On a relative worldwide scale of 0-100, the search value index of the rupee stood at 100 in August so far.
Softening of global commodity prices might not help much
Unless supported by investment, any spark of a recovery could be temporary, hint economists.
Experts believe the surge in illegal mining is due to vested interests of politicians
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According to the latest data, until May, 48.3 per cent of the total 207 projects worth Rs 1,000 crore (Rs 10 billion) or above, also termed as mega projects, faced delays and witnessed a cost overrun of 19.2 per cent from the originally-sanctioned Rs 656,000 to Rs 781,000.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
Majority of 'Bimaru' states register faster fall in rural poverty, while pace mostly other way round for others
'It appears the growth rate could be around six per cent'.
BK Modi-promoted group registers company 10 days before the deadline
Experts say the Bill should include higher-value food items than just cereals
Almost half the overall projects costing at least Rs 150 crore (Rs 1.5 billion) are facing a time lag as on March 31. Of 558 projects, 272 were running late when FY13 came to an end, official data showed.
C Rangarajan, chairman, Prime Minister's Economic Advisory Council tells Business Standard that the measures taken by the government will lead to economic growth of at least 6 per cent in FY14 against a decadal-low growth of 5 per cent in FY13.
Figures compiled by the Directorate General of Commercial Intelligence & Statistics, under the commerce ministry, showed India's iron ore exports jumped a whopping 157 per cent to 121 million tonnes in 2012-13, compared with 47 million tonnes a year ago.
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