Govt lowers FY’12 GDP growth projection to 8.6%: Amid a likely moderation in industrial output, the government on Wednesday lowered its GDP growth projection for 2011-12 to 8.6 per cent from the earlier estimate of about 9 per cent. (Source: DD News)
Inflation to remain high till December: Finance Ministry: The common man will get no respite from rising prices for another six months, with the government on Wednesday saying that inflation, currently hovering above 9 per cent, will continue to remain high till December. (Source: The Hindu)
Air India to pay Rs.75 lakh to Mangalore crash victims: The Kerala High Court on Wednesday directed Air India to pay interim compensation of Rs.75 lakh each to the kin of 158 passengers who died in an air crash in Mangalore last year. (Source: NDTV)
Read Gita in school or leave India: Karnataka education minister: Karnataka education minister Vishweshwar Hegde Kageri has said that it the duty of every Indian to respect sacred Hindu text, Bhagavad Gita, else they should leave the country. (Source: The Times of India)
Kudankulam N-plant close to achieving criticality: India’s first 1000 MW nuclear reactor built at Kudankulam in Tamil Nadu by the Nuclear Power Corporation (NPCIL) in collaboration with Russia is undergoing several commissioning processes after much delay, and it is being currently tested for ‘Hot Run’, just two steps away from ‘criticality’. (Source: Zee News)
Air India plane skids off runway after tyre burst: An Air India plane, carrying 54 passengers, today skidded off the runway after a tyre burst but no one was injured in the incident, airline sources said. (Source: Daily News and Analysis)
No tax exemption for IPL in Tamil Nadu: The Tamil Nadu government has said that the Indian Premier League will be brought under the Tamil Nadu entertainment tax act. This will mean that 23 to 28 per cent of ticket collection will go to the state government’s coffers. (Source: NDTV)
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