economy > economy - general Reports for : 2006 | 2005 | 2004 | 2003 - 1999 Economy - general Pakistan in urgent need of IMF aid 08 September 2008 Government to issue Rs8,000 crore bonds on September 12 06 September 2008 Singur talks inconclusive; Left Front convenes emergency meeting 06 September 2008 Home foreclosures at record high in the US 06 September 2008 Inflation rate eases further to 12.34 per cent 05 September 2008 Unctad sets India's GDP growth at 7.6 per cent; global growth to average 3 per cent in 2008 05 September 2008 Freight corridor route realigned to skip congested areas 05 September 2008 India’s external debt jumps over 30 per cent to $221 billion in 2007-08 04 September 2008 Oil prices drop below $110 as Huricane Gustav passes 02 September 2008 India's April-July trade deficit zooms to $41.23 billion 01 September 2008 Are government salaries really low? 01 September 2008 Government may further raise export duty on iron ore: Paswan 01 September 2008 Deora rules out reduction in fuel prices 01 September 2008 Small industries crucial to employment generation: prime minister 01 September 2008 New Companies Bill to be introduced in Parliament in October 30 August 2008 Obama raises the 'outsourcing' bogey again 29 August 2008 Inflation rate drops marginally to 12.40 per cent 28 August 2008 Major French banks reveal sub-prime mortgage cuts 28 August 2008 Centre rushes aid as floods ravage Bihar 28 August 2008 WBIDC calls off meeting with Tata Motors: CNBC TV 18 28 August 2008 India to provide 25 per cent of world's skilled workers by 2020: PM 26 August 2008 Labour ministry denies sending notice to Huawei Telecom 26 August 2008 Consumer durables sector shows signs of turn around, says CII poll 26 August 2008 States line up for Tata Nano project as Mamata plans siege at Singur 23 August 2008 SET Singapore not liable to pay tax in India, rules Bombay high court 23 August 2008 Open market sale of foodgrains to start next week: Pawar 22 August 2008 Inflation rate climbs to 12.63 per cent as food prices rise 21 August 2008 Government plans open market sale of wheat, rice to tame inflation 21 August 2008 Liberal norms for foreign banks, equity investors on anvil 20 August 2008 Rs22,000-crore fertiliser subsidy to be released says Paswan 20 August 2008 Nationwide strike disrupts functioning of banking, aviation and telecom sectors 20 August 2008 Committee submits split verdict on packaged goods pricing information 20 August 2008 Oil company losses to mount to Rs180,000 crore in 2008-09 19 August 2008 2009-10 to be a better year for India: C Rangarajan 19 August 2008 CMIE projects 9.4 per cent GDP growth in 2008-09 18 August 2008 Corporate India doubles capex to $245 billion 18 August 2008 Central government salaries to go up by 21 per cent 16 August 2008 10 per cent economic growth, assured energy supplies needed to lift poor: PM 16 August 2008 PF managers allowed to invest 15 per cent in stocks 14 August 2008 Inflation rate zooms to 12.44 per cent 14 August 2008 Chidambaram allays inflation fears as government accepts amended pay panel report 14 August 2008 Economic growth slowing to 7.7 per cent: Rangarajan 13 August 2008 Skills development crucial to economic growth: Sam Pitroda 12 August 2008 Crude oil hits to 3-month low near $113 a barrel 12 August 2008 June industrial production growth moves up to 5.4 per cent from 4.1 per cent in May 12 August 2008 Government unlikely to accept panel suggestion for monthly hike in fuel prices 12 August 2008 China importing inflation as trade dependence tops 60 per cent 09 August 2008 India, ASEAN agree to create EU-like free-trade zone 08 August 2008 Government keeps SEZ policy unchanged 08 August 2008 Paul Conway leads USIBC delegation to India 08 August 2008 Week-on-week inflation stable says finance ministry 08 August 2008 India best country after China for business investment - survey 08 August 2008 Bernanke prefers caution over optimism 08 August 2008 IMF downgrades UK’s growth rate, says inflation pressures to continue 07 August 2008 Inflation rate moves above 12 per cent 07 August 2008 Oil prices retreat 20 per cent below record highs on increased supply, decreased demand 06 August 2008 Rangarajan sees GDP growth moderating to 7.5-8 per cent 06 August 2008 Direct tax collections up 47 per cent in April-July 06 August 2008 US to fast-track