Just a moment...

⚠✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
>
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ---- ❯
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
❮
❯
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    Open Link
    News
    All› News and Press Release › News and Press Release - 2011
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    December 29, 2011
    Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 17th December, 2011 (26 Agrahayana, 1933 Saka) .
    Show AI Summary
    Wholesale price inflation: Primary articles eased while fuel and power inflation remained elevated, reflecting commodity price shifts.
    Wholesale Price Index data for the week ended 17 December 2011 show Primary Articles marginally down week on week with Food Articles falling on lower fruit and vegetable prices while Non Food Articles and Minerals experienced selective increases; year on year inflation for Primary Articles moderated. Fuel & Power rose slightly week on week due to higher furnace oil, light diesel oil and bitumen prices, though some petroleum items declined, and its year on year inflation remained substantially above Primary Articles. Annexures provide item level indices and six week trends.
    December 28, 2011
    India Japan on Course to Trade Target of US $ 25 Billion by 2014 Invites Japanese Companies to Partner in Infrastructure, Pharma, Energy & Agro Processing Sector.
    Show AI Summary
    Comprehensive Economic Partnership boosts India Japan trade prospects, inviting Japanese investment in infrastructure, manufacturing and pharma collaboration.
    The Comprehensive Economic Partnership Agreement is identified as the principal mechanism to deepen India Japan trade, services and investment, expected to catalyse substantial bilateral growth. The release invites Japanese investment in priority platforms-notably the Delhi Mumbai Industrial Corridor and National Investment and Manufacturing Zones-alongside structured energy cooperation, expansion of agro processing through designated zones, and pharmaceutical collaboration including joint research and shared IPR arrangements.
    December 26, 2011
    NMCC Condoles Passing away of V.Govindarajan.
    Show AI Summary
    Public sector leadership commemorated as former industrial policy official's contributions to manufacturing competitiveness are recognized.
    The National Manufacturing Competitiveness Council mourned the death of Shri V. Govindarajan, former Member-Secretary, highlighting his leadership in NMCC's formative years and his role in shaping the National Manufacturing Competitiveness Programme and national manufacturing strategy to improve small and medium enterprises' competitiveness; it also summarized his senior public service roles in industrial policy, company affairs, foreign investment promotion, multilateral finance engagement, and as an executive representative at the IMF.
    December 23, 2011
    FM Calls for inclusive Development and more investment in infrasturcture Sector
    Show AI Summary
    Infrastructure investment priority: call for inclusive development and more investment in the infrastructure sector now.
    The Finance Minister issued a press release calling for inclusive development and increased investment in the infrastructure sector, framing infrastructure investment as central to achieving broader development goals and signalling a governmental focus on mobilising resources toward infrastructure projects.
    December 22, 2011
    Farmer Associations Support FDI in Retail.
    Show AI Summary
    FDI in multi brand retail to restructure supply chains and improve farmer remuneration, subject to domestic safeguards.
    FDI in multi brand retail is framed as a supply chain reform to reduce intermediaries and post harvest loss, improve farmer remuneration, and expand manufacturing and employment, subject to domestic safeguards including a procurement requirement from Indian small industries, protections for farmer interests, stakeholder consultations, and consideration of a farmers' advisory body to the ministry.
    December 22, 2011
    Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 10th December, 2011 (19 Agrahayana, 1933 Saka) .
    Show AI Summary
    Wholesale Price Index shows easing in primary articles while fuel and power inflation remained steady, informing short term inflation monitoring.
    Wholesale price movement for the week ended 10 December 2011: Primary Articles index declined 0.2 percent to 197.7 with point to point annual inflation at 3.78 percent driven by falls in Food and Non Food Articles while Minerals rose due to crude oil; Fuel & Power remained unchanged at index 172.4 with year on year inflation of 15.24 percent.
    December 21, 2011
    Condition of Tea Plantation Workers.
    Show AI Summary
    Plantation labour safeguards ensure mandatory welfare protections for tea garden workers, supplemented by insurance and social security schemes.
    The Plantation Labour Act, 1951 requires tea plantations meeting specified thresholds to provide housing, water, sanitation, medical and educational facilities, limit working hours, ensure weekly holidays, prohibit night work for women and children, and provide certified fitness, paid annual leave, sickness and maternity benefits; these duties are primarily those of plantation owners and are supplemented by general labour laws, a Modified Personal Accident Insurance Scheme and the Tea Board Human Resource Development Scheme.
