 2 months, debt seems to have galloped by another 340 million.<br />
<br />
At this rate by the end March or early April, it will cross the 17 trillion mark, making it 110 % of US GDP.<br />
<br />
What is to be noted is that at teh current bond yields, it will easily consume almost 2 % of US GDP growth to pay off the interest of US's external borrowings.<br />
<br />
Hence for US economy to growth by 1 % , it in fact has to effectively grow by 3 %.<br />
<br />
<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-67835695205918333532012-12-04T10:30:00.002+05:302012-12-04T10:30:35.672+05:30OMCs Incurring Daily Under-Recoveries of Rs 420 Crore <table border="0" style="width: 100%px;"><tbody>
<tr><td style="height: 600px; text-align: justify; vertical-align: top;"><span id="content">
<div class="Section1">
<div align="right" class="MsoNormal" style="margin-right: 20.25pt; text-align: right;">
<br /></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify; text-indent: .5in;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">The
Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and
Natural Gas <span class="GramE">has</span> reviewed international prices of crude
oil and petroleum products during the 2nd Fortnight of<b> </b>November 2012. Accordingly,
the under-recovery on High Speed Diesel (HSD) applicable for <span class="SpellE"><span class="GramE">Ist</span></span> fortnight of December
effective 01.12.2012 has increased to <a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></a><span style="color: black;"> 10.03/<span class="SpellE">Litre</span>. This was Rs 9.06
per <span class="SpellE">litre</span> effective 16.11.2012 for 2<sup>nd</sup> fortnight
of November 2012</span>.<span style="color: black;"> </span>In case of Domestic
LPG the under-recovery for December 2012 has risen sharply to Rs 520.50/cylinder
against Rs 478.50/ Cylinder for November 2012. The Under-recovery on PDS
Kerosene too has remained at high level of Rs 30.93 per <span class="SpellE">litre</span>
for December 2012, though slightly lower than Rs 31.30 per <span class="SpellE">litre</span>
for November 2012<span style="color: black;"></span></span></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify; text-indent: .5in;">
<br /></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-tab-count: 1;"> </span>Product-wise Under-recoveries of
Public Sector Oil Marketing Companies (OMCs);</span></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<br /></div>
<div align="center">
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 191;">
<tbody>
<tr style="height: 25.6pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; height: 25.6pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.4pt;" valign="top" width="151">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Product</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 25.6pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 99.0pt;" valign="top" width="132">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Unit</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 25.6pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 3.25in;" valign="top" width="312">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Under-recoveries
effective December 01,<span style="mso-spacerun: yes;"> </span>2012</span></b></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">(Effective 16.11.2012
to 30.11.2012)</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.4pt;" valign="top" width="151">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Diesel</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 99.0pt;" valign="top" width="132">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></a>/<span class="SpellE">Litre</span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 3.25in;" valign="top" width="312">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;">
</span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><b>10.03</b> <span style="mso-spacerun: yes;"> </span>(9.06)<span style="mso-spacerun: yes;">
</span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.4pt;" valign="top" width="151">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">PDS Kerosene*</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 99.0pt;" valign="top" width="132">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></a>/<span class="SpellE">Litre</span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 3.25in;" valign="top" width="312">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;">
</span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><b>30.93</b><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span>(31.30)
<span style="mso-spacerun: yes;"> </span></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.4pt;" valign="top" width="151">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Domestic LPG*</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 99.0pt;" valign="top" width="132">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></a>/Cylinder</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 3.25in;" valign="top" width="312">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><b>520.50</b><span style="mso-spacerun: yes;"> </span>(478.50) </span></div>
</td>
</tr>
</tbody></table>
</div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<i><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">*Additionally, a
subsidy of </span></i><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><i><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></i></a><i>
0.82/<span class="SpellE">Litre</span> on PDS Kerosene and </i><a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><i><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></i></a><i><span style="color: black;"> </span>22.58/Cylinder on Domestic LPG is provided by the
Government. The under-recoveries on these products are computed on monthly
basis. </i></span></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify; text-indent: .5in;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span>OMCs are currently (effective 01 December
2012) incurring daily under-recovery of about <a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></a><span style="color: black;"> </span>420 <span class="SpellE">crore</span> on the sale of
Diesel, PDS Kerosene and Domestic LPG. This was Rs 412 <span class="SpellE">crore</span>
per day for the previous fortnight effective 16.11.2012. </span></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Further, the OMC’s have reported the
following under-recoveries during April-September 2012:<span style="mso-spacerun: yes;"> </span></span></div>
<div class="MsoNormal" style="margin-right: 20.25pt;">
<br /></div>
<div align="center">
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 447; width: 595px;">
<tbody>
<tr style="height: 14.35pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; height: 14.35pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 90.9pt;" valign="top" width="121">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Product</span></b></div>
</td>
<td colspan="3" style="border-left: none; border: solid windowtext 1.0pt; height: 14.35pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 355.5pt;" valign="top" width="474">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Under Recovery (</span></b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><b><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></b></a><b><span style="color: black;">/</span><span class="SpellE">Crore</span>)</b></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 90.9pt;" valign="top" width="121">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 135.0pt;" valign="top" width="180">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">2012-13</span></b></div>
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">(April-September<span style="mso-spacerun: yes;"> </span>2012)</span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.0pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">2011-12</span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.5pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">2010-11</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 90.9pt;" valign="top" width="121">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Diesel</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 135.0pt;" valign="top" width="180">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">52,711</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.0pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">81,192</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.5pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">34,706</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 90.9pt;" valign="top" width="121">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">PDS Kerosene </span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 135.0pt;" valign="top" width="180">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">14,331</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.0pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">27,352</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.5pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">19,484</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 90.9pt;" valign="top" width="121">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Domestic LPG</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 135.0pt;" valign="top" width="180">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">18,544</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.0pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">29,997</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.5pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">21,772</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 90.9pt;" valign="top" width="121">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Petrol</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 135.0pt;" valign="top" width="180">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">--</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.0pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">--</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.5pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">2,227</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 6; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 90.9pt;" valign="top" width="121">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Total</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 135.0pt;" valign="top" width="180">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">85,586</span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.0pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">138,541</span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 110.5pt;" valign="top" width="147">
<div align="center" class="MsoNormal" style="margin-right: 20.25pt; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">78,190</span></b></div>
</td>
</tr>
</tbody></table>
</div>
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span>3.
