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News for week ended 10th october,2010
1. NEWS……………………… for week ended 10/10/2010 By:- Robin Inderpal Singh
2. RBI must intervene to control Rs. With reaching Indian convertible Rs. 44.38 a 6 month high. There are some sectors like apparel which are just spectators due price rise. As the currency war going on b/w China, Brazil, South Korea and Switzerland to devaluate their currency. To protect their country industry RBI must intervene now.
7. Gems & Jewellery exports may grow to 30-35% Gems & Jewellery exports may grow to 30-35% : GJEPC 61% growth in exports has been achieved till August, 2010. Total exports stood $29.33billion in FY10. US is the biggest exporter with 34% share.
9. Staff on board in PSUs selloffs PSU to take employees’ union in confidence before initiating disinvestment process. To arrange awareness programs to make them know about the benefits. Many unions like of BSNL oppose the disinvestment. All state run companies to allot shares under the preferential quota to EMPLOYEES.