Thursday, January 13, 2011

  • Govt. admits it can't tame price devil as the vegetable prices are rising dramatically.
  • nafed and NCCF to sell subsidised onions by importing.
  • States urged to exempt horticultural products from APMC act to remove bottlenecks in movement of fruits and vegetables.
  • Infosys Q3 net rises 14.2% and total revenues in last quarter Rs.1780 crore.
  • Cabinet secretary KM Chandrashekhar has favoured FDI in multi-brand retail saying investments in improving distribution network would help control prices.According to industry estimates 40% of farm produce i.e. worth Rs.50,000crore becomes waste, every year. It is expected that foreign retailers would bring in adequate capital.global practices leading to an improvement in distribution system.

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