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Economy News

Experts discuss agenda for new govt beyond Budget 2014 An expert panel consisting Rashesh Shah, Chairman and CEO of the Edelweiss Financial Services Group, Kewal Handa, Former Managing Director of Pfizer India and Piruz Khambatta, Chairman Private limited discuss the agenda for the government beyond Budget 2014’s hits and misses on ‘Change India’s second episode.
Fri, 25 Jul 2014 20:15:56 +0530
UP govt issues notices to 52 sugar mills over cane arrears Also lodges 60 FIRs against 43 sugar mills.
Fri, 25 Jul 2014 15:37:45 +0530
IMF cuts global growth forecasts for 2014; retains India's IMF believes improved business sentiment is likely to offset impact of poor rains and aid economic recovery in India. It says Indian GDP growth appears to have bottomed out.
Thu, 24 Jul 2014 22:02:12 +0530
RBI to open debt market to short-term foreign investors "We will do it carefully, we will do it in a measured way. In general, the movement is towards more liberalisation rather than away from liberalisation. But we have to do it our own pace," Rajan said.
Thu, 24 Jul 2014 21:14:37 +0530
Experts analyse Budget 2014 from young India's perspective A panel of experts discuss whether the Budget has delivered the goods for Young India and what more the government needs to do hereon.
Thu, 24 Jul 2014 20:28:40 +0530
Parliament nod key to check ponzi schemes: SEBI chief The Cabinet Committee on Economic Affairs (CCEA) today cleared the Securities Laws (Amendment) Bill 2014, which would now go to Parliament for passage.
Thu, 24 Jul 2014 19:25:19 +0530
Indirect tax collections up 4.5% in April-June Indirect tax collections comprising excise, customs and service tax stood at about Rs 1,13,570 crore in the first quarter of 2014-15 fiscal, as against Rs 1,08,639 crore in the corresponding period a year ago, the finance ministry said in release.
Thu, 24 Jul 2014 18:32:13 +0530
Arun Jaitley Capital formation in agriculture which is the key to the development of the rural infrastructure. That is the one area where we are still hugely lacking, said FM Arun Jaitley.
Thu, 24 Jul 2014 18:24:14 +0530
How Aadhaar got a new lease of life under Modi Nandan Nilekani is learnt to have impressed upon the PM that the Aadhaar could help curb the country’s yawning fiscal deficit by curbing wasteful subsidies up to the tune of Rs 50,000 crore.
Thu, 24 Jul 2014 17:34:28 +0530
Piyush Goyal Finance Minister Arun Jaitley during his Budget speech had said that stringent mechanism for quality control of coal were being put in place. A system for third party sampling of coal is already in place since October last year at loading points.
Thu, 24 Jul 2014 17:19:57 +0530
Arundhati Bhattacharya Reserve Bank is scheduled to announce its bi-monthly monetary policy on August 3. It is largely believed that RBI is going to keep interest rate intact as there is pressure on inflation due to deficient rainfall in the country.
Thu, 24 Jul 2014 17:19:24 +0530
How Modi can change India; as World Bank chief sees it The Prime Minister has prided himself and has become known for someone committed to execution, World Bank chief Jim Yong Kim said. "This encourages us."
Thu, 24 Jul 2014 15:50:42 +0530
Cabinet okays 49% FDI in insurance, SEBI Act amendment The Cabinet on Thursday approved raising Foreign Direct Investment in insurance sector up to 49 percent and also gave its consent to amend the SEBI Act.
Thu, 24 Jul 2014 11:05:57 +0530
World Bank Group commits USD 18 bn loan to India in 3 years India received USD 5.2 billion loan last fiscal. In the past three years, India had received about USD 9.8 billion loan from the Workd Bank Group.
Wed, 23 Jul 2014 20:36:22 +0530
BGR Energy bags projects worth Rs 303 cr across sectors BGR Energy received the Letter of Intent (LOI) for two numbers of natural draught cooling towers from BHEL for their 2x660MW Suratgarh Project in Rajasthan.
Wed, 23 Jul 2014 20:33:01 +0530
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Politics

A Rashtrapati Bhavan communique said the President has appointed Solanki as Governor of Haryana with immediate effect.
Catch the day's top stories with Bhupendra Chaubey on India @ 9.
The A-G has claimed that the party must have 10 per cent of House strength to get the Leader of Opposition post.
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India

"The weekly rainfall for the country as a whole was above normal by 24 per cent," the Indian Meteorological Department has said.
Jharkhand Chief Minister Hemant Soren on Saturday said a policy to allocate advertisements to all media houses will be introduced within a few days.
Observing that a partial drought-like situation has gripped Bihar, the state government on Friday said a slew of measures have been taken to tackle the calamity, including provisioning for Rs 776 crore to provide diesel subsidy to farmers for irrigation.
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Tech

The Philips Disney range will be available exclusively on Amazon India's e-commerce platform.
The Smartphone Projector is little cardboard box with a lens and the simple device has no wires or separate sound system.
Tired of using mosquito repellents that appear ineffective nowadays? A new smartphone app can rescue you from that imminent bite.
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