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Bidding for the Orissa ultra mega power project is set to close on August 1st after bids were invited in June of last year and the deadline for bidding was extended six times.

The Orissa ultra mega power project is one of nine 4,000 megawatt capacity coal-fired plants being built across the country to expand access to electricity.

According to a recent study by Bain & Company, private charitable donations in India have witnessed a significant increase since 2006, particularly among wealthy individuals and philanthropists.

The findings were published in a report entitled “Indian Philanthropy Report 2011”and were presented by Bain & Company at an event hosted by the Indian Philanthropy Forum.

The study found that private charitable donations from individuals had grown by at least 50% since 2006 as a percentage of the country’s gross domestic product, totaling at approximately $5-6 billion in 2010.

According to recent reports, it has been revealed that the inflation in India has taken a downturn after a long time and is now stable. The prices of food have come down, and the costs of potatoes and fruits have fallen down by substantial limits.

Despite these reported falls, it has been announced that monetary tightening is going to continue, though there might e a little less stress laid on the same from now on. The reports are of the view that wholesale price index of food has risen from 7.78% to 9.13%.

It has been revealed according to a recent report that the 25 paisa coin shall be going out of existence. A little while earlier, the ek (1 paisa), do (2 paisa), teen (3 paisa) coins have already been dismissed, and 25 paisa coin shall soon follow suit.

The RBI has decided that it is time for these ancient value coins to rest in peace. After all, they have served the country well.

It has been revealed according to a recent revelation that the investment opportunities in the past year were not according what favored one and all. It has been revealed by the Finance Minister Pranab Mukherjee that there shall e better times coming for investment in the latter part of the year.

There is a major advantage that India has had in being able to attract foreign investment. This is because the recovery process of a number of countries in terms of economy is relatively slow.

Activision’s Call of Duty: Black Ops has emerged as the largest selling video game ever in the UK after it surpassed its predecessor, Call of Duty: Modern Warfare 2 in number of copies sold.

The Modern Warfare 2 has sold 3,702,410 copies compared to 3,777,411 copies of Black Ops since its launch last year. The company also released the newest map pack, Annihilation, which includes our maps for the standard multiplayer modes named Silo, Drive-In, Hazard and Hangar 18. The pack also includes another level for the zombie mode.