India set to export record quantity of basmati rice

india-emerging-market

India looks set to export a record quantity of basmati rice in the current fiscal.
Last month, the official agency monitoring the export of basmati rice issued 658 registration-cum-allocation certificates (RCAC) to traders, enabling them to export 165,148 tonnes of basmati rice worth $252 million (Rs.10.08 billion).
In July last year, by contrast, the Agricultural and Processed [...]

Currency trading at NSE

NOT A FALSE
START
Currency derivatives trading got off to a curious start on Friday. Even as finance minister P Chidambaram rang the bell, the thread snapped! Finally, the FM had to ring the bell with his hands — not the kind of auspicious start you would have imagined. But in the actual ring, things were much [...]

Every Indian Will Go to mobile by 2012

Every 2nd Indian will go mobile by 2012
With India now adding 8-10 million mobile subscribers every month, up to half the nation’s population—or
one in every two citizens—will own a mobile phone in India by the middle of 2012.
According to Business Monitor International, a renowned London-based research firm, 612 million mobile
subscribers by 2012 will help India [...]