N-deal ratification by Congress 05 August 2008 Minister wants labour laws to be "relief-oriented" 05 August 2008 US sales slump forces Toyota to lay off workers in Japan 05 August 2008 Moody's keeps India ratings stable, but warns of risks ahead 05 August 2008 Government to extend curbs on foodgrain exports, farm futures 04 August 2008 Government to give Rs1,500 crore to LIC, extend social security cover 01 August 2008 India second best investment destination for US business: survey 01 August 2008 India's April-June trade deficit rises to over $30 billion as oil bill vaults 53 per cent 01 August 2008 Economic reforms after political tempers cool down 01 August 2008 Inflation rate moves up again; nears 12 per cent 01 August 2008 Sri City multi-product SEZ to attract Rs17,500 crore investment 31 July 2008 Thirteenth Finance Commission to review pay panel recommendations 31 July 2008 Kamal Nath rues failure of trade talks; says ready to resume negotiations 31 July 2008 Opposition flays inclusion of Reliance Capital to manage EPF funds 31 July 2008 Consumer Protection Act to be made more consumer-friendly: Sharad Pawar 31 July 2008 Asia avoids economic downturn; risks loom: S&P 30 July 2008 Free trade hopes fade as WTO talks collapse 30 July 2008 Don’t blame the RBI 30 July 2008 Four-in-10 CEOs say weak dollar negatively impacted business; expect weakness to last two years 30 July 2008 US budget deficit to hit an all-time high at $482 billion in 2008 29 July 2008 Reliance capital, SBI, HSBC and ICICI to manage employees provident fund 29 July 2008 Farm trade row freezes prospects of global trade deal 29 July 2008 Create life-style equality as antidote to income inequality: C K Prahalad 29 July 2008 RBI hikes repo rate by 50 bps, CRR by 25 bps 29 July 2008 Oil prices, strong consumer demand stoke inflation: RBI 28 July 2008 Oman stops issuing new visas to skilled workers 28 July 2008 Bush, Singh broker truce at Geneva trade talks: report 28 July 2008 Developing countries split over new WTO negotiating draft 28 July 2008 Ficci unveils 100-day agenda for government 28 July 2008 Ten dead, over 35 injured as 13 blasts rock Ahmedabad 26 July 2008 WTO ministerial meeting extended till next week 26 July 2008 Government to start PDS sale of edible oils to tame food prices even as rains revive 26 July 2008 No compromise on strategic nuclear programme: Kakodkar 25 July 2008 Government to push financial sector reforms, PSU stock sale with SP in tow 25 July 2008 Serial blasts rock Bangalore; 1 killed, over 15 injured 25 July 2008 Income tax payments can be made through any bank account: CBDT 24 July 2008 Inflation rate eases to 11.89 per cent 24 July 2008 Will trust-vote rally last? 24 July 2008 India: Limited room for reforms 24 July 2008 India way below Kenya, Morocco in financial inclusion: ICRIER 23 July 2008 India to launch diplomatic campaign with NSG 23 July 2008 Another dawn 23 July 2008 Post Offices open 110 lakh NREGS accounts with biometric smart cards 23 July 2008 Business to benefit from the nuclear deal as UPA wins trust vote 22 July 2008 WTO: Developing nations refuse to yield ground 22 July 2008 EU offers to slash farm subsidies by 60 per cent; India seeks consensus 21 July 2008 Rajasthan woos Japanese investors 21 July 2008 India briefs IAEA on nuclear safeguards; scientists advise caution 19 July 2008 Solar lanterns to replace kerosene lamps on large scale 19 July 2008 Inflation slows; rises marginally to 11.91 per cent 18 July 2008 From bad to worse 18 July 2008 Eight new IITs to start functioning this year: Chidambaram 17 July 2008 India can share 10 per cent of world trade by 2022: Kamath 17 July 2008 Government may ban export of iron ore, flat steel products 17 July 2008 India's overseas investments up 53.2 per cent at over $23 billion in FY08 17 July 2008 India to cut some tariffs if West lowers subsidies, opens markets 17 July 2008 RBI may further squeeze liquidity to tame inflation 16 July 2008 Government, steel companies to discuss prices 16 July 2008 India, Pakistan and Iran to meet in Tehran over gas pipeline project 16 July 2008 Panel to look into fuel VAT deviations by states 15 July 2008 Fitch downgrades India’s currency outlook to negative 15 July 2008 India ranks 41 in UNDO industrial competitiveness report 14 July 2008 Government asks PSU oil companies to hold retail expansion 