Economy - general
LPG distributors threaten stir against subsidy cap
24 Sep 2012
The National Federation of LPG Distributors of India has announced a nationwide strike on 1 October to oppose the cap on subsidised cooking gas cylinders that a household can obtain in a year
S&P cuts India’s growth forecast to 5.5 %
24 Sep 2012
Rating agency Standard & Poor's today lowered India's GDP growth forecast to 5.5 per cent from the earlier 6.5 per cent despite a slew of policy measures announced by the government last week
Nations need to adapt to new ways of doing business, says PM
22 Sep 2012
Countries need to learn from each other in terms of institutions and methods so as to address the formidable social and economic concerns of their respective societies and people, the prime minister said
Markets vault as Chidambaram steps in to ease liquidity woes
21 Sep 2012
While the BSE Sensex rose by more than 400 points, the rupee also rose to its highest level in over four months today after the government announced new steps over and above the diesel price hike and measures to boost foreign investment flows
US embassy shut due to protest fears
21 Sep 2012
FM moves to rejuvenate economy: Scope of Rajiv Gandhi Equity Scheme widened
21 Sep 2012
The scheme offers tax sops to first-time retail investors whose annual income is below Rs10 lakh
Rs140 duty relief on LPG cylinders above the cap limit
21 Sep 2012
The government has decided to forgo customs and excise duties on LPG for cylinders that consumers buy above the 6-cylinder-a-year cap
Despite diesel price hike oil firms to lose Rs1,78,491 crore
21 Sep 2012
The three state-owned oil marketing companies are expected to incur staggering Rs1,78,491 crore loss of revenue by the end of the fiscal year by selling diesel and cooking gas below cost
Panel sees no airline cartels, may probe further
21 Sep 2012
Fair trade panel finds cartel in tyre sector
21 Sep 2012
The Competition Commission has found evidence of cartelisation in the country's tyre manufacturing industry and is expected to issue a preventivve order soon.
Bandh call against ‘reform’ measures evokes fair response
20 Sep 2012
With as many as eight opposition parties calling for a nationwide ‘bandh’ today against the government’s ‘reformist’ decisions, and even United Progressive Alliance constituent Trinamool Congress firmly against the new measures, the strike was successful in large parts of the country
Bharat bandh partial, but normal life hit in many states
20 Sep 2012
In Mumbai and most of Maharashtra, however, the ongoning Ganesh festival and the Shiv Sena’s support to retail FDI marred the prospects of a wider bandh