    December 21, 2011
    Impact of Unfair Imports and Dumping.
    Show AI Summary
    Child labour prohibition: employment of children under fourteen banned in specified occupations with penal sanctions and eradication strategy.
    The Child Labour (Prohibition & Regulation) Act prohibits employment of children below fourteen in specified occupations and processes, prescribes penal sanctions and fines for illegal employment, and the Government implements a threefold strategy-legal enforcement, family oriented development programmes, and project based action in high concentration areas-to eradicate child labour, supported by declining census and NSSO estimates and annexed statewise and sectoral data.
    December 21, 2011
    Downward Growth Forecst by Moodys.
    Show AI Summary
    Economic growth forecast signals slowdown; policy focus shifts to investment promotion and a national manufacturing strategy to restore competitiveness.
    Downward growth forecast attributes moderation in 2011-12 growth to high inflation, low capital formation, moderation in industrial growth, and global economic uncertainty. The government has adopted measures to rebuild confidence: promoting industrial and foreign direct investment, improving the business environment, developing industrial infrastructure through public-private initiatives, incentivising research and development, and advancing skills development. The announcement of a National Manufacturing Policy aims to make Indian industry globally competitive and support revival of industrial growth and investment.
    December 21, 2011
    Adverse Effect of Agricultural Produce Marketing Act on Retail Market.
    Show AI Summary
    Agricultural produce market regulation shapes FDI in multi brand retail, with central approval suspended pending broader consensus.
    The document addresses State regulation under APMC Acts and the Model APMC Act promoting direct marketing; nineteen jurisdictions amended laws to allow direct procurement from farmers. The Centre had approved permitting foreign direct investment in multi brand retail subject to conditions but did not require APMC amendment and has since suspended the decision to seek broader stakeholder consensus. The policy is said to aim at reducing post harvest losses and improving prices through strengthened infrastructure and direct retail purchases.
    December 19, 2011
    Review of FDI
    Show AI Summary
    FDI caps and entry routes clarified: government retains sectoral control while most sectors allow automatic entry.
    The statement identifies sectoral FDI ceilings and entry routes: FM radio requires government approval, construction development permits full foreign equity on the automatic route, and defence is subject to a capped equity share with government route; FDI in Micro and Small Enterprises follows sectoral caps and regulations. It further states that most sectors permit FDI on the automatic route up to full equity, subject to applicable laws, security conditions and ongoing policy review to enhance investor friendliness.
    December 19, 2011
    Pharmaceutical Industry.
    Show AI Summary
    FDI policy permitting full foreign investment for greenfield and brownfield pharmaceutical projects supports India's export-promotion strategy.
    Indian pharmaceutical exporters face intensifying competition from China and Brazil; the Government aims to increase pharma exports and India's export share to China. FDI policy permits full foreign investment for Greenfield projects under the automatic route and full foreign investment for Brownfield investments subject to Government approval, forming part of the export-promotion strategy announced by the Ministry of Commerce and Industry.
    December 19, 2011
    Cooperation with USA.
    Show AI Summary
    Bilateral cooperation mechanisms expand sectoral dialogue and technical exchange, enabling agricultural action plans and technology transfer.
    Bilateral cooperation was advanced via sectoral mechanisms-Trade Policy Forum, High Technology Cooperation Group, ICT Joint Working Group, CEOs Forum and Education Dialogue-to promote policy dialogue and technical exchange. An Indo Israel Agriculture Action Plan (2008-2010), implemented in Haryana and Maharashtra under the National Horticulture Mission, funded Centres of Excellence and enabled technology transfer in mechanisation, protected cultivation, orchard and nursery management, micro irrigation and post harvest management, complemented by Israeli technical assistance, expert visits and training, with a commitment to a further phase.
    December 16, 2011
    Anand Sharma Asks All Countries to ESCHEW Protectionism Addresses Inaugural Plenary of the WTO Ministerial Conference
    Show AI Summary
    Multilateral trade rules: call to reject protectionism and preserve inclusive negotiations for credible rule making.
    Multilateral trade policy should be preserved against rising protectionism that risks deepening the downturn and delaying recovery. Members are urged to honour the negotiation mandate and complete a comprehensive multilateral settlement under the Doha Development Agenda, while opposing plurilateral agreements that lack the checks, balances and inclusiveness of multilateral instruments. The address stresses protectionism's disproportionate harm to developing countries and calls for trade outcomes to remain linked to the development agenda, proposing informal consultations to identify a transparent and inclusive way forward.
