A day after deciding to nearly double natural gas prices to $8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.
PS banks need to pull up their socks to improve cash flows.
.jpg)
The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
.jpg)
Likely to set the ball rolling for Rs 1.72-lakh-cr projects today
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
The GST will alter the very face of fiscal federalism in India.
Thailand, Indonesia want unconditional access to India's multi-brand retail space.
While Congress-ruled states such as Kerala, Karnataka and Assam expressed fears about the sudden demise of the planning process and wondered what it would be replaced with, also worrying about the immediate implications on annual Plan outlays, Andhra Pradesh said it was considering setting up its own NITI Aayog.
The document titled 'Details of the steps in the decision making process leading to the award of 36 Rafale fighter aircraft order' stated that the process as laid down in the Defence Procurement Procedure-2013 has been followed in procurement of the Rafale aircraft.
Clearly, rich Indians have little confidence in India. Perhaps we are also chronically dishonest.
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
'What are the circumstances at that time? Had you thought Modi will come after Vajpayee?'
It is welcome that the government tried to make its intentions clear last week - especially as risk concerns return to global markets.
'It is vital we should form an international coalition against ISIS, because their brutality and the use of the Internet for jihadist activities is a reminder that the entire world community has to be in this together,' US Congressman Ed Royce, chairman of the House Foreign Affairs Committee, tells Aziz Haniffa/Rediff.com in an exclusive interview ahead of Prime Minister Modi's visit.
IMF projected India's economic growth at 4.25% in 2013-14.
Education, jobs, health and more: Experts share their wishlist.
The proposal will now be considered by the Cabinet Committee on Economic Affairs.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
FM needs to convince Indians to invest more in stocks.
RBI Governor Raghuram Rajan has said falling oil prices act as a cushion for CAD, adding it is time India does away with restrictions on gold imports
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
Gold schemes are offering attractive returns to investors.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
The RBI holds its next policy meeting in early June.
A summary of sports events and sports persons, who made news on Wednesday
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Mamata woos industry with boat ride to Gangasagar, Sundarbans
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
The Congress has reasons to enjoy the BJP's discomfiture. After all, the Insurance Bill was introduced by the UPA government in 2008 but was constantly blocked by the BJP on some pretext or the other which was then in the Opposition.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
Retirees and labour officials acknowledged that the city's finances were in a shambles and they would have to share in the sacrifice to help Detroit recover.
Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.
'There is tension between the zones all the time.'
ICICI Bank CEO Chanda Kochhar stirred a hornet's nest this week when she linked the low numbers of women in B-school to a focus on quantitative ability in the testing process.
Most expect the Budget to be path-breaking.
