New Delhi: The Narendra Modi government has brought in Arvind Subramanian, a former International Monetary Fund economist, as the chief economic adviser to the finance ministry.Subramanian has most recently worked as senior fellow at the
New Delhi: A Rs 3.56 per litre cut in diesel prices is in the offing as slump in international oil prices have helped nearly doubling of profit on India's most consumed fuel.With crude prices dipping
New Delhi: The Telecom Regulatory Authority of India (TRAI) recommended around 10 percent hike in the reserve price for 1800 MHz band spectrum auction compared to the last winning price in the February 2014 sale."In
New Delhi: Finance Ministry exuded confidence that the target of opening 7.5 crore bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) would be met by December-end."One thing I would like to say that
New Delhi: India will stick to its position on the food security issue at the WTO trade negotiations as it is the sovereign duty of the government to protect the interest of its poor, Commerce
Hyderabad: Reserve Bank of India Governor (RBI) Raghuram Rajan assured the Telangana government that he will soon sort out the issue relating to banks not pushing fresh farm loans to farmers.Chief Minister K Chandrasekhar Rao
New Delhi: Buoyed by the drop in inflation which fell to a five-year low of 2.38 per cent in September, India Inc on Tuesday said it provides much-needed headroom to the RBI to cut interest
Mumbai: Even though the headline retail inflation has eased to a five-year low of 6.5 per cent in September, analysts said the Reserve Bank of India (RBI) is unlikely to cut its key rates in
New Delhi: Softening food prices pulled down the wholesale price inflation to near five year low of 2.38 per cent, creating headroom for the Reserve Bank to cut interest rate to boost demand and push
New Delhi: Petrol price was today cut by Re 1 a litre, but the first reduction in diesel rates in over five years will have to wait till completion of assembly polls.State-owned oil firms, which
New Delhi: A Rs 2.50 per litre cut in diesel prices, the first in over four years, is likely after results of assembly polls in Maharashtra and Haryana are announced on Sunday. Petrol price, which
New Delhi: Indirect tax collections inched up by 5.8 per cent in the April-September period of this fiscal.Indirect tax collections, comprising excise, customs and service tax, stood at Rs. 2,41,811 crore in the first six
New Delhi: Continuing decline in food prices, including vegetables, pulled down the September wholesale price inflation to a five year low of 2.38 per cent.The Wholesale Price Index (WPI) based inflation was at 3.74 per
New Delhi: With the price of international crude oil falling to over a two-year low of USD 88 per barrels, the government is likely to slash the prices of petrol and diesel by Rs 1.50-2.50
New Delhi: Bringing good news to the common man ahead of Diwali, the retail inflation dropped to 6.46 per cent in September on falling prices of fruits and vegetables, the lowest since India started computing
New York: Stating Indian economic recovery is still uneven, Reserve Bank of India (RBI) Governor Raghuram Rajan has exuded optimism that the country will be ‘solidly' in the five per cent growth bracket during the
New Delhi: The Prime Minister's Office (PMO) has asked the Coal Ministry to work out a plan of action to deal with the present situation -- arising out of cancellation of allocation of 214 coal
New Delhi: Indian Railways has become an attractive investment destination, especially with the Narendra Modi government pitching for modernisation and upgradation of one of the largest railway networks in the world with high-speed trains and
New Delhi: With the Government on a fast-track to lure foreign investments, FIPB will consider as many as 48 FDI proposals, including that of HDFC Bank and about a dozen from the pharma sector, at
New Delhi: With Air India grappling with financial crisis, the Supreme Court has rapped the government for giving ‘profitable routes' to private carriers and asked it to plan a turnaround in the national carrier saying
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