    December 16, 2011
    The Companies Bill 2011 as presented to the Parliament
    Show AI Summary
    Companies Bill 2011 updates corporate law: new governance, disclosure, insolvency frameworks for companies and compliance requirements.
    The Bill modernises company law by prescribing formation and registration rules for companies (including One Person and charitable companies), imposing substantive obligations on memorandum and articles, and empowering the Registrar and Central Government to regulate names, offices and conversions. It comprehensively governs securities offers and disclosures (prospectus, red herring, shelf issues, dematerialisation), private placements, share capital mechanisms (classes, transfers, buy backs, redemption), and imposes civil and criminal liability for misstatements and fraud. It establishes governance, audit and reporting regimes, investigation and inspection powers, rehabilitation and winding up procedures, and creates specialised tribunals and enforcement architecture, with delegated rule making powers for implementation.
    December 15, 2011
    Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 3rd December, 2011 (12 Agrahayana, 1933 Saka)
    Show AI Summary
    Wholesale Price Index shows mixed movements: primary articles eased while fuel and power maintained strong inflationary pressure.
    The weekly WPI release reports that Primary Articles fell slightly due to lower prices in Food Articles (fruits, vegetables, poultry, selected cereals) while Non Food Articles rose on higher seed, rubber and silk prices; the point to point annual inflation for Primary Articles eased. Fuel & Power rose modestly driven by aviation turbine fuel, bitumen, naphtha and light diesel oil despite declines in petrol and furnace oil, with its annual inflation remaining higher than Primary Articles. Annexures provide detailed subgroup indices and multiweek trends.
    December 14, 2011
    Delhi Laws (Special Provisions) Bill, 2011 Passed Sh Kamal Nath Directs DDA to consider Public Feedback before finalizing MPD-2021
    Show AI Summary
    Special provisions extension preserves status quo while mandating public consultation for revision of the city Master Plan.
    Extension of special legal provisions preserves the regulatory status quo across the National Capital Territory while MPD 2021 is revised; punitive action is restrained subject to compliance with Central Government directions and Administrator approval, with safety and encroachment liabilities excepted. The Development Authority must solicit, publish and consider public suggestions through area review cells, open houses and an online platform, supported by an Apex Committee and an Expert Committee on FAR. Proposed reforms include leasehold to freehold conversion and formation of an Urban Regulatory and Appellate Authority to process land use changes and review building regulations.
    December 14, 2011
    Virginia Tobacco Produced in AP and Karnataka
    Show AI Summary
    Tobacco production reporting: Virginia crop area and output disclosed, with measures to improve productivity and reduce contaminants.
    Annual figures report area and production of Virginia tobacco in Andhra Pradesh and Karnataka for 2009-10 and 2010-11, with the Tobacco Board as source. The Board implements extension and developmental programmes through trained technical staff, supplies machinery for transplanting, topping, suckering and pesticide application, and provides tarpaulins to reduce Non Tobacco Related Materials (NTRM); these measures are presented alongside the statistical disclosure in a written parliamentary reply.
    December 14, 2011
    Index Numbers of Wholesale Prices in India (Base: 2004-05=100) Review for the month of November, 2011
    Show AI Summary
    Wholesale Price Index signals persistent annual inflation with sectoral month-on-month shifts in food, fuel and manufactured goods.
    Wholesale Price Index for All Commodities (Base 2004-05=100) rose marginally to 156.9 in November 2011, yielding a provisional annual inflation rate of 9.11% and a financial-year-to-date build-up of 4.95%. The release reports month-on-month declines in Primary Articles (notably Food and Non-Food Articles) and a rise in Minerals; Fuel & Power increased driven by petroleum products; Manufactured Products rose modestly with diverse subgroup movements detailed in weighted annexures.
    December 13, 2011
    100% FDI in Processed Food Items Through Automatic Route
    Show AI Summary
    Full FDI in processed food items allowed through automatic route, enabling foreign investment and technology access.
    The Government permits 100% FDI in all processed food items through the automatic route, allowing wholly foreign-owned investment without prior approval. The Ministry notes past FDI inflows, states it has not studied FDI's retail impact, and characterises FDI as complementing domestic investment by supplying technology and managerial practices; it also funds research institutions for quality improvement and development of food-processing technologies.

