Industrial growth in April down to 7% 13 June 2008
Fiscal 2008-09 began on somber note with industrial growth in April dropping to 7 per cent compared to 11.3 per cent in the same month a year ago, reflecting the impact of higher interest rates and rising input costs.
RBI hikes repo rate to 8% 13 June 2008
The Reserve Bank today hiked its short term lending rate by 0.25 per cent with immediate effect, a move that is likely to force banks to increase interest rates and help check inflation.
WTO: Nath holds talks with senior US leaders 12 June 2008 :
Minister for Commerce and Industry Kamal Nath, who arrived in Washington had critical bilateral discussions with senior administration and Congressional leaders on issues related to WTO and bilateral issues.
Indian art work fetches record price at Christie's 5 May 2008 :
A work of art by Indian artist Francis Newton Souza has fetched a world auction record price of 1,273,250 pounds at the Christie's here.