economy > economy - general Economy - general Inflation rate rises to a six-month high at 4.11 per cent 08 February 2008 Foodgrain production in 2007-08 expected to top 219 million tonnes 08 February 2008 Advance estimates of 2007-08 national income suggest GDP growth at 8.7 per cent 07 February 2008 Cabinet approves signing memorandums of understanding with South Africa, Zambia 07 February 2008 Text of Dr Manmohan Singh's address at the Delhi Sustainable Development Summit 07 February 2008 India to adopt responsible, forward looking stance at sustainable development: PM 07 February 2008 Weathering the storm: Sleepwalking through a significant market downturn 07 February 2008 Direct tax collections growth at 40 per cent from April ’07 to January ’08 06 February 2008 Asia Pacific minister's conference on housing and urban development meets at Tehran 04 February 2008 IMF more optimistic than RBI on India's GDP growth; estimates 2007-08 growth at 8.75 per cent 04 February 2008 Chinese inflation gets exported to the US 02 February 2008 Finance ministry proposes 25 per cent minimum public holding in listed companies 02 February 2008 Ministers fail to decide on fuel price hike again; plan to meet next week 31 January 2008 US senate panel approves $157-billion stimulus plan for economy 31 January 2008 GDP records 18-year-high growth rate of 9.6 per cent in 2006-07 31 January 2008 Give poor Ben Bernanke a chance 31 January 2008 Global growth to slow to 4.1 per cent in 2008: IMF 31 January 2008 Government hikes FDI limit in aviation, petroleum sectors 30 January 2008 Finance ministry, RBI to discuss measures to control capital flows 29 January 2008 Why Dr Reddy is right 29 January 2008 Employment data for 2005-06 released 29 January 2008 RBI refrains from rate cuts 29 January 2008 Business booms for luxury yachts amid signs of economic downturn 28 January 2008 Inflation rate edges up to 3.83 per cent 25 January 2008 US economy will bounce back, says Chidambaram 25 January 2008 India, France sign agreements in nuclear and defence areas 25 January 2008 Big Ben’s hand cuts into moral hazard debate 25 January 2008 Ordinance soon to give more powers to FMC: minister 25 January 2008 India to take measures to cushion effects of US rate cut: Chidambaram 24 January 2008 Government may cut duties on fuel to lessen impact of price hike 24 January 2008 Central Board of Direct Taxes - Vodafone set for epic corporate tax battle 24 January 2008 On again! “Deeply committed” to the Iran-Pakistan-India gas pipeline, says Deora 24 January 2008 IMC moots interest rate cut 24 January 2008 Overhaul of municipal revenues urgently required to prevent annual shortage of Rs10,000 crore: RBI report 24 January 2008 SBI chief sees an easing of interest rates in India 23 January 2008 US slowdown would impact India, China less: Kamal Nath 23 January 2008 US slowdown would affect Southeast Asia most: IMF 23 January 2008 India discusses Israeli investment in agriculture sector 23 January 2008 Government may amend Act to strengthen commodities regulator 23 January 2008 Fed announces unscheduled 75-basis point rate cut to 3.5 per cent 22 January 2008 Brown backs India' WTO stance; asks US, EU to cut subsidies 21 January 2008 RBI to factor in inflation, US slowdown into credit policy 21 January 2008 Neel Metal Fanalca to increase revenue stream 21 January 2008 Government to double farm credit; offer relief to farmers: Pawar 19 January 2008 Bush proposes relief to business, consumers in a $150 billion stimulus plan 19 January 2008 Has GDP growth peaked? 19 January 2008 India's trade deficit $44.4 billion in April-October 2007: RBI report 19 January 2008 Government issues Rs11,257 crore of oil bonds; announces MSS bond sale 18 January 2008 Global slowdown could dent India's growth by half a percentage point: Montek Singh Ahluwalia 18 January 2008 India, Canada to sign investment promotion pact soon 18 January 2008 Inflation rate edges up to 3.79 per cent 18 January 2008 India, Hungary to strengthen cooperation in agriculture 18 January 2008 Further easing required, Fed chief tells House budget committee 18 January 2008 China switches to price controls to tame inflation 17 January 2008 Ministers fail to decide on fuel price hike; plan to meet again 17 January 2008 Recession in the West will impact India: Rangarajan 17 January 2008 India@Risk: CII-World Economic Forum identify six risks to India's growth momentum 17 January 2008 China hikes cash reserve ratio for banks to 15 per cent 17 January 2008 RBI reports a fall in corporate profitabilty in H1 2007-08 17 January 2008 India and Iran discuss enhancing cooperation in Oil and Gas sector 16 January 2008 Rangarajan projects '08-09 GDP growth at 8.5 per cent 16 January 2008 India, Oman propose $100 million investment fund 14 January 2008 India signs 11 pacts with China; seeks to reduce trade deficit 14 January 2008 Text of Dr Manmohan Singh’s address to the India-China Economic, Trade and Investment Summit 14 January 2008 PM addresses India-China economic, trade and investment summit 14 January 2008 Maharashtra will continue to drive India's growth: CM 11 January 2008 Germany, China plan Hamburg-Beijing freight rail service 11 January 2008 Industrial production growth falls to 5.3 per cent in November 07 11 January 2008 Inflation rate unchanged at 3.50 per cent 11 January 2008 Bernanake signals aggressive moves by US Fed to stimulate growth 11 January 2008 India, China to sign 5 agreements during Manmohan's visit 10 January 2008 Government to divest 28 per cent in RITES 10 January 2008 India, US weighing bilateral trade, investment pact: Kamal Nath 10 January 2008 After Merrill, Goldman Sachs issues "outright recession call" for 2008 09 January 2008 Recession in the US: The perfect storm arrives 09 January 2008 Recession in the US already a reality: Merrill Lynch 09 January 2008 India capable of sustaining 9-10 per cent GDP growth: PM 08 January 2008 Despite credit crunch panic, global business optimism drops only slightly: Grant Thornton 08 January 2008 Some expectations for 2008 08 January 2008 PM to consider all options to deal with crude rise 07 January 2008 Five-fold increase in FDI inflows 07 January 2008 29,000 patent applications filed in India in 2006-07 07 January 2008 Foreign exchange reserves rise by $2.8 billion 05 January 2008 India's BoP Developments during July-September 2007 04 January 2008 RBI releases data on sources of accretion to foreign exchange reserves in India 03 January 2008 New US export controls on China too liberal, say hawks 03 January 2008 Fed minutes say credit woes may result in more rate cuts 03 January 2008 Exports rise by over 26.82 per cent 03 January 2008 Board Of Approvals clears 34 new SEZ proposals 02 January 2008 Arizona activates new law to penalise employers hiring illegal immigrants 02 January 2008 Venezuela cuts three zeros off its currency 02 January 2008 Most Californians are pessimistic about the state's economy 02 January 2008 Case for moderate tax rates: Chidambaram 01 January 2008 At last, US existing home sales record a small gain 01 January 2008 Over 50,000 backlog of SC & ST vacancies filled, says government 31 December 2007 No proposal for raising retirement age 31 December 2007 Eleventh Plan to focus on education: PM 28 December 2007 Inflation rate dips to 3.45 per cent 28 December 2007 Core sector growth falls to 4.5 per cent in October 27 December 2007 Government bans palm oil imports at all Kerala ports 27 December 2007 Fed’s second auction of $20 billion in short-term credit draws fewer banks 24 December 2007 Government to launch national scheme for secondary education 24 December 2007 Saudi Arabia plans world's largest sovereign wealth fund worth $900 billion: report 24 December 2007 “Decoupling” strategy faces sterner test in 2008 as growth pessimism deepens: Merrill Lynch survey 24 December 2007 China may feel the chill of the coming global slowdown 24 December 2007 The Next Great Depression around the corner? 24 December 2007 Chavez expands oil-against-goods and services alliance 22 December 2007 India-Singapore sign protocol to expand the tariff liberalization package 20 December 2007 Industry displaces 1.4 million in four states: study 20 December 2007 US home foreclosures rose 68 per cent in November 20 December 2007 MRTPC holds major cement companies guilty of cartelisation 20 December 2007 Inflation rate eases a bit at 3.65 per cent 20 December 2007 Exporters urged to tap non-US markets to hedge currency risk 19 December 2007 Portfolio advice for Dr Reddy 19 December 2007 Global financial crisis may affect India's exports, capital flows: PM 19 December 2007 Fed comes up with new mortgage protection measures 19 December 2007 India, China economies 40 per cent smaller than projected: World Bank 18 December 2007 Railway freight revenue up by 10.99 per cent during April November 2007-08 18 December 2007 Ratings for NGOs to access to donor funds mooted 18 December 2007 Direct taxes grow over 40 per cent: Finance ministry data 18 December 2007 Planning Commission suggests setting up of 3 sectoral regulators 17 December 2007 India, China losing labour cost advantage: study 15 December 2007 Inflation rate hits a 3-month high at 3.75 per cent 14 