MSP of paddy and other Kharif crops has been approved by the Cabinet Committee.
SIAM says Oil Minister's proposal should not be taken up without the approval of heavy industries ministry.
Government today deferred the Fertiliser Ministry's proposal to hike retail prices of urea by 10 per cent
Suggestions were made by a CII delegation that met C Rangarajan,Chairman of Economic Advisory Council to PM.
Standard & Poor's warning that India would be the first among BRIC nations to lose its investment-grade credit rating,citing a variety of negatives about the country's economy,including high fiscal and current account deficits and the combination of a weakening political context for further reform.
Pranab Mukherjee says not all money kept abroad is blackmoney.
Govt postponed a decision on retaining the FDI ceiling in insurance at 26 per cent.
Silver also dropped by Rs 700 to Rs 54,300 per kg on reduced offtake by industrial units and jewellery makers.
RUPEE FALLS: Palanimanickam slams Mauritius on tax treaty,shaves Rs 116,900 cr off Sensex.
NANCY POWELL: 'Retro tax... policy decisions have dampened investment sentiment.'
Transporters said less availability of trucks into the markets,sparked by busy cargo movements.
The Gulf nation has also set a rider that gas price would be hiked by $0.5 every year till it reaches $3 per mmBtu.
Mukherjee said government and RBI will take steps to revive growth.
The companies wants compensation for Rs 48 cr per day loss they incur on selling fuel below cost.
In the Union Budget 2012-13,FM had announced hike in excise duty and services tax to 12% from 10%.
About 450 employees of Ford Motor India were detained today for staging a demonstration.
A salaried male individual below 60 years and earning R10 lakh a year can now save up to R22,660 a year in taxes.
Govt says consultations are on with states to arrive at a broad-based consensus on the issue.
The 1.25 percentage point cut from the 9.5 per cent interest is steepest in over a decade.
Gov has proposed free roaming throughout the country under National Telecom Policy (NTP) 2012.
The Economic Survey 2011-12 said delay in infrastructure projects may affect competitiveness of the economy in long run and called for and "new models of financing" the sector whose funding requirement in the 12th Plan is estimated at around USD 1 billion.
Economy is likely to pick up pace in the new fiscal year and could grow 7.6 per cent.
However,govt also indicated it may not be able to achieve the Budget Estimates of 2011-12.
Hinduja said that there was also a need 'to regularise political funding and eliminate its corrosive influence of corruption.'
The process of presentation of the Budget this year was delayed because of the elections.