Economy

Wholesale price rise is zero, will RBI act?

Wholesale price inflation hit zero in November, its slowest level since July 2009, as fuel inflation dropped...

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CAG gaze now on all private service firms

Firms in the services sector are set to face a flurry of special audit notices — from not only the service tax authorities but also the CAG...

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Gujarat’s Rs 1,100-cr relief for farmers

The Gujarat government on Monday announced relief of R1,100 crore for farmers, including R500 crore relief in electricity bills...

Trade deficit widens, CAD worries

An over six-fold jump in gold imports resulted in overall imports recording a 27% year-on-year jump in November, in turn...

Centre retains veto power in GST council

In the proposed GST council, which will have constitutional backing, the Union finance minister will exercise veto power.

New BIT text introduces ‘obligation against graft’

Commits foreign investors to a host of disclosures; model text to be placed for Cabinet approval soon...

Over 2.2 lakh railway posts lying vacant

While “safety (of passengers) is accorded the highest priority by Indian Railways”, real data does not support that claim.

New coal mine allottees likely to be allowed to extract CBM

All new allottees of coal mines will be allowed to simultaneously explore/extract coal-bed methane (CBM) also, according to a draft Cabinet...

SC asks TN govt to file fresh suit in kerosene row

The Supreme Court, dismissing a petition by the Tamil Nadu government, has asked it to file a fresh suit challenging the Centre’s decision...

Editorial: Go easy on cutting deficits

Maintaining capital expenditure more important now

Editorial: What the WPI portends

Reinforces the view that green shoots are far away...

Aadhaar goes stronger

Linking of 10 crore Aadhaar numbers with bank accounts is good going

Petrol, diesel prices cut by Rs 2/ltr as oil rates slump to 5-yr low

Petrol and diesel prices were today cut by Rs 2 per litre each as international oil prices slumped...

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Lulu Group plans Rs 2,500 crore investment in Telangana

Abu Dhabi-based Lulu Group, a leading retail chain in the Middle East, plans to invest Rs 2,500 crore in Telangana in next one year.

Aadhaar not mandatory for LPG subsidy, bank account will do: Govt

Govt makes it clear Aadhaar number is not mandatory for transfer of subsidy amount of LPG cylinder.

lpg subsidy

Inflation and industrial production: 5 thoughts on Indian economy

The IIP growth shock is transitory and should be seen as lull post the festive demand in September.

Nov WPI inflation drops to zero pct, lowest in 5 1/2 years

WPI inflation eases for a 6th straight month in November to its lowest in nearly 5-1/2 years.

PAC raps I-T dept for surge in uncollected taxes, laxity

Of total uncollected amount, Rs 2.47 lakh crore pertains to top 25 defaulters only, pending at various judicial fora.

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Govt to push all possible stake sales of PSU units before March

For 2014-15, Centre has set a target of Rs 63,425 cr from disinvestment including stake sales in SUUTI, Hindustan Zinc, Balco, Coal India, ONGC and NHPC.

2 new Russian reactors for Kudankulam to cost double, most expensive n-plants

Cost to be nearly Rs 20 cr per MWe as against the established benchmark of project cost of Rs 7-10 cr per MWe for existing nuclear projects.

Kudankulam Nuclear Power Plant

ONGC eyes idle units in PMT JV, but for free

Partners Reliance Industries & BG India yet to agree to proposal

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BIPA rejig on cards to check rise in arbitration

Stung by several instances of foreign companies dragging the Indian government to legal processes and arbitration overseas...

Lima climate deal results in precious little; India satisfied

The Lima climate talks finally produced an agreement, but only just.

Editorial: Oil at $65

Important for India to seize the LPG moment

Little from Lima

Despite the wider acceptability of the proposed climate accord, progress is likely to be difficult

ONGC eyes idle units in PMT JV, but for free

Partners Reliance Industries & BG India yet to agree to proposal

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Piyush Goyal for action against entities wasting power

Power Minister Piyush Goyal today suggested imposition of taxes on those wasting electricity and provision of benefit for conserving it.

piyush goyal
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