The pension reforms Bill is likely be passed with the Bharatiya Janata Party (BJP) deciding to support it in the parliamentary standing committee. The Bill has been pending since 2005. Its revised version was tabled in the Budget session of Parliament this year.
Consumption per capita was 5.6 times less in a month for the bottom ten per cent of the population than the top 10 per cent in rural areas during 2009-10.
In non-conventional sources of energy like solar, Japanese firms can collaborate with Indian counterparts.
Reservations expressed by the Reserve Bank of India (RBI) notwithstanding, North Block, the finance ministry headquarters, is going ahead with its plans to set up a full-fledged Debt Management Office (DMO) to manage the government debt.
Ground reality suggests that someone from the developing world does not stand a chance to emerge victorious.
French auction was tried for two issues - NTPC Ltd and Rural Electrification Corporation - in 2009-10.
Says it is worried a general pardon will send wrong signal
India ranked 52 in 2011 index against its position at 53rd among 125 nations a year ago.
It is now clear that the revised takeover code and the Bimal Jalan committee report will not be implemented soon and in the same form, since the finance ministry wants to seek industry views on these two sets of recommendations this month, before the market regulator could take a decision.
In the Budget for 2011-12, the government revised the tax mop-up target for 2010-11 to Rs. 4.46 lakh crore for direct taxes and Rs. 3.36 lakh crore for indirect taxes.
In an environment vitiated by strong arm tactics of some microfinancial institutions, financial inclusion could be a business opportunity.
Kaushik Basu, chief economic advisor in the finance ministry, said, "All I can say is, we are very serious about fiscal consolidation, and intend holding on to our fiscal targets, even if the crude price rises on a sustained basis."
This activity will allow us to identify those jurisdictions where either the legal framework is not good enough or practices are not good enough and, therefore, information is not flowing.
As India's investment rate is estimated to decline this financial year, industry chamber CII has asked Finance Minister Pranab Mukherjee to give a boost to investments in the forthcoming Budget, but economists believe a rollback of stimulus may continue.
G-20, the grouping of developed and emerging market economies, will focus on food security but issues concerning India like rising prices of vegetables may not come up for discussions at a meeting in Paris next week.
The finance ministry said it would wait for RBI guidelines, a development which will provide much relief to ICICI Bank and HDFC Bank. Both are already known as Foreign Owned Indians Controlled entities, after foreign investment in them rose much above 50 per cent, following new norms of calculations by the commerce ministry.
The annual ball, renamed this year as 'India soiree', showcased the food, fashion and performing arts of the country.
Commerce and Industry Minister Anand Sharma has asked global retail chains not to rush the government into allowing foreign direct investment (FDI) in multi-brand retail.
Although the relatively small number has not stopped the Dragon from showcasing its economic miracle, many business leaders and academicians see clouds on the eastern horizon, as Beijing adapts to life as a global power.
As the shadow of governance deficit and corruption back home threatened to lengthen behind the glorious Davos sun, India's image managers launched a spirited damage control exercise on the penultimate day of the World Economic Forum (WEF).
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