Economy - general
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
Cap on subsidised LPG may be rolled back
17 Sep 2012
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
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
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
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