Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan may have found the Reserve Bank of India (RBI)'s inflation projections on the higher side, but independent experts agree with the central bank and expect both wholesale and retail prices to remain high.
Projects about to be completed include the first rail connectivity projects in Meghalaya and Arunachal Pradesh, along with crucial gauge conversion between Rangpara and North Lakhimpur, which would connect Arunachal Pradesh to the rest of the country.
Officials said the World Bank, Japan International Cooperation Agency and Asian Development Bank had evinced interest in the project.
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The introduction of fuel adjustment component in passenger fares will merely add Rs 450 crore.
The study, 'socioeconomic effects of broadband speed: a microeconomic investigation', says in emerging countries like India, setting up a new broadband connection of speed 0.5 Mbps could lead to an increase in household income by $800 a year, which means Rs 50,168, according to the latest currency conversion rate (a dollar was Rs 62.71 as on Friday).
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.
The only way out for DMRC would be if the lenders, a consortium of 10 banks, find another concessionaire for the project
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
Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.
Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.
'It appears the growth rate could be around six per cent'.
BK Modi-promoted group registers company 10 days before the deadline
On day one of its stand-alone operation of the airport line, Delhi Metro Rail Corp on Monday assured commuters of an uninterrupted service by taking journalists on a ride.
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.
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