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'Separate index for primary, manufactured items better'
With wholesale price inflation not reflecting true picture of food prices, the government today justified the introduction of separate index numbers for primary products and manufacturing items, saying the new mechanism give better reflection of price movements.

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MSME ministry to fund innovative entrepreneurship ideas
The Ministry of Micro, Small and Medium Enterprises (MSME) has commenced a programme to promote the transformation of novel entrepreneurship ideas into business ventures by funding the projects.

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Burn Standard's units may soon get govt nod for sale
The government is to shortly consider the recommendation to sell three units of Burn Standard Company Ltd, an ailing public sector undertaking.
Small Business

New power equations

The hot gossip that’s warming up New Delhi’s cocktail circuit in a cold winter is about changing power equations on Raisina Hill with the exit of National Security Advisor MK Narayanan. Not only is Home Minister P Chidambaram seen as a “rising star”, there’s talk of a new “power trio” — Sonia Gandhi’s political advisor Ahmed Patel, Pranab Mukherjee’s assistant Omita Paul and prime minister’s principal secretary TKA Nair — in that order of importance!


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