IATA raises airlines’ profit forecast for 2011

In its first look at 2012, IATA is projecting profits to fall to US$4.9bn on revenues of US$632bn for a net margin of just 0.8%. 

Export Promotion Scheme: DEPB

 

Delayed demise of DEPB scheme

A nice article that explains DEPB and duty drawback scheme for exporters.

An Interesting Read: The US sells chopsticks to China

Ajay Shah explains the theory of comparative advantage through an article on his blog, by referring to an interesting article in the Economist. An interesting read.

Production of Coal by Coal India

Coal India Limited (CIL)  has produced 431.32 million tonnes of coal in 2010-11 against the revised target of 440.20 million tonnes.