Sebi's plea for such powers has been endorsed by the finance ministry.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'
Intermediaries, TPAs will also benefit, but investments will be under 26% FDI cap
In response the BRICS - Brazil, Russia, India, China and South Africa - have taken steps to strengthen cooperation such as setting up a joint development bank
The budget has strong growth impulses and response of the economy is positive.
In the first half of the fiscal year, government had borrowed Rs 3.44 lakh crore.
The US Federal Reserve on Wednesday surprised the markets by saying it will continue with its monthly $85-billion bond buying programme and wait for more evidence of growth recovery.
Much of the rise in prices has been in food items
'The situation is quite terrifying as you have no job creation and there will be loss of jobs.'
Lower crude prices mean less government outlay for India,
Survey likely to be tabled in July by the new government.
Pitching for greater transparency in rule-making and other functions of regulators, Finance Minister Arun Jaitley has asked Sebi to work towards attracting more retail investors to the capital markets.
Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.
They expressed concern on taxation issues, the high fiscal and current account deficits, and sought removal of capital gains tax.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
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The minister, who will also be meeting foreign institutional investors whose money is key to funding CAD in the afternoon, did not speak to reporters waiting outside.
The Finance Ministry on Monday sought to assure the investors that the country's fundamentals are "very strong" even as the rupee slipped to below 63 to a US dollar and the BSE Sensex plunged by over 426 points on global cues, following currency crisis in Argentina.
Since August 2013, FIPB has approved two FDI proposals in the telecom sector.
The decision to increase the quantum of capital infusion was taken at a meeting between Finance Minister P Chidambaram, RBI Governor Raghuram Rajan and Economic Affairs Secretary Arvind Mayaram in New Delhi.
On Tuesday, Economic Affairs Secretary Arvind Mayaram told reporters that economic growth this financial year would be over five per cent and the numbers in the second quarter would be better than the first quarter which yielded gross domestic product expansion of 4.4 per cent, a four-year low.
Echoing the position articulated by Prime Minister Manmohan Singh, China and Russia on Thursday warned that imminent withdrawal of fiscal stimulus by the US could have an adverse impact on the global economy and cautioned the Obama administration against it.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
The Finance Ministry on Thursday said the growth rate in the current financial year will accelerate to 5.8 per cent, better than previous estimates, saying the green shoots of economic recovery are now visible.
The country last raised the amount of government debt that foreign investors can buy by $5 billion in June last year.
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The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
The Reserve Bank on Friday said the economy would grow by 5 to 5.5 per cent in the current fiscal, pinning its hopes on good farm output and improved exports.
India may be hit if stalemate in Washington persists over two weeks.
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The economy grew at a four year low of 4.4 per cent in the April-June quarter of current year.
Calling RBI Governor Raghuram Rajan's exit a 'bad omen' for the Indian economy, eminent economists and former policymakers on Sunday said it will be seen by the world as India's non-approval to a policy against inflation and bad loans.
India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).
Modi sarkar sets the ball rolling on appointment, next cabinet secretary is expected to be in office in September.
India is keen on the issue of equal share holding since it doesn't want a repeat of the distortions that have crept into Bretton Woods institutions like International Monetary Fund, World Bank and the Asian Development Bank in which rich countries like the US and Japan have a strangle hold.
The ministries and departments, where bureaucrats are parked after being moved out of key positions, reflect the priorities of the government.
The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.
A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
The shift was sudden, quite unlike Shukla's departure from North Block, which had been anticipated for some months even before Singh''s first Budget.
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