Thursday, October 11, 2012

Top Economy News and Updates 12 Oct


Top and latest economy news

Today 12 Oct 2012 Top economy news and updates in the Indian Stock Market is as follow : 
The construction industry is facing acute labour shortage due to social schemes like JNNURM and NREGA, leading to delay in infrastructure projects and hampering the growth of the sector, Assocham said. (BL)
    • Exports declined for the fifth consecutive month in September, falling 10.8 % to US$23.7 bn, owing to sagging global demand, particularly in Europe and the US. Imports into the country, however, rose 5.1 % to US$41.8 bn, widening the trade deficit to a 16-month high of US$18.1 bn.(BS)
    • Fertiliser companies would now get final subsidy reimbursement from the government on the basis of receipts produced by retailers of actual sale.(ET)
    • India is aiming to get back on higher growth trajectory of 8 % as it would help in generating more jobs and promoting inclusive growth, Planning Commission Deputy Chairman Montek Singh Ahluwalia said. (BL)
    Copyright : indiainfoline

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