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  • no policy reversal by india envoys told assure foreign

    No policy reversal by India: envoys told assure foreign Investors

    November 05, 2013 20:41 IST

    New Delhi: Top Indian diplomats from across the world were today told to assure foreign investors that there will be no "policy reversals" by the Indian government.Union Minister for Commerce and Industry Anand Sharma, who

  • tomato prices touches rs 80 per kg

    Tomato prices touches Rs 80 per kg

    November 05, 2013 19:27 IST

    New Delhi: After onion, retail prices of tomatoes have soared up to Rs 80 per kg in the national capital on lower supplies from Madhya Pradesh and Maharashtra.Mother Dairy, which has about 400 retail outlets

  • confident of containing cad below 60 billion chidambaram

    Confident of containing CAD below $60 billion: Chidambaram

    November 05, 2013 17:16 IST

    New Delhi: Finance Minister P Chidambaram today exuded confidence that India's current account deficit(CAD) will be contained below USD 60 billion this financial year as against an earlier estimate of USD 70 billion.“We think we

  • finance ministry seeks 30 dividend from oil psus

    Finance Ministry seeks 30% dividend from oil PSUs

    November 04, 2013 23:56 IST

    New Delhi: The Finance Ministry has asked all profit-making oil PSUs to pay a minimum 30 per cent dividend in the current financial year. Presently, all profit-making central public sector undertakings ( CPSU) are required

  • govt discusses possibility of having more ftas

    Govt discusses possibility of having more FTAs

    November 04, 2013 22:07 IST

    New Delhi: With the economy facing bad times, government today explored the possibility of having more free trade agreements with various countries at a meeting chaired by Prime Minister Manmohan Singh here. The meeting of

  • fdi in services sector dips 47.5 during apr aug

    FDI in services sector dips 47.5% during Apr-Aug

    November 04, 2013 19:26 IST

    New Delhi: Foreign direct investment inflows into the services sector declined by 47.5 percent to USD 1.19 billion during the April-August period.The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had

  • planning commission convenes meeting to discuss mining

    Planning Commission convenes meeting to discuss mining issues

    November 04, 2013 19:17 IST

    New Delhi: Planning Commission has convened a high level meeting of concerned ministries on Thursday to discuss issues related to mining, including the ban on such activities in some states, to boost output.A high-level meeting

  • govt hikes onion export price to 1 150/tonne to check prices

    Govt hikes onion export price to $1,150/tonne to check prices

    November 04, 2013 19:01 IST

    New Delhi: The Centre has hiked the minimum export price of (MEP) of onions to USD 1,150 per tonne for boosting domestic supplies and controlling prices which have been ruling at very high levels for

  • sale of 5 kg lpg cylinders allowed at pumps across nation

    Sale of 5-kg LPG cylinders allowed at pumps across nation

    November 04, 2013 18:15 IST

    New Delhi: After the success of pilot programmes in five metro cities, Oil Minister M Veerappa Moily today allowed the sale of 5-kg cooking gas (LPG) cylinders at petrol pumps across the country. The scheme,

  • agriculture forum congress 2013 to begin from tomorrow

    Agriculture Forum Congress 2013 to begin from tomorrow

    November 04, 2013 16:40 IST

    Hyderabad: Agriculture experts, industry representatives and policy makers from different countries would converge here for an international conference on agriculture beginning tomorrow.The three-day World Agricultural Forum Congress 2013 and agri-tech trade fair would see the

  • buoyant muhurat session in oilseeds market

    Buoyant 'Muhurat' session in oilseeds market

    November 04, 2013 7:19 IST

    Mumbai: Edible and non-edible prices witnessed a spurt at the beginning of the 'Samvat-2070' a special muhurat session at the oils and oilseeds market here yesterday.Groundnut oil maintained its rising trend on the back of

  • inflation in goods used by rich higher than those by poor

    Inflation in goods used by rich higher than those by poor: PHD

    November 03, 2013 12:12 IST

    New Delhi: Inflation during the current festive season is impacting the rich more than poor as the goods used by them have seen a higher price rise a report by a industry body said."The impact

  • forex reserves rises from 1.8 bn to 282.95 bn

    Forex reserves rises from $1.8 bn to $282.95 bn

    November 02, 2013 22:14 IST

    New Delhi: The foreign exchange reserves rose for the fourth consecutive week with the week to October 25 adding another $1.828 billion taking the overall forex kitty to $282.95 billion, the Reserve Bank said on

  • onion prices down significantly on steps taken by delhi govt

    'Onion prices down significantly on steps taken by Delhi govt'

    November 02, 2013 20:32 IST

    New Delhi: The Congress government in Delhi today said prices of onions had come down significantly due to an initiative taken by it in the last couple of weeks and asserted that the rates would

  • india seeks payment guarantee from pak to sign gas agreement

    India seeks payment guarantee from Pak to sign gas agreement

    November 02, 2013 17:28 IST

    New Delhi: India has sought from Pakistan sovereign payment guarantees before it can sign a contract to export natural gas through a pipeline from Punjab.State-owned gas utility GAIL India Ltd plans to initially supply 5

  • gold sales down by 50 on dhanteras day

    Gold sales down by 50% on Dhanteras day

    November 01, 2013 21:51 IST

    New Delhi: Gold sales on Dhanteras day today are down by about 50 per cent despite lower price as sluggish demand for bars and coins amid high inflation and weak economic outlook dimmed the sparkle

  • current account deficit to be around 60 billion chidambaram

    Current account deficit to be around $60 billion: Chidambaram

    November 01, 2013 21:44 IST

    New Delhi: Finance Minister P. Chidambaram today said India's current account deficit (CAD) would come down and be around $60 billion owing to rising exports and import controls initiated by the government."The current account deficit

  • govt cuts import tariff on gold hikes silver

    Govt cuts import tariff on gold, hikes silver

    November 01, 2013 18:07 IST

    New Delhi: The government has slashed the import tariff value of gold to $440 per ten gram and raised it on silver to $738 per kg, in line with global prices of the precious metals.The

  • lpg subsidy to continue for all consumers

    LPG subsidy to continue for all consumers

    November 01, 2013 17:59 IST

    New Delhi: All household LPG consumers will continue to receive subsidy even if not linked to the Adhaar card, a top oil company official said here today."All consumers irrespective whether seeded with Adhaar card or

  • anand sharma cancels meeting with walmart chief

    Anand Sharma cancels meeting with Walmart chief

    October 31, 2013 23:36 IST

    New Delhi: Commerce and Industry Minister Anand Sharma on Thursday cancelled a meeting with U.S. retail giant's Asia head Scott Price.The meeting, scheduled for Friday, has been cancelled, a top source in Mr Sharma's Ministry

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