The latest outflow comes after overseas investments in the stock market hit seven months low in September. Thinkstock
July 4, 2015 2:52 am

McKinsey said firms backed by private equity generally improve their corporate governance by, for example, introducing independent committees for audit and compensation and enhanced board oversight.

m_id_291531_india_economy48
July 3, 2015 10:31 am

But India's GDP growth rate is still expected to surpass China's this year for first time since 1999.

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July 1, 2015 8:00 am

Greece has received nearly 240 billion euros from the European Union and IMF since 2010. The money has allowed it to stay afloat but at a high cost to its population, which has absorbed cuts to pensions, wages and public services.

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June 30, 2015 12:56 am

BSE benchmark Sensex which crashed by 602 points at one stage on Monday staged a partial recovery to end with a loss of 167 points at 27,645.15.

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June 30, 2015 12:51 am

Greece closed its banks and imposed capital controls on Sunday to check the growing strains on its crippled financial system.

Ravi Shankar Prasad
June 28, 2015 1:22 am

Digital India will broadly aim at four things: bridging the digital divide, improving governance, harnessing power in the common man’s hand, and a politically and ideologically neutral campaign.

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June 26, 2015 2:37 pm

Raghuram Rajan has asked central banks from across the world to define "new rules of the game."

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June 23, 2015 12:48 pm

Govt intends to provide $9 billion to public sector banks towards recapitalisation over the next two fiscal to meet global risk norms and for growth: Finance Secretary Rajiv Mehrishi

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June 21, 2015 12:40 am

Fresh holders of a mining lease or a prospecting licence-cum-mining lease to pay the DMF an amount equivalent to one-third of such royalty.

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June 17, 2015 1:44 am

The central government will increase the number of workdays under the rural job guarantee scheme from 100 to 150 in drought-affected areas, said sources.

vedanata-m
June 17, 2015 1:38 am

Cairn India has Rs 16,867 crore of cash on its books, while Vedanta has debt of Rs 37,636 crore, leading to concern among minority shareholders.

anita-kapur-m
June 17, 2015 1:31 am

CBDT chairperson Anita Kapur said that the income tax department will ensure that chronic evaders are not able to get away without facing court cases.

export-m
June 17, 2015 1:24 am

Combined exports of April-May stood at $ 44.40 billion as against $53.63 billion in the corresponding period a year ago, down 17.21 per cent.

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June 16, 2015 1:35 am

Inflation in May last year was 6.18 per cent. The lower inflation comes amid a forecast of deficient monsoon this year.

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June 11, 2015 6:29 pm

With an expected growth of 7.5 per cent this year, India is, for the first time, leading the World Bank's growth chart of major economies," said Kaushik Basu.

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June 2, 2015 8:51 pm

The RBI’s target inflation rate is 6% by January 2016 and the central bank wants to reduce inflation to 4% over the coming couple of years.

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May 30, 2015 2:21 am

Welcoming the GDP data, finance minister Arun Jaitley said that manufacturing and services sector trends indicate India can grow at 8 to 9 per cent or even higher.

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May 30, 2015 11:51 am

Arun Jaitley: Absolutely clear that the economy is in recovery mode

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May 28, 2015 2:48 am

On the poor condition of discoms, Goyal held states responsible for being fiscally imprudent over the years.

Arun Jaitley, Delhi news, India news
May 26, 2015 1:53 am

For the current financial year, the minister said, direct tax collection was likely to improve by 14-15 per cent and there was possibility of government improving upon the fiscal deficit target of 3.9 per cent.

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May 22, 2015 2:52 am

The new formula being proposed by the civil aviation ministry for permitting airlines to start international operations, once approved, will replace the ‘5/20’ norm.

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May 20, 2015 4:20 pm

"The government is "sensitive" to the concerns of investors and is looking into addressing economic issues, he said.

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May 15, 2015 6:19 am

RBI in constant dialogue with Centre to see how we can make it function effectively: Rajan on PDMA.

May 12, 2015 1:50 am

Senior advocate Kapil Sibal, who appeared for the company, pointed out that when the CBI prosecuted Raju brothers, Tech Mahindra was not named as an accused and the same principle could be followed by ED.

Fortumo480
May 8, 2015 6:36 pm

For Indian companies willing to enter the European market, Luxembourg is the perfect place to establish European or global headquarters.

Ambassador of the European Union to India
May 8, 2015 11:55 am

Policy framework developed by EU, but implemented by 28 member-states, says Dr João Cravinho, Ambassador of the European Union to India.

Canadian Margaret MacMillan
May 8, 2015 11:49 am

Canadian Margaret MacMillan was in New Delhi recently at the invitation of the European Union to share her insights into the causes of the war and its consequences.

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May 8, 2015 10:28 am

Benchmark BSE Sensex rose by 374.72 points or 1.40 per cent to 26,973.83 in early trade.

Coal Block
May 6, 2015 2:02 am

The mines together have 50-60 mn tonnes of reserves.

manufacturing
May 4, 2015 4:28 pm

Falling inflation and a slowing manufacturing industry would reinforce expectations that the Reserve Bank of India will again cut interest rates soon from the current 7.5 percent.

Food-inflation
May 3, 2015 12:41 pm

WPI-based inflation has been in the negative zone since November 2014 mainly on account of cheaper food and fuel products.

April 18, 2015 3:08 am

Important that domestic demand is main driver of growth: Rajan

April 18, 2015 3:05 am

The forecast comes just days after the IMF as well as the World Bank estimated that India would grow at 7.5 per cent in 2015-16.

goods
April 18, 2015 3:02 am

Contraction in engineering goods, electronics, gems, jewellery exports.

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April 16, 2015 9:37 pm

The IMF Managing Director’s Global Policy Agenda (GPA) document released on Thursday said there is a need for countries including India to accelerate structural reforms to lift growth potential and ensure inclusiveness.

Moody's-s-reuters
April 10, 2015 4:57 am

Upgrades India rating outlook from ‘stable’ to ‘positive’.