14 July 2008 CII wants removal of hurdles to growth, fast-track fiscal reforms 14 July 2008 UAE's oil reserves to last 92 years: IEA 12 July 2008 India's forex reserves fall further by $4 billion 12 July 2008 Congress calls meeting of sparring Ambani brothers: report 12 July 2008 NREGA adopts web-enabled software for monitoring operations 12 July 2008 UK changes visa policy, allows Indian professionals to return 11 July 2008 Inflation to continue at high levels through 2008, says Chidambaram's advisor 11 July 2008 Industrial production growth plunges to 3.8 per cent in May 11 July 2008 Worsening inflation, fiscal, current account deficits may downgrade India's rating to 'speculative': S&P 11 July 2008 Goldman Sachs predicts Indian incomes to become world-class by 2030 10 July 2008 PM returns with G8 endorsement; summoned by President Patil 09 July 2008 Core sector growth slackens to 3.5 per cent in May 09 July 2008 Economy would bounce back: Chidambaram 09 July 2008 Fed to keep investment banks under its wings for another year 09 July 2008 PM lauds Indo-US partnership as “strategic”; IAEA board meet likely on 28 July 09 July 2008 Oil comes slightly higher after deceptive falls 09 July 2008 Inflation may touch 14-14.5 per cent in December: Assocham 09 July 2008 G8 agrees on halving emissions by 2050; G5 asks for more 08 July 2008 Referral fees paid to foreign firms not liable to be taxed in India 08 July 2008 Foreign capital flows into India nearly tripled in FY08: NCAER 08 July 2008 UPA: Getting the monkey off its back 08 July 2008 Left Front withdraws support - SP steps in to fill the gap 08 July 2008 G8 meet begins: Africa, global climate and emissions 07 July 2008 Retail prices of food commodities show mixed trend 07 July 2008 Oil surge – the real and possible solutions 07 July 2008 Candle light protests against caste reservations by IITians 07 July 2008 India's forex reserves down $691 million at $312.48 billion 05 July 2008 Provident Fund Act to cover industries with 10 or more employees 05 July 2008 Kakodkar backs Indo-US nuclear deal 05 July 2008 Direct tax collections up 39 per cent in January-March 2008-09 05 July 2008 IMF projects $242 million shortfall in fiscal 2009 04 July 2008 Inflation rate accelerates to a new 13-year high at 11.63 per cent 04 July 2008 Transport strike called off as government agrees to demands 04 July 2008 Government bans maize export to check price rise 03 July 2008 Indo-US trade to touch $100 billion by 2011-12 03 July 2008 Fuel prices may go up in October as oil bill expected to top $110 billion in 2008-09 03 July 2008 Government relaxes location norms for industries 03 July 2008 Oil soars past $145 a barrel as dollar dips to a 2-month low against euro 03 July 2008 India to see high prices, slow growth this year: NCAER 02 July 2008 Steel companies to hold prices in July 02 July 2008 Tax holiday for oil and gas exploration to continue: CBDT 02 July 2008 IMF moots tightening India's monetary policy 02 July 2008 Food prices pose challenges for sovereign credit quality: S&P report 02 July 2008 Truckers on indefinite strike 02 July 2008 Vision document for NE region focuses on better connectivity, infrastructure 02 July 2008 India's trade deficit zooms to $90 billion; external debt tops $221 billion 01 July 2008 Inflation based on consumer price index dips maginally to 7.75 per cent 01 July 2008 Normal rainfall in July says meteorological department 01 July 2008 IMF chief, Strauss-Kahn, to pressure China on revaluing currency 28 June 2008 Inflation rate seen in 5-6 per cent range in one year 28 June 2008 BRIC companies boost global presence – 13 Indian companies on the FT500 28 June 2008 Undersea quake rocks Andaman and Nicobar Islands, parts of Chennai 27 June 2008 New Zealand economy decelerates in January-March 2008 27 June 2008 GDP growth seen hit as inflation climbs to 11.42 per cent 27 June 2008 Bernanke bides time 26 June 2008 UPA, Left fail to break N-deadlock; agrees to meet again 25 June 2008 India, Myanmar sign 4 economic co-operation pacts 25 June 2008 Dollar millionaire club tops 10 million 25 June 2008 Greenspan indicates recession, says market crisis could last well into 2009 25 June 2008 Oil bill widens India's trade deficit to over $80 billion in FY08 24 June 2008 NCDC disburses record Rs3,652 crore to cooperative sector 23 June 2008 China, Japan