    News

    All› News and Press Release › News and Press Release - 2011
    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Home› news › News and Press Release › 2011 › December, 2011 › This
      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters
      News and Press Release

      Wholesale Price Indices for Primary Articles and Fuel & Power in India (Base: 2004-05 = 100) Review for the week ended 3rd December, 2011 (12 Agrahayana, 1933 Saka)

      December 15, 2011

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      Print Options

      Press Information Bureau

      Government of India

      Ministry of Commerce & Industry

      15-December-2011 11:34 IST

      The WPI for the week ended 3rd December, 2011 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below:

      PRIMARY ARTICLES (Weight 20.12%) 

      The index for this major group declined by 0.6 percent to 198.1 (Provisional) from 199.3 (Provisional) for the previous week.

      The annual rate of inflation, calculated on point to point basis, stood at 5.48 percent (Provisional) for the week ended 03/12/2011 (over 04/12/2010) as compared to 6.92 percent (Provisional) for the previous week (ended 26/11/2011). 

      The groups and items for which the index showed variations during the week are as follows:-

      The index for 'Food Articles' group declined by 1.0 percent to 191.9 (Provisional) from 193.8  (Provisional) for the previous week due to lower prices of fruits & vegetables (4%), poultry chicken and   urad (3% each) and ragi, gram, barley, tea, condiments & spices and arhar (1% each).  However, the prices of pork (6%), beef & buffalo meat and jowar (2% each) and bajra, fish-inland and maize (1% each) moved up.

      The index for 'Non-Food Articles' group rose by 0.4 percent to 178.4 (Provisional) from 177.7  (Provisional) for the previous week due to higher prices of flowers (6%), gaur seed and linseed (5% each), raw rubber (4%), niger seed and raw silk (3% each), rape & mustard seed (2%) and sunflower (1 %).  However, the prices of gingelly seed and castor seed (3% each), fodder (2%) and coir fibre,      soyabean, copra and groundnut seed (1% each) declined.

      FUEL & POWER (Weight 14.91%)

      The index for this major group rose by 0.3 percent to 172.4 (Provisional) from 171.8 (Provisional) for the previous week due to higher prices of aviation turbine fuel and bitumen (4% each) and naphtha and light diesel oil (3% each).  However, the prices of petrol and furnace oil (1% each) declined.

      The annual rate of inflation, calculated on point to point basis, stood at 15.24 percent (Provisional) for the week ended 03/12/2011 (over 04/12/2010) as compared to 15.53 percent (Provisional) for the previous week (ended 26/11/2011). 

      Build up inflation over the week, financial year end and over the year is given in Annexure-I for some important items. Trend of rate of inflation during last six weeks is also given for some important items in Annexure II.

      Next date of press release: 22/12/2011 for the week ending 10/12/201

      Annexure-I

      Wholesale Price Index and Rates of Inflation [Base Year: 2004-05]

      Week Ending 3rd December, 2011 (Base: 2004-05)

      Commodities/Major Groups/Groups/Sub-Groups

      Weight

      WPI Dec 03, 2011

      Latest week over week

      Build up from end March

      Year on year

      52 week Average

       

