| Monday, Jan 17, 2011 |  |
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| | | AN OPEN LETTER TO OUR LEADERS: INDIA INC
Alarmed at the widespread governance deficit, corruption that is corroding the fabric of the nation and issues like environmental concerns that are impeding economic development, a group of 14 India Inc leaders including Deepak Parekh, Azim Premji, N Vaghul, Keshub Mahindra, Jamshyd Godrej, Yezdi Malegam, Bimal Jalan, Justice BN Srikrishna, Anu Aga, Ashok Ganguly, M Narasimhan, A Vaidyanathan, Nachiket Mor and Justice Sam Variava have written an open letter to the country's political leaders. "It is imperative to establish ways and means, for every Indian, to feel that they have genuine equal opportunities, access to decision makers and a stake in India's progress," says the open letter. read more & nbsp; | | | | | | | | AT A GLANCE | | BSE | 18882.25 | +21.81 | | NSE | 5654.75 | +0.2 | | TURNOVER Rs. 140,573 cr | | BSE CASH Rs. 3,013 cr | | NSE CASH Rs. 11,312 cr | | NSE F&O Rs. 126,247 cr | | | | BULLION | | GOLD | 20255 | -6 | | SILVER | 43587 | -255 | | | | CRUDE | | WTI | 91.14 | -0.4 | | BRENT | 4460 | -15.75 | | | | FOREX | | $ / Re | 45.51 | +0.15 | | £ / Re | 72.512 | +0.42 | | € / Re | 60.487 | +0.82 | | | EVENTS 18 January
CII Session With Jairam Ramesh, Taj Mansingh, Delhi 19-20 January
5th Annual Conference On Airport Development & Modernisation, The Imperial, New Delhi 19-22 January
India Rubber Expo 2011, Chennai 19-22 January
Symposium On International Automotive Technology Expo 2011, ARAI Campus, Pune 19 January
Pranab Mukerjee, State Finance Ministers Meet To Discuss Inflation 20-22 January
Future Of Financial Markets 2011, Leadership Summit, Renaissance, Mumbai 20-24 January
8th Plastivision India 2011, Bombay Exhibition Centre, Mumbai | | | | | EXPERT VIEWS |
| | "A lot of other countries are still flirting with deflation... still concerned that they might have deflation. On the other hand we are having a surging inflation... When I meet other central bank governors, they tell me: 'why don't you give us a bit of your inflation.' That's how desperately they want some inflation and how desperate we are to control our own inflation."
D Subbarao
RBI Governor "The decision to hike petrol prices was taken by the oil companies. These companies are Navratnas and are making huge losses. These Navratnas cannot be allowed to bleed. They had no alternative but to hike prices. We have sought a meeting with Finance Minister tommorow. We are requesting Finance Ministry to abolish the import and excise duty on oil and oil products which were levied in the last Budget."
Murli Deora
Petroleum Minister "Congress and price rise predictably go hand in hand. Whenever the party comes to power, it automatically leads to price rise. We are not surprised at the escalating price rise and inflation during the UPA rule... let us not expect prices to fall so long as the Congress-led coalition government is ruling the country."
Nitish Kumar
Bihar Chief Minister |
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