Over 60 per cent of these borrowings are slated to be mopped up in the festival season.
Inflation is awfully close to 10 per cent, double digits. The main concern is that it has persisted at that level for a long time. The RBI would have to take that persistence into account, suggesting that it is still a problem and vigilance is still required on inflation.
Inflation is awfully close to 10 per cent, double digits. The main concern is that it has persisted at that level for a long time. The RBI would have to take that persistence into account, suggesting that it is still a problem and vigilance is still required on inflation.
Many leading hospitality companies looking at expansion are either deferring launches or stalling projects on the back of various challenges including fund crunch and roadblocks in getting permits.
Indian appetite for adventure tourism is increasing consistently, with the segment seeing an over 10 per cent year on year increase in travellers.
The pension reforms Bill is likely be passed with the Bharatiya Janata Party (BJP) deciding to support it in the parliamentary standing committee. The Bill has been pending since 2005. Its revised version was tabled in the Budget session of Parliament this year.
A Central Bureau of Investigation (CBI) official said the agency would soon call Malaysian businessman T Ananda Krishnan for questioning. Maxis is part of the business empire of Krishnan, who is expected to soon fly to New Delhi.
Consumption per capita was 5.6 times less in a month for the bottom ten per cent of the population than the top 10 per cent in rural areas during 2009-10.
The third chargesheet was scheduled to come out by the first week of July.
In non-conventional sources of energy like solar, Japanese firms can collaborate with Indian counterparts.
Reservations expressed by the Reserve Bank of India (RBI) notwithstanding, North Block, the finance ministry headquarters, is going ahead with its plans to set up a full-fledged Debt Management Office (DMO) to manage the government debt.
Ground reality suggests that someone from the developing world does not stand a chance to emerge victorious.
Gautam Adani, the 48-year-old chairman of the Ahmedabad-based company was declared the seventh-richest Indian by Forbes in September 2010 and the second-richest by Business Standard in December 2010.
Central probe agency likely to file third chargesheet in some weeks, may name Datacom, Loop Telecom.
While DB Realty sent out an official statement early evening, Unitech did that much later.
Oberoi Hotels on Tuesday inaugurated its first luxury hotel there, right next to the Trident property, under a management contract with Orbit Resorts.
French auction was tried for two issues - NTPC Ltd and Rural Electrification Corporation - in 2009-10.
Says it is worried a general pardon will send wrong signal
Among the various ways being considered by the central government to raise Rs 5,000 crore (Rs 50 billion) from tax-free bonds for shipping ports, one is to allow major ports to themselves issue these.
India ranked 52 in 2011 index against its position at 53rd among 125 nations a year ago.