New Delhi, Dec 2: India is likely to emerge as the second most competitive economy in the world after China in terms of manufacturing competitiveness in the next five years, a report has said.As per
New Delhi, Nov 30: Terming the second quarter economic growth rate of 5.3 per cent as "below expectations", Finance Minister P Chidambaram today said it was mainly due to scanty rainfall and poor showing by
New Delhi, Nov 30: India's economy grew at a lower-than-expected 5.3 percent in the second quarter for the current financial year compared to 5.5 per cent in the first quarter, government data showed on Friday.The
New Delhi: These sons and daughters of India's super-wealthy have a life that billions could only imagine. They have been to some of the best schools, colleges and are lucky enough to afford the best
Male, Nov 28: GMR Group on Wednesday said the Maldivian government's decision to scrap the airport development contract awarded to it as “irrational and unlawful”.The Maldives cabinet has decided to terminate the contract given to
New Delhi, Nov 28: The government has disallowed $1 billion expense on Reliance Industries (RIL) operated KG-D6 gasfields in Andhra Pradesh for not implementing the approved field development plan, parliament was told on Tuesday."The average
Mumbai, Nov 25: Amid logjam in Parliament, Finance Minister P Chidambaram sought support of the Opposition in pushing through economic reforms, saying economy is not a football that can be kicked around by political parties.“Economic
New Delhi, Nov 21: The Reserve Bank of India (RBI) on Wednesday hinted at infusing more liquidity into the market if the need arises, deputy governor with the central bank Keshab Chandra Chakrabarty said.It was
Washington, Nov 21: India will receive a record $70 billion remittances in 2012, topping the list of developing countries which are expected to receive a total of $406 billion this year, the World Bank has
New Delhi, Nov 20: The Oil Ministry has withdrawn a note it had circulated to the members of a ministerial panel opposing hike in price of gas produced by Reliance Industries, as the Rangarajan Committee
New York, Nov 20: MasterCard's India-born CEO Ajay Banga and ICICI Bank chief Chanda Kochhar have been named by Fortune magazine among the '2012 Businesspersons of the Year', an annual ranking of 50 global leaders
Mumbai, Nov 17: India's foreign exchange (forex) reserves went down by $781.5 million for the week ended November 9, Reserve Bank of India (RBI) data showed on Saturday.The reserves had declined by $950.3 million to
New Delhi, Nov 15: Finance Minister P Chidambaram on Thursday said he has asked RBI to finalise guidelines for new bank licenses and start accepting applications for the same pending passage of the Banking Laws
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