In an interview with Nayanima Basu, the DG lauds the efforts of Indian negotiators in bringing the deal on the table.
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
IMF projected India's economic growth at 4.25% in 2013-14.
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As of September, account for bulk of applications for availing of the government's amnesty scheme.
Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.
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The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
The compulsions of domestic politics notwithstanding, India and Bangladesh script a new story in bilateral relations, say Nayanima Basu and Aditi Phadnis
India may be hit if stalemate in Washington persists over two weeks.
State finance ministers' panel to decide on latest attempt at harmonising of views on Constitution amendment.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
India says it gives equal treatment to foreign companies on tax matters, not special consideration.
Exports had risen over 11 per cent in July, year-on-year.
Govt mulls raising duty on non-essential goods with annual import bill exceeding $1 billion
A cut in government spending would come at the cost of growth.
Many economists say only a substantial rise from October would point to a real recovery.
The World Bank would provide loans to India at higher than its existing concessional rates but lower than the market rate.
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The rupee has fallen almost 20 per cent in the first four months of FY14, forcing the government to consider raising import duties on gold and non-essential luxury items.
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Amid fears of a downgrade from ratings agencies, the finance ministry is gearing up for a visit of Japan Credit Rating Agency officials on September 6.
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Cabinet likely to pave way for the 'super-rich' tax today.
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