Nov 24, 2014 05:09 PM
If India wants to build a $ 10-trillion economy by 2034, growing at a rate of 9 per cent a year, it will have to focus on investments in R&D and undertake radical improvements in the Human Development Index, PricewaterhouseCoopers (PwC) said in a repo
Nov 25, 2014 02:43 AM
PricewaterhouseCoopers (PwC) in a report released on Monday, defined three possible scenarios for India’s economic growth. Of the three, the “Winning Leap” is the most aggressive growth scenario.The other two economic growth scenarios ar
Nov 23, 2014 10:26 PM
Will RBI cut its policy rate in its forthcoming policy statement? Opinions are surprisingly divided despite the sharp fall in inflation. During the middle of this month, inflation data covering the Consumer Price Index (retail inflation) and the Wholsale P
Nov 24, 2014 03:39 PM
Naveen Jindal said it seemed the government was not keen to support his plan of converting low-quality coal to 80,000 barrels per day of diesel. India's Jindal Steel and Power Ltd has shelved a $10 billion coal-to-diesel project, its chairman told Reute
Nov 24, 2014 11:04 AM
The rupee strengthened by eight paise to 61.68 against the dollar in early trade on Monday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amidst sustained foreign capital inflows. Forex dealers said apart
Nov 24, 2014 02:15 AM
A reduction of the scope of subsidies currently being provided to the well-off appears to be on the anvil with Finance Minister Arun Jaitley questioning the justification of giving “unquantified” subsidy to “unidentifiable” section
Nov 23, 2014 12:52 PM
Country needs a larger opening out in more sectors and a stable policy and tax regime, the Union Finance Minister says. A “whole set of second generation reforms” will be unveiled in the next Union Budget, Finance Minister Arun Jaitely said
Nov 22, 2014 11:34 PM
The Reserve Bank of India (RBI) is set to review its monetary policy early next month on the backdrop of positive macroeconomic signals — inflation under control, improved balance of payments (BoP), comfort on fiscal deficit and steady improvement i
Nov 22, 2014 06:31 PM
Finance Minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net.In fact, he would encourage more money being put in the pockets of tax payers
Nov 22, 2014 05:18 PM
India’s ranking on shareholder protection shoots up India’s ranking on the shareholder protection parameter of the World Bank’s Ease of Doing Business ratings has shot up to 7 in 2014 from 49 in 2012, ahead of even advanced economies s
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