December 2007 Bahrain's Gulf Finance House signs deal for $10 billion SEZ in Maharashtra 14 December 2007 December tankan survey shows business sentiment is falling in Japan 14 December 2007 Forward Markets Commission favours `anchor investor’ for commodity bourses 12 December 2007 US economy seen contracting in fourth quarter 12 December 2007 EU to reimpose import duties on PET film from India 12 December 2007 The Fed’s painful dilemmas 12 December 2007 Fed cuts rates by a quarter point; Wall Street disappointed, US markets down 12 December 2007 Expect cuts today — 25 bips in target rate and 50 bips in discount rate — but the downward trend may not continue 11 December 2007 Rupee near 10-year high against dollar ahead of Fed meet 11 December 2007 China’s inflation hits 11-year high at 6.9 per cent; trade surplus at record $238 billion 11 December 2007 Promotion of SMEs crucial to India’s growth, says Kamal Nath 11 December 2007 EU seeks early free-trade pact with India 11 December 2007 Dmitry Medvedev: St Petersburg cronyism or a gambit? 11 December 2007 Food safety is a top issue for US-China talks, says treasury secretary Paulson 11 December 2007 Government to provide interest-free loans to sugar mills 10 December 2007 India, Cambodia to enhance bilateral defence ties 10 December 2007 Gulf countries to start currency revaluation talks soon 08 December 2007 “Better-than-expected” US jobs report may not be as good as it seems 08 December 2007 Government may hike fuel prices, cut excise duty on petroleum products 07 December 2007 Government hikes wheat production target by 20 million tonnes 07 December 2007 Inflation rate falls to 3.01 per cent 07 December 2007 GDP grows at 9.1 per cent in H1, but capital controls may slacken pace 07 December 2007 Chidambaram bolsters market with plans for PPP project support, higher PF investment limit 07 December 2007 National Urban Housing and Habitat Policy 2007 tabled in Parliament; focus on affordable housing for urban poor 07 December 2007 Surprising job growth in the ADP US November employment survey, boosts sentiment 07 December 2007 Finance ministry hints at moderate income tax rates 06 December 2007 Government considering potential sites for nuclear plants; thorium reactors on cards 06 December 2007 Rice buffer stock tops 10 million tonnes: FCI 06 December 2007 New UK emigration system bars unskilled non-EU workers, eases rules for highly skilled 06 December 2007 Subsidy on LPG / kerosene to exceed Rs69,700 crore 06 December 2007 Pilot launch of bio-metric passports in mid 2008: Minister 06 December 2007 Patent filings in India in 2004-05 way below world average: report 06 December 2007 Government modifies technology upgradation fund scheme for textile industry 05 December 2007 India, China to boost financial ties, seek greater role in international institutions 05 December 2007 Better-than-expected Q3 numbers fail to boost Japanese business, consumer confidence 05 December 2007 Gulf states launch common market; plan common currency by 2010 05 December 2007 Twenty lakh jobs at stake as exports wilt: Kamal Nath 04 December 2007 Group of ministers to review petroleum product pricing on December 7 04 December 2007 Gas deal with India on course, says Iranian official 04 December 2007 Exports rise by over 35 per cent 04 December 2007 Economy on track for 9 per cent growth: Montek Singh Ahluwalia 04 December 2007 Direct tax mop-up records over 40 per cent growth in April-November 2007-08 03 December 2007 Chemicals, pharmaceuticals, textiles to lead growth of SME sector in Mumbai: Dun & Bradstreet 03 December 2007 World Economic Forum to kick off India summit 01 December 2007 New Company Law to ease entry-exit norms for business: minister 01 December 2007 Fiscal deficit on target at Rs82,260 crore, says government; economic growth slackens 01 December 2007 Paradip port to handle larger ships with deepening of shipping channels 01 December 2007 Fed’s beige book paints US economic outlook a dull shade of red 30 November 2007 Maharashtra repeals land law, good news for real estate companies 29 November 2007 US consumer confidence down, Black Friday shopping up: What's really happening? 29 November 2007 State finance ministers agree on dual GST structure 29 November 2007 HSBC to sail through sub-prime storm alone; snubs Citi's 'superfund' plans 27 November 2007 Fed to inject $8 billion to ease end-of-year credit squeeze 27 November 2007 Government clears dedicated freight corridor project 27 November 2007 Are Chinese toys really unsafe? 