Mumbai, June 19: A group of major American business organisations and advocacy groups has launched a new alliance against what they allege as India's "discriminatory" economic policies, including intellectual property issues, which they claim hurt
New Delhi, June 18: Ruling out the possibility of cutting lending rates after Reserve Bank kept key rates unchanged, bankers today said the central bank decision to hold the rates was on expected lines given
Mumbai, June 17: The Reserve Bank of India on Monday kept key policy rates unchanged, after lowering them in each of its previous policy reviews, and warned that the rupee's weakness and rise in administered
New Delhi, June 17: Expressing concerns over price situation, the RBI has said expensive food items like cereals and vegetables has continued to put pressure on overall inflation rate."Still elevated food inflation, particularly in respect
New Delhi, June 17: Expressing disappointment over RBI's decision to keep key rates unchanged, India Inc said the time was appropriate for cut in interest rates to revive the country's economic growth.The industry said it
New Delhi, June 13: With dip in gold imports, government has ruled out any further hike in customs duty and said economic indicators like CAD will improve drastically if Indians do not import it for
New Delhi, June 13: Finance Minister P Chidambaram has said there is no need of panic over rupee depreciation against the dollar and assured investors that policymakers will take steps to curb volatility in the
New Delhi, June 13: The battered rupee is likely to trade in the range of 54-56 against dollar in the current fiscal with a possibility of widening of this band depending on strengthening of the
New Delhi, June 12: President Pranab Mukherjee has expressed concerns over the present state of country's economy but maintained there was no cause for despondency on it now.There was reason for concern but no cause
New Delhi, June 12: Attributing the rupee's decline to dollar surge in international markets, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the government has been taking steps to deal with the economic situation
New Delhi, June 12: In what may serve to be a big boost to investor sentiment, Fitch ratings has upgraded India's outlook to stable from negative. The international ratings agency has affirmed India's credit rating
June 11, 2013: The Central Bureau of Investigation has registered fresh cases in the coal scam. It has named as accused former Minister of State for Coal, Dasari Narayan Rao, and MP Naveen Jindal.The CBI
Paris, June 10: Growth is showing signs of edging up in most big economies, but appears to be firming markedly only in the US and Japan, the OECD said.Meanwhile, among the major emerging nations China
New Delhi, June 9: As many as 17 states are expected to witness significant power supply shortages this fiscal, with Tamil Nadu projected to receive less than three-fourth of its total electricity requirements. Among the 17
New Delhi, June 9: India Inc's business confidence fell for the second straight quarter in Q4, strengthening appeals for a cut in lending rate by the Reserve Bank in its forthcoming monetary policy review, according
Indore, June 9: Indian economy has resilience to overcome its problems, President Pranab Mukherjee said today and asked people not to panic by negative sentiments expressed in certain quarters."Sometimes we find negative sentiments expressed in
Hyderabad, June 7: Amid rupee crossing the 57 mark against US dollar, the Reserve Bank of India (RBI) has said it is not targeting any exchange rate but will intervene in the forex markets only
Washington, Jun 7: To fix the killer provisions of immigration reform, the influential US India Business Council (USIBC) has launched a massive lobbying effort and public awareness campaign, previously seen only during the days of
New Delhi, June 7: Food prices will remain high even as average inflation is expected to moderate to around 5.5 per cent this fiscal, a senior official of RBI said."We see food prices continue to
New York, June 7: US lawmakers and some top business organisations of the country have alleged that the "restrictive" and "protectionist" policies of India is hampering bilateral trade, an issue said to be of deep
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