Economy - general
Moody’s maintains ‘stable’ outlook on India’s rating
25 Jun 2012
The impact of lower growth and still-high inflation will deteriorate credit metrics in the near term, but not to the extent that they will become incompatible with India's current rating, the agency said
RBI ups ECB limit to $10 bn, allows FIIs to invest up to $20 bn in G-Secs
25 Jun 2012
RBI has also expanded the non-resident investor base for G-Secs, to allow sovereign wealth funds, multilateral agencies, endowment funds, insurance funds, pension funds and foreign central banks to register with SEBI
Pranab Mukherjee offers fresh boost to economy before he steps down
23 Jun 2012
Mukherjee is expected to demit office on Monday or Tuesday after the Prime Minister returns to India and it is not clear as to whether the RBI or the finance ministry would announce the proposed measures
Even Naveen Jindal loves his share of daily LPG subsidies
23 Jun 2012
Naveen Jindal, well-known industrialist, billionaire and the richest parliamentarian in India, consumes subsidized LPG at the rate of more than a cylinder a day. Why is it so difficult for the rich to just give up these subsidy peanuts and purchase LPG from private retailers at market prices? By Shivshanker Verma
`India: Incredible Investment Destination'
21 Jun 2012
India’s real GDP grew 60 per cent in five years while foreign direct investment in the country zoomed 414 per cent to $46.8 billion in 2011-12, according to a finance ministry fact book
Finance minister unveils expanded negative list for service tax
20 Jun 2012
Service tax collections have increased by 40 per cent in the first two months of the current financial year and is targeted to touch Rs1,24,000 crore for the full fiscal
Advance tax collections fall below target
19 Jun 2012
Is India really at the bottom of the heap?
18 Jun 2012
By universal consensus, India is the worst performer among the emerging economies and is led by the most inefficient and self-serving political leaders. But are we really that bad? How do we compare against the other big emerging economies – China, Brazil, Russia, South Africa and Indonesia? By Shivshanker Verma
Fitch revises India's outlook to negative
18 Jun 2012
The negative outlook also reflects India's limited progress on fiscal consolidation and, in particular, on reducing the central government deficit
RBI leaves CRR, repo rate unchanged; disappoints market
18 Jun 2012
Indian bond prices and stocks dropped while the rupee weakened against the dollar after the RBI's unexpected decision to hold rates steady
RBI leaves CRR, repo rate unchanged; disappoints market
18 Jun 2012
Indian bond prices and stocks dropped while the rupee weakened against the dollar after the RBI's unexpected decision to hold rates steady