New Delhi: The Indian stock markets on Monday are expected to react positively to the Greece results and also domestic factors. The Reserve Bank of India will announce its mid-term credit policy review on Monday. Majority of bankers and economist polled by CNBC-TV18 say that the RBI will cut the repo rate and the reverse repo rate by 25 basis points. This means home loans could become cheaper. The cash...
06:14 AM, Jun 18, 2012
Inflation moved up to 7.55 per cent in May and the RBI is expected to cut repo rates on June 18 to encourage investment and growth. ...
04:33 PM, Jun 14, 2012
New Delhi: The Indian economy will grow by 6.9 per cent in this financial year (2012-13) notwithstanding problems like policy uncertainties, fiscal deficit and inflation, the World Bank projected on Tuesday, while cautioning that developing nations will have to face tougher times. "India will see growth (measured at factor cost) increasing to 6.9, 7.2 and 7.4 per cent in fiscal years 2012-13, 2013-14 and 2014-15, respectively," the World Bank said...
10:36 PM, Jun 12, 2012
BJP spokesperson Prakash Javadekar said on Tuesday that the recent downgrade by credit rating agency Standard & Poor's was a wake up call for India and that it reflected the policy paralysis of the UPA government. ...
06:48 PM, Jun 12, 2012
The England Test captain said it will help team's performance while defending their Test No. 1 rank against SA. ...
08:46 AM, Jun 12, 2012
Mumbai: Days ahead of credit policy review by the Reserve Bank, Chief Economic Adviser Kaushik Basu on Friday said "out-of-the-box" thinking is needed in the monetary policy and favoured slashing interest rates to boost sagging economic growth. "What we need to do is to create more space for the private sector to invest. But my personal feeling is that given that growth in doing so poorly, and the investment mood...
03:31 AM, Jun 09, 2012
Does the PM's speech indicate that the government's policy paralysis has ended? Or is it just a promise which still awaits performance? ...
09:33 PM, Jun 07, 2012
New Delhi: The government is finally taking visible steps to end its policy paralysis. Prime Minister Manmohan Singh is slated to meet key economic ministers on Wednesday to review their performance. During the meeting, the ministers for Coal, Shipping, Railways, Civil Aviation and Power will be presenting their proposals. The Prime Minister is also expected to present a blueprint and deadline to bring the economy back on track at the...
05:58 PM, Jun 06, 2012
New Delhi: The black money issue and a spate of corruption cases have dealt a serious blow to the government's image. This has prompted Prime Minister Manmohan Singh to call a meeting of his senior infrastructure ministers to find a way to redeem the government's image and change the perception of policy paralysis. The PM is expected to present a blueprint and deadline to bring the economy back on track....
06:26 AM, Jun 06, 2012
New Delhi: With the "crisis"-ridden economy posing "testing times" for the country's leadership, Commerce and Industry Minister Anand Sharma on Tuesday appealed to UPA allies to allow FDI in multi-brand retail and support other key reforms. "These are testing times for the country, for the leadership (both in the government and industry)...we recognise with absolute clarity that we are going through a crisis ...," Sharma said after unveiling annual supplement...
04:58 AM, Jun 06, 2012
Mumbai: The Reserve Bank of India (RBI) has some room to reduce policy rates following a moderate core inflation and soft global oil prices, a deputy governor said on Monday. Subir Gokarn was speaking to television channel CNBC-TV18 on the sidelines of a investor conference in Mumbai. The 10-year benchmark bond yield fell to its lowest level in two-and-half months at 8.31 per cent in early trade on expectations of...
02:19 PM, Jun 04, 2012
36. Definition."In this Part, unless the context otherwise requires, the State has the same meaning as in Part III. 37. Application of the principles contained in this Part."The provisions contained in this Part shall not be enforceable by any court, but the principles therein laid down are nevertheless fundamental in the governance of the country and it shall be the duty of the State to apply these principles in making...
10:37 AM, Jun 04, 2012
Kolkata: Observing that there was lack of optimum use of science and technology for development, Prime Minister Manmohan Singh said Saturday that the profile of science must be raised in India. "We did not use science and technology in our development processes as much as we should have," Manmohan Singh said at the Indian Science Congress Association meeting here. "We did not build local capacities that could meaningfully address problems...
08:07 AM, Jun 03, 2012
Mumbai: Union Agriculture Minister and Nationalist Congress Party (NCP) chief Sharad Pawar once again targeted the Congress on Saturday for what he termed as a collapse in the "decision-making process" in Maharashtra. Pawar, without naming Chief Minister Prithviraj Chavan, said that on account of the dilly-dallying in taking major decisions, the state was losing out on big investments and mega industrial projects. The NCP is an ally of the Congress...
11:10 PM, Jun 02, 2012
New Delhi: All health insurance companies will now have to provide health insurance to citizens upto the age of 65 and settle all claims within a month. According to the new regulations by the Insurance Regulatory and Development Authority (IRDA), there will be no exit age for policy renewals and all policies will allow for treatment across India. Also, life insurers can offer products with a four-year term while non-life...
07:18 AM, Jun 01, 2012
New Delhi: The Cabinet on Thursday approved a new telecom policy that proposes to abolish roaming charges on mobile phones and allow users to retain the same number across the country. The Cabinet approved the National Telecom Policy (NTP) 2012, which aims to provide free roaming to telecom users and allow them to retain the mobile number even outside their circles without having to pay any extra charge. Here's the...
10:59 PM, May 31, 2012
New Delhi: The Cabinet on Thursday approved a new telecom policy that proposes to abolish roaming charges on mobile phones and allow users to retain the same number across the country. The Cabinet approved the National Telecom Policy (NTP) 2012, a senior minister said after the meeting of the Cabinet. The NTP 2012 aims to provide free roaming to telecom users and allow them to retain the mobile number even...
01:24 PM, May 31, 2012
New Delhi: The Cabinet is likely to consider on Thursday the National Telecom Policy (NTP) that provides for abolition of roaming charges and allows users to retain the same number across the country. Last week, the Cabinet headed by Prime Minister Manmohan Singh, deferred the NTP pending clarifications on certain aspects by the Department of Telecom (DoT). Departments under ministries like Finance and Commerce had raised objections on the new...
08:33 PM, May 30, 2012
While England are considering resting their leading bowlers for the third Test, Broad wants to play on. ...
02:03 PM, May 30, 2012
New Delhi: The government is likely to take final decision on Thursday on the National Telecom Policy, which if approved will pave the way for abolishing of roaming charges and allowing users to use retain the same number across the country. "NTP is part of Cabinet's meeting agenda tomorrow (Thursday). We are expecting a positive decision on the same," a senior government official said. The policy, if approved, will replace...
09:05 AM, May 24, 2012