Details of average International FOB price and Exchange rates are: </span></div>
<div class="MsoNormal" style="margin-right: 20.25pt;">
<br /></div>
<div align="center">
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 191; width: 595px;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 89.2pt;" valign="top" width="119">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Particulars </span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 51.2pt;" valign="top" width="68">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Unit</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 155.7pt;" valign="top" width="208">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Price on last
trading day i.e., 30 November, 2012 </span></b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">(Previous trading day of 29.11.2012)</span></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 150.3pt;" valign="top" width="200">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Fortnight</span></b></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">November)16-30, 2012
</span></b></div>
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">(</span></b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">previous fortnight
1 - 15/11/ 2012<b>)</b></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td rowspan="2" style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 89.2pt;" valign="top" width="119">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Crude Oil (Indian
Basket)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 51.2pt;" valign="top" width="68">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">($/bbl)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 155.7pt;" valign="top" width="208">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span><b>109.51</b><span style="mso-spacerun: yes;"> </span>( 108.24)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 150.3pt;" valign="top" width="200">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt; mso-bidi-font-weight: bold;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span><b style="mso-bidi-font-weight: normal;"><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">108.94</span></b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt; mso-bidi-font-weight: bold;"><span style="mso-spacerun: yes;"> </span>(106.69)<span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 51.2pt;" valign="top" width="68">
<div class="MsoNormal" style="margin-right: 20.25pt;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">(<a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></a>
/bbl)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 155.7pt;" valign="top" width="208">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span><b>5971.58</b><span style="mso-spacerun: yes;"> </span>( 5974.85)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 150.3pt;" valign="top" width="200">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt; mso-bidi-font-weight: bold;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span><b style="mso-bidi-font-weight: normal;"><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">6010.22</span></b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt; mso-bidi-font-weight: bold;">(5797.53)<span style="mso-spacerun: yes;"> </span></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 89.2pt;" valign="top" width="119">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">Exchange Rate</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 51.2pt;" valign="top" width="68">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">(<a href="http://www.design-flute.com/wp-content/uploads/2010/07/rupee-symbol.jpg"><span style="color: black; text-decoration: none; text-underline: none;">Rs</span></a>/$)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 155.7pt;" valign="top" width="208">
<div class="MsoNormal" style="margin-right: 20.25pt; tab-stops: center 67.95pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><b>54.53</b><span style="mso-spacerun: yes;"> </span>( 55.20)<span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><b><span style="mso-spacerun: yes;"> </span></b><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 150.3pt;" valign="top" width="200">
<div class="MsoNormal" style="margin-right: 20.25pt; text-align: justify;">
<span style="font-family: "Arial","sans-serif"; font-size: 11.0pt; mso-bidi-font-weight: bold;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span><b style="mso-bidi-font-weight: normal;"><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt;">55.17</span></b><span style="font-family: "Arial","sans-serif"; font-size: 11.0pt; mso-bidi-font-weight: bold;"> <span style="mso-spacerun: yes;"> </span>(54.34) <span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span></div>
</td>
</tr>
</tbody></table>
</div>
</div>
<span style="color: ThreeDDarkShadow;"></span></span></td></tr>
</tbody></table>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-34971789586978080382012-11-25T10:01:00.001+05:302012-11-25T10:01:19.972+05:30Top Infrastructure Bonds<span style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">Following are the best infra bonds in India:</span><br />
<ul style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; margin: 0px 20px 10px; padding: 0px; text-align: justify;">
<li>IDFC Infrastructure Bonds</li>
<li>L&T Infrastructure Bonds</li>
<li>IDBI Flexibonds</li>
<li>IIFCL Long Term Infrastructure Bonds</li>
<li>IFCI Infrastructure Bonds</li>
<li>ICICI Safety Bonds</li>
<li>REC Tax Saving Infrastructure Bonds</li>
</ul>
