New Delhi, Jan 10: The government on Thursday approved a proposal to inject Rs12,517 crore in public sector banks to help them enhance the lending activity and meet the capital adequacy norms.About 9-10 public sector
New Delhi, Jan 9: Ratings agency Crisil today said a revival in consumption will push up the country's gross domestic product (GDP) growth rate to 6.7 per cent in FY'14, from 5.5 per cent estimated
Las Vegas, Jan 9: Japanese consumer electronics giant Sony today said its Indian operations have emerged as its fourth largest globally, overtaking businesses in Brazil and Russia by the end of December quarter this fiscal.The
New Delhi, Jan 9: The Finance Ministry on Wednesday said it is not worried about the threat of ratings downgrade by global agencies like Fitch as it is moving on the right track and will
New Delhi, Jan 7: Business confidence in India worsened during the October-December quarter, due to high interest rates and infrastructure bottlenecks, a survey by the Confederation of Indian Industry (CII) has revealed.The CII's quarterly Business
New Delhi, Jan 6: Pitching for higher rates of taxes for super rich, Prime Minister's economic advisor C. Rangarajan on Saturday said that the forthcoming budget could look at imposing surcharge on income above a
New Delhi, Jan 4: New Delhi: Diesel, kerosene and cooking gas LPG prices may be hiked soon as the government considers Vijay Kelkar Committee recommendations on cutting fiscal deficit.The Kelkar Committee, which was appointed by
New Delhi, Jan 4: India's economy could expand by around 6 per cent in 2013, World Bank Chief Economist Kaushik Basu said on Friday, attributing the current slowdown to global factors.“It is very-very difficult time
New Delhi, Jan 4: Reserve Bank of India Governor D Subbarao on Thursday said there is a need to preserve the independence of central banks as their mandate has expanded in recent times."The issue of
New Delhi, Jan 3: Majority of businesses in India are optimistic about the domestic economy and hopes for a strong start in 2013, says a survey.According to the Grant Thornton International Business Report (IBR), 71
Kolkata, Jan 3: Prime Minister Manmohan Singh on Thursday said transformation of the agricultural sector should be the top priority of the country's public policies including those on science and technology. He also said that complex
New Delhi, Jan 2: The government on Wednesday constituted the 14th Finance Commission under the Chairmanship of former RBI Governor Y V Reddy, which among other things, will suggest steps for pricing of public utilities
New Delhi, Jan 2: Concerned over rising gold import and widening current account deficit (CAD), Finance Minister P Chidambaram on Wednesday said government is considering steps to make import of the precious metal more expensive. "Demand
Bangalore, Jan 2: India's manufacturing sector growth improved further in December, registering the fastest pace in six months, driven by a strong pick up in new orders, an HSBC survey said.The HSBC India Manufacturing Purchasing
New Delhi, Jan 2: Former RBI Governor Y V Reddy will be the Chairman of 14th Finance Commission, Finance Minister P Chidambaram has said.The Finance Commission has been asked to submit its report by October
Washington, Jan 2: They had 80 hours to finish or fail.Stuck in a "fiscal cliff" stalemate, trust nearing tatters, President Barack Obama and Senate Republicans changed the game after Christmas. It took the rekindling of
Washington, Jan 2: Overcoming Republican resistance, the US House of Representatives late Tuesday night passed the "fiscal cliff" bill by 257 to 167 votes, ending a dramatic New Year's Day showdown over income taxes and
New Delhi, Dec 27: Diesel prices may be hiked by Rs 10 per litre over a 10-month period and kerosene rates increased by same quantum over the next two years if a proposal being mulled
New Delhi, Dec 27: Describing the current economic situation as a difficult one, Prime Minister Manmohan Singh on Thursday hinted at tough decisions like hike in energy prices and reduction of subsidies to achieve the
New Delhi, Dec 27: The rebound in economic growth of Dubai has largely been due to the fiscal policies and monetary stimulus undertaken by the UAE federal authorities besides the resilience of its major trade
Top News
Latest News
