Economy - general
India's lower income level, weaker fiscal position weigh on its sovereign credit metrics
23 Feb 2015
![Speed up divestment in state behemoths: Deepak Parekh Speed up divestment in state behemoths: Deepak Parekh](/economy/general/images/deepak_parekh_feb_sm_domain-b.jpg)
Speed up divestment in state behemoths: Deepak Parekh
23 Feb 2015
Deepak Parekh, chairman, HDFC, on Sunday made a strong pitching for disinvestment in public sector behemoths such as LIC, Air India and BSNL, saying it can unlock funds of “lakhs of crores of rupees”
![Hydel power the key to prosperity, PM Modi tells Arunachal Hydel power the key to prosperity, PM Modi tells Arunachal](/industry/power/images/narendra_modi_17aug_sm_domain-b.jpg)
Hydel power the key to prosperity, PM Modi tells Arunachal
21 Feb 2015
Prime Minister Narendra Modi on Friday raised the pitch for "power-for-prosperity" as he sought to convince the people of Arunachal Pradesh of the benefits of exploiting the state's hydropower potentia
Raw sugar export sops to continue
20 Feb 2015
![Modi optimism fading as red tape not being cut: Deepak Parekh Modi optimism fading as red tape not being cut: Deepak Parekh](/economy/general/images/deepak_parekh_sm_domain-b.jpg)
Modi optimism fading as red tape not being cut: Deepak Parekh
19 Feb 2015
HDFC chief Deepak Parekh says industry is still optimistic about the changes it expects from the Narendra Modi government, but there has been little improvement on the 'ease of doing business'
SEZ developers plead for time; several face axe
18 Feb 2015
![India’s April-January trade deficit up at $118.37 bn India’s April-January trade deficit up at $118.37 bn](/economy/trade/images/cargo_ship_sm_domain-b.jpg)
India’s April-January trade deficit up at $118.37 bn
13 Feb 2015
India piled up a trade deficit of an estimated $118.37 billion in the first 10 months of the current financial year despite falling oil prices
![Government to slap criminal cases on black money suspects Government to slap criminal cases on black money suspects](/economy/general/images/black_money_sm_domain-b.jpg)
Government to slap criminal cases on black money suspects
12 Feb 2015
The union government announced today that its ‘crusade’ against black money stashed abroad will now focus on criminal proceedings
![What was it worth? Assessing the value of Obama’s India visit What was it worth? Assessing the value of Obama’s India visit](/economy/general/images/modi_obama_sm_domain-b.jpg)
What was it worth? Assessing the value of Obama’s India visit
11 Feb 2015
Normally, the visit of a high-powered foreign dignitary is the occasion for a lot of announcements about partnerships and projects. This trip was no exception. But while such statements are often forgotten, this time there was evidence that the Obama visit had pushed the government to quick action on various fronts. Republished with permission of Knowledge@Wharton
![Corporates using shell firms to pay bribes, says HDFC’s Parekh Corporates using shell firms to pay bribes, says HDFC’s Parekh](/finance/banks/HDFC_Bank/images/deepak_parekh_sm_domain-b.jpg)
Corporates using shell firms to pay bribes, says HDFC’s Parekh
11 Feb 2015
Respected banker Deepak parekh says bribes paid by corporations are disguised so well and look completely genuine or go through a large web of unidentifiable shell companies that the best of forensic accountants find it difficult to trace it
![India’s GDP projected to grow at 7.4% in 2014-15 India’s GDP projected to grow at 7.4% in 2014-15](/economy/general/images/economy_general_domain-b.jpg)
India’s GDP projected to grow at 7.4% in 2014-15
09 Feb 2015
Per capita income in the country is now estimated to grow 6.1 per cent in 2014-15 against the previous year`s estimate of 5.4 per cent, reaching a level of Rs74,193 in 2014-15 compared to Rs69,959 for the 2013-14 fiscal
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
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India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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