Economy

Finance Minister Arun Jaitley hails RBI decision to cut interest rate

Arun Jaitley hailed the decision of RBI Governor Raghuram Rajan to cut the interest rate, saying it is positive for the Indian economy...

Raghuram Rajan policy News

Raghuram Rajan’s RBI effects surprise repo rate cut, analysts say real effect ‘not much’, look to future

Governor Raghuram Rajan-led RBI cut its repo rate by 25 basis points to 7.75 percent in a surprise move on Thursday...

repo rate cut, RBI rpo rate cut, NSE, National stock exchange, RBI rate cut, RBI interest rate, Raghuram Rajan News

Raghuram Rajan’s RBI cuts rate: Expectations rise for more

Raghuram Rajan-led RBI today decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost economic growth.

repo rate cut, RBI rpo rate cut, RBI rate cut, RBI interest rate, Raghuram Rajan, Raghuram Rajan repo rate cut News

RBI rate cut decision driven by declines in inflation: Finance Ministry

Deputy Finance Minister Jayant Sinha, a former McKinsey consultant, says RBI decision was driven by declines in both actual and expected inflation.

jayant sinha indian economy News

Govt likely to retain Rs 65K cr divestment target in FY16

At present, state-owned firms have to have a mandatory 10 pct public float and it is estimated that there are at least 30 PSUs where govt shareholding is more than 75 pct.

SAIL News

Killing the golden goose

The government has got used to getting $10-12 billion in annual spectrum auctions...

Killing the golden goose

Space department nixes Hughes plan in thumbs down to Digital India

Even as the Narendra Modi government promotes Digital India and private investments in defence production...

Economy News

Near-zero WPI ups pitch for rate cut

Comes on the back of benign consumer price inflation data

Near-zero WPI ups pitch for rate cut

SC rejects plea against validity of review rules

The Supreme Court on Wednesday rejected a batch of petitions filed by various companies...

SC rejects plea against validity of review rules

Spectrum charge: Govt wants cases shifted to SC

The government has moved the Supreme Court, seeking transfer of various petitions filed by telecom...

Spectrum charge: Govt wants cases shifted to SC

UP bets on new blocks to bridge gap in fuel needs of power houses

The UP government is set to apply for two additional coal blocks to meet the shortage...

UP bets on new blocks to bridge gap in fuel needs of power houses

FM Arun Jaitley promises regulatory boost for IT, e-commerce

Arun Jaitley urged to grant tax breaks for building infrastructure

Economy News

Indian economy: 4 comfort points on disinflationary process

The continuation of low wholesale inflation was driven by (1) across-the-board sequential fall in manufactured products prices and (2) continuing fall in primary articles and fuel prices.

Indian Economy News

Indian economy likely to grow by 6.4 per cent in 2015: UN

Indian economy is likely to expand by 6.4 per cent this year, driving the economic growth in South Asia, according to a United Nations report...

Indian economy, Indian economy news, Indian economy 2015 News

Vegetable prices soar, but ‘inflation’ queries plunge, turn lowest searched topics on Google

With the spiralling cost of living, thanks to the soaring prices of essential commodities across the country, 'inflation' has been catapulted...

inflation, retail inflation, retail India inflation, retail inflation rate, retail inflation rate in India, retail inflation news, commodities price rise News

Near zero inflation in December puts pressure on RBI to cut rates

Plunging global oil markets helps post slower-than-expected wholesale price inflation in December, raising hopes for an early cut in interest rates.

Economic Survey 2015, Economic Survey, arun jaitley, Economic Survey arun jaitley, News

‘Merge schemes, abolish plan and non-plan expenditure’

n Expenditure Reforms Commission bats for DBT to cover all subsidies...

‘Merge schemes, abolish plan and non-plan expenditure’

India will catch up with China’s growth rate in 2016-17: World Bank

World Bank also forecasts India growth rate at 7 pct each fiscal year 2016 and 2017 as against China's 7 pct and 6.9 pct respectively.

Indian economy, Indian economy growth, economy india, economic growth, economic growth in India News

Jagdish Bhagwati lauds Narendra Modi as people’s PM who is keen on reforms

Jagdish Bhagwati says Narendra Modi is committed to expeditious reforms and guessed that he will open FDI in multi-brand retail in a year.

Jagdish Bhagwati, jagdish bhagwati on modi, Narendra Modi, Narendra Modi news, Modi news, reforms, fdi multi brand retail, fdi multi brand, FDI in multi-brand retail News

Spectrum first: Globally uncompetitive

With the government not too keen to auction more than 5MHz of 3G spectrum next month...

Spectrum first: Globally uncompetitive

Cairn India to get only 5-year extension for Ravva

In a major setback to Cairn India, upstream regulator Directorate General of Hydrocarbons...

Ravva, Ravva oil fields, Ravva Gas fields, Cairn India News

Coal block reallotment hits Bengal-EMTA wall

State and miner refuse to pay SC-imposed fine for extracted coal

Coal India bid News

Govt committed to fiscal discipline: Arun Jaitley

At a meet with economists, FM tries to strike chord with investors

Govt committed to fiscal discipline: Arun Jaitley

Indirect tax mop-up for April-Dec way short of target at 6.7 pct

The Central government's receipts from excise, customs and service tax grew by just 6.7% in the April-December period...

Indian rupee vs us dollar News

SC seeks Centre’s view on consent procedure for cervical cancer drug

In a PIL related to quashing of licences of two vaccines used for cervical cancer treatment, the Supreme Court...

SC seeks Centre’s view on consent procedure for cervical cancer drug

Russia seeks stronger defence ties with India

Make-in-India in focus as defence ministers to discuss miltitary & technical cooperation

Russia seeks stronger defence ties with India

Study identifies ‘weak’ areas in climate change fight

Climate change mitigation measures have received 'subdued' attention in comparison to adaptation interventions...

Study identifies ‘weak’ areas in climate change fight
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