Dec 22, 2014 12:19 PM
In a record high, foreign investors have purchased Indian debt securities worth USD 19 billion this year, which marked a 20 per cent jump from the previous year and even saw the so-called ‘junk’ bonds being lapped up aggressively despite poor
Dec 22, 2014 03:11 PM
Indian Industry raised USD 3.49 billion from overseas markets last month, up 60.2 per cent from a year ago, as per the Reserve Bank data released on Monday.The domestic firms had raised USD 2.18 billion overseas in November last year.Of the total borrowin
Dec 20, 2014 05:55 PM
India’s foreign exchange (Forex) reserves grew by $2.17 billion to $316.83 billion for the week ended Dec 12, Reserve Bank of India (RBI) data showed.In the previous week (Dec 5), the reserves had fallen by $1.64 billion to $314.66 billion.According
Dec 22, 2014 01:53 AM
“World Bank too has changed its goal to fighting no longer for just eradication of poverty but also for shared prosperity” There is now a consensus the world over that the free market economic model does not work, said World Bank chief econo
Dec 21, 2014 10:42 PM
The key challenge for India is to continue to ensure moderate credit creation in the real sector of the economy India needs an alternative model for economic growth. A model which is more inclusive, less dependent on credit and clearly not driven by wea
Dec 20, 2014 05:13 PM
Finance Minister Arun Jaitley on Saturday said revenue department must recover the legitimate dues but there is no point in focusing on unfairly imposed taxes as they only bring “bad name”.”...the taxes which are due must be paid and mus
Dec 20, 2014 11:15 AM
The Bill is expected to be introduced in Parliament on Monday If the Goods and Services Tax (GST) Constitutional Amendment Bill is passed in the Parliament “in its current form” Bengal stands to lose rupees 8,200 crore in revenues
Dec 20, 2014 12:52 AM
Apart from subsuming various Central indirect taxes and levies and State taxes, the Constitution (122 Amendment) Bill, introduced in the Lok Sabha on Friday, confers simultaneous power to Union and State legislations to legislate on Goods and Service Tax
Dec 20, 2014 12:17 AM
The Mid-Year Review of the economy of the Government tabled in Parliament on Friday by Union Finance Minister Arun Jaitley says Reserve Bank’s monetary policy lost its credibility between 2007 and 2013. “For nearly six years (2007 third quar
Dec 19, 2014 11:24 PM
India faces challenges that are mostly domestic, says Review Despite the sprouting of green shoots, a robust recovery is still to fully take hold, says the Mid-Year Economic Analysis for the current year, tabled in Parliament by Union Finance Minister A
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