Manoj Kumar, Anurag Kotoky

Stories by Manoj Kumar, Anurag Kotoky

India's May trade deficit widens on high gold imports

India's May trade deficit widens on high gold imports

Rediff.com   17 Jun 2013

India has been struggling to control the current account deficit that hit an all-time high of 6.7 percent of GDP in the December quarter.

India considers easing rules for sovereign wealth funds to stem rupee fall

India considers easing rules for sovereign wealth funds to stem rupee fall

Rediff.com   11 Jun 2013

Two senior ministry officials, who declined to be named, said the aim was to attract more capital flows from wealth funds in West Asian countries.

India imported around 162 tonnes of gold in May: FinMin

India imported around 162 tonnes of gold in May: FinMin

Rediff.com   3 Jun 2013

Earlier, Finance Minister P Chidambaram had said he thought the figure was 262 tonnes.

April trade deficit jumps on huge gold imports

April trade deficit jumps on huge gold imports

Rediff.com   13 May 2013

Overall, merchandise imports rose 10.9 per cent to $41.95 billion.

FM to woo American investors to fund current account gap

FM to woo American investors to fund current account gap

Rediff.com   14 Apr 2013

His officials are working on a series of steps to attract at least $20 billion in new investment to fund the deficit without depleting India's $300 billion in forex reserves.

Chidambaram wants caps on FDI relaxed

Chidambaram wants caps on FDI relaxed

Rediff.com   18 Mar 2013

Will help to reduce current account deficit and restore growth.

Govt to help finance firms repossess Kingfisher planes

Govt to help finance firms repossess Kingfisher planes

Rediff.com   5 Mar 2013

Germany plane financier has sued the aviation regulator and the airlines.

Govt to seek parliament nod to change retrospective tax

Govt to seek parliament nod to change retrospective tax

Rediff.com   4 Mar 2013

Cabinet will take a decision on a conciliation offer from Vodafone.

Tata Motors slashes hatchback, sedan prices

Tata Motors slashes hatchback, sedan prices

Rediff.com   4 Mar 2013

However, raised prices of its sport-utility vehicles by up to Rs 11,000.

Govt permits oil firms to raise diesel prices

Govt permits oil firms to raise diesel prices

Rediff.com   17 Jan 2013

India's policy to subsidise retail prices of fuels such as diesel, which accounts for about 40 per cent of refined fuel consumption, is a major drain on the budget.

India reviewing Dreamliner safety: DGCA

India reviewing Dreamliner safety: DGCA

Rediff.com   16 Jan 2013

As of now, there have been no problems with the aircraft.

Kingfisher gets no objection from oil cos, leasers

Kingfisher gets "no objection" from oil cos, leasers

Rediff.com   16 Jan 2013

The airline, however, has not secured approval from airports to fly again.

Govt defers controversial GAAR norms to April 2016

Govt defers controversial GAAR norms to April 2016

Rediff.com   14 Jan 2013

The minimum threshold to come under GAAR will be Rs 3 crore.

Kingfisher revival plan not enough: Official

Kingfisher revival plan not enough: Official

Rediff.com   11 Jan 2013

Kingfisher, which lost its operating licence at the end of 2012 and has not flown since the start of October, is estimated to owe $2.5 billion in debt to banks, staff, vendors and others and is scrabbling to find new investors.

India concerned about Boeing Dreamliner glitches

India concerned about Boeing Dreamliner glitches

Rediff.com   11 Jan 2013

US transportation authorities are launching a review of the Dreamliner, a source familiar with the matter told Reuters on Thursday.

Jet Airways front-runner for Etihad investment: Source

Jet Airways front-runner for Etihad investment: Source

Rediff.com   2 Jan 2013

The Gulf carrier could pay up to $330 million for a 24 percent stake.

Chidambaram looks at further curbs on gold imports

Chidambaram looks at further curbs on gold imports

Rediff.com   2 Jan 2013

Chidambaram said he expected gold imports to touch $40 billion in the current fiscal year to end-March, down 31 percent from the year-ago bill of $58 billion.

Kingfisher revival plan has no clear funding proposal

Kingfisher revival plan has no clear funding proposal

Rediff.com   26 Dec 2012

Aviation Minister said that the UB group did not say they are going to give money to the ailing airline.

Politics, laws weigh on Islamic finance in India

Politics, laws weigh on Islamic finance in India

Rediff.com   20 Dec 2012

An estimated 177 million Muslims in India, the largest Muslim minority population in the world, are unable to use Islamic banks because laws covering the sector require banking to be based on interest, which is forbidden in Islam.