to jointly explore gas fields in East China Sea 23 June 2008 Government may sell wheat in open market; ease export curbs 23 June 2008 India proposes new control mechanism amidst disagreement on price rise at Saudi oil summit 23 June 2008 RBI weighing further steps to tame inflation: Reddy 23 June 2008 India, Australia to consider uranium supply after international clearances 23 June 2008 Government to allocate captive blocks for coal-to-petrol projects 21 June 2008 India's forex reserves down $4.7 billion at $310.7 billion 21 June 2008 Rising edible oil prices prompt a shift to oilseed cultivation 21 June 2008 Double-digit shock 21 June 2008 Saudi Arabia to hike oil output by 200,000 barrels a day 20 June 2008 Inflation hits a 13-year high at 11.05 per cent; FM blames it on fuel price hike 20 June 2008 US, China to clear investment path; ink energy pact 19 June 2008 UPA may split with Left over nuclear deal 19 June 2008 Government to implement Bharat-III norms for vehicles by April 2010 17 June 2008 Iran withdraws $75 billion from Europe amidst sanctions threat: report 17 June 2008 China, US sign $13.6 billion trade deals; eye investment pact 17 June 2008 Saudi investing $80 billion to raise oil output by 20 per cent 17 June 2008 States seek Rs4,000 crore from centre to compensate fuel tax losses 16 June 2008 Economic slowdown may prompt a change in strategy among global food producers: S&P 16 June 2008 India Canada sign 10 joint science and technology initiatives valued at more than $17 million 16 June 2008 Oil prices slip on strong hints that Saudi Arabia may increase output 16 June 2008 Southeast Asian currencies depreciate against a sliding dollar 14 June 2008 Government lifts export duty on flat steel, revises duty on flat steel, iron ore 14 June 2008 Inflation rate rises to 8.75 per cent 13 June 2008 Government slashes fertiliser prices under new policy 12 June 2008 Industrial growth dips to 7 per cent in April 2008 12 June 2008 Despite economic uncertainty investment for growth continues: AmEx - CFO survey 11 June 2008 Bernanke signals end of rate cuts, talks tough on inflation causing dollar surge 10 June 2008 IT exports in 2008-09 may fall 3.4 per cent on US slowdown: Nasscom 10 June 2008 US economy in an extended slowdown: survey 10 June 2008 Despite mixed sentiments, Indian employers reveal strongest hiring expectation for Q308 10 June 2008 NREGA brings new growth prospects for rural banks 10 June 2008 WTO dumps US liquor case against India 09 June 2008 Rupee, other Asian currencies fall as oil soars 09 June 2008 Police arrest 7 officials in connection with IPCL blast at plant 07 June 2008 India, China under pressure to cut energy consumption 07 June 2008 Centre to cut fuel prices by up to Re1 if states forego tax gains 06 June 2008 Fuel price hike to push road freight rates by 5 per cent 06 June 2008 RBI governor vows action as inflation jumps to 8.24 per cent 06 June 2008 New meteorological service to benefit farmers 06 June 2008 California governor Schwarzenegger declares drought, urges water conservation 06 June 2008 Explosion forces closure of Panna-Mukta oil field; one die 05 June 2008 Four states announce fuel tax cuts 05 June 2008 Railways to absorb impact of diesel price hike; raises discounts for empty-flow direction freight movement 05 June 2008 Oil bounces back to a new record over $135 on news of Kuwait blast 05 June 2008 Fuel prices: off-Budget liabilities to go up by 1.80 per cent, says CRISIL 05 June 2008 Petrol prices go up by Rs5, diesel up Rs3; LPG to cost Rs50 more per cylinder 04 June 2008 Decision on fuel price hike likely tomorrow: Pranab Mukherjee 03 June 2008 Beijing Olympics not to be drain on government finances: S&P 03 June 2008 India's trade deficit widens to $9.87 billion in April 02 June 2008 Vietnam overtakes India as most attractive investment destinantion: A T Kearney survey 02 June 2008 Brazil is most attractive emerging market for apparel retailers looking to invest abroad 02 June 2008 Prime minister seeks consensus on oil price as RSP quits UPA-Left council 02 June 2008 India growth story strong despite inflation: Luis Miranda 02 June 2008 South-west monsoon hits Kerala coast 31 May 2008 Government cuts central sales tax rate to 2 per cent from 1 June 31 May 2008 Government defers decision on fuel price hike again 31 May 2008 Panel proposes