      2010-11

      2011-12

      2010-11

      2011-12

      2010-11

      2011-12

      Primary Articles

      20.12

      198.1

      0.75

      -0.60

      12.73

      5.15

      15.21

      5.48

      13.17

      Food Articles

      14.34

      191.9

      1.16

      -0.98

      11.86

      7.15

      10.78

      4.35

      10.30

      Cereals

      3.37

      176.2

      -0.06

      0.11

      4.34

      2.74

      2.61

      1.85

      3.90

      Rice

      1.79

      175.1

      0.29

      0.00

      5.21

      4.98

      5.08

      2.04

      3.39

      Wheat

      1.12

      166.2

      -0.34

      -0.06

      1.64

      -2.58

      -2.96

      -4.43

      -1.47

      Pulses

      0.72

      210.9

      0.11

      -0.99

      -5.74

      11.35

      -11.70

      11.76

      -3.66

      Vegetables

      1.74

      175.7

      3.94

      -7.67

      54.43

      22.52

      4.11

      -12.28

      15.66

      Potato

      0.20

      123.9

      17.90

      -6.63

      82.24

      15.47

      -30.94

      -33.28

      -3.42

      Onion

      0.18

      206.6

      8.50

      -3.68

      144.13

      22.47

      41.78

      -46.03

      23.24

      Fruits

      2.11

      174.0

      0.95

      -0.29

      9.50

      -6.60

      16.81

      9.37

      20.12

      Milk

      3.24

      197.5

      -0.06

      0.00

      4.28

      13.51

      17.83

      11.08

      9.90

      Egg, Meat & Fish

      2.41

      213.5

      1.14

      0.42

      11.66

      8.16

      18.71

      9.26

      11.73

      Non-Food Articles

      4.26

      178.4

      -0.34

      0.39

      16.00

      -6.94

      24.96

      2.12

      19.03

      Fibres

      0.88

      204.2

      -1.00

      -0.24

      43.19

      -28.85

      45.39

      -6.11

      43.65

      Oil Seeds

      1.78

      155.5

      1.36

      -0.26

      4.19

      3.05

      3.51

      9.82

      10.63

      Minerals

      1.52

      311.1

      0.00

      0.00

      12.82

      16.69

      30.58

      19.06

      22.21

      Fuel & Power

      14.91

      172.4

      0.61

      0.35

      6.78

      9.18

      10.81

      15.24

      13.00

      Liquefied Petroleum Gas

      0.91

      147.3

      0.00

      0.00

      14.99

      14.27

      14.99

      14.27

      13.90

      Petrol

      1.09

      177.7

      0.00

      -1.22

      11.41

      12.04

      18.30

      23.83

      25.79

      High Speed Diesel Oil

      4.67

      167.8

      0.00

      0.00

      6.22

      9.24

      14.71

      9.24

      9.19

      Annexure-

      Trend of Rate of Inflation for some important items during last six weeks

      Commodities/Major Groups/Groups/Sub-Groups

      Weight (%)

      Rate of Inflation for the week ending

      03-Dec-11

      26-Nov-11

      19-Nov-11

      12-Nov-11

      05-Nov-11

      29-Oct-11

      Primary Articles

      20.12

      5.48

      6.92

      7.74

      9.08

      10.39

      11.43

      Food Articles

      14.34

      4.35

      6.60

      8.00

      9.01

      10.63

      11.81

      Cereals

      3.37

      1.85

      1.68

      1.97

      2.86

      3.53

      4.07

      Rice

      1.79

      2.04

      2.34

      2.52

      2.75

      4.03

      4.27

      Wheat

      1.12

      -4.43

      -4.70

      -4.71

      -3.09

      -3.63

      -1.77

      Pulses

      0.72

      11.76

      13.00

      13.80

      14.28

      14.44

      13.27

      Vegetables

      1.74

      -12.28

      -1.25

      5.13

      17.66

      27.26

      26.05

      Potato

      0.20

      -33.28

      -15.75

      -10.98

      -7.23

      1.61

      0.53

      Onion

      0.18

      -46.03

      -39.20

      -40.65

      -32.85

      -22.89

      -19.31

      Fruits

      2.11

      9.37

      10.72

      7.98

      4.59

      5.99

      11.70

      Milk

      3.24

      11.08

      11.02

      11.41

      10.46

      10.74

      11.79

      Egg, Meat & Fish

      2.41

      9.26

      10.04

      13.55

      11.98

      11.73

      12.74

      Non-Food Articles

      4.26

      2.12

      1.37

      2.14

      4.05

      5.33

      6.41

      Fibres

      0.88

      -6.11

      -6.83

      -1.23

      7.32

      8.45

      9.10

      Oil Seeds

      1.78

      9.82

      11.60

      11.27

      11.06

      10.86

      10.29

      Minerals

      1.52

      19.06

      19.06

      16.26

      18.51

      18.02

      18.02

      Fuel & Power

      14.91

      15.24

      15.53

      15.53

      15.49

      15.49

      14.50

      Liquefied Petroleum Gas

      0.92

      14.27

      14.27

      14.27

      14.27

      14.27

      14.27

      Petrol

      1.09

      23.83

      25.37

      25.37

      29.62

      30.43

      27.00

      High Speed Diesel Oil

      4.67

      9.24

      9.24

      9.24

      9.24

      9.24

      9.32

      DS/GK

      Topics

      ActsIncome Tax
      Next ➔