If news is to be believed, Prime Minister Narendra Modi will reportedly visit Andhra Pradesh and that may happen in the second week of July. He will be laying the foundation stone for the development of a highly modern dredging harbour on the coast of the Bay of Bengal.

This is coming up at Antarvedi village in East Godavari district. This would be the first such visit by the Prime Minister to Andhra Pradesh after dumping the Special Status promise. The center will also establish a dredging manufacturing unit here. This visit is gaining a lot of prominence.

The state government has so far identified about 175 acres along the coast for this project which is estimated to attract investments of Rs 2000 crore. The Dredging Corporation of India will be signing an MOU with Andhra Pradesh government regarding this.

Once this MOU is signed, the land is all set to be handed over to DCI. If the plan is properly executed rapidly by the center, it will be a big boost to develop infrastructure in the area, creating job potential for the youth of both Godavari districts. We have to see how Modi is going to take things forward from here.

USA: Godavari, the fastest growing South Indian restaurant chain in the world has associated with Coolphabets to bring the Mother Tongue close to all the Indians from this Mother’s day. Godavari in collaboration with Coolphabets a start up with a unique concept of teaching our arterial languages to our next generations using different variety of merchandise like T-shirts, Mugs and many more is promoting the native languages along with Native food.

All the locations will start using the placemats with the alphabets in Telugu and many other Indian languages so that it would be a unique concept of teaching our language to the kids during their visit to Godavari locations. This Mother’s Day as we salute the unparalleled love from mothers all around the world towards kids due to which we all made this far, we want take a moment and invite you all to enjoy the lavish lunch buffet at all Godavari Locations Across USA on this Mother’s Day Weekend.

Get Ready to Surprise your Mom with a Unique Lunch Buffet at all our Locations Across USA that would be serving the best of the South Indian cuisine with an entirely unique Mom’s recipes like “Kamju Pitta fry”, “Amma chetah Almond Chicken”, “Venna Idly”, “Avakai Naatu Kodi Biryani” and many more.

The science of good food and the science of passive learning served just right from Godavari and Coolphabets.com. Go. Explore and find out what dish will take you close to your moms love. With Love to All & Respect to Moms!!!

Happy Mother’s Day!!!!

Mumbai: A weak US dollar, coupled with foreign capital inflows and passage of key economic legislation, are expected to guide the Indian rupee’s movement during the upcoming week.”The persistent weakness in dollar is expected to support the rupee’s trajectory, going forward,” Bansi Madhavani, analyst, India Ratings and Research, told IANS.”Critical data to watch this week would be the domestic CPI (consumer price inflation) inflation and IIP (index of industrial production) numbers along-with global data-points like China’s inflation for April.

“According to Madhavani, the Indian rupee is likely to stay on a consolidation mode over the coming week. “Investors will remain sensitive to shifts in global risk preferences, keeping the flows to Indian markets defensive,” Madhavani informed.”The rupee, consequently, may extend its consolidation over the coming week.”Besides, the global macro data on US retail sales and consumer sentiment, along with inflation figure from China and Eurozone GDP (gross domestic product) numbers will influence the currency markets.

“Next, the rupee could react to a whole host of economic data to be released from India and abroad. From India, the CPI and industrial production data will be keenly watched,” said Anindya Banerjee, associate vice president for currency derivatives with Kotak Securities said.”From US, they will keep a close eye on the retail sales, JOLTS jobs data and consumer sentiment. Alongwith that market will also pay attention to the Chinese inflation and European GDP data.” On a weekly basis, the Indian rupee weakened by 21 paise to 66.54 (May 6) against a US dollar from its previous close of 66.33 (April 29).

Market observers attributed the Indian rupee’s fall on the increased outflows of foreign funds from the equity markets.For the week under review, data with the stock exchanges revealed that FPIs (Foreign Portfolio Investors) sold stocks worth Rs.747.60 crore during the week under review.Figures from the National Securities Depository Limited (NSDL) showed that the FPIs divested Rs.773.62 crore or $116.58 million in the equity markets from May 2-6.