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Govt to introduce polymer bank notes

The government will introduce 100 crore pieces of polymer notes in Rs 10 denomination in a bid to increase their lifetime, the LS was informed.

Indian to grow @8% next fiscal: Nomura

The Indian economy is likely to grow by eight per cent in the next fiscal, Nomura has said.

PM to focus on inclusive growth at 9%

PM said his agenda is to bring India's economy back to 9 pct growth rate.

Cut expenses by 10%: Finmin advises ministries

Facing revenue shortages, the Finance Ministry has advised all the ministries to cut expenditure on domestic and foreign travel and advertising by 10 per cent, the Lok Sabha was informed.

India to play a proactive role in SAARC

Economic integration of all the eight South Asian countries posses a challenge to the political leaders of the region.

Not looking at tax on inflows: Ahluwalia

India is not considering imposing tax and wants inflows to rise more, says Ahluwalia.

13th Finance Commission to submit report soon

The country’s Thirteenth Finance Commission which is scheduled to submit its report on federal transfer of resources to state governments on December 31, 2009 is likely to make special provision for green budgets for both the state and central governments.

'Don't expect much from Copenhagen meet'

India has said that it does not expect that anything much could be achieved at the 10-day long crucial climate change negotiations scheduled in Copenhagen from December 7, 2009.

ICSI proposes 7-firm cap on directors

The maximum number of listed companies in which an individual can serve as a director should not be more than seven, proposed the Institute of Company Secretaries of India to the ministry of corporate affairs.

Draw export plan of $300 bn: Assocham to Govt

India should aim to increase its merchandise exports to USD 300 billion by 2014 and adopt a multi-pronged strategy to accelerate competitiveness of domestic goods in global markets, Assocham said.

Food inflation rises to 14.55 pct

Food inflation shot up to 14.55 pct for the first week of November as pulses turned costlier.

JC to be set up in states for input on GST

A Joint committee at the level of the states will be made and that will be a part of the exercise for preparation to implement GST.

'Small businesses' tight credit hurts recovery'

Geithner said tight credit for small business would hinder the economic recovery.

Goldman Sachs head apologises for financial crisis

The head of Goldman Sachs, Lloyd Blankfein, has apologised for the role the financial services major played in pulling down Wall Street titans that rattled the entire world.

'BRIC countries represent economic shift'

The rise of BRIC countries represents a fundamental shift in global economy.

'G20 at centre of US' cooperative effort'

Obama Admin is placing the forum at the centre of its economic cooperative effort: Geithner.

For economic relations with India, talk to pvt sector: Tharoor

Union Minister Shashi Tharoor said when it comes to economic relations with India it was more important to talk to the private sector than the public sector.

Govt clears 17 FDI proposals of 1,158 cr

The government approved 17 foreign direct investment proposals worth Rs 1,158.78 crore.

India targets $50-billion FDI by 2012

With economies reviving from the global meltdown, India is targeting annual foreign direct investments worth $50 billion by 2012. It would double the inflows by 2017.

Gold crosses Rs 17k-level in early trade

Gold prices crossed the Rs 17,000 level for the first time in the history.

India may grow by 6-7%: CII survey

India Inc projected country's economic growth in the range of 6-7 per cent for this fiscal.

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