<span style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">Right now, IFCI is providing the best in terms of interest rates with 9.09% for its 10 years bonds and 9.16% for the 15 year infra bonds. REC investors can expect a rate of 8.95% for the 10 year bonds, PTC India Financial investors will receive 8.93% for the same bonds, and for the SREI Infra Finance investors the rate is 8.90%. The rate for 15 year bonds for the three companies is 9.15%. </span><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><span style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">REC enjoys a credit rating of AAA, which implies that it offers the most security for its investors especially in factors such as timely repayment of principal and interest. Following are the ratings details of some other infra bond issuing organizations: </span><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><ul style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; margin: 0px 20px 10px; padding: 0px; text-align: justify;">
<li>IFCI - AA- (from Brickwork Ratings), CARE A+ (from CARE), LA (from ICRA)</li>
<li>PTC India Financial Services - A+ (from both CARE and ICRA)</li>
<li>SREI - AA (from CARE)</li>
</ul>
<span style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">Experts think that investors get the maximum security from REC and IFCI as they are government owned. </span><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><b style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">IDFC Infra Bonds </b><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><ul style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; margin: 0px 20px 10px; padding: 0px; text-align: justify;">
<li>Interest rate - 8.70%</li>
<li>Eligible for maximum tax benefit of INR 20,000</li>
<li>AAA rating by ICRA and Fitch</li>
<li>Lock in period - 5 years</li>
<li>Can be sold at both NSE and BSE after lock in period</li>
</ul>
<div style="background-color: white; color: #373737; float: left; font-family: arial; font-size: 14px; line-height: 18px; padding-right: 5px; text-align: justify;">
</div>
<b style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">How to choose infra bonds </b><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><span style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">At the least, an investor needs to compare the returns being provided by various companies issuing the infrastructure bonds and check out their credit rating. Experts opine that an investor should also keep in mind the latest financial performance of a company before buying its investment instruments. </span><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><b style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">How to invest in infra bonds</b><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><span style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;">Investors looking to make the most of their money in infra bonds are often asked to put 50% of the deductible money in the 10 year bonds and the rest in the 15 year bonds. But experts opine that since 20,000 is a small amount it is better to not split it as it may not be tracked properly. </span><br style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;" /><br />
<span style="background-color: white; color: #373737; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;"><br /></span>
<span style="background-color: white; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;"><span style="color: red;">From the 2012-13 fiscal onwards the infrastructure bonds will not provide tax benefits. The tax benefit had been extended till 2011-12 and experts had asked that the tax exemption limit be increased. </span></span><br />
<div style="background-color: white; float: left; font-family: arial; font-size: 14px; line-height: 18px; padding-right: 5px; padding-top: 5px; text-align: justify;">
</div>
<span style="background-color: white; font-family: arial; font-size: 14px; line-height: 18px; text-align: justify;"><span style="color: red;">However, the Union Finance Ministry did not touch upon the infra bonds in the latest bonds and opted to completely do away with the tax benefits being granted previously. </span></span>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-79924268447796848732012-11-21T15:25:00.005+05:302012-11-21T15:25:56.841+05:30Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy? by Ajay Shah
<i>Did the Indian capital controls work as a tool for macroeconomic policy</i>,
Ila Patnaik and Ajay Shah.
<i>IMF Economic Review</i>, page 439--464, volume 60, 2012.
<br />
<br />
In 2010 and 2011, there has been a fresh wave of interest in
capital controls. India is one of the few large countries with
a complex system of capital controls, and hence offers an
opportunity to assess the extent to which these help achieve
goals of macroeconomic and financial policy. We find that the
capital controls were associated with poor governance, were
unable to sustain the erstwhile exchange rate regime, and did
not support financial stability. India's experience is thus
inconsistent with the revisionist view of capital controls.
Macroeconomic policy in India has moved away from the erstwhile
strategies, towards greater exchange rate flexibility combined
with capital account liberalisation.<br />
<br />
<iframe width="560" height="315" src="http://www.youtube.com/embed/1nm4mYZMnuQ" frameborder="0" allowfullscreen></iframe>
<h3>
Links </h3>
<ul>
<li> <a href="http://www.palgrave-journals.com/imfer/journal/v60/n3/abs/imfer201216a.html" target="_blank">Journal</a> </li>
<li> <a href="http://www.nipfp.org.in/newweb/sites/default/files/wp_2011_87.pdf" target="_blank">Paper</a></li>
<a href="http://www.nipfp.org.in/newweb/sites/default/files/wp_2011_87.pdf" target="_blank"> </a>
<li> <a href="https://www.youtube.com/watch?v=1nm4mYZMnuQ" target="_blank">Presentation video</a> </li>
</ul>
<h3>
Press </h3>
<ul>
<li> <a href="http://www.voxeu.org/article/did-indian-capital-controls-work-tool-macroeconomic-policy" target="_blank">VoxEU</a> </li>
</ul>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-89431017327884725872012-11-20T10:56:00.003+05:302012-11-20T10:56:44.353+05:30India 4th largest economy but has low per capita income: Survey<div class="body">
India has become the fourth largest economy in the world due to a strong
economic growth but still has a low per capita income, the Economic
Survey revealed today.