productivity-linked pay hike for CPSE officials 31 May 2008 Government withdraws statement on CST cut to 2 per cent 30 May 2008 High food prices to continue for the next decade: OECD-FAO report 30 May 2008 Farm gains prop up GDP growth to 9 per cent in FY08 30 May 2008 Inflation rate zooms to 8.1 per cent 30 May 2008 Monsoon delayed by 3-4 days, says Met 30 May 2008 Oil companies: Killing them softly 30 May 2008 Now oil price hike sends Europe on boil; British PM calls for global action 29 May 2008 US-Euro trade war looming as WTO receives complaint on IT accord violation 29 May 2008 Declining production forces Indonesia to quit OPEC 28 May 2008 Government tightens EPCG norms for import of cars/SUVs 28 May 2008 Italy plans to raise $2 billion in 3-year global bonds 27 May 2008 Small stores survive the large retailers 27 May 2008 CRISIL cautions against use of price controls to curb inflation 27 May 2008 CII's business survey expects GDP growth at above 8 per cent, investments to to rise in H1 2008-09 26 May 2008 Petrol may touch Rs70 a litre as government weighs price decontrol 26 May 2008 Income tax appellate tribunal allows tax benefits on first-year exhibition costs 26 May 2008 US, Japan call for global fund for clean technology research 24 May 2008 Steel demand to stay high despite global slowdown: OECD 24 May 2008 UN body asks countries to reconsider biofuel use of food 24 May 2008 Government procures record amount of wheat, may help ease inflation 24 May 2008 Where the Congress went wrong 24 May 2008 Inflation rate little changed at 7.82 per cent 23 May 2008 Goldman Sachs expects India's growth to moderate not slow down sharply 23 May 2008 Government raises debt relief package to Rs71,680 crore, to cover more farmers 23 May 2008 Vietnam facing labour shortage in construction, finance, healthcare, and shipbuilding 23 May 2008 US Fed forecasts declining growth and increasing inflation 23 May 2008 US wants India, China to join IEA 22 May 2008 Government weighs fuel price hike as oil tops $135 a barrel 22 May 2008 Oil rises over $135 a barrel 22 May 2008 Crude oil hits record above $132 a barrel as US house votes to sue OPEC 21 May 2008 KPMG survey predicts robust service sector growth 21 May 2008 ONGC's subsidy bill to top Rs22,000 crore in 2007-08 21 May 2008 Crude oil hits record $130 a barrel as US house votes to sue OPEC 21 May 2008 Lifestyle diseases killing more than communicable illness: WHO 20 May 2008 All India consumer price index for agricultural and rural labourers 20 May 2008 At nearly $128 a barrel, US pump prices breach $4 a gallon; UK drivers pull off road 20 May 2008 Textile industry to attract Rs1,50,000 crore investment, create over 12 million jobs by 2010 19 May 2008 India signs $42 million 5-year programme with UNIDO to boost industrial competitiveness 19 May 2008 Curbing biofuel cultivation can reduce food prices by 20 per cent: International Food Policy Research Institute 19 May 2008 Oil closes above $126 on Goldman Sachs price view of $141; Indian oil marketing companies suggest rationing 17 May 2008 The US is in a recession; or is it? 17 May 2008 BRIC formalises ties; India to host next meeting in 2009 17 May 2008 OPEC unlikely to increase output: Iran 17 May 2008 Manipal Group allowed Rs1,435 crore FDI as Chidambaram clears 18 proposals 16 May 2008 Inflation rate hits a 44-month high at 7.83 per cent 16 May 2008 Tamil Nadu launches portal for e-processing of land records 15 May 2008 India falls two places to 29th in world competitiveness ranking 15 May 2008 Speculation, weakening dollar pushing up oil prices: saudi ol minister 15 May 2008 Lanco consortium wins Rs8,000 crore Vizhinjam port project 14 May 2008 Government may scrap steel duty; seeks export data 14 May 2008 WTO chief still hopeful of conclusion of Doha Round in 2008 14 May 2008 Crude oil little changed near $126 as fears of Iran output cut remain 14 May 2008 Finance ministry refuses to issue Rs44,000 crore oil bonds 13 May 2008 India to be the 8th largest wealth centre by 2017, says Barclays report 13 May 2008 Tata Chemicals, Total Produce launch agriproduce JV in Punjab 12 May 2008 Isn't India contributing to the global food-price rise? 12 May 2008 Oil climbs down a few paces from $126 12 May 2008 India's industrial output growth slows to a six-year low of 3 per cent 12 May 2008 India's industrial o