Officials asked what the point was in going through banks when the government has to give guarantees.
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
Despite the recent Western criticism on Bangladesh's labour standards, India has a long way to go before it overtakes the neighbour in global exports.
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The government's decision to opt for a non-binding attempt at conciliation and under Indian law in its tax dispute with telecom multinational Vodafone is understandable, note experts.
No clarity yet on whether multi-level structure would escape ban.
The forecast has an error margin of four days, which is considered normal
As India raised its pitch for upgrade of ratings from the current lowest investment grade, Atsi Sheth, vice-president and senior analyst, sovereign risk group, Moody's Investors Service, tells Business Standard that she does not foresee any movement from the current grade in the next 12-18 months.
Clarity to help operationalise the controversial FDI policy of 2009.
In its next meeting, empowered committee of state finance ministers set to oppose a proposal on state govt undertakings' I-T deduction.
'Fiscal and monetary space is more constrained in developing countries because of inflation and high borrowing cost.'
RBI proposes tax exemption on dividend payouts and credit for corporation tax paid in host country.
Move after spurt in shipments from the south-east Asian country Thai govt response awaited.
The 12th Plan document describes three average annual growth scenarios - 8%, 6-6.5% and 5-5.5 per cent.
Hit by slackening demand amid economic slowdown and high interest rates, the real estate sector has asked for infrastructure status for the housing sector in the Budget for 2013-14, which would help it avail of tax benefits and easier flow of credit.
The industry describes projects priced beyond Rs 5 crore (Rs 50 million) in Delhi and the National Capital Region region as luxury, but the benchmark is Rs 10 crore (Rs 100 million) for Mumbai.
The initial draft of the approach paper to the 12th Plan had set a target of 9-9.5 per cent growth, depending on the global economic scenario.
The launch of the 19-floor luxury apartment project in Gurgaon's Sector 86 is the first big project from DLF this financial year.
Real estate players say they are in talks with companies to build their customised stores in India.
Interview with Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at Columbia University.
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