Economy - general

Chidambaram promises fresh action in October to boost economic growth

17 Sep 2012

The government proposes additional measures aimed at fiscal consolidation and economic growth in October, finance minister P Chidambaram disclosed today

Reform steps fail to impress ratings agencies

17 Sep 2012

Moody’s and S&P say the  reform measures announced by the government are too small and carry a strong risk of being rolled back under opposition pressure or not be fully implemented

Reform steps fail to impress ratings agencies

17 Sep 2012

Moody’s and S&P say the  reform measures announced by the government are too small and carry a strong risk of being rolled back under opposition pressure or not be fully implemented

RBI cuts CRR by 0.25%; lending rates unchanged

17 Sep 2012

The Reserve Bank of India today left interest rates unchanged but cut the cash reserve ratio by 25 basis points (0.25 per cent), saying the primary focus of its policy remains containing inflation

Government opens up retail, aviation, broadcasting to FDI

15 Sep 2012

The Cabinet Committee on Economic Affairs, headed by Prime Minister Manmohan Singh, decided to ease sourcing norms for single brand retail trading where foreign investment of up to 100 per cent is allowed

PM defends big-bang reform; warns of economic slowdown

15 Sep 2012

Prime Minister Manmohan Singh today defended his government’s big bang reforms, saying that without these measures the Indian economy could slow to 5 per cent growth in the immediate future

Government allows 51 per cent FDI in multi-brand retail

14 Sep 2012

Implementation of the policy, however, is subject to state laws and is not a mandatory requirement for all states

Government lines up 4 PSUs for divestment

14 Sep 2012

Government expects to raise around Rs15,000 crore through divestment in four PSUs, viz, MMTC, Oil India Ltd, National Aluminium Company Ltd and Hindustan Copper Ltd

Wholesale price inflation edges up to 7.55 per cent in August

14 Sep 2012

India’s exports fall nearly 10 per cent to $22.3 billion in August

13 Sep 2012

PSUs ready to invest; seek government backing

12 Sep 2012

State-run core sector companies are reportedly sitting on a combined cash pile of Rs1,80,000 crore

Industrial production growth slogs at 0.1 per cent in July

12 Sep 2012

Industrial production in the country grew at a slow pace of 0.1 per cent in July 2012 on the back of a 0.2 per cent contraction in manufacturing output

Chidambaram to seek faster PSU investments

12 Sep 2012

Finance minister P Chidambaram will today meet the heads of nine blue chip public sector undertakings, which are sitting on a cash pile of Rs1.8 lakh crore, to speed up their investment plans

India’s external debt hits 20 per cent of GDP at $346 billion

10 Sep 2012

MNREGA work completion rate poor in Karnataka

07 Sep 2012

Five Indian companies make the cut to Forbes innovative list

07 Sep 2012

Five Indian companies — L&T, Hindustan Unilever and Infosys, TCS and Sun Pharma — rank among Forbes magazine's list of "The World's Most Innovative Companies" topped by four US companies.

India’s 12th Plan GDP growth target pegged at 8.2 per cent

06 Sep 2012

India's private sector services at six-month high in August, revelas HSBC's PMI

05 Sep 2012

Finance ministry to rejig investment norms for insurers to tap infra funds

04 Sep 2012

Finance minister to increase effective tax rate for some sectors

04 Sep 2012

Government rejects BJP demand to cancel allocation of 142 coal blocks

03 Sep 2012

A Parliament panel report, meanwhile, pointed to the paradox of private parties failing to develop coal blocks allotted to them, whereas state-run CIL is looking overseas to acquire coal assets

India’s exports nosedived nearly 15 per cent to $22.4 billion in July

03 Sep 2012

GAAR panel’s scope expanded to include NRI taxpayers

01 Sep 2012

Government establishes APA regime for transfer pricing

01 Sep 2012

Quick decisions needed to accelerate investments: Chidambaram

31 Aug 2012