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: 23-03-2009
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Intraday Technicals : 23-03-2009
Posted: 22 Mar 2009 12:40 PM PDT
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Classroom : How India calculates inflation
Posted: 22 Mar 2009 12:18 PM PDT
Classroom : Rising inflation was the most recent ticklish political issue that
hit the Manmohan Singh government. But was inflation rising because of price
rise in essential commodities? Or was it because of the ‘erroneous method’ of
calculating inflation?
Some economists assert that India’s method of calculating inflation is wrong as
there are serious flaws [...]
Satyam scam much bigger than disclosed by Raju: CBI
Posted: 22 Mar 2009 12:07 PM PDT
New Delhi: The CBI’s probe has shown that the Satyam Computer scam involves a
much bigger amount, close to Rs 10,000 crore, than what was disclosed by the IT
company’s founder Ramalinga Raju.
Sources said the agency has retrieved over 7,000 fake invoices and forged
documents showing fixed deposits and bank balances and their evaluation shows
[...]
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