/

September WPI inflation came in at 8.6% yoy, higher than the 8.5% yoy in August. This was higher than the consensus expectation of 8.5% yoy. Similar to past trends, July inflation was revised up to 10.3% from 9.8% reported earlier. Going forward, while we expect the base effect to result in a moderation in the numbers to 6% by year end.

Primary articles which inched up to 17.5% from 15.8% levels last month. This was due to both food (mainly fruits and milk) and

Justices deliver Fractured Verdict. Hindu Mahasabha lawyers claim victory using part of judgment. Status quo to continue for 3 months in Ayodhya. Nirmohi suit, Wakf suits dismissed. Babri Masjid was on Ram Lalla Birth Place Majority of Judges. Ram idols to remain on site. 2.7 Acres Land divided into 3 parts.

Excerpts from the Judgement is as follows,
Whether the disputed site is the birth place of Bhagwan Ram?
The disputed site is the birth place of Lord Ram. Place of birth is a juristic person and is a deity. It is personified as the spirit of divine worshipped as birth place of Lord Rama as a child. Spirit of divine ever remains present every where at all times for any one to invoke at any shape or form in accordance with his own aspirations and it can be shapeless and formless also.

Whether the disputed building was a mosque? When was it built? By whom?
The disputed building was constructed by Babar, the year is not certain but it was built against the tenets of Islam. Thus, it cannot

It is of Public Knowledge that Mukesh Ambani & Group, inherited Promoter of Reliance Industries Ltd involved in one of the most unethical corporate practices of Insider Trading in his own company shares prior to merger of Reliance Petroleum Ltd with the former. SEBI the stock market watchdog did uncover the insider trading scam. However, it has been over 2 years now that SEBI constantly

The RBI-funded India KLEMS project (a co-ordination between RBI and ICRIER) is a relatively new initiative for measuring Productivity. As part of an ongoing global initiative to develop an internationally comparable database, the KLEMS (Capital, Labor, Energy, Material, and Services) Framework examines the growth performance of 31 sectors (agri, industry and services) during the period 1980-2005, divided into 4 subperiods.

The study finds that the deceleration in GDP to 5.7%YoY during 1997- 2005 from 6.5% during 1992-97 can be explained by a

In Part-1, we have already discussed the Value Proposition and the Strategy behind building GIFT on the banks of Sabarmati. The site is about 12km from Ahmedabad International Airport and 8km from Gandhinagar close to Ecopolis Knowledge City. Land allocated for the project is 663 acres, entailing development of 62msf (plus 12msf below the ground). Of this, 250 acres is earmarked for SEZs and the balance will be for domestic operations.

GIFT is a Public Private Partnership venture with Government of Gujarat) owning 50% of shareholding and

GIFT (Gujarat International Finance Tec-City) is positioned as an International Finance Center with a strategic location (Gujarat accounts for 30% of India’s market cap) and world class infrastructure. The Master Plan for the 62msf project is complete. The initial phase of 4msf is targeted to be completed in 2012. The target segment is core financial services, IT/ITES for financial services and also capital market and trading. IL&FS has signed up as the anchor tenant. Initial rentals are at Rs50-55/sf per month.

Gujarat Chief Minister Narendra Modi’s objective behind GIFT is