Tuesday, July 31, 2012

Date: 31st July 2012

Important News of the Day

1. Northern grid collapse paralyses city, Metro Service Hit, Traffic Lights Go On Blink, Taps Run Dry, Worst Outage In 10 Years; 300m Suffer.
2. P Chidambaram to hold FinMin in coming days, may name Raghuram G Ranjan as Chief Economic Adviser.
3. RBI cuts GDP growth forecast to 6.5%.
4. PM ordered a relook at three tax issues announced by former FM Pranab Mukherjee to placate global investors. These include IT development centres, FII flows and safe harbour schemes for transfer pricing.
5. Gagan Narang wins First Medal (Bronze) for India in 10m air rifle.

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