Sep 17, 2014 04:13 PM
A four-member committee of secretaries has submitted its report on a new gas pricing mechanism, prescribing a rate much lower than the doubling of price approved by previous UPA government. “The report was submitted on Tuesday,” a top offici
Sep 17, 2014 03:42 PM
The MSME Ministry is in talks with public sector banks to extend loans to micro, small and medium enterprises at base rate to help the sector access vast capital from financial institutions at lower costs, Union Minister Kalraj Mishra said on Wednesday.
Sep 15, 2014 08:44 PM
Due to restrictions on gold imports, gems and jewellery exports dipped by 10.31 per cent to $3.23 billion in August. The growth rate of India’s exports slipped to five-month low of 2.35 per cent in August at $26.95 billion, pushing up the trade de
Sep 21, 2014 03:20 AM
The objective is to take manufacturing growth to 10% on a sustainable basis. Prime Minister Narendra Modi will launch the “Make In India” campaign on September 25, aimed at reviving the job-creating manufacturing sector — key to taking
Sep 18, 2014 12:40 AM
Chinese President Xi Jinping and Prime Minister Narendra Modi, who both arrived in New Delhi late on Wednesday, must ensure that the bonhomie between the two leaders can be translated to the bilateral ties. The reasons for Mr. Modi going the extra mile wo
Sep 16, 2014 03:30 PM
Project to upgrade water supply network, expand sewerage infrastructure and improve roads in North Karnataka towns The NDA Government at the Centre signed an agreement with Asian Development Bank (ADB) on Tuesday for a Rs.284 crore loan for improving ur
Sep 16, 2014 12:15 AM
Reserve Bank of India rules out rate cut Softening prices of food items, including vegetables, pulled down the Wholesale Price Index-based (WPI) inflation to five-year low of 3.74 per cent in August, but it may not bring relief to the industry as the Re
Sep 16, 2014 12:01 AM
The Reserve Bank of India (RBI) Governor Raghuram Rajan, on Monday, said that the macro-economic indicators were improving and inflation had been coming down in line with the central bank’s expectation.“We are in the process of picking up grow
Sep 15, 2014 03:08 PM
The government must take advantage of the lowest oil prices in a year to deregulate diesel, the RBI Governor Raghuram Rajan said on Monday.Brent crude, a benchmark for Asian and Indian buyers, has fallen 14 per cent since June to $96.38 per barrel. This to
Sep 15, 2014 12:53 PM
The inflation was at 5.19 per cent in July and 6.99 per cent in August 2013. Declining prices of vegetable and other food articles pulled down wholesale inflation sharply to 3.74 per cent in August to a nearly five-year low. The inflation measured on
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