A.K. Seth is a new Cabinet Secretary

The Prime Minister has approved the appointment of Ajit Kumar Seth,a 1974 Indian Administrative Service (IAS) officer belonging to Uttar Pradesh cadre as the next Cabinet Secretary with effect from June 14, 2011. A press release issued by the Ministry of personnel, public grievances and pensions says that “The Prime Minister has approved the appointment […]

FICCI rejoices in Mamata’s and secretary general’s win at the polls

The Federation of Indian Chambers of Commerce and Industry (FICCI), India’s second biggest industry association, said that Mamata Bannerjee’s victory in Bengal may bring back West Bengal’s lost status as one of India’s industrial hubs. FICCI, which normally restrains itself from commenting on changing political fortunes, said it “strongly welcomes” the transition of power in […]

Revision in inflation numbers ‘a cause for concern,’ interest rates may rise: expert

Even as wholesale price inflation, as measured by the Wholesale Price Index or WPI declined in April, experts have raised questions about the upward revision of earlier data. According to numbers released today, inflation in the country came down marginally to 8.66% in April from 8.98% announced for March last month. However, the government also […]

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