26 November 2007 Dreaming about, and fearing the trillions 26 November 2007 Oil vaults to 98.85 a barrel as gold nears 28-year high; platinum at record $1,486 an ounce 26 November 2007 China to tighten takeover regulations for foreign acquirers 26 November 2007 Goldman, Macquarie investments in PTC among 22 FDI proposals cleared 24 November 2007 Fed minutes show a less optimistic view of the US economy 21 November 2007 More Thai provinces brought under joint development scheme with Malaysia, Indonesia 21 November 2007 Certified under organic farming reaches 3.12 lakh hectares 19 November 2007 Government to focus on reducing post harvest losses 19 November 2007 Centre lists measures to improve farm credit 19 November 2007 RBI panel suggests currency futures to hedge foreign exchange risks 19 November 2007 Arcelor Mittal to locate new industrial training facility at Orisa's Keonjhar district 19 November 2007 Macro-economics still strong, says Chidambaram 17 November 2007 Macro-economics still strong, says Chidambaram 17 November 2007 China raises cash reserve ratio for banks; to allow faster appreciation of the yuan? 17 November 2007 Government asks foreign tourists to pay in rupee instead of dollars 17 November 2007 Inflation rate moves above 3 per cent for the first time in five weeks 17 November 2007 Government asks state-run companies to stop edible oil imports 17 November 2007 Inflation rates falls to a 5-year low at 2.97 per cent 16 November 2007 India, Bahrain to discuss increased co-operation 16 November 2007 Government to issue Rs7,500 crore bonds to compensate fertiliser companies 16 November 2007 Plan panel suggests hike in fuel prices, freeze on salaries of government employees 15 November 2007 India's industrial output growth slows to 6.4 per cent in September 15 November 2007 MMTC becomes most valued PSU in terms of market capitalisation 15 November 2007 FMC head seeks end to ban on four commodities 15 November 2007 India, Oman to sign pact on labour, manpower and employment 15 November 2007 Bank of Japan keeps rates steady at 0.5 per cent 15 November 2007 IIP data for September is just a blip: Mahesh Vyas, director, CMIE 15 November 2007 EPF board may consider option of investing in stocks: Oscar Fernandes 15 November 2007 India''s per capita income to reach $1,000 by fiscal-end 06 November 2007 Tamil Nadu to build land bank to ensure balanced development 06 November 2007 Dollar fall gives Indian companies a Rs6,500 crore saving in M&As: Assocham Eco Pulse study 05 November 2007 Centre plans Rs8,000 crore package for flood-hit states 03 November 2007 Government may announce fuel price hike next week 03 November 2007 India''s foreign exchange reserves top $262 billion 03 November 2007 Why oil at $100 may be desirable, after all 03 November 2007 Government defers auction of oil, gas blocks to December 02 November 2007 China bars toys export by 700 factories 02 November 2007 India Today''s two FDI proposals among 12 cleared 02 November 2007 Inflation rate at a new 5-year low of 3.02 per cent 02 November 2007 Oil zooms above $96 a barrel as US stocks, dollar dip 02 November 2007 UAE arrests 90 Indian workers protesting for wage hikes; frees 3,900 after brief detention 01 November 2007 India''s manufacturing growth at a 31-month high in October: ABN Amro purchase managers'' index 01 November 2007 India`s exports up 19.26 per cent in September 01 November 2007 NCAER raises fiscal 2008 GDP growth projection to 8.9 per cent 01 November 2007 RBI concerned over greater appreciation of capital flows: Y V Reddy 01 November 2007 The Fed obliges the markets; but hedges its bets 01 November 2007 US economy logs fastest quarterly growth in two years at 3.9 per cent 01 November 2007 US emerges most competitive economy; India slips to 48th in WEF global ranking 01 November 2007 Germany wants close energy ties with India: Merkel 31 October 2007 Status quo on interest rates for how long? 31 October 2007 Macroeconomic and Monetary Developments 30 October 2007 Bankers react to CRR rate hike 30 October 2007 China Life overtakes AT&T in market cap as China beats US in Top 10 numbers 30 October 2007 China''s yuan records biggest gain v/s dollar since July 2005 30 October 2007 II. Stance of Monetary Policy for the Second Half of 2007-08 30 October 2007 III. Monetary Measures 30 October 2007 India becoming a parking lot for investors: Kamal Nath 30 October 2007 India, EU agree on Doha round; farm trade issues crucial: Kamal Nath 30 October 2007 Mid - Term Review of the Annual Policy 2007-08 30 October 2007 No signal from RBI on monetary policy rates: FM 30 October 2007 Part I. Mid-term Review of Annual Statement onMonetary Policy for the Year 2007-08 30 