New Delhi - India's inflation rate fell sharply 6.84 per cent for the week ending December 6, down from 8 per cent the week before, government data showed Thursday.
The inflation rate, linked to India's wholesale price index, was at its lowest in nine months primarily because of cuts in petrol and diesel prices announced by the government recently.
Inflation in India has been on the decline since it hit its peak of 12.91 per cent in the week what ended August 2. The rate during the same period last year was 3.84 per cent.
New Delhi, Dec 18: The first session of the Delhi's new Legislative Assembly will begin here today.
Pro-term Speaker Jagdish Mukhi will administer the oath of membership to Chief Minister Sheila Dikshit, including other elected members of the Assembly.
The election of Speaker will be held on December 19.
Lieutenant Governor Tejinder Khanna will deliver his address on December 22. On the last day of session on December 23, a Motion of Thanks for Lieutenant Governor''s address will be moved in the House.
New Delhi - Indian information technology major Satyam Computer Services dropped plans to buy assets of its promoter companies after investors gave a thumbs down, a company statement said Wednesday.
Satyam's plans to acquire majority stake in Maytas Properties for 1.3 billion dollars and Maytas Infra for 300 million dollars affected investor confidence and also led to questions on corporate governance, analysts said.
Both companies are partly owned by the founder and chairman of Satyam, Ramalingam Raju, and his brother Rama Raju. Maytas is Satyam spelled backwards.
New Delhi, Dec. 17 : Thousands of war widows from across the country paid homage to the war heroes during a ceremony held here on Wednesday to commemorate their supreme sacrifice at the national war memorial ''''Amar Jawan Jyoti'''' at India Gate.
The ceremony held under the aegis of War Widows Association was organized in relation to ''''Vijay Divas'''', the annual victory day marked on Dec. 16 every year to celebrate India's victory over Pakistan in 1971 war.
But today, the war widows drew authorities' attention towards a host of problems affecting them in daily life.
New Delhi, Dec 17 : To highlight the issues of farmers and the serious crisis faced by the agriculture sector, hoards of farmers from Kerala held a protest march here today.
The protest was organised under the aegis of Karshaka Sanghatana Aikya Vedi (KSAV).
The prices of agricultural products have reduced sharply, but the over all cost of produce has increased, which adds to the farmer''s woes.
New Delhi - Three weeks after the Mumbai terrorist attacks, India's Parliament on Wednesday debated tougher anti-terrorism legislation and a plan to set up a federal investigative agency.
India's Home Minister P Chidambaram said the government sought a fair balance between fundamental rights and the authority of investigative agencies while framing the bills.