| Friday, Jun 24, 2011 |  |
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| | | DIESEL PRICE HIKED BY RS 3/L, DUTY CUT BY 5%
After putting it on hold for long time, the Empowered Group Of Ministers (EGoM), at a late night meeting on Friday, finally took the bold step of hiking the diesel price by Rs 3 per litre, kerosene by Rs 2 per litre and domestic LPG by Rs 50 per cylinder. EGoM agreed for 5% cut in customs duty on crude and petro products. Reduction in excise duty on diesel from Rs 4.60 litre to Rs 2 per litre. The meeting was attended by Pranab Mukherjee, Montek Singh, Jaipal Reddy, CP Singh and finance ministry officials. NCP's Sharad Pawar and DMK's MK Alagiri stayed out of the meeting. | | | | | | | | AT A GLANCE | | BSE | 18240.68 | +513.19 | | NSE | 5471.25 | +151.25 | | TURNOVER Rs. 213,914 cr | | BSE CASH Rs. 2,773 cr | | NSE CASH Rs. 12,416 cr | | NSE F&O Rs. 198,724 cr | | | | BULLION | | GOLD | 22250 | -161 | | SILVER | 52275 | -446 | | | | CRUDE | | NYMEX | 102.25 | -0.08 | | BRENT | 105.83 | -1.43 | | | | FOREX | | $ / Re | 44.99 | +0.04 | | £ / Re | 71.89 | +0.16 | | € / Re | 63.787 | -0.04 | | | | EVENTS |
| | 27-28 June |  | 4th Annual Conference On Solar Power In India, ITC Maurya, New Delhi | |
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| | 30 June | | Deadline For Drafting Lokpal Bill | | SEBI To Discuss On NSDL's Role In IPO Scam | |
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| | 2 July | | GoM To Meet For Clearance On Coal Blocks | |
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| | 3 July | | All-Party Meet On Drafts Of Lokpal Bill | |
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| | 7 July | | Bank Employees To Go On Countrywide Strike | |
| | | | | | EXPERT VIEWS |
| | "Anna asks for prosecution powers without accountability for the Lokpal, which means he wants a parallel government. Did our framers of the Constitution ever think of such a situation arising now?'
Kapil Sibal
HRD Minister "Temporary suspension of land acquisition for Posco project in the proposed plant site area near Paradip was no deadlock. We are hopeful agitating people will understand the ground reality and cooperate with administration."
B K Patnaik
Chief Secretary, Orissa "If Alzheimer's were a country, it would be the 18th largest economy based on GDP. Alzheimer's is the single most important health and social crisis of the 21st century."
Daisy Acosta
Chair, AAlzheimer's Disease International |
| | WATCH OUT |  The Firm Special with K N Vaidyanathan Watch K N Vaidyanathan, Executive Director, SEBI in conversation with CNBC-TV18's Menaka Doshi as they talk about the role of institutional investors in fostering corporate governance, the unfinished regulatory agenda for Mutual Funds and FIIs, regulatory independence and life at SEBI. | SHOW TIMINGS Sat 7pm
Sun 10 am
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