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Thursday, January 20, 2022

Union Budget 2011: Delhi govt allocated Rs 1,192 cr

February 28, 2011 5:42:01 pm

Cutting the central assistance,a plan outlay of Rs 1,192 crore was allocated to Delhi Government in the Union Budget which is Rs 36 crore less than last year's Rs 1,228 crore.

Economy to grow 9% in 2011-12: Pranab

February 28, 2011 11:26:01 am

Mukherjee said the economy has regained its pre-crisis confidence.

Budget 2011: Remarkable year but food inflation a concern,says Pranab

February 28, 2011 10:34:45 am

Mukherjee,however,promised the Indian economy is expected to grow at an unwavering 9%.

Rlys net revenue pegged at Rs 11,993cr in 2011-12

February 25, 2011 10:48:02 pm

The net revenue of the Indian Railways is likely to grow by 32.93 per cent to Rs 11,993.13 crore in 2011-12 compared to revised estimated income for this fiscal.

Significant policy shift on direct tax front unlikely

January 20, 2011 1:40:50 am

With the new Direct Taxes Code slated for April 2012 debut,Budget may well bring the last of the changes to the current Income tax law. Given that,it seems unlikely that Budget would attempt any significant policy shifts on the direct tax front.

Chinese delegates overshadow Indian counterparts at Wen’s meet

December 16, 2010 11:20:24 am

Chinese businessmen,who came in large number with their Premier,today overshadowed their Indian counterparts at industry meet with Wen Jiabao here.

Switching on India’s solar future

November 22, 2010 10:08:17 pm

India is confronted with the triple challenges of climate change,energy security and economic development with political will and technological prowess.

The aspiration-achievement gap

November 22, 2010 2:06:39 am

The India Economic Summit jointly organised by the Confederation of Indian Industry and the World Economic Forum has been one of the significant events in the corporate calendar for a decade and the recently concluded event in Delhi provided rich food for thought as India sees itself through the lens provided by the partnership talk during the recent Obama visit.

Food inflation eases to 10.30 pct

November 18, 2010 12:02:36 pm

In the prior week,annual food and fuel inflation stood at 12.30 pct and 10.67 pct.

Scope for infra development

November 18, 2010 2:31:05 am

In the last six years,India has maintained a steady GDP growth of over 8% barring a slight blip in 2009-10 when growth dropped to 7.2%.

India-Africa partnership to mark 21st century global economy

November 16, 2010 6:41:32 pm

“The India-Africa partnership is going to be a defining one in this century," Anand Sharma.

India needs inclusive and sustainable growth

November 16, 2010 6:33:37 pm

'Public-private partnerships are creating sustainable and scalable business models'

India-US ties to shape economic policies globally

November 16, 2010 2:41:27 am

This year’s India Economic Summit is being held immediately after the historic visit of President Barack Obama. The US President’s visit has set the stage for the Summit.

What needs to be implemented in India today

November 15, 2010 3:27:20 am

If there is a weakness in our society it is in our ability to implement plans. If plans were horses we would have been a heaven on earth by now.

Govt,pvt sector must join hands to resolve challenges

November 12, 2010 1:21:59 am

Even as we celebrate India’s positive economic strides,we need to work to overcome the challenges that stand in the way of true,inclusive growth.

Over 700 corporate honchos to attend India Economic Summit

November 11, 2010 6:38:10 pm

Over 700 corporate honchos will assemble here for three days from November 14.

India has nothing to fear,a lot to gain

November 11, 2010 1:55:01 am

As the Indian economy looks to scale up,its foremost challenge is not the absence of any reform,but tardy implementation of projects at all levels. Slippages on the path to the targets continue to deprive the fast-growing economy of optimal benefits from stepped-up public and corporate funding.

Obama starts India trip with $10 bn biz deals

November 6, 2010 6:12:34 pm

Obama said,Indo-US relationship is going to be one of the defining partnerships of 21st century.

Drop oversight role of Centre,says GST panel

October 30, 2010 12:09:59 am

To hammer out a consensus,finance ministers of states are meeting in Goa on Friday and Saturday.

Add zing to your Diwali wishes with Snapfish

October 25, 2010 5:46:14 pm

Snapfish is coming out with a slew of cool,unique and personalized products.

Incredibly expanding bills

October 20, 2010 10:56:31 pm

The global economic recession has had a variety of fallouts. But the most crucial and direct of these has been the substantial build-up of huge levels of public and private debt.

‘Not right time to deregulate diesel’

October 11, 2010 2:45:31 pm

Giving reprieve to transporters,govt has said it was not the right time to deregulate diesel prices.

Miners with political links shell out record advance tax

October 11, 2010 2:10:52 am

India's top taxpayers include Congress' YS Jagan Mohan Reddy,the late-and-much lamented YSR's son.

India trade deficit seen at all-time high

September 16, 2010 10:13:47 am

India seems to be heading for an all-time high trade gap of $135 billion this fiscal.

GDP flap could put rate hike plan on freeze

September 2, 2010 12:47:32 am

Even as the government said it will not scale down the April-June quarter GDP growth number of 8.8% released on Tuesday,an internal analysis of the data by government agencies has pinned the discrepancy on the incorrect use of inflation numbers. Minus the mistake in the inflation or deflator,while the GDP at factor cost will stay unchanged,the market price based estimate will climb to near 10%. However,the question marks on the scale of the revival in the economy could mean the Reserve Bank of India will not raise key interest rates anytime soon. Finance minister Pranab Mukherjee told reporters the government will stick to the GDP growth forecast range of 8.50-8.75% for 2010-11,despite the data which showed the demand and supply figures for the economy differing by a wide margin. According to Pronab Sen,former chief statistician,the deflator used to arrive at the production based GDP data is about 12.9%,but the alternative estimate of expenditure-based estimate has used a deflator of 21%,patently wrong. “If the two had used the same inflation index,the market price based estimate will climb to 10%,” he said.

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