Move after spurt in shipments from the south-east Asian country Thai govt response awaited.
The 12th Plan document describes three average annual growth scenarios - 8%, 6-6.5% and 5-5.5 per cent.
The finance ministry is considering raising import duty on gold by two percentage points to six per cent, as the surge in demand for the yellow metal threatens to further widen India's current account deficit.
During the 'lowering of flags' before sunset, the stern expression on the faces of the Border Security Force jawans might lead a first-time visitor to think it's because of the tension at the line of control two days earlier.
The bank, however, may not start functioning before 2014 and is likely to have substantially less initial paid-up capital than the amount of $240 billion that is doing the rounds currently.
While about 2,000 beneficiaries were transferred an amount of Rs 35 lakh (Rs 3.5 million) on the Aadhaar platform, the figure is expected to go up on Thursday.
As the deadline for direct cash transfer for subsidies in 43 districts nears, the government has started the mapping of gram panchayats to provide banking services in remote parts of the country.
The government is planning to cap the term of shareholder and non-official directors on the boards of public-sector banks, insurance companies and financial institutions at six years.
Interview with Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at Columbia University.
As other sectors are not doing well, the industry can help to boost numbers.
Pranab Mukherjee proposed a separate entity for bank recapitalization.
Said to be considering a 2nd term for RBI deputy governor
After lower proceeds from 2G spectrum auctioning, economists question if government can meet the fiscal deficit target.
The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.
According to the figures released on October 31, the deficit till September had inched down to 65.6 per cent of the budget estimate for 2012-13, compared with 65.7 per cent till August.
Analysts warn that complying with the new standards will be a cumbersome process for companies, particularly smaller ones.
The outstanding loan amount is Rs 7,000 cr.
Move fuels fears of consolidation among unions of some small banks; won't force unification, clarifies finance ministry.
Spectrum auction and divestment proceeds likely to disappoint, subsidies are likely to overshoot the Budget target and there might also be some shortfall in tax collections.
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