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Indian Finance Minister Pranab Mukherjee announced that the increase in key rates will relieve inflation, besides keeping financial growth on the right track.

The country's central banking institution (RBI), today lifted the repo rate by 25 basis points to 5.75% and reverse repo rate by 50 basis points to 4.50%.

The Reserve Bank of India has kept cash reserve ratio (CRR) unaltered at six per cent.

At present, the food inflation is looming over 12% and the overall inflation rate is higher than 10 per cent.

Chennai based Polaris has announced its further extension plans. It has informed that it is going to open a new office in Bangalore. This office will serve the back office development centre and can support the growing business opportunities from these areas.

Facebook, the current craze in the social networking world, crossed the 12-million user benchmark in India. More and more people are joining the site to share their lives, videos and photos etc. in the virtual world. More than 53 million photos are uploaded by Indians on Facebook every month, and with the advancement of technology, the usage of Facebook on mobile has also gone up by nine-folds throughout this year.

The Motor goliath Ford countenance legal action upon the pension rights of employees who relocated to the car fractions firm Visteon. Few of the 3,500 previous workers that includes 700 from the Swansea region that they were advised they might misplace as much as half of their pension prerogative when Ford turn-off Visteon UK turn into management previous year.

Haryana will establish New Born Corners (NBC) and Sick New Born Care Units (SNCUs) in all the administrative hospitals of the state in order to confirm the infant death rate.

Haryana Chief Minister Bhupinder Singh Hooda made this announcement today while addressing a meeting.

Mr. Hooda stated that NBC units would be established at 144 sub-centres, 11 rural community health (RCH) centres and 156 primary health centres under the National Rural Health Mission (NRHM).

The British media collection expressed that the full-year attuned earnings per share would hike to approximately 70 pence, a 7 percent augmentation during the year-ago period. It had beforehand expressed causal profit might nurture, without being more explicit.

According to Chief Executive Marjorie Scardino the 2010 closing line isn't yet in view, however this is a brilliant start to the year as they have seen. That enhances their poise during the full year, facilitating them to lighten their viewpoint and elevating their direction.