a nation should ensure that people are compensated adequately for their work by paying the minimum wage.
With growth rate falling and with inflation continuing to be flat expects a rate cut
Housing regulator, NHB, which is awaiting $ 500 million loan from the World Bank for low cost housing, today said property prices would rise in the next one year, but that would result in correction in these rates in all the metros subsequently.
C Rangarajan, chairman of the Prime Minister's Economic Advisory Council, on Thursday said he expects the Indian economy to grow by 8.5 per cent in FY'12 on the back of services sector and industry expansion, though he hinted that agriculture might not be a big contributor.
The gross domestic product grew by 6.1 per cent in the first quarter of 2009-10 and the year may end with 6.5 per cent.
Former Reserve Bank Deputy Governor S S Tarapore on Thursday said that the apex bank should not lower its repo and cash reserve ratio rates in its forthcoming monetary policy review.
'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'
Right now there are about 30 lakh (3 million) subscribers under the Swavalamban scheme.
Capital markets regulator Sebi Chairman U K Sinