Friday, December 16, 2011

Date: 16th Dec 2011

Important News of the Day


1. Japnese encephalitis (a disease transmitted from pigs to human by mosquitoes) threat looms over capital.
2. Routing Iran oil payments on PM's Moscow agenda.
3. Food inflation at 4-yr low of 4.35%.
4. RBI sells dollars, curbs speculation as Rupee hits 54.3
5. Computer hardware, cell phones get dearer because of Rupee depreciation.
6. What RBI can do to support the rupee:
- sell dollars directly to oil company, offer NRI's higher returns, or introduce scheme for overseas Indians to bring in their funds. 

No comments:

Post a Comment

Search Engine Submission - AddMe