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Friday, May 27, 2022

Costlier onion,other food items push headline inflation to 6.1% in August

September 16, 2013 12:34:35 pm

The inflation was at 5.79 per cent in July and 8.01 per cent in August,2012.

Economists slam PMEAC’s growth,inflation forecasts

September 13, 2013 4:37:18 pm

Experts say they don't see any sign of recovery in the second half of the current fiscal.

PMEAC’s C Rangarajan lowers GDP growth estimate to 5.3 per cent for FY14

September 13, 2013 11:33:46 am

Panel says CAD to moderate to 3.8 per cent of GDP in 2013-14 from 4.8 per cent a year ago.

Investment tax credits could revive economy: IIM-A professor

September 12, 2013 9:38:09 pm

The economic 'crisis' which has persisted for over a year now,was anticipated way back in 2011 by many.

India’s GDP growth likely to be at 5.2 pct in 2013: UNCTAD

September 12, 2013 5:59:54 pm

The growth rate is expected to moderately decline to about 7.6 pct in 2013 from 7.8 pct last year.

Durga Puja industry to touch Rs 40,000 cr by 2015: Assocham

September 9, 2013 10:14:28 pm

Presently,the current size of the Durga Puja industry is Rs 25,000 crore.

Double digit export growth likely to continue in August: Com Secy

September 9, 2013 8:12:05 pm

In July,exports registered a growth rate of 11.64 per cent,the most in nearly two years.

Engineering imports adding to current account burden: EEPC

September 8, 2013 6:03:40 pm

Engineering export body EEPC India today said large imports of engineering goods,in addition to crude oil and gold,are exerting pressure on country's current account.

Intelligence agency sounds ‘alert’ to check gold smuggling

September 8, 2013 2:30:21 pm

An alert has been sounded by a financial intelligence agency to all international airports and other transit points within the country to check smuggling of gold.

Rs 1.27 lakh crore indirect tax revenue stuck in litigations

September 8, 2013 2:23:37 pm

Of the total of Rs 1,27,897.39 crore pending demand,Rs 73,274.74 crore was for service tax and Rs 54,172.65 crore for excise duty,it said.

India Inc to slash festive budgets,give out lower bonuses: Assocham

September 8, 2013 1:41:00 pm

The cut in corporate budgets and curtailing of bonuses would have wider ramifications,dampening the already subdued business environment further.

Jawaharlal Nehru was no god,we questioned his policies: Haksar daughter

September 8, 2013 1:11:58 pm

'My father allowed me to question his policies,ideas and even values.'

Foreign direct investment up 6 pct to USD 10.87 bn in Jan-Jun 2013

September 8, 2013 11:21:04 am

FDI into India increased by 6 pct year-on-year to USD 10.87 bn during first six months of this year.

India,Rajan and the Great Man fallacy

September 6, 2013 11:11:22 am

By creating an essentially off-balance-sheet way for the central bank to subsidize but not completely underwrite capital flows,Rajan intelligently worked around his main problem.

Haryana tops in investment implementation,while Gujarat records lowest: Assocham

September 5, 2013 4:34:21 pm

Jammu and Kashmir,Punjab,Assam and Chhattisgarh are amid top five states.

India’s inverted yield curve fails rupee and slams economy

September 5, 2013 3:38:04 pm

The RBI measures though are also taking a toll on the banking sector.

Raghuram Rajan: First speech as new RBI Governor

September 5, 2013 10:34:50 am

'India is a fundamentally sound economy with a bright future.'

Sovereign bonds may expose India to poor credit rating: Analysts

September 5, 2013 12:03:40 am

A fresh debate has triggered on implication for domestic firms raising money from abroad.

Nothing new in S&P warning of downgrade: Raghuram Rajan

September 4, 2013 9:21:23 pm

S&P had said yesterday that there is one third possibility of a rating downgrade of India.

Raghuram Rajan says RBI governorship not meant to win Facebook ‘likes’

September 4, 2013 9:21:22 pm

Raghuram Rajan cited Rudyard Kipling while stating his intent to do the right thing,even amid criticism.

Garment exports up 19 pc to $1.27 bn in July: AEPC

September 4, 2013 3:29:21 pm

During April-July 2013-14,garments exports grew by 13 per cent to $4.84 billion,AEPC said in a statement.

RBI intervenes aggressively to support faltering rupee

September 4, 2013 12:37:27 pm

Traders cites hopes that Raghuram Rajan will bring a new approach to RBI's defence of the rupee.

Services PMI shrinks to weakest since 2009

September 4, 2013 11:13:26 am

Services activity slipped to 47.6 in August,the weakest since April 2009,from 47.9 in July.

Indian investors optimistic about global economy: Study

September 3, 2013 6:59:02 pm

The Indian and US investors' levels of intent to invest in India is 3.72 and 2.8,respectively.

Goldman Sachs cuts India’s GDP growth forecast to 4 pct,sees rupee at 72 to US dollar

September 3, 2013 3:36:30 pm

Goldman Sachs report says worse-than-expected data has come in for Q2 2013.