</div>
<div class="body">
“India has emerged as the fourth largest economy globally with a high
growth rate and has improved its global ranking in terms of per capita
income. Yet, the fact remains that its per capita income continues to be
quite low,” it said.
</div>
<div class="body">
“India has moved up the ranks, but is still the poorest among the G-20,” the survey added.
</div>
<div class="body">
The per capita income of India stood at $ 1,527 in 2011, it said.
“...this is perhaps the most visible challenge. Nevertheless, India has a
diverse set of factors, domestic as well as external, that could drive
growth well into the future,” the survey said.
</div>
<div class="body">
Between 1980 and 2010, India achieved a growth of 6.2 per cent, while
the world as a whole registered a growth rate of 3.3 per cent. As a
result, India’s share in global GDP more than doubled from 2.5 per cent
in 1980 to 5.5 per cent in 2010, it said.
</div>
<div class="body">
Consequently, India’s rank in per capita GDP showed an improvement from
117 in 1990 to 101 in 2000 and further to 94 in 2009. China, however,
improved its rank from 127 to 74 during the same period.
</div>
<div class="body">
G-20 or the Group of 20 nations was formed in 1999 after the East Asian
crisis as a forum of finance ministers and central bank governors.
</div>
<div class="body">
Meanwhile, the survey said any slowdown in eurozone, which accounts for
19 per cent of the global GDP, could impact the Indian economy. The
International Monetary Fund (IMF) has forecast that the eurozone is
likely to go through a mild recession in 2012.
</div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-861044206721101302012-11-15T17:51:00.001+05:302012-11-15T17:51:51.292+05:30India’s macroeconomic performance<div class="separator" style="clear: both; text-align: center;">
<a href="http://2.bp.blogspot.com/-EwkcWeww5zQ/UKTceKN2weI/AAAAAAAAI-k/eMh3xmIod5s/s1600/India+Economy.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="465" src="http://2.bp.blogspot.com/-EwkcWeww5zQ/UKTceKN2weI/AAAAAAAAI-k/eMh3xmIod5s/s640/India+Economy.JPG" width="640" /></a></div>
<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-1414305316236930032012-11-15T17:35:00.000+05:302012-11-15T17:35:26.016+05:30Per Capita Income of Indian states<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 428px;"><tbody>
<tr height="41" style="height: 30.75pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td class="xl75" height="41" style="background-color: #d9d9d9; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;"><strong>Sl. No</strong></span></td>
<td class="xl76" style="background-color: #d9d9d9; border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; padding-left: 72px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;"><strong>State/UT</strong></span></td>
<td align="center" class="xl82" style="background-color: #d9d9d9; border-bottom: windowtext 1pt solid; border-top: windowtext 1pt solid; padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;"><strong>2010-11 (Rupees)</strong></span></td>
<td align="center" class="xl77" style="background-color: #d9d9d9; border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;"><strong>2011-12 (Rupees)</strong></span></td>
<td align="center" class="xl77" style="background-color: #d9d9d9; border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;"><strong>2011-12 % Growth</strong></span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 3;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">1</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Andhra Pradesh</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">62912</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">71540</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">13.7</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 4;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">2</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Arunachal Pradesh</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">55789</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">62213</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">11.5</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 5;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">3</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Assam</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">30569</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">33633</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">10</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 6;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">4</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Bihar</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">20708</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">24681</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">19.2</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 7;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">5</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Jharkhand</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">29786</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">31982</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">7.4</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 8;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">6</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Goa</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">168572</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">192652</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">14.3</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 9;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">7</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Gujarat</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">75115</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">N.A</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">N.A</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 10;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">8</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Haryana</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">94680</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">109227</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">15.4</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 11;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">9</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Himachal Pradesh</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">65535</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">73608</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">12.3</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 12;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">10</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Jammu & Kashmir</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">37496</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">41833</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">11.6</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 13;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">11</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Karnataka</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">60946</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">69493</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">14</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 14;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">12</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Kerala</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">71434</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">83725</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">17.2</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 