- India's per capita income is projected to grow 17.3% to Rs. 54,527 in FY'11 from Rs. 46,492 in the previous year according to official data. - U.K. Sinha, chairman of the Association of Mutual Funds in India, has been named the new chairman of the Securities and Exchange Board of India, replacing C.B. Bhave whose term ends on February 17. - A prolonged political turmoil in Egypt may worsen India's current account deficit as higher oil prices will impact subsidies, inflation, and India's record high deficit of $15.8 billion in the September quarter.