May 25, 2015 03:29 PM
The government has cleared 21 foreign direct investment (FDI) deals worth Rs. 281 crore but deferred Kotak Mahindra Bank’s proposal to hike foreign investment limit in the bank to 55 per cent. “The government has approved 21 proposals of for
May 25, 2015 12:46 PM
The minister also added that the government has taken a host of measures to curb the menace of black money. Finance Minister Arun Jaitley today asked taxmen to squeeze parallel economy in a fair manner, without being harsh, and assured that the honest t
May 23, 2015 04:12 PM
Commerce Minister Nirmala Sitharaman will lead a business delegation to Algeria from May 26 to June 1, 2015, a FICCI statement said on Saturday.“India has been given a status of Guest of Honour country for the Algiers International Trade Fair, being
May 26, 2015 08:31 PM
Indian companies raised over USD 727.33 million from overseas markets in April 2015, down 77.3 per cent from a year ago, according to RBI data. The domestic firms had raised USD 3.2 billion from overseas in the same month a year ago. Of the total borrowin
May 26, 2015 03:56 PM
Mr. Subramanian added that much more could have been done by the government in the last year, but that the reforms agenda has been substantial. Chief Economic Advisor Arvind Subramanian on Tuesday said the rate of reduction of poverty during 2006 to 201
May 25, 2015 01:21 AM
It has to be said that there is an air of optimism in India and about India as the Narendra Modi Government completes its first year in office. Economic growth has moderately rebounded, capital inflows have increased, exports have accelerated, business an
May 23, 2015 10:57 PM
At the outset, I would like to congratulate Prime Minister, Mr. Narendra Modi and his NDA Government on completing one year in office. Before NDA Government was swept to power with a decisive mandate in the Lok Sabha poll in 2014, the country faced eno
May 22, 2015 04:09 AM
New body will have limited functionality With the Union Finance Ministry reworking its proposal for setting up the Public Debt Management Authority, the Reserve Bank of India has won its biggest battle in its 80-year history. The watered-down proposal
May 21, 2015 11:28 PM
The amount of Japanese funds, to be invested over five years, tops the expected $100 billion capitalisation of the Asian Infrastructure Investment Bank Japan unveiled a plan on Thursday to provide $110 billion in aid for Asian infrastructure projects, a
May 21, 2015 11:13 PM
The Union government's policies have shown results with investments picking up and the economy showing definite signs of a recovery. Industrial growth has turned around, and the stage is set for a spurt in industrialisation. Coming to power in May 2014,
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