Manoj Kumar And Abhishek Vishnoi

Stories by Manoj Kumar And Abhishek Vishnoi

Delhi power regulator nods up to 8% tariff hike

Delhi power regulator nods up to 8% tariff hike

Rediff.com   31 Jan 2014

The Delhi Electricity Regulatory Commission said the surcharge was for a period of three months from February 1 or until any further order.

November FDI inflows up 54.8% to $1.64 billion

November FDI inflows up 54.8% to $1.64 billion

Rediff.com   31 Jan 2014

Foreign direct investment (FDI) inflows into India rose 54.8 per cent in November to $1.64 billion compared with $1.06 billion a year ago, a government statement

December trade deficit widens, current account under pressure

December trade deficit widens, current account under pressure

Rediff.com   15 Jan 2014

The trade deficit stood at $10.14 billion compared with $9.22 billion in November, a trade ministry official said on Friday.

India's December trade deficit widens further

India's December trade deficit widens further

Rediff.com   10 Jan 2014

The trade deficit stood at $10.14 billion compared with $9.22 billion in November, a trade ministry official said on Friday.

India's infrastructure output up 1.7% in Nov: Govt

India's infrastructure output up 1.7% in Nov: Govt

Rediff.com   31 Dec 2013

In the fiscal year ended March, infrastructure output grew 3.2 per cent compared with 5 per cent in 2011/12.

RBI proposes new capital rules for banks too-big-to-fail

RBI proposes new capital rules for banks too-big-to-fail

Rediff.com   3 Dec 2013

With the economy growing at its slowest rate in a decade, India's banking system is facing rising levels of stressed loans, with $100 billion, or about 10 percent of the total, categorised as bad or restructured.

No compromise on India's food security at WTO talks: Minister

No compromise on India's food security at WTO talks: Minister

Rediff.com   29 Nov 2013

Anand Sharma, who will lead the delegation to Bali, said a group of 33 countries were supporting India's stand on the food subsidy programme which he said was 'sacrosanct, non- negotiable.'

Ministries clash over cap on foreign stakes in drug firms

Ministries clash over cap on foreign stakes in drug firms

Rediff.com   28 Nov 2013

The finance ministry is resisting pressure from other departments to cap foreign ownership of domestic drugmakers, fearing such a move would discourage potential investors, a senior ministry source said.

UBS cuts India to 'neutral', upgrades China on reforms

UBS cuts India to 'neutral', upgrades China on reforms

Rediff.com   18 Nov 2013

UBS added that its strategists are positively surprised by the scope and tone of the Plenum document.

India's economic woes far from over: Headline inflation at 8-month high

India's economic woes far from over: Headline inflation at 8-month high

Rediff.com   14 Nov 2013

Food prices rose 18.19 per cent year-on-year in October, slower than an annual rise of 18.4 per cent in September.

Sept IIP below expectations at 2%, Oct inflation rises to 10.09%

Sept IIP below expectations at 2%, Oct inflation rises to 10.09%

Rediff.com   12 Nov 2013

Analysts polled by Reuters had expected an annual output growth of 3.5 per cent for the month.

JP Morgan upgrades RIL to 'overweight'

JP Morgan upgrades RIL to 'overweight'

Rediff.com   15 Oct 2013

The investment bank adds that company's September-quarter earnings came in line with consensus estimates.

Aug industrial output growth slows to 0.6%

Aug industrial output growth slows to 0.6%

Rediff.com   11 Oct 2013

Capital goods production, a barometer for investments in the economy, contracted by 2 per cent in August.

India in talks with JP Morgan, others to join bond indexes

India in talks with JP Morgan, others to join bond indexes

Rediff.com   10 Oct 2013

It hopes to attract billions of dollars in investment by this move, and may ease some restrictions on foreign inflows.

Economy to grow at over 5% in 2013-14: Mayaram

Economy to grow at over 5% in 2013-14: Mayaram

Rediff.com   1 Oct 2013

Mayaram also said as of now, a shutdown of the US government is not likely to have a major impact on the Indian economy.

'Rupee's intrinsic value is between 58-60'

'Rupee's intrinsic value is between 58-60'

Rediff.com   23 Sep 2013

Arvind Mayaram, economic affairs secretary at the finance ministry, also said that a fall in bulk diesel demand this fiscal year will save the government about $1 billion.

July FDI inflows up 13% to three-month high

July FDI inflows up 13% to three-month high

Rediff.com   18 Sep 2013

Foreign direct investment inflows into India rose an annual 12.9 percent in July to $1.66 billion.

Falling markets derail govt's divestment plans

Falling markets derail govt's divestment plans

Rediff.com   22 Aug 2013

Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.

How about saying something new, Mr FM?

How about saying something new, Mr FM?

Rediff.com   16 Aug 2013

Chidambaram, speaking to reporters, also said the fundamentals of the Indian economy had not changed and asked investors to wait for the April-June quarter growth numbers due at the end of the month.

Nifty slumps 4% on US stimulus, capital control fears

Nifty slumps 4% on US stimulus, capital control fears

Rediff.com   16 Aug 2013

The declines also tracked the Indian rupee, which fell to a record low as central bank measures to tighten capital outflows and curb gold imports were seen as unlikely to prop up the currency and could even spark further selling if they spook foreign investors.