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April 18: Retail inflation up 9.47% y-o-y

  • April 18: Retail inflation up 9.47% y-o-y

    April 18: Retail inflation up 9.47% y-o-y

  • <p><b>A man works in a mustard field on the outskirts of Agartala</b></p><p>India&#39;s monsoon rains are likely to be within long-term averages in 2012, the weather office head said on Monday, reassuring farmers ahead of next week&#39;s official forecast from New Delhi.</p><p>Global weather experts will gather in Pune on Thursday to assess the outlook for the overall south Asian monsoon at a meeting seen as a precursor to the official India prediction.</p><p>The June to September rains are crucial for India with 60% of its arable land dependent on them.</p>

    A man works in a mustard field on the outskirts of Agartala

    India's monsoon rains are likely to be within long-term averages in 2012, the weather office head said on Monday, reassuring farmers ahead of next week's official forecast from New Delhi.

    Global weather experts will gather in Pune on Thursday to assess the outlook for the overall south Asian monsoon at a meeting seen as a precursor to the official India prediction.

    The June to September rains are crucial for India with 60% of its arable land dependent on them.

  • <p><b>Reliance Industries KG-D6&#39;s facility located in Andhra Pradesh is pictured in this undated handout photo</b></p><p>Reliance Industries <RELI.NS> has asked the Supreme Court to appoint an arbitrator in its ongoing dispute with the government over cost recovery at its offshore D6 gas field, a company spokesman said on Wednesday.</p><p>India&#39;s most valuable listed company, controlled by billionaire Mukesh Ambani, has seen declining output at its key D6 field.</p>

    Reliance Industries KG-D6's facility located in Andhra Pradesh is pictured in this undated handout photo

    Reliance Industries has asked the Supreme Court to appoint an arbitrator in its ongoing dispute with the government over cost recovery at its offshore D6 gas field, a company spokesman said on Wednesday.

    India's most valuable listed company, controlled by billionaire Mukesh Ambani, has seen declining output at its key D6 field.

  • <p><b>A woman checks a gold necklace inside a jewellery showroom in Hyderabad</b></p><p>Jewellery retailer Tribhovandas Bhimji Zaveri Ltd set a price band of between Rs 120 and Rs 126 a share for its up to Rs 210-crore initial public offering.</p><p>Subscriptions to the 16.66-million-share issue will begin on April 24 and close on April 26, the company said in a newspaper advertisement on Wednesday.</p><p>A stock market rebound has boosted the outlook for share sales in India this year, with the recent offering from Multi Commodity Exchange receiving strong demand from investors.</p><p>IDFC Capital and Avendus are the lead bookrunners for Tribhovandas&#39; share issue.</p>

    A woman checks a gold necklace inside a jewellery showroom in Hyderabad

    Jewellery retailer Tribhovandas Bhimji Zaveri Ltd set a price band of between Rs 120 and Rs 126 a share for its up to Rs 210-crore initial public offering.

    Subscriptions to the 16.66-million-share issue will begin on April 24 and close on April 26, the company said in a newspaper advertisement on Wednesday.

    A stock market rebound has boosted the outlook for share sales in India this year, with the recent offering from Multi Commodity Exchange receiving strong demand from investors.

    IDFC Capital and Avendus are the lead bookrunners for Tribhovandas' share issue.

  • <p><b>A Blackberry smartphone is displayed in Hong Kong</b></p><p>Research in Motion (RIM) on Wednesday launched in India what it called its "most affordable" BlackBerry smartphone, part of an aggressive push in one of its few growing markets.</p><p>The new Curve 9220 is priced in India at Rs 10,990, higher than the price of Curve 8520, which is RIM&#39;s best-selling phone in India, and comes with an introductory offer to download free applications worth Rs 2,500.</p><p>RIM, which will start selling the new phone in India on Thursday, will launch it in a number of other countries in coming weeks, Carlo Chiarello, executive vice president of RIM&#39;s smartphone division, told reporters.</p>

    A Blackberry smartphone is displayed in Hong Kong

    Research in Motion (RIM) on Wednesday launched in India what it called its "most affordable" BlackBerry smartphone, part of an aggressive push in one of its few growing markets.

    The new Curve 9220 is priced in India at Rs 10,990, higher than the price of Curve 8520, which is RIM's best-selling phone in India, and comes with an introductory offer to download free applications worth Rs 2,500.

    RIM, which will start selling the new phone in India on Thursday, will launch it in a number of other countries in coming weeks, Carlo Chiarello, executive vice president of RIM's smartphone division, told reporters.

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