World and India
- G-20 submit held in LOS CABOS. G-20 is the group of developed and developing countries, which accounts of 80% of world GDP.
- In G-20 submit India will contribute $10 billion in IMF ($430 billion) to euro zone.
- Central government allotted on additional 5 million tones of food grains to Bellow the poverty line families under PDS.
- Pakistan's supreme court disqualified Yusuf Raza Gilani from prime ministerialship after his conviction for contempt of court last month
- The reserve bank of India extended the 2% interest subsidy scheme by another year on rupee export credit to the labour oriented and small scale sectors to cushion them from slowdown in markets such as the U.S and Europe.
- P.S Bhattachry has resignend from chairmanship of Haldia PetroChemical Ltd.(HAL).
- Central Board of Exice and Custom panel deferred the implementation of new Service Tax by 3-4 months to put in place the required framework.New tax regime will based on negative list. thus tax will be levied on all items except 17 services put in negative list.
- ONGC and CNPC (China National Petroleum Corporation) have signed a memorandum of understanding for co-operation in Hydrocarbon Sector.
