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FM to launch first housing index today
The half-yearly index will be an authoritative indicator of how housing prices moved in cities, said Ashok Lahiri, chief economic adviser in the finance ministry.

Tough FTA rules to curb trade diversions

Being on an overdrive to ink several free trade agreements following the recent collapse of the WTO talks, India is now mulling tightening standards on rules of origin of goods by including new ‘product-specific’ norms.

FM to launch first housing index today

India’ first housing price index, called the NHB Residex, will be launched by finance minister P Chidambaram on Tuesday.

Tough FTA rules to curb trade diversions

Being on an overdrive to ink several free trade agreements following the recent collapse of the WTO talks, India is now mulling tightening standards on rules of origin of goods by including new ‘product-specific’ norms.

Ministry plans intercropping to increase yield of pulses

The agriculture ministry has drawn out plans to increase the yield of pulses through intercropping of cereals, cotton, sugarcane and oilseeds, and targeting rice fallows of southern, eastern and central states.

Rising grain prices push inflation to 4.13%

Inflation rose to 4.13% for the week ended June 23 from 4.03% in the previous week mainly due to rising prices of food articles and manufactured products.

House panel seeks freeze on new SEZs, wants change in the law

A parliamentary committee on SEZs, headed by senior BJP leader Murli Manohar Joshi, has demanded an “immediate freeze” on the approval of new SEZs, until the law regarding this is amended to “protect farmers and other stakeholders”. The committee, in its report, has also hit out at the UPA government for its “undue haste” in clearing “hundreds” of SEZs.

Firms not paying CCI fines may be tried by taxmen

Companies that refuse to pay monetary penalties set by the Competition Commission of India (CCI) are likely to be tried. According to a proposal being considered by the government, the CCI may decide to refer such cases to the income tax authorities for recovering tax arrears.

India: a market for banned drugs

Thanks to a virtually “absent” adverse drug reaction mechanism in the country, drugs like Analgin, Cisapride, Nimesulide, and Piperazine, discarded worldwide due to serious side effects, are among the bestsellers in India.

CCEA nod to Rs 77.25 cr for 13 central PSEs

The Cabinet Committee on Economic Affairs on Thursday sanctioned a budgetary support of Rs 77.25 crore for 13 central public sector enterprises under the department of heavy industries. The amount would be used to liquidate wages and other arrears of employees of these 13 CPSEs.

Competition clause may find a place in FTAs

India is considering incorporating ‘competition clauses’ in its future bilateral trade pacts to prevent global ‘hard-core cartels’ from entering the country, and also to punish them for any wrongdoing.

Retail biggies going bananas over apples

The scramble for apple is all set to go intense this year as retail biggies including Reliance Fresh and Aditya Birla Group are all set to enter Himachal Pradesh for direct procurement.

Textile ministry seeks corporate hand to weave Vidarbha story

The ministry of textiles has charted out a strategy to improve the conditions of cotton growers in the Vidarbha region.

Govt plans one cross-sector watchdog

The government is exploring the possibility of having a common regulator for various industrial sectors. The idea is to bind together varied regulations in a single and coherent regulatory framework.

GAIL (India), China Gas form JV

Now, realtors offer warranty

New emission standards for pesticides industry

‘Maha set to be Asian manufacturing hub’

Bourses need to hold 51% in clearing corps: Finmin

Textile companies weave plans to revive 18 ailing NTC mills

Fresh preference shares norms to benefit a few

Indo-Thai FTA on goods to be reality by Sept

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