Economy

Indian rupee to outperform Asian peers in 2015: HSBC

Indian rupee will continue to outperform its Asian peers, which are likely to weaken further against the US dollar in 2015.

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Now, Finance Ministry invokes national security, refuses to share details on black money probe

Finance Ministry has declined to disclose information on exchange of correspondence among authorities in connection with the black money probe.

Duty hike on petrol, diesel to fetch Rs 10,500 crore this fiscal

The government will get an additional Rs 10,500 crore in the current fiscal from hike in excise duty on petrol and diesel.

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PM Narendra Modi govt gets thumbs up from Indian consumers, shows ZyFin index

Consumer confidence improves, signals end to disappointment over economic state voiced across last two years.

Inequality worst in decades in range of countries: OECD

The gap between the rich and poor in a range of countries has reached its widest in 30 years and the trend has harmed growth.

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India the brightest spot in Asia Pacific region: Standard & Poor’s

India has emerged as the brightest spot in the Asia Pacific region as reform has picked up pace in the country in recent months.

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Gujarat clocks over 48,000 sick MSME units in 2014

The number of sick MSME units in Gujarat is only second to Uttar Pradesh which has over 63,000 sick units

PMO to EPFO: Invest 15% of funds in low-cost housing

Prime Minister’s Office has worked out a plan to ensure credit flow of Rs 2.3 lakh crore to home loans that would help build 11.5 lakh such homes.

Balance of Payments gets FII boost even as current account deficit widens

India’s current account deficit (CAD) widened to $10.1 billion or 2.1% of gross domestic product...

Spectrum norms to get delayed, likely after Feb

DoT wants to wait for Feb auctions before coming up with guidelines

3G roaming issue: Supreme Court seeks reply from major firms

The Supreme Court on Monday sought reply from Tata Teleservices, Vodafone, Bharti Airtel, Idea Cellular...

Parliamnet nod sought for Rs 12k-cr expenditure

Falling crude oil prices and deferment of the food security law roll-out are set to help the Modi government...

‘Shared till’ model for Navi Mumbai international airport

Ministry clears model to attract bidders for the greenfield project

Nepal wants petroleum product pipeline as ‘gift’ from India

But reluctant to offer 25-year exclusive contract to IOC that will lay 41-km pipeline

Supreme Court to examine Reliance Industries plea against PNGRB order

The Supreme Court on Monday decided to examine Reliance Industries' appeal challenging PNGRB's...

2 petitions in Supreme Court over coal ordinance

Just a few days before the NDA government intends to introduce a Bill in Parliament seeking to replace coal block allocation ordinance...

‘Corporate governance better, women representation still abysmal’

The representation of women on boards of top Indian companies continues to remain low even as corporate governance...

Indian markets not expensive yet: Credit Suisse

Adding to the slew of bullish forecasts for India, foreign brokerage Credit Suisse believes the country will remain an outperformer...

Editorial: Decentralising planning

More Finance Commission funds is a better idea

Russia may set up 20-24 nuclear energy units in India

Russia may set up 20-24 nuclear energy units in India as the two sides are likely to come out with a road map for cooperation in the energy...

Balance of payments narrows but remains in surplus for fourth year in a row

The country's balance of payments (BoP) remained surplus for the fourth consecutive year at 6.9 billion dollar...

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Policy reform to support India’s growth potential: Moody’s

The outlook for India's rating would improve if fiscal, inflation and infrastructure metrics get better...

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Current account deficit rises to 2.1 pct in Q2 as gold imports soar

The current account deficit widened to 10.1 billion dollar or 2.1 per cent of GDP for the September quarter as against 1.2 per cent in the year-ago...

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RBI to release norms for single authentication in a month: Dy Guv H R Khan

To make online transactions easier, the Reserve Bank will soon come out with single authentication payment...

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India sees clear pick up in growth momentum: OECD

Reflecting improved prospects, India is the only major economy seeing a "clear pick up in growth momentum"...

India for early financing of Green Climate Fund

India today insisted on early financing of the Green Climate Fund to reach the USD 100 billion target.

Indian economy to see fastest ‘USD nominal growth’ in world in 2015: Credit Suisse

India's economy will see the fastest USD nominal growth in the world in 2015, Credit Suisse says.

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