15;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">13</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Madhya Pradesh</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">32222</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">N.A</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">N.A</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 16;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">14</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Chhattisgarh</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">41167</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">46573</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">13.1</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 17;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">15</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Maharashtra</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">83471</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">N.A</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">N.A</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 18;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">16</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Manipur</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">29684</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">32284</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">8.8</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 19;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">17</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Meghalaya</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">50427</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">56643</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">12.3</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 20;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">18</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Mizoram</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">48591</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">N.A</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">N.A</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 21;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">19</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Nagaland</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">52643</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">56116</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">6.6</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 22;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">20</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Odisha</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">40412</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">46150</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">14.2</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 23;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">21</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Punjab</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">69737</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">78171</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">12.1</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 24;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">22</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Rajasthan</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">42434</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">N.A</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">N.A</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 25;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">23</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Sikkim</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">81159</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">N.A</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">N.A</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 26;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">24</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Tamil Nadu</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">72993</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">84058</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">15.2</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 27;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">25</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Tripura</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">44965</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">50750</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">12.9</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 28;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">26</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Uttar Pradesh</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">26355</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">29417</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">11.6</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 29;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">27</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Uttarakhand</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">66368</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">75604</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">13.9</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 30;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">28</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">West Bengal</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">48536</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">55864</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">15.1</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 31;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">29</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">A & N Islands</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">76883</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">82272</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">7</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 32;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">30</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Chandigarh</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">128634</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">N.A</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">N.A</span></td>
</tr>
<tr height="19" style="height: 14.25pt; mso-yfti-irow: 33;">
<td align="center" class="xl68" height="19" style="border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="64"><span style="font-family: Arial;">31</span></td>
<td class="xl69" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Delhi</span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><span style="font-family: Arial;">150653</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">175812</span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">16.7</span></td>
</tr>
<tr height="20" style="height: 15pt; mso-yfti-irow: 34;">
<td align="center" class="xl70" height="20" style="border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="64"><span style="font-family: Arial;">32</span></td>
<td class="xl66" style="border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="142"><span style="font-family: Arial;">Puducherry</span></td>
<td align="center" class="xl83" style="border-bottom: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">98719</span></td>