October 2007 Part II. Mid-term Review of Annual Statement on Developmental and Regulatory Policies for the Year 2007-08 30 October 2007 RBI Governor announces mid-term review of annual policy for 2007-08 30 October 2007 RBI raises CRR by 50 basis points to 7.5 per cent, other rates steady 30 October 2007 What helped RBI project GDP growth at 8.5 per cent 30 October 2007 India requires $500 billion for infrastructure: Chidambaram 29 October 2007 Centre and Tamil Nadu government to promote ICT Academy of Tamil Nadu on public private partnership basis 29 October 2007 Gap says child labour allegation at an India facility is the exception, not the rule 29 October 2007 India on a long-term growth trajectory of 9-10 per cent, PM tells Fortune Global Forum 29 October 2007 Need to invest $500 billion in infrastructure over next 5 years: Ratan Tata 29 October 2007 Text of the PM''s address at the Fortune Global Forum 29 October 2007 Will the US Federal Reserve cut interest rates again? 29 October 2007 German Chancellor Angela Merkel coming to push Indo-German trade 27 October 2007 Government allocates coal blocks to add 68,000 MW to power generation 27 October 2007 Kapil Sibal calls for increasing access to technologies at UNESCO meet in Paris 27 October 2007 President to inaugurate 12th World Lakes Conference at Jaipur 27 October 2007 US House to consider new taxes on buyout firms and hedge fund managers 27 October 2007 US Senate okays seven-year extension of internet tax-ban 27 October 2007 Inflation rate unchanged at 3.07 per cent 26 October 2007 Oil hits new record at $92.22 a barrel 26 October 2007 Centre to sponsor upgradation of 1396 government it is through public private partnership 25 October 2007 Chinese yuan zooms past $7.5 a dollar 25 October 2007 Government to relax ban on non-Basmati rice exports 25 October 2007 Government to scrap purchase preference policy from fiscal-end 25 October 2007 India ranks second last in A T Kearney-Foreign Policy Globalisation Index 25 October 2007 Marg Constructions, L&T, Lakshmi Machine Works, TN Road Development Co pioneer pre-employment training for unskilled workers 25 October 2007 Rogers, Buffett see definite signs of recession in US 25 October 2007 US crude above $88 on supply fears, Brent at record high 25 October 2007 US treasury secretary Henry Paulson wants India to open up for capital flows 25 October 2007 EU proposes ''blue card'' for high-skilled migrants 24 October 2007 Government allows up to 51 per cent FDI in single brand product retailing 23 October 2007 Dollar drop against Euro pushes crude above $90 a barrel 20 October 2007 Fed should be transparent, predictable, and avoid overreaction: Bernanke 20 October 2007 G-7 nations want an "accelerated appreciation" of China''s Yuan 20 October 2007 Government approves 8.5 per cent interest rate for EPF deposits 20 October 2007 IMF chief says no need for relief to euro; dollar needs to devalue further 20 October 2007 Monitor the US more closely, developing countries tell the IMF 20 October 2007 RBI to sell Rs6,000 crore market stabilisation bonds 20 October 2007 CRISIL excellence awards municipalities of Chennai, Vishakapatnam, Ajmer, and Orissa state for commitment to reforms 19 October 2007 India''s growth unstoppable, but deep US slowdown could hurt badly: Lehman Brothers 19 October 2007 Power, fertiliser units to get priority in government''s new coal policy 19 October 2007 US may raise the child labour bogey again to block Indian exports 19 October 2007 Wholesale inflation index at five-year low of 3.07 per cent 19 October 2007 Can Indian outsourcers overcome the challenge of the ''rising-rupee''? 18 October 2007 Government may raise FDI in cable TV to 74 per cent 18 October 2007 Government to raise Rs50,000 crore through power bonds 18 October 2007 India''s medium-term growth prospects remain intact: Standard & Poor''s 18 October 2007 Indian economy not insulated against global risks: Reddy 18 October 2007 Oil holds above $87 a barrel as supply worries linger 18 October 2007 UNESCO and Library of Congress sign agreement for World Digital Library 18 October 2007 China''s market capitalisation swells to $3.37 trillion, emerges world''s fourth largest 17 October 2007 Government to set up five centres of excellence for the telecom sector 17 October 2007 India most reformed within emerging markets: Commonwealth Business Council report 17 October 2007 India''s high net worth population holds $350 billion in financial wealth: Merrill Lynch - Capgemini report 17 October 2007 India, Brazil, South Africa should target $30 billion trade by 2012: Manmohan 17 October 2007