New Delhi: Continuing its tirade against Prime Minister Manmohan Singh outside Parliament following his aggressive stance in Rajya Sabha on Friday, BJP today termed him as a "failed economist" and attributed current economic woes to
New Delhi: India's manufacturing sector activity contracted for the first time in over four-and-a-half years in August as both output and business orders witnessed a significant decline, an HSBC survey said today.The HSBC/Markit purchasing managers
New York: Gold is having a summer revival.The price of gold touched $1,420 an ounce this week, a three-and-a-half month high, as escalating tensions in the Middle East, volatile currency markets and renewed demand for
New Delhi: With a view to curb appetite for gold, banks are sanctioning advances, including personal loans, only if borrowers agree not to use the proceeds to buy the metal beyond permitted levels.Banks have placed
New Delhi: Hiring outlook has weakened in most of the Asia Pacific region, particularly in India with the rupee falling against most currencies and experts are of the opinion that the worst is yet to
New Delhi: The government is considering various proposals including shutting petrol pumps in the night to taper fuel demand as it looks at ways to cut the massive oil import bill, Oil Minister M Veerappa
New Delhi: Petroleum Minister Veerappa Moily has written to the Prime Minister and Finance Minister seeking a steeper fuel price hike. On Saturday, state-run oil firms had hiked petrol and diesel prices by Rs. 2.35
Jaipur: An atmosphere of 'negative narrative' in the country cast adverse impact on the economy and contributed to the present crisis, Commerce Minister Anand Sharma said."Present state of economy is a matter of concern for
Chennai: Demanding an immediate roll back of today's "steep" fuel price hike, Tamil Nadu Chief Minister J Jayalalithaa urged the Centre to withdraw the authority given to oil marketing companies to fix fuel prices.In a
New Delhi: India's economic growth fell to 4.4 per cent April-June quarter of 2013-14 as compared to 5.4 per cent recorded in same period of previous fiscal. The agricultural sector of the economy grew at
New Delhi: The government on Friday raised the import tariff value of gold to $461 per ten grams and of silver to $803 per kg as prices of the precious metals touched all-time high this
New Delhi: Bringing their differences into open, outgoing RBI governor D Subbarao on Thursday took a dig at finance minister P Chidambaram for his comment once that he would "walk alone" to ensure growth in
New Delhi: Prime Minister Manmohan Singh on Friday took on the BJP, saying it should allow parliament to function if it was worried about the country's economy."Parliament is the supreme body in the country and
New Delhi: Prime Minister Manmohan Singh's statement that neither there is intention to re-impose capital controls nor there will be reversal of reforms came as a booster for Indian equities market on Friday. The 30-share
New Delhi: Prime Minister Dr Manmohan Singh asked opposition parties to cooperate in dealing with the current economic slowdown in the country while saying that several external factors were behind the present crisis.Following is the
New Delhi: Standard Chartered on Friday lowered India's growth forecast for the current financial year to 4.7 per cent from earlier 5.5 per cent, citing "upside risks" to inflation and fiscal deficit. According to the
New Delhi: Tracking a weak global trend, gold prices fell by 0.57 per cent, to Rs 33,438 per 10 grams in futures market today as speculators indulged in trimming positions.At the Multi Commodity Exchange, gold
New Delhi: Ahead of GDP numbers to be released later in the day, Prime Minister Manmohan Singh on Friday said the economic growth in the April-June quarter of the current fiscal will be relatively flat."Growth
New Delhi: Prime Minister Manmohan Singh on Friday ruled out reversal of reforms or resorting to capital controls to rescue the sliding rupee, which he said fell on account of domestic as well as global
New Delhi: The unprecedented slide of rupees poses both challenges and opportunities for India, the International Monetary Fund (IMF) has said."The current situation presents a challenge, obviously, to the government of India, but also an
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