<td align="center" class="xl67" style="border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;">95759</span></td>
<td align="center" class="xl67" style="border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;">-3</span></td>
</tr>
<tr height="20" style="height: 15pt; mso-height-source: userset; mso-yfti-irow: 35;">
<td class="xl71" colspan="2" height="20" style="border-left: windowtext 1pt solid; border-top: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="206"><span style="font-family: Arial;"><strong>All-India Per Capita Net National</strong></span></td>
<td align="center" class="xl81" style="padding-bottom: 0in; padding-left: 1px; padding-right: 1px; padding-top: 0in; vertical-align: middle;" width="72"><br /></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;"> </span></td>
<td align="center" class="xl79" style="border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;"> </span></td>
</tr>
<tr height="21" style="height: 15.75pt; mso-height-source: userset; mso-yfti-irow: 36;">
<td class="xl73" colspan="2" height="21" style="border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="206"><span style="font-family: Arial;"><strong>Income(2004-05 base)</strong></span></td>
<td align="center" class="xl84" style="border-bottom: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;"><strong>53331</strong></span></td>
<td align="center" class="xl80" style="border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="72"><span style="font-family: Arial;"><strong>60972</strong></span></td>
<td align="center" class="xl80" style="border-bottom: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: middle;" width="77"><span style="font-family: Arial;"><strong>14.3</strong></span></td>
</tr>
</tbody>
</table>
India’s average Per Capita Income is Rs. 60,972/-. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-90475306038624280672012-11-14T15:52:00.000+05:302012-11-14T15:52:49.097+05:30China's 2012 October PPI drops 2.8% This marks the eighth straight month of year-on-year decline, as China's PPI dropped for the first time in March this year since December 2009. <br />
But the PPI inched up 0.2 percent in October on a month-on-month basis, according to the NBS.<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="http://4.bp.blogspot.com/-wnD0Iz0NlqY/UKNw1o-_KzI/AAAAAAAAI-U/01oKse5phT4/s1600/China+PPI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="329" src="http://4.bp.blogspot.com/-wnD0Iz0NlqY/UKNw1o-_KzI/AAAAAAAAI-U/01oKse5phT4/s640/China+PPI.jpg" width="640" /></a></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-62154855558049624672012-11-09T16:51:00.000+05:302012-11-09T16:51:17.704+05:30Diageo buys 53.4% stake in United Spirits for Rs 11,166 croreDiageo Plc has agreed to buy a 53.4 per cent stake in liquor baron Vijay
Mallya's United Spirits Ltd for more than $2 billion, according to an
internal memo related to the deal obtained by Reuters.<br />
The purchase marks the biggest inbound Indian M&A deal since British
oil firm Cairn Energy Plc's agreed to sell a majority stake in its
Indian business to Vedanta Resources Plc last year. The Diageo deal
concludes an on-again, off-again courtship that began in 2008.<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br /><br />The
purchase would ramp up Diageo's presence in the world's largest whisky
market, while Mallya will gain much-needed cash to reduce United
Spirit's debt although it may not be enough to revive his grounded
Kingfisher Airlines Ltd.<br /><br />The two companies said in September that they were in talks about a possible deal.<br /><br />"United
Spirits and Diageo Plc confirm that the UK-based company is in
discussion with it and United Breweries Holdings in respect of possible
transactions to acquire an interest in the liquor firm," United Spirits
had said in a filing to BSE.<br />
<br />The purchase marks the biggest inbound Indian M&A deal since British
oil firm Cairn Energy Plc's agreed to sell a majority stake in its
Indian business to Vedanta Resources Plc last year. The Diageo deal
concludes an on-again, off-again courtship that began in 2008.<br /><br />The
purchase would ramp up Diageo's presence in the world's largest whisky
market, while Mallya will gain much-needed cash to reduce United
Spirit's debt although it may not be enough to revive his grounded
Kingfisher Airlines Ltd.<br /><br />The two companies said in September that they were in talks about a possible deal.<br /><br />"United
Spirits and Diageo Plc confirm that the UK-based company is in
discussion with it and United Breweries Holdings in respect of possible
transactions to acquire an interest in the liquor firm," United Spirits
had said in a filing to BSE.<br />
<br />
Meanwhile, shares of United Spirits surged 6 per cent to a 52-week high
on 9 November following reports that Vijay-Mallya led UB Group has
reached a deal with the world's largest spirit maker Diageo for stake
sale in the company.<br /><br />After opening strong, shares of USL further jumped 6 per cent to Rs Rs 1,425 -- its highest level in a year on the BSE.<br /><br />At NSE too, the scrip gained 6 per cent to touch a 52-week high of Rs 1,425.<br /><br />In September, United Spirits had confirmed that it was in talks with UK-based Diageo Plc for a stake sale.<br /><br />USL
is the world's second largest spirits maker after Diageo and markets
various liquor brands including Signature, Bagpiper, Antiquity, Royal
Challenge, Signature in the country.<br /><br />Mallya-led United Breweries Holdings Ltd (UBHL), the promoter of USL, holds 18.03 per cent stake as on September 30.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-65129635076116413432012-11-09T15:33:00.000+05:302012-11-09T15:33:42.116+05:30GDP comparison of BRCS countries<div class="separator" style="clear: both; text-align: center;">
<a href="http://2.bp.blogspot.com/-rRFR6-WjpVU/UJzU5XEsfVI/AAAAAAAAI-E/tgF3rqtVars/s1600/BRICS+GDP+comparison.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="288" rea="true" src="http://2.bp.blogspot.com/-rRFR6-WjpVU/UJzU5XEsfVI/AAAAAAAAI-E/tgF3rqtVars/s640/BRICS+GDP+comparison.JPG" width="640" /></a></div>
<span id="goog_1451600784"></span><span id="goog_1451600785"></span>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-19015513613076794132012-11-09T14:51:00.001+05:302012-11-09T14:51:59.132+05:30China Vs. India GDP comparison<div class="separator" style="clear: both; text-align: center;">
<a href="http://3.bp.blogspot.com/-we4N3qB5ngU/UJzKws7iyCI/AAAAAAAAI90/Z8AI7c43fAQ/s1600/China+vs+India+GDP.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="283" rea="true" src="http://3.bp.blogspot.com/-we4N3qB5ngU/UJzKws7iyCI/AAAAAAAAI90/Z8AI7c43fAQ/s640/China+vs+India+GDP.JPG" width="640" /></a></div>
<span id="goog_1937108847"></span><span id="goog_1937108848"></span><br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-71027611948702452902012-11-09T14:28:00.003+05:302012-11-09T14:30:41.718+05:30Indian GDP set to hit $ 2 Trillion mark<h2 style="font-weight: normal;">
<span style="font-size: small;"><span id="ctl00_ContentPlaceHolder1_IndicatorUC1_LabelShortDescription">The
Gross Domestic Product (GDP) in India was worth 1847.98 billion US
dollars in 2011. The
GDP value of India is roughly equivalent to 2.98 percent of the world
economy. </span></span></h2>
<h2 style="font-weight: normal;">
<span style="font-size: small;"><span id="ctl00_ContentPlaceHolder1_IndicatorUC1_LabelShortDescription">At the current rate of growth provided the exchange rates remain relatively stable we will see the GDP cross 2 trillion mark towards the end of 2013. (assuming a growth rate of 5.5 %. in constant currnecy terms. The estimated GDP stands today at USD 1.93 Billion.</span></span></h2>
