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1. An Indian-origin doctor Dr. Onkar Singh Sahota of the Labour party scored a major upset after narrowly winning the Ealing and Hillingdon seat beating the former Conservative Deputy Mayor of London Mr Richard Barnes, in the Assembly elections. 2. Philip Abraham, an Indian journalist from Kerala , has been elected as a councillor in the UK, becoming the first person of Asian origin to be elected to the Loughton town council. 

Highlights of Economic Survey of India 2012-13; •Economy expected to grow at 8.6% in 2010-11 and 9 per cent in next fiscal. •9.7% growth of GDP at market prices. •Inflation expected to be 1.5 per cent higher than what it would be if we were not on growth turnpike. •Forex Reserves estimated at US$ 297.3 bn. •Trade gap narrowed to US $ 82.01 bn in April-December 2010. •Agriculture likely to…

Union Finance Minister Pranab Mukharjee presented the union budget 2012-13 in the parliament on 16 March 2012. The minister in his budget speech, projected the economic growth for 2012-13 to be 7.6%.  The total tax receipts for fiscal year 2012-13 is estimated to be 1077612 crore rupees, the total budget expenditure is projected to be 1490925 crore rupees. Budgetary allocations for various sectors including education, health, agriculture, defense, has received…