Saturday, May 5, 2012

Date: 5th May 2012

Important News of the Day

1. Population growth rate dips to 17%, India sees 4% decrease from 21% in 10 yrs.

2. Aman ki Asha Indo-Pak Economic Conference II to be held in Lahore, Pak on May 7-8, 2012.
3. RBI takes measures to arrest rupee slide, raise deposit rates of FCNR (B).
4. FCNR (B)- Foreign Currency Non-Resident (Banks).
5. Facebook IPO price set at $28-35, values itself at $96bn.

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