Increase in first half of FY14 comes despite a fall in average crude prices; weak rupee helps.
Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society
Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things
Chidambaram to meet revenue boards on how to get much more and quickly; special audits and notices among measures likely.
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.
.jpg)
As of September, account for bulk of applications for availing of the government's amnesty scheme.
.jpg)
The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
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.
.jpg)
A letter issued on Monday was jointly addressed to the US commerce secretary and trade representatives.
It will escalate costs, mandate regulator to check malpractices, set standards.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
The company claims it is selling as many tablets internationally as it is retailing in India.
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.
Nasscom's current president Som Mittal's term expires in January. However, Chandrasekhar, expecting to get the necessary approvals from the government soon, will start work from next month to get familiar with the organisation.
In another significant senior-level realignment at Infosys, V Balakrishnan, one of the two internal candidates being considered for the chief executive's post, has been given additional charge of the new utilities and resources vertical.
India says it gives equal treatment to foreign companies on tax matters, not special consideration.
A cut in government spending would come at the cost of growth.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances