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Sunday, 16 January 2011

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Government Gazette
Indian worker M. Naresh spreads out red chillies to dry at a wholesale market in Hyderabad. Soaring food prices in Asia are a deepening concern among governments fearful of a repeat of the 2008 food crisis that triggered riots across the region and beyond. The price rises were caused by unseasonal monsoon rains which hit the crops across south Asia. AFP

Govt to subsidise essential food items

The government is looking at the possibility of distributing several essential food items at a subsidised price to ease the burden on marginalised people suffering as a result of soaring food prices.

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Vehicle sales to reach 100% growth this year

The booming vehicle market is expected to further surge in sales this year following import duty reductions last year that gave a kick start to the once ailing motor industry in the country.

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Peoples Bank promotes current accounts

People’s Bank launched a scheme to promote current accounts for the first time in its history. Under this scheme people who maintain a balance of Rs 50,000 during a quarter will be eligible for a draw from which the winners will be selected.

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