Economy - general
Chidambaram discounts effects of Fed tapering monetary stimulus
20 Dec 2013
India is better prepared to deal with any ill-effects of a reduction in the US Federal Reserve's monetary stimulus and the markets have already factored in the effects of any drop in inflows of investment funds, finance minister P Chidambaram said
UN sees India’s growth slowing to 4.8% in 2013
19 Dec 2013
United Nations has lowered India's economic growth forecast for 2013 to 4.8 per cent, from its earlier forecast of 5.1 per cent
Strike hits banking operations across the country
18 Dec 2013
The strike has affected 85,000 bank branches across the country, resulting in non-clearance of around 40 lakh cheques worth around Rs24,000 crore
RBI leaves policy rates unchanged on liquidity concerns
18 Dec 2013
While the tapering of quantitative easing by the US Fed may disrupt inflows of funds, RBI said it cannot soften its stand on inflation for obvious reasons
WPI hits 14-month high of 7.52% in November
16 Dec 2013
Consumer price inflation at a 9-month high of 11.24% in November
13 Dec 2013
A spurt in retail prices of fruits and vegetables pushed the consumer price index in the country to 11.24 per cent in November
India’s industrial production contracted 1.8% in October
12 Dec 2013
Manufacturing sector output, which accounts for about 76 per cent of industrial production, contracted 2 per cent from a year earlier
Crime, corruption drained Rs21,00,000 cr of India's wealth in 10 years: study
12 Dec 2013
India emerged as the third-largest "exporter" of illegal wealth with $84.93 billion stashed away in 2011, while the country remained the fifth-largest holder of black money overseas with $343 billion between 2002 and 2011
RBI sees 14.23% growth in bank credit
12 Dec 2013
RBI net buyer of dollar in October-November
11 Dec 2013
Chidambaram vows fiscal consolidation, inclusive growth
11 Dec 2013
The finance minister agreed with RBI governor Raghuram Rajan’s observation that an overheated economy, high inflation and wage growth and the widening deficits are in part the result of the 2008 economic stimulus
India’s imports dip 16% in November; trade gap narrows
11 Dec 2013
At $111.06 billion, oil imports constituted 36.55 per cent of the country’s overall imports during the April-November period of the current fiscal
ADB maintains India's growth outlook at 4.7%
11 Dec 2013
Raghuram Rajan blames stimulus for current economic woes
09 Dec 2013
`The stimulus provided by the government to ward off the ill effects of the global financial crisis of 2008 has eventually led to an overheated economy, high inflation and uncomfortable fiscal and current account deficits’
Core sector output declines 0.6% in October
03 Dec 2013
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