10 January 2012

Top News, 11th Jan

 1)Caps on single-brand retail FDI officially lifted, but firms will have to buy 30% from small &village industries 


2)Moodys upgrade Indias foreign currency bank deposit rating. This will attract more deposits, raise rupee value


  3)Economy in danger zone. Investment proposals in 2011 fell 45% from Rs19lakhcr a year back  


4)Many ITeS cos plan shift from India to Philippines which has abundant English speaking workforce 


 5)Mafia tightens its grip on Italian economy in times of crisis. With 65bn euros in liquidity, Mafia is Italys No.1 
bank  


Crisis is Godfather of crime!!! 

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