Blog posts : "General"

Mumbai..Real estate at a glance


 Financial and commercial capital of India, Generates 6% of the country’s GDP and 33.33% of the  country’s tax revenues Diversified services economy comprising Financial Services,    Entertainment, Engineering, Health Care, Technology & Gems & Jewel…

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US Economy Challenges and Possibilities

Economy grew at a 1.9 percent annual pace in the January-March period, but the mix of growth was    not encouraging for the current quarter. one report showed the number of Americans filing new claims  for jobless benefits fell last week, but remained too high, indicating the job market was strug…

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Reached!! Reached!! Reached!!

Ergos reaches multiple cities in India:  Now we operate from Mumbai, Bangalore, Hyderabad, Jalandhar, and Ludhiana... Many more on the card..Kolkata, Delhi, and  Jaipur coming shortly..

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Govt may dilute GAAR proposals, target tax havens

The finance ministry may dilute some provisions of the proposed General Anti-Avoidance Rule (GAAR) to allay investors’ fears about excessive powers to the taxman under the regime. The rules may be worded in a manner that the onus to prove tax avoidance is also on the tax officials a…

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Foodgrain storage capacity of 151 lakh tons to be built in 19 states

To strengthen the functional areas, like Quality Control, Storage etc., the Government carried out the organizational restructuring of FCI in the year 2010. Further to reduce the storage under Cover and Plinth (CAP), the Government formulated a Scheme for construction of storage godowns through priv…

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History of Cashew:

The Cashew tree, Anacardium occidentale, generally considered the native to the northern part of South America, is now found in many tropical areas. The English name 'cashew' is derived from the Portuguese name of similar pronunciation, 'caju', which in turn comes from the Tupi-Indian word 'acaju'. …

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Global wheat production expected to decline to 681 Million tonnes during crop year 2012-13:

International wheat production is likely to slip marginally to 681 million tonnes during the 2012-13 crop year, as compared to last year’s record, due to poor production in Australia, Kazakhstan, Morocco and Ukraine, said the UK-based International Grains Council.

A statement issued by Internationa…

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RBI surprises markets by cutting Repo rate by 50 bps to 8% today:

A cut of 25 bps was already being factored in by the market participants. For the first time in nearly three years after following a tight policy regime, RBI has finally triggered off its monetary easing stance. This is on the back of faltering economic growth and seemingly softening inflation. Indi…

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