Industrial growth has entered the negative zone in October, two years after the global financial crisis. But Prime Minister's Economic Advisory Council chairman C Rangarajan pins hopes of a revival in the fourth quarter.
Size seems stuck at a low when compared with other developing economies, with various issues dogging growth.
Govt issues draft on new index calculation; other sectors to follow suit in phases.
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.
It's a race among real estate developers to complete a floor quicker than the rest. With timely delivery of projects turning into a selling point, innovative technology is being put to use by realtors like never before.
With major sectors of the economy showing signs of slowdown, the list of those pegging India's economic growth at below eight per cent in the current financial year is expanding.
Over 60 per cent of these borrowings are slated to be mopped up in the festival season.
Inflation is awfully close to 10 per cent, double digits. The main concern is that it has persisted at that level for a long time. The RBI would have to take that persistence into account, suggesting that it is still a problem and vigilance is still required on inflation.
Inflation is awfully close to 10 per cent, double digits. The main concern is that it has persisted at that level for a long time. The RBI would have to take that persistence into account, suggesting that it is still a problem and vigilance is still required on inflation.
Unitech has already tied up with hospitality chain Carlson for the Gurgaon property, and with Marriott for both the Noida and Kolkata hotels.
DLF is to divest non-core assets, including hotels and plots of land, but not Hilton JV, Delhi Aman.
While the Confederation of All India Traders is organising nationwide protests tomorrow, others like Bhartiya Udyog Vyapar Mandal plan similar movements next month.
The composition of the US delegation led by Secretary of State Hillary Clinton to next week's India-US Strategic Dialogue in New Delhi points to the wide-ranging scope of talks between the two countries.
The big-ticket announcement during US President Barack Obama's visit to India starting November 6 will be about lifting controls on the export of high-technology items to India. "We are looking forward to a significant announcement on export controls," said US Commerce Secretary Gary Locke in an exclusive interview to Business Standard.
US-India Business Council denies charge of routing poll help to Republicans.
PepsiCo chief raps Indian infrastructure, manpower skills as big growth obstacles.
While Research in Motion, the Canada-based maker of BlackBerry, negotiated a two-month reprieve to develop a solution complying with the Indian government's demands, Indian officials have said companies such as Google and Skype would also be asked to comply with the government's directives or close their networks.
The apparent linkage had been implied by a report on the Times Now news channel that disclosed an email exchange between US Deputy National Security Advisor for International Economic Affairs Michael Froman and Deputy Chairman of the Planning Commission Montek Singh Ahluwalia.
The company had earlier said it would sell its Indian-made four-door and two-door diesel pick-up trucks in the US market by the end of the year.
India should be satisfied with the outcome of the recently concluded G20 summit in Toronto since its argument against a quick withdrawal of stimulus measures by developed nations had, to an extent, been accepted, according to US economic experts.
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