Weekly News

SUBMITTED BY
AMANDEEP SINGH
 INDEX TO PEAK BY
DIWALI
RIL, SBI & FIIs Seen Driving Rally
Past All-Time High Of 21,207
Seen on Jan 10, 2008.

INDIA’S $1.2-trillion economy is

set to grow a scorching 8.5% in
the year to March 2011, according
to global investment bank
Goldman Sachs.
DRUG SEIZURE ISSUE
SETTLED, EU AGREES
TO AMEND LAWS
The EU has accepted our position and
amended its rules,” commerce and
industry minister Anand Sharma told
reporters on the sidelines of the Ficci-
Frauenhofer CEOs Roundtable in Berlin
on Thursday. He said India would
withdraw the complaint filed at the World
Trade Organisation (WTO) against such
seizures. “We do not want to be in
conflict. There has been realisation and
we appreciate the steps, which have
been taken. They went to the extent of
saying that they were misreading the
concerned EU notification
DELL LAUNCHES
SMART PHONE-TABLET
STREAK IN INDIA
Dell announced the launch of its
smartphone tablet device 'Dell Streak'
in India, in association with Qualcomm
and Tata DOCOMO.

The Dell Streak is a five-inch Android-

based tablet combining the features of
a smart phone and a tablet and the
company said its designed to provide
people the best 'on-the- go'
entertainment, social connection, and
navigation experience.
 GREEN NORMS FOR
SEZS TO BE
ANNOUNCED SOON 

Export Promotion Council

director general, "The govt will
shortly notify green SEZ
guidelines, standards and rating
system to make all SEZs
environment friendly."
 PRICES OF
ESSENTIALS ROSE 18
PER CENT IN ONE
YEAR: ASSOC HAM
The survey found that the per capita
consumption of condiments and spices
in India is on the rise in prices of
essential commodities and per capita
income is the rise following a change in
food habits. The study says that the rise
in prices of essential commodities and
per capita income is utterly
disproportionate.
The prices of condiments witnessed
extremely high volatility - 40 per cent -
between August 2009 and August 2010.