Thursday, September 22, 2011

Economy snippets

±  The shortfall in domestic coal production is likely to stand at 114 MT in FY12, as against the earlier projection of 142 MT, due to the evacuation of stocks lying idle. (ET)
±  India's sugar production is estimated to increase marginally to 24.6 MT in the 2011-12 crushing season, which starts next month, owing to a rise in sugarcane output. (ET)
±  Political instability in Mauritius has offered a breather to foreign institutions that route investments to India through the island nation. (ET)
±  The Commerce Ministry plans to come out with draft guidelines to amend the Special Economic Zones Act, 2005. (BL)
±  RINL disinvestment to be postponed to 2012-13 after it completes the Rs125bn first phase expansion. (FE)

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