± The
government has envisaged an investment of more than Rs220bn for setting
up nine new major ports in the country over the next five years. (ET)
± Food price index rose 9.55 % and the fuel price index climbed 12.55 % in the year to Aug. 27. (ET)
± The
Planning Commission wants India to set up a sovereign wealth fund with
an initial corpus of US$10bn, mainly to invest in energy and mining
assets abroad. (ET)
± Fertiliser
units could get higher share of domestically produced gas than the
power plants, if the suggestions of a high-power panel are accepted.
(BL)
± A sharp jump in refunds eroded the Centre's net direct tax collections by 3.4 % during April-August 2011. (BL)
