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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.