Economy - general
India can recover faster than China: RBI dy governor
01 Oct 2012
India can recover from global economic slowdown faster than China as the economy is driven by domestic consumption, but the country needs to "get its act together", says RBI deputy governor Anand Sinha
Reforms an ongoing process, says PM
29 Sep 2012
Prime Minister Manmohan Singh today said that there is no question of rolling back the recently announced reform measures
Government rejects Kelkar report seeking subsidy cuts
28 Sep 2012
Some recommendations of the report appear contrary to the government’s declared objective of ‘sustained and inclusive growth’, secretary, department of economic affairs, Arvind Mayaram said
Core sector production grows at 2.1 per cent in August
28 Sep 2012
The moderation in growth was on account of the negative growths in the production of natural gas, cement, fertilizers and crude oil, besides a decline in the growth rates of steel and electricity production
Inflation still too high, says RBI governor
26 Sep 2012
Rangarajan trashes S&P figure; pegs growth at 6.7 %
25 Sep 2012
Trashing S&P's assessment that India’s GDP would grow by only 5.5 per cent this year, C Rangarajan, chairman of the PMEAC, says growth pick up in the second half of this fiscal would take growth to 6.7 per cent
LPG distributors threaten stir against subsidy cap
24 Sep 2012
The National Federation of LPG Distributors of India has announced a nationwide strike on 1 October to oppose the cap on subsidised cooking gas cylinders that a household can obtain in a year
S&P cuts India’s growth forecast to 5.5 %
24 Sep 2012
Rating agency Standard & Poor's today lowered India's GDP growth forecast to 5.5 per cent from the earlier 6.5 per cent despite a slew of policy measures announced by the government last week
Nations need to adapt to new ways of doing business, says PM
22 Sep 2012
Countries need to learn from each other in terms of institutions and methods so as to address the formidable social and economic concerns of their respective societies and people, the prime minister said
Markets vault as Chidambaram steps in to ease liquidity woes
21 Sep 2012
While the BSE Sensex rose by more than 400 points, the rupee also rose to its highest level in over four months today after the government announced new steps over and above the diesel price hike and measures to boost foreign investment flows
US embassy shut due to protest fears
21 Sep 2012
FM moves to rejuvenate economy: Scope of Rajiv Gandhi Equity Scheme widened
21 Sep 2012
The scheme offers tax sops to first-time retail investors whose annual income is below Rs10 lakh
Rs140 duty relief on LPG cylinders above the cap limit
21 Sep 2012
The government has decided to forgo customs and excise duties on LPG for cylinders that consumers buy above the 6-cylinder-a-year cap
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