Economy - general

SC tells Election Commission to end freebies promised during polls

05 Jul 2013

The SC today asked the Election Commission to frame rules to regulate contents of manifestos that promise "freebies", which amount to bribing the voters, besides being a huge drain on the exchequer

Govt promulgates food security ordinance

05 Jul 2013

The food security programme promises cheap foodgrain to two-thirds of India's 1.2 billion people

Subbarao joins Chidambaram to demand reduction in lending rates

05 Jul 2013

Rupee closes at 60.21 against dollar

03 Jul 2013

The Indian currency closed at 60.2150 against the US dollar today, marking three consecutive days of losses

India’s services growth hit a two-year low in June: survey

03 Jul 2013

India's service sector grew at its slowest pace in three years in June as new business slowed to a trickle, an HSBC-Markit survey released today showed

Services provided to SEZs exempted from service tax

02 Jul 2013

Uttarakhand to ban construction along river banks

01 Jul 2013

Flood-ravaged Uttarakhand has decided to impose a blanket ban on construction of houses and commercial establishments along river banks across the state

Core sector grows at a slow 2.3% in May as well

01 Jul 2013

Flood disaster: over 3,000 still stranded as rain hampers rescue ops

01 Jul 2013

It is now feared that the actual number of the dead will never be known, though the casualty figure being recently bandied about is 10,000.

Flood toll will cross 10,000, says Uttarakhand speaker

29 Jun 2013

Govind Singh Kunjwal, speaker of the Uttarakhand assembly, today virtually confirmed widespread fears that the death toll could number in the tens of thousands – many multiples of the official toll of 1,000 or so reported so far

India's forex reserves down $2.82 bn at $287.85 bn

29 Jun 2013

Consumer price inflation for industrial workers up at 10.68% in May

29 Jun 2013

Petrol price hiked by Rs1.82 amid plummeting rupee

29 Jun 2013

For the third time this month state-run oil marketing companies have increased the price of petrol, this time by Rs 1.82 a litre, as the headlong plunge of the rupee against the dollar has made imports costlier

PM targets projects worth Rs115,000 core for PPP investment

28 Jun 2013

The investements will be spread across infrastructure sectors including aviation, railways, port and power, over the next six months in a bid to ramp up investor sentiment

RBI sets up committee to review process of financial benchmarking

28 Jun 2013

Government hikes support prices of kharif crops for 2013-14 season

28 Jun 2013

Government to pay Rs719 crore to CCI for cotton procurement losses

28 Jun 2013

Sharma promises retail giants more clarity in FDI rules

28 Jun 2013

Chidambaram defends gas price hike decision

28 Jun 2013

Finance minister P Chidambaram today said doubling the unit price of natural gas produced in the country to $8.5 per mmBtu it was necessary to avert a sharp decline in gas production in the country

Net claims of non-residents on India up $27 billion at $307 billion in May

27 Jun 2013

Excess global liquidity poses risks to India's financial stability: RBI report

27 Jun 2013

India's external debt up nearly 13% at $390 bn in FY13

27 Jun 2013

There has been a sizeable increase in external commercial borrowings (ECBs) and rupee denominated non-resident Indian deposits, RBI data says

Markets overreacting to CAD figures, says Chidambaram

27 Jun 2013

India’s trade deficit narrows in Q4; but still at record highs

27 Jun 2013

The moderation in CAD was due to non-oil and non-gold imports falling due to slowing economic growth

Rupee recovers a bit as CAD position improves

27 Jun 2013