economy News

Lifting of Goa mining ban may help bridge India's CAD

Almost the entire iron ore production from Goa is exported, translating to an additional Rs 6,800 cr of foreign exchange earnings from the sector.

SC order on mining in Goa is expected to help remove some more red ink from current account.

SC seeks govt reply on GM crop trialsEditorial: Mining for lessons
The growth is the slowest since 2001-02 when demand had expanded by 0.4 per cent to 100.432 million tons. Reuters
Fuel demand grows by 0.7 pct in FY14, slowest in last 12 years
India's fuel demand rose by its slowest pace in almost 12 years after monthly price increases chippe...

Andhra Pradesh clocks highest growth in milk production: Assocham report

Andhra Pradesh has recorded highest growth in terms of both milk production and per-capita milk avai...

Expert group report on junk food 'diluted' by FSSAI: Sunita Narain

Sunita Narain also said that she was in favour of a ban on junk food in schools.

In Indian mining town, nexus between politics and crime plays out

Stooping to feed grain to a black cow as a religious offering at his unfinished mansion, Indian poli...

Much to learn from India growth strategy: Jagdish Bhagwati, Arvind Panagariya

Bhagwati and Panagariya demonstrate how growth was the strategy deployed to reduce poverty.
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Delhi ranked 21st in shopping centre development
India continues to see a wave of new shopping mall development.
Montek Singh Ahluwalia: US stimulus issue not to impact capital flows into India
India does not depend on short-term borrowing, PlanCom Dy Chairman Montek Singh Ahluwalia said.
For now, Railways plans desi bullet trains on a few routes @ 130 kmph
Bullet trains might yet be a far-fetched dream for the country due to high costs involved
Chidambaram to visit Dubai tomorrow to woo investments
P Chidambaram will be visiting Dubai to sell India's growth story to sovereign wealth funds.
India should embrace modern economy path: US think-tank
India's economic success is increasingly threatened by innovation mercantilist policies: US think-ta...
Natural gas price hike puts P. Chidambaram in corner over Reliance Industries
Gurudas Dasgupta alleged a 'gigantic scam' was in the making in the Oil Ministry's proposal to hike ...
Finance ministry gets on with Budget work, seeks tax inputs from industry
Changes in both direct and indirect taxes will be considered to broaden the tax base.
FM pegs fuel subsidy for current fiscal at Rs 20,000 cr
Chidambaram today said cash payouts to oil firms this fiscal will be just Rs 20,000 crore.
India's 2013/14 fuel demand growth slowest in over a decade
India's local fuel sales increased at their slowest pace in more than a decade in the year to March,...
86% of Indian businesses want more tax guidance: Thornton report
Around 68% of businesses globally would welcome more global cooperation and guidance.
India may drag US to WTO in case of unilateral IPR action
This was decided at a high-level meeting called by Cabinet Secretary Ajit Seth to discuss problems r...
CAD to worsen in Q2 after improving in Jan-Mar quarterr: Nomura
India's current account deficit is expected to show some improvement in the January-March period.
Curb on gold import not sustainable in long run: Comm Secy
The Commerce Ministry today pitched for removal of restrictions on gold imports saying it is not sus...
FinMin agrees to pay pending oil subsidy bill of Rs 40K crore
Govt to retain the current system of trade parity pricing for OMCs.
India concludes pact with US on tax evasion under FATCA
The 'in substance' agreement with India under Foreign Account Tax Compliance Act (FATCA) was conclud...
India in depth: A costly flirtation with 'linkers'
India is set to join the small but growing club of nations whose governments issue inflation-indexed...
Raise IT slab from Rs 2 lakh to Rs 5 lakh, demands Arun Jaitley
Arun Jaitley today demanded a raise in the Income Tax ceiling from Rs two lakh to Rs five lakh, whic...
Economy turning around, growth to exceed 6% this fiscal: PM
Prime Minister said that the economic growth is expected to recover in 2013-14.
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