Mumbai, Jun 6: Finance Minister P. Chidambaram has said that food inflation is still high and expressed confidence that it will come down with the full harvest of rabi crops.“Food inflation is still elevated but
Mumbai, Jun 6: The government hopes to be able to improve upon the fiscal deficit target of 4.8 per cent in the current financial year without curtailing expenditure, Finance Minister P Chidambaram said on Thursday."I
New Delhi, June 6: Economic growth in emerging market economies remained sluggish in May, but India expanded at a better rate than the three BRIC peers China, Russia and Brazil, an HSBC survey said. During
New Delhi, June 6: Seeking to push investment to boost growth, Finance Minister P. Chidambaram on Thursday asked banks to pass on the RBI's rate cut benefit to both retail and corporate borrowers.“In fact, the
New Delhi, June 4: McGraw Hill Financial Inc, which owns the Standard & Poor's credit rating agency, is making an open offer to raise its stake in Crisil to 75 per cent from 52.77 per
Chandigarh, June 4: Terming it "aggressive" and "incentive-based", the Punjab government Monday unveiled its new industrial policy to facilitate investment in the state.Punjab Deputy Chief Minister Sukhbir Singh Badal gave a detailed presentation Monday on
New Delhi, May 26: Finance minister P Chidambaram has exuded confidence that the sagging economic growth will soon revive and economy this fiscal will grow by at least one per cent more than last fiscal.The
New Delhi, May 22: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012—13 but wants pricing formula to be changed from current year to
New Delhi, May 22: Amid outcry over Ponzi schemes causing huge losses to common people, Finance Minister P. Chidambaram on Wednesday said there are regulatory gaps and efforts are being made to frame a new
New Delhi, May 20: There is no case for downgrading India's sovereign credit rating, economic affairs secretary Arvind Mayaram has said. Mayaram's comments come after Standard & Poor's reiterated its negative outlook on the country's
New Delhi, May 19: Hopeful of reaching an agreement soon on the long-pending revision of tax treaty with India, Mauritius says it has gone ‘extra mile' to ensure that the pact does not get misused
New Delhi, May 19: State Bank of India is projecting a deposit growth of 25 per cent during the current fiscal compared to 14.85 per cent in 2012-13."We are seeing a very good growth in
New Delhi, May 19: Concerned over the widening difference between growth projections and actual realisations, the Planning Commission has made a case for improving the economic model to project GDP.“I think we are currently suffering
New Delhi, May 19: Expressing disappointment over S&P's rating action, the government said on Friday that its fiscal policies are on the right track and there is nothing to be worried about.Standard & Poor's (S&P)
New Delhi, May 17: Global agency Standard & Poor's on Friday warned that it may downgrade India's sovereign rating to junk grade if the government fails to pursue reforms and check deterioration in fiscal and
New Delhi, May 15: The Reserve Bank has announced it will launch inflation-linked bonds every month, starting June 4, to attract household savings of up to Rs 15,000 crore this fiscal so as to discourage
New Delhi, May 12: The declining trend in rupee is expected to be short-lived and is likely to be seen stabilising towards the 54 mark against the US dollar soon, say experts.This is on the
New Delhi, May 10: Showing signs of recovery, the industrial growth has bounced back to 2.5 per cent in March on better performance of manufacturing and power sectors coupled with higher output of capital goods.Industrial
New Delhi, May 7: The finance ministry has told global rating agency Moody's that though the economic picture is not fully rosy, India's growth story is credible and the government is taking steps to deal
New Delhi, May 7: Seeking to boost exports and bridge the ballooning current account deficit, a Reserve Bank of India (RBI) committee, on Monday, suggested a slew of measures such as introduction of differential tax
Top News
Latest News
