There is no change in overall rate structure of Basic Custom Duty. However,there has been a change in duty structure applicable to crude petroleum and refined petroleum products.
Indian Express.com asks its readers to don the finance ministers cap and tell us what they would have done differently.
India's foodgrain production is estimated to decline by 7.51 per cent to 216.85 million tonnes.
The euro and growth-linked currencies fell Monday as investors unwound risky trades.
The Committee on Prices is likely to consider various options to curb rising inflation.
The loans are part of the bank's $14 bn lending for India over three years through 2012.
The newly-appointed RBI deputy Governor Subir said the economy has returned to normalcy.
The governments revenue collection from central excise,service tax and customs is likely to fall short by Rs 15,000 crore.
MEF meeting on Climate Change concluded in Washington with differences remaining on critical issues.
US believes WTO members must work hard to fill in the remaining gaps to clinch a Doha deal.
South Korea's economy grew more strongly than expected in the second quarter.
India said it is working to a form a rainbow coalition among 153-WTO member countries.
Japan's economy returned to growth in Q2,ending its longest recession since World War Two.
Positive trend in industrial output is expected to continue,Montek Singh Ahluwalia said.
The WPI was down in recent 7 weeks,and decline is expected to continue this year,CMIE said.
The worst US recession since the Great Depression will probably end in the third quarter.
The govt said its plans to raise funds will provide more flexibility for its cash management.
India's software exporters are exploring new markets in the middle east and Africa to increase IT exports.
Under pressure from the Left and the Samajwadi Party,the Government agreed for a debate in the Lok Sabha on the issue of price rise on Wednesday.
India's exports of fruits and vegetables are rising but they still remain low when compared with production.
Obama said,conditions would be even worse if the government had not provided a bailout.
Federal Reserve Chairman fought hard to protect the independence of the US central bank.
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.
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.
India has no plans to review subsidies on food,fertilisers and fuel,Namo Narain Meena,a junior finance minister said.








