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  • gujarat s gdp slows down from 10 to 8.5

    Gujarat's GDP slows down from 10% to 8.5%

    February 24, 2013 8:17 IST

    Ahmedabad, Feb 24: Indicating slowdown, Gujarat's Gross State Domestic Product (GSDP) grew by only 8.5 per cent in 2011-12 over the previous financial year, according to the Economic Review of the state released here on

  • cabinet panel to decide on underground coal gasification

    Cabinet panel to decide on underground coal gasification policy soon

    February 22, 2013 18:29 IST

    New Delhi, Feb 22: The Cabinet Committee on Economic Affairs (CCEA) may soon take a call on forming a new policy on underground coal gasification.“CCEA may soon take a call on formation of a policy

  • rbi finalising licence norms for new banks finance ministry

    RBI finalising licence norms for new banks: Finance Ministry

    February 22, 2013 18:39 IST

     New Delhi, Feb 22:  The Reserve Bank is in the process of finalising the guidelines for licencing of new banks, Minister of State for Finance Namo Narain Meena informed the Lok Sabha on Friday.Asked whether

  • sixth economic census in delhi starts

    Sixth Economic Census in Delhi starts

    February 22, 2013 13:13 IST

    New Delhi, Feb 22: Chief Minister Sheila Dikshit today launched the sixth Economic Census for Delhi which will be carried out by around 12,000 enumerators across the city in the next five weeks.Dikshik asked all

  • railways to import high speed accident relief trains

    Railways to import high-speed accident relief trains

    February 22, 2013 13:01 IST

    New Delhi, Feb 22: Aiming to put rescue and restoration work during accidents on fast track, Railways is procuring high-speed self-propelled accident relief trains (SPART) and hydraulic cranes with telescopic boom from Europe.Currently, Railways have

  • credible action needed to meet economic challenges pm

    Credible action needed to meet economic challenges: PM

    February 21, 2013 11:55 IST

    New Delhi, Feb 21: Seeking cooperation of all sections ahead of Parliament session, Prime Minister Manmohan Singh on Thursday said “credible action” is needed from all to ensure that the country is least affected by

  • railways to launch 100 trains in the rail budget 2013 14

    Railways to launch 100 trains in the Rail Budget 2013-14

    February 21, 2013 11:38 IST

    New Delhi, Feb 21: Railways are planning to introduce about 100 trains, including AC double deckers, new passenger services and extension of services to cater to the demands of various states in the Rail Budget

  • trade unions on strike to protest inflation fuel prices

    Trade unions on strike to protest inflation, fuel prices; economy may lose Rs 20,000 crore

    February 20, 2013 11:52 IST

    New Delhi, Feb 20: Major trade unions on Wednesday began a two-day strike, as the government prepares to present an austerity budget to parliament and weather a corruption scandal in a big arms deal.The unions

  • govt cancels rs 12k crore borrowing to contain fiscal

    Govt cancels Rs 12K crore borrowing to contain fiscal deficit

    February 19, 2013 11:00 IST

    New Delhi, Feb 19: The government has cancelled Rs 12,000 crore bond auctions, lowering its market borrowing programme for the current financial year in its bid to contain the fiscal deficit at 5.3 per cent.With

  • ncr maharashtra got half of total fdi inflows in last 12

    NCR, Maharashtra got half of total FDI inflows in last 12 years

    February 17, 2013 12:44 IST

    Mumbai, Feb 17: The National Capital Region and Maharashtra cornered over half of the total foreign direct investment inflows of $186.82 billion since April 2000, according to government data.Maharashtra attracted maximum foreign inflows at $61.23

  • govt under pressure to roll back diesel petrol price hikes

    Govt under pressure to roll back diesel, petrol price hikes

    February 17, 2013 9:32 IST

    New Delhi, Feb 17: The government's decision to let the state-owned oil companies' exercise their newly bestowed pricing freedom to hike fuel prices have met with stiff opposition from parties like BJP and the left.Demanding

  • petrol prices raised by rs 1.50 a litre and diesel by 45

    Petrol prices raised by Rs 1.50 a litre and diesel by 45 paise a litre

    February 15, 2013 18:58 IST

    New Delhi, Feb 15: State-run fuel retailers have raised the prices of diesel by 45 paise a litre citing higher trending prices in the international market. At the same time, petrol prices will also be

  • india will soon grow at over 8 again president

    India will soon grow at over 8% again: President

    February 15, 2013 18:35 IST

    New Delhi, Feb 15: India would halt the decelerating economic growth and revert to the eight per cent-plus growth levels soon, President Pranab Mukheree said on Friday.Speaking at the 20th International Engineering and Technology Fair

  • january inflation at 6.62 declines 4th month in a row

    January Inflation at 6.62%; declines 4th month in a row

    February 14, 2013 13:08 IST

    New Delhi, Feb 14: Declining for the fourth straight month, WPI inflation fell to 6.62 per cent in January despite rise in prices of food items like vegetables, onions and rice.The Wholesale Price Index (WPI)

  • fipb clears 4 single brand retail fdi proposals of worth rs

    FIPB clears 4 single-brand retail FDI proposals of worth Rs 750 crore

    February 13, 2013 17:10 IST

    New Delhi, Feb 13: The Finance Ministry on Wednesday cleared four foreign direct investment (FDI) proposals in single brand retailing, including that of Decathlon and Fossil Inc, worth about Rs 750 crore, sources said.Foreign Investment

  • retail inflation rises to 10.79 in january

    Retail inflation rises to 10.79% in January

    February 12, 2013 12:41 IST

    New Delhi, Feb 12: Rising for the fourth consecutive month, retail inflation remained in double digits at 10.79 per cent in January, driven by higher prices of vegetables, edible oil, cereals and protein-based items.The retail

  • india s industrial output contracts 0.6 in dec

    India's industrial output contracts 0.6% in Dec

    February 12, 2013 12:34 IST

    New Delhi, Feb 12: India's index of industrial production (IIP) contracted by 0.6 per cent in December 2012, as per government data released on Tuesday.The downfall was contributed by a downfall in electricity generation grew

  • fuel surcharge on train tickets in the offing

    Fuel surcharge on train tickets in the offing

    February 10, 2013 13:21 IST

     New Delhi, Feb 10:  With the recent hike in diesel prices putting an additional burden of Rs 3,300 crore on railways, the PSU behemoth is considering to further increase passenger fares or raise freight charges.Among

  • sebi allows liquidity enhancement schemes in equity cash

    SEBI allows liquidity enhancement schemes in equity cash market

    February 10, 2013 12:49 IST

    Mumbai, Feb 10:  Market regulator SEBI has allowed the stock exchanges to introduce incentive schemes for brokers and intermediaries to enhance liquidity in illiquid securities in the equity cash segment.The decision has been taken pursuant

  • citigroup revises fy14 gdp estimates to 5.7 from 6.2

    Citigroup revises FY14 GDP estimates to 5.7% from 6.2%

    February 10, 2013 12:33 IST

     New Delhi, Feb 10: Citigroup has lowered India's economic growth forecast to 5.7 per cent, from 6.2 per cent earlier, for the next financial year and said continued action from all policy makers is needed

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