Economy - general
FDI inflows to India plunge 34 % to $22.7 bn in 2012
11 Mar 2013
According to some estimates, India needs almost $1 trillion in FDI in the next five years for its infrastructure including roads, ports, railways, power, etc, to drive the country’s targetted economic growth
High inflation is not ‘the new norm’, must be curbed: RBI
09 Mar 2013
In a sharp comment against some Indian policy-makers accepting high inflation as a consequence of economic growth, RBI governor D Subbarao today said the RBI rejects the notion that high inflation is the "new normal"
Chidambaram pitches again for RBI rate cut
08 Mar 2013
The move towards fiscal consolidation will impart confidence in the economy, support domestic and foreign investments and will boost supply side initiatives, he said
Govt seeks Parliament nod for Rs49,715-crore extra spending in FY’13
08 Mar 2013
The Rs49,715.54 crore supplementary demands presented today along with the Rs32,120 crore supplementary grants sought in December last year takes additional government spending in the current fiscal to Rs81,835.54 crore
India can bounce back to 8 % growth “in coming years”: Montek
07 Mar 2013
Deputy chairman of the Planning Commission and the country's leading economic strategist, Montek Singh Ahluwalia, stressed that the pace of poverty reduction in the country was within the target set by the government
PM promises action against farm loan waiver ‘cheats’
06 Mar 2013
Yet another CAG revelation sees government on the defensive in Parliament - this time the auditor's indictment of the government's 2008 agriculture loan-waiver scheme
India’s 10 richest could cover fiscal deficit: Forbes
06 Mar 2013
The total net worth of India's 55 billionaires could cover the country’s fiscal deficit twice over, according to Forbes magazine’s annual study of the world’s billionaires
Chidambaram promises more measures to spur growth
04 Mar 2013
The government proposes to undertake a number of administrative measures in tax revenue generation covering customs, excise and service tax, andinsurance and banking
Opposition rocks Parliament over petrol price hike
04 Mar 2013
The opposition was united in demanding a rollback of the recent price hikes in oil-based fuels, particularly the hike in petrol prices over the weekend
Manufacturing sector PMI higher than expected
01 Mar 2013
India's GDP growth slowed to 4.5 per cent in Q3-FY’13
28 Feb 2013
This is a far cry from the 6.1-6.7 per cent growth the Economic Survey 2012-13 has projected for the 2013-14 financial year