India ranks 4th in the 2013 global manufacturing competitiveness index even as the country's growth rate has been pulled down in recent quarters.
As other sectors are not doing well, the industry can help to boost numbers.
When cash transfers are easy, will govts spend too much?
The key now is expenditure control, but how much?
After lower proceeds from 2G spectrum auctioning, economists question if government can meet the fiscal deficit target.
The RBI closes some, but many others still exist.
How did not-for-profit firm owned 76 per cent by Congress chief Sonia Gandi and her son Rahul possess real estate worth hundreds of crores? N Sundaresha Subramanian and Kavita Chowdhury report
The US election results were in line with expectations and the markets were not surprised.
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.
Reserve Bank's recent policy stance has earned for it praise as well as brickbats.
Reserve Bank of India Governor D Subbarao on Tuesday said the central bank needed more powers before it could firm up the final guidelines on new bank licences.
RBI Also advises imposing a limit on these, beside mandating a system within two months to share information in this regard.
The profitability of industry is under stress and needs to be addressed by encouraging investments in the supply side infrastructure.
The Reserve Bank of India has now said failure to report such cases might lead to penal action.
Analysts warn that complying with the new standards will be a cumbersome process for companies, particularly smaller ones.
Are short-term compulsions increasing long-term instability?
It will help to control the subsidy bill.