<h2 style="font-weight: normal;">
<span style="font-size: small;">The country's GDP crossed the trillion-dollar mark for the first time in
history when rupee appreciated to below 41-level against the US
greenback</span><span style="font-size: small;"><span id="ctl00_ContentPlaceHolder1_IndicatorUC1_LabelShortDescription"> on 25th April 2011, </span>joining the elite club of 12 countries with a trillion dollar economy.</span></h2>
<h2 style="font-weight: normal;">
<span style="font-size: small;">India was initially supposed to half crossed 2 trillion mark this fiscal year (at an exchange rate of 45 Rs per USD) but a sharp decline in exchange rates means that we will have to wait for another year. India's Gross Domestic Product (GDP) is expected to cross the US$ 5 trillion mark by 2020</span></h2>
<h2 style="font-weight: normal;">
<span style="font-size: small;"><span id="ctl00_ContentPlaceHolder1_IndicatorUC1_LabelShortDescription"> </span></span>
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Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-52633123262321447752012-11-07T13:10:00.001+05:302012-11-07T13:10:34.398+05:30United States Government Bond 10Year yieldUnited States's Government Bond Yield for 10 Year Notes declined 6 basis points during the last 30 days which means it became less expensive for United States to borrow money from investors. During the last 12 months, United States government bond yield declining 0.31 percent. Historically, from 1912 until 2012, the United States Government Bond 10Y averaged 6.5 Percent reaching an all time high of 15.8 Percent in September of 1981 and a record low of 1.4 Percent in July of 2012. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid. This page includes a chart with historical data for the United States Government Bond 10Y. <iframe frameborder="0" height="350" scrolling="no" src="http://www.tradingeconomics.com/iframe/chart.aspx?url=/united-states/government-bond-yield" style="height: 389px; width: 730px;" width="700"></iframe>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-14484456967593671492012-11-07T13:05:00.005+05:302012-11-07T13:05:43.939+05:30India Government Bond Yield<br />
India's Government Bond Yield for 10 Year Notes rallied 4 basis points during the last 30 days which means it became more expensive for India to borrow money from investors. During the last 12 months, India government bond yield declining 0.66 percent. Historically, from 1998 until 2012, India Government Bond 10Y averaged 8.0 Percent reaching an all time high of 12.3 Percent in February of 1999 and a record low of 5.0 Percent in October of 2003. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid. This page includes a chart with historical data for India Government Bond 10Y. <br />
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<iframe frameborder="0" height="350" scrolling="no" src="http://www.tradingeconomics.com/iframe/chart.aspx?url=/india/government-bond-yield" style="height: 397px; width: 806px;" width="700"></iframe>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9144139976480301799.post-82198328483909096492012-11-07T13:01:00.003+05:302012-11-07T13:01:30.520+05:30Corporate Events filed by the Companies to the BSE Stock Exchange Nov 6 2012AMAR RAJA BA
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Amara Raja Batteries to set up plant for manufacturing two wheeler batteries The board of Amara Raja Batteries in its meeting on 05 November 2012 has approved the expansion/ setting up of a plant for manufacture of two wheeler batteries at total capital outlay of Rs 99.80 crore.<br />
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KOTAK MAH.BK <br />
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Kotak Mahindra Bank allots equity shares Under ESOP The committee of Kotak Mahindra Bank in its meeting on 05 November 2012 has allotted 2,35,367 equity shares of Rs 5 each, pursuant to exercise of employee stock options under ESOP.<br />
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MAFATLAL IND <br />
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Mafatlal Industries approves share exchange ratio of amalgamation On 05 November 2012 The board of Mafatlal Industries in its meeting on 10 October 2012 had approved in-principle, the proposal of amalgamation of Mafatlal Denim (an unlisted group company) and Mishapar Investments (an unlisted wholly owned subsidiary) with the company with effect from 15 April 2012. The board of the company in its meeting held today i.e., 5th November, 2012 has approved the joint valuation report of Ernst & Young India and SSPA & Co., recommending the share exchange ratio of one fully paid up equity share of Mafatlal Industries to be issued and allotted for every ten equity shares of Rs 10 each held in Mafatlal Denim. Mishapar Investments being a wholly owned subsidiary of Mafatlal Industries, the shares held by Mafatlal Industries in the share capital of Mishapar Investments shall stand cancelled and no shares shall be required to be allotted in lieu thereof. Based on the joint valuation report, the share exchange ratio is as under: 1 fully paid up equity share of Rs 10 each of Mafatlal Industries shall be issued and allotted for every 10 equity shares of Rs 10 each held in Mafatlal Denim. [which will lead to enhancement of equity capital of Mafatlal Industries by 40,99,415 fully paid up equity shares of Rs 10 each.] Since Mishapar Investments is a wholly owned subsidiary of Mafatlal Industries, the shares held by Mafatlal Industries in the share capital of Mishapar Investments shall stand cancelled and no shares shall be required to be allotted in lieu thereof. The amalgamation would result in various synergies in operations, administration, marketing and distribution, branding and retailing etc. Based on the exchange ratio approved by the board, the shareholding of the promoters in Mafatlal Industries post amalgamation would be 75.83% and therefore the promoters have agreed to dilute their shareholding so as to ensure that post amalgamation Mafatlal Industries continues to maintain public shareholding of at least 25% as required by the listing agreement. The board of the company has authorised managing director of the company to do all such acts/deeds as he may deem fit to give effect to the proposed scheme and implement the same.<br />
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PEL <br />
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Piramal Enterprises' board approves scheme of amalgamation On 05 November 2012 The board of Piramal Enterprises in its meeting on 05 November 2012 has approved the scheme of amalgamation and arrangement between PHL Holdings (PHPL) and Piramal Enterprises (the company) and their respective shareholders (the scheme) under Sections 391 to 394 read with Sections 100 to 103 and other applicable provisions of the Companies Act, 1956. PHPL is a company forming part of the promoter group and currently holds 8,40,92,879 equity shares of the company which constitutes 48.73% of the equity shareholding of the company. The main purpose of the scheme is to facilitate a more efficient holding structure by the promoter group. Pursuant to the merger, the equity shares held by PHPL in the company shall stand cancelled, and equivalent number of equity shares of the company will be issued to the equity shareholders of PHPL. There would be no impact on the financials and the shareholding pattern of the company as a result of the merger. The promoters as well as the public will continue to hold the same percentage of equity shares in the company, post merger. The entire cost of the scheme would be borne by the promoters and / or PHPL and the promoters will keep the company indemnified against any liability, if any, arising as a result of this merger. The scheme is subject to requisite consents and approval of the requisite majority of the shareholders, lenders and creditors of the companies, the Hon'ble High Court of Judicature at Bombay and any other statutory or regulatory authorities, which by law may be necessary for the implementation of the scheme.<br />
