GDP growth slows in first quarter

Economy grew by 5.5 per cent in the first(April-June) quarter, thanks to poor performance of manufacturing, mining and farm sectors. The gross domestic product (GDP) growth was 8 per cent in the corresponding quarter of 2011-12. The previous quarter(January- March) saw the slowest growth in nine years. The higher inflation also creates problems for our economy, it prevents RBI from reducing the rates. 

'Father of radar research in India', passes away

The former Director of the Electronics and Radar Development Establishment (LRDE) under Defence Research and Development Organisation(DRDO), Dr. Ramdas P Shenoy passed away.  He is considered the father of Radar research in India who is also world famous in this field. Apart from radars used by Indian armed forces, he was responsible for developing many communication systems for the force. He was a Padma Shri award winner.

Emerge: SME platform of NSE

Emerge is a special platform of National Stock Exchange(NSE) for Small and Medium Enterprises(SMEs). This platform will be useful for SMEs for fundraising while investors will benefit from low size high growth investment opportunities. SMEs play a very important role in the development of the economy. They have been a key engine of economic growth, job creation, wealth distribution and effective mobilization of resources (capital and skills).

For more information visit...
http://www.nseindia.com/emerge/