economy News

India business sentiment at over three-year low: Survey
Reuters: Jun 19, 2013 at 1035 hrsHowever, Asia's top companies have become more optimistic about their business outlook.
To re-charge sputtering economy, Prime Minister okays eight-week plan with clear deadlines
Pranab Dhal Samanta : New Delhi, Jun 19, 2013 at 0242 hrs ISTDays before Monday’s Cabinet reshuffle, Prime Minister Manmohan Singh, along with Finance
Mayaram panel bats for FDI hike in defence, telecom, retail, proposes overhaul
ENS Economic Bureau: Mumbai, Jun 19, 2013 at 0233 hrs ISTProposing a comprehensive overhaul of the country’s FDI regime.
Nitaqat Law: Procedures taken are in Indian workers' interest, says Saudi FM
PTI: Jeddah, May 25, 2013 at 2047 hrs ISTThe law makes it mandatory for local firms to hire one Saudi national for every 10 migrant workers.
As Narendra Modi arrives, Montek Singh Ahluwalia's office turns into fortress
Press Trust of India: Jun 18, 2013 at 1728 hrsEven accredited media persons were denied entry to cover Narendra Modi's visit.
'India's growth strategy holds lessons for developing nations'
PTI: Washington, May 25, 2013 at 1622 hrs ISTHowever, further reforms in labour and land markets are essential to translate growth into more employment.

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Narendra Modi spars with Montek Singh Ahluwalia over underachiever Gujarat
Press Trust of India: Jun 18, 2013 at 2009 hrsPlanCom chief tells Narendra Modi he is not doing enough in Gujarat.
Much to learn from India growth strategy: Jagdish Bhagwati, Arvind Panagariya
Press Trust of India: Washington, May 25, 2013 at 1610 hrs ISTBhagwati and Panagariya demonstrate how growth was the strategy deployed to reduce poverty.
India set to lose diaspora's friendship
Reuters: Singapore, Jun 18, 2013 at 0940 hrs ISTNRIs currently have $47 billion parked in rupee deposits at Indian banks.
Montek Singh Ahluwalia: US stimulus issue not to impact capital flows into India
Press Trust of India: New Delhi, May 24, 2013 at 1837 hrs ISTIndia does not depend on short-term borrowing, PlanCom Dy Chairman Montek Singh Ahluwalia said.
FIPB clears 16 FDI proposals worth Rs 1,647 cr
PTI: New Delhi, Jun 18, 2013 at 1454 hrs ISTThe government has approved 16 projects envisaging foreign investment worth Rs 1,647 crore.
Chidambaram to visit Dubai tomorrow to woo investments
PTI: New Delhi, May 25, 2013 at 1517 hrs ISTP Chidambaram will be visiting Dubai to sell India's growth story to sovereign wealth funds.
RBI's status quo influenced by external factors: Rangarajan
PTI: New Delhi, Jun 17, 2013 at 1533 hrs IST'The current account deficit (CAD) is high and more recently the rupee has been under pressure.'
Natural gas price hike puts P. Chidambaram in corner over Reliance Industries
Press Trust of India: May 24, 2013 at 1559 hrsGurudas Dasgupta alleged a 'gigantic scam' was in the making in the Oil Ministry's proposal to hike gas prices.

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