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Govt raises H1 borrowing to Rs 2.99 lakh cr

July 16, 2009 3:29:22 pm

The Government said it has stepped up its market borrowing to Rs 2.99 lakh crore for the first half of the current fiscal against Rs 2.41 lakh crore announced earlier.

Who should earn gas price differential-RIL or RNRL? ADAG

July 15, 2009 5:12:59 pm

Anil Ambani group firm RNRL has questioned the propriety of RIL in raising the issue of profits that it may earn out of the gas it gets from the Mukesh Ambani-run company.

No plans to review subsidies: FinMin

July 14, 2009 12:10:25 pm

India has no plans to review subsidies on food,fertilisers and fuel,Namo Narain Meena,a junior finance minister said.

Problems with PDS foodgrain distribution serious: Pawar

July 10, 2009 4:12:46 pm

Government accepted in Parliament that there have been problems in distribution of foodgrains.

We are back on growth track: Govt

July 10, 2009 4:07:37 pm

IIP is showing signs of improvement,reflecting that the country is back on trajectory of growth.

1.7 lakh vacancies in railways: Mamata

July 10, 2009 1:06:02 pm

Of the total sanctioned strength of 15,66,964 employees,there were 1,72,444 vacancies,Mamata said.

India’s ratings may be lowered on high deficit: S&P

July 8, 2009 4:52:20 pm

S&P said that India's ratings may be lowered if fiscal consolidation is delayed further.

Budget addressed stimulus needs: Montek

July 8, 2009 1:10:05 pm

The 2009 budget was pro-growth and addressed stimulus needs of economy,Ahluwalia said.

Budget consistent with stable outlook: Moody’s

July 7, 2009 1:10:50 pm

Ratings agency Moody's said that the budget for 2009/10 is consistent with a stable outlook.

Budget unlikely to raise cess on petrol,diesel

July 5, 2009 3:35:56 pm

The Budget is not likely to raise the much-talked-about cess on diesel and petrol.

Railway Budget is not Bengal centric: Mamata

July 3, 2009 7:43:20 pm

Railway Minister Mamata Banerjee fought off criticism that her Railway Budget was Bengal-centric.

BJP slams Railway Budget

July 3, 2009 3:22:00 pm

BJP slammed the railway budget saying that it had been prepared in haste and failed to provide the needed impetus.

Rail Budget will make train travel enjoyable: PM

July 3, 2009 2:27:37 pm

The 2009/10 railways budget is a 'competent' job,Prime Minister Manmohan Singh said.

Oil cos to lose Rs 40k cr if prices not raised: Citi

July 2, 2009 6:51:01 pm

Financial firm Citi said that oil companies may lose Rs 40,000 crore in revenues.

Budget ’09: Govt may keep tax rates steady

June 29, 2009 4:57:20 pm

The govt can still afford tax cuts as they could dent revenue receipts and widen fiscal deficit,while an increase in the tax burden could reverse the stimulus needed to accelerate growth.

Monsoon may advance towards MP: MET

June 27, 2009 5:39:54 pm

The MET office said the conditions were favourable for further advance of monsoon into some more parts of MP.

RBI to maintain ample liquidity: Thorat

June 26, 2009 1:54:08 pm

'RBI will make a detailed assessment in July quarterly review of the economy.'

‘Indian economy returning to growth path’

June 21, 2009 1:54:40 pm

The Indian economy is returning to a ‘potential growth path’ after adjusting to intense dislocation.

‘Indian economy to recover in six months’

June 20, 2009 5:18:38 pm

PM's economic advisor predicted that the Indian economy would recover in the next six months.

India largest investor in UK after the US

June 19, 2009 7:47:31 pm

After United States,India is the largest investor in United Kingdom in 2008-09.

‘Inflation to remain in negative territory for 2-3 months’

June 18, 2009 8:58:54 pm

Global financial services provider Citi said that inflation moving into the negative territory is 'no surprise'.

Budget to provide booster to New Pension System

June 18, 2009 3:51:55 pm

The Finance Ministry is likely to provide a booster to NPS in forthcoming Budget by exempting initial contribution to it from income tax.

World needs new reserve currencies: Russia

June 16, 2009 11:58:06 am

Russian President Dmitry Medvedev said on Tuesday world needed new reserve currencies.

Gold remains weak on lower global cues

June 13, 2009 4:21:02 pm

Gold prices extended losses for the third straight day in the bullion market.

Need growth with fiscal discipline: FM

June 11, 2009 12:45:31 pm

Pranab said there was a need to find ways to bring the economy back to higher growth path.

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