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PENTAMED.G <br />
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Pentamedia Graphics appoints director With effect from 01 November 2012 The board of Pentamedia Graphics in its meeting on 05 November 2012 has accepted the resignation of Krish Narayanan from the post of director & CEO and company secretary with effect from 01 November 2012. The board has re-designated V Chandrasekaran as chairman & managing director of the company with effect from 01 November 2012 who is already a director & non executive chairman of the company. The board has approved the appointment of R Kalyanaraman as non-executive/ independent director of the company with effect from 01 November 2012. The board has approved the appointment of A Menaka as company secretary & compliance officer of the company with effect from 01 November 2012.<br />
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RAJSH.SUGAR <br />
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Rajshree Sugars & Chemicals appoints directors With immediate effect The board of Rajshree Sugars & Chemicals in its meeting on 05 November 2012 has appointed Aditya Krishna Pathy as non-independent non-executive director of the company with immediate effect. Further, the board has appointed B Soundararajan as independent non- executive director of the company with immediate effect.<br />
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ROLTA (I) <br />
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Rolta makes strategic acquisition of AdvizeX, USA Rolta India has announced the acquisition through its wholly owned subsidiary, Rolta International of AT Solutions Group, LLC, the parent of AdvizeX Technologies, LLC (AdvizeX), a US company that provides total solutions consisting of hardware, software, and specialized advisory and technology services for implementing cutting-edge IT strategies like Cloud computing and Virtual Data Centers. The consideration for this transaction is about US$ 32 million, including escrows and earnouts. The company made this announcement during the trading hours today, 06 November 2012.<br />
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ACC LTD <br />
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Encore Cement and Additives amalgamates with ACC ACC has announced that pursuant to an order dated 05 October 2012 of the Hon'ble High Court of Judicature at Bombay, the company's wholly owned subsidiary company, Encore Cement and Additives was amalgamated with the company. The order has been filed with the Registrar of Companies, Mumbai on 01 November 2012.<br />
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BIDL <br />
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Bhagyodaya Infrastructure Development's CFO resigns With effect from 15 October 2012 The board of Bhagyodaya Infrastructure Development in its meeting on 02 November 2012 has accepted the resignation of S R Soni, chief financial officer & company secretary with effect from 15 October 2012.<br />
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DCM LTD. <br />
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DCM to consider interim dividend Board meeting on 09 November 2012 The board meeting of DCM will be held on 09 November 2012 to consider and approve the un-audited financial results of the company for the second quarter and half year ended 30 September 2012 and to consider the proposal for payment of interim dividend for the financial year ending 31 March 2013.<br />
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VEER ENERGY <br />
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Veer Energy gets acquisition proposal at Rs 25 per share In continuation to an offer received from Crown Impex (HK) Co to acquire 24% stake of the company, Veer Energy & Infrastructure has announced that the company has received a revised offer from Crown Impex (HK) Co at a price of Rs 25 per share to acquire 24% stake of the company. As company has already informed them that promoters will not reduce their stake.<br />
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NELCO LTD. <br />
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Nelco to consider dividend Board meeting on 22 November 2012 The board meeting of Nelco will be held on 22 November 2012 to consider and approve the final accounts for the financial year ended 30 September 2012 and for recommendation of dividend, if any.<br />
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ANIL SP STEL <br />
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Anil Special Steel Industries' board discusses to sale of land at Kanakpura On 05 November 2012 The board of Anil Special Steel Industries in its meeting on 05 November 2012 has discussed the issue relating to sale of land situated at Kanakpura, P.O Meenawala, Jaipur and pass a resolution in this effect to take a consent of shareholders through postal ballot in order to approve the same in terms of section 293(1) (a) read with section 192A of the Companies Act, 1956 and to shift the existing unit at new location.<br />
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BWL LIMITED <br />
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BWL to issue equity shares The board of BWL in its meeting on 31 October 2012 has approved the reduction of paid up 6979610 equity shares of Rs 10 each and 2340355 zero dividend redeemable preference shares of Rs 10 each to the extent of 60% consequently reduction in face value per share from Rs 10 to Rs 4 per share and then subdivide into 4 shares of Re 1 each. The board has approved alteration of capital clause in the memorandum for increase in number of shares due to reduction in face value and subdivision of shares. The board has approved the issue of 306100 equity shares of Re 1 each by way of conversion a part of unsecured loan brought by the promoters of Rs 3.40 crore as per direction of the Honorable BIFR.<br />
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GMM PFAUDLER <br />
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GMM Pfaudler declares second interim dividend Of Re 0.70 per share The board of GMM Pfaudler in its meeting on 05 November 2012 has declared second interim dividend at the rate of Re 0.70 per share of 1,46,17,500 equity shares of Rs 2 each for the year 2012-13. Further, Ashok J Patel has been re-appointed as managing director for a period of three years with effect from 01 January 2013.<br />
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RIGA SUGAR <br />
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Riga Sugar Company issues convertible equity share warrants The members of Riga Sugar Company have approved to issue, offer and allot upto 14,50,000 convertible equity share warrants to be convertible at the option of the warrant holders within 18 months from the date of allotment into one fully paid up equity share of the company of Rs 10 each at an exercise price of Rs 17.20 (including a premium of Rs 7.20) for each warrant to D G Vitta Vinimay & Properties (11,50,000 warrants) and to Chitravali Barter (3,00,000 warrants). This was approved at the extraordinary general meeting held on 06 November 2012.<br />
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