Until last week the government's divestment plan was struggling, but it got a boost from a $1.1 billion offering of miner NMDC.
Interview with Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at Columbia University.
It's a sign that the economy may have turned a corner that strengthens the RBI's case against a rate cut.
India's retail inflation is the highest among the BRICS group of emerging economies.
As other sectors are not doing well, the industry can help to boost numbers.
After lower proceeds from 2G spectrum auctioning, economists question if government can meet the fiscal deficit target.
According to the figures released on October 31, the deficit till September had inched down to 65.6 per cent of the budget estimate for 2012-13, compared with 65.7 per cent till August.
Analysts warn that complying with the new standards will be a cumbersome process for companies, particularly smaller ones.
Investor confidence, in general, in the world is weak and that has spilled over in India.
Despite rising subsidy bill, says fuel price action and other steps in contemplation would keep it at 5.3% of GDP, not more
The tide of the global economy has again turned to anti-growth in general.
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday pegged India's growth this financial year at 6.5-7 per cent. He added the country had taken various steps to boost investment, the results of which would be seen in six months.
Prime Minister Manmohan Singh on Saturday asked European countries to take firm steps to fix the continent's financial mess, which was hitting India's economic growth and dampening global markets.
Corporations and business associations must strengthen their direct communications and consultations with citizens - and earn the trust of society.
Like the previous two plans, the 12th five-year Plan (2012-17) also officially began without a final document in place.
Officials do not believe economic growth would go down as low as 6.8 per cent.
Crucial financial sector reforms are again stuck, despite Finance Minister Pranab Mukherjee's appealing to political parties to help pass the legislations in this regard.
Even so, whenever a hitherto closed sector has been opened to FDI or the sectoral investment cap has been raised, the move has drawn strong protest. The latest instance is multi-brand retail.
Over 60 per cent of these borrowings are slated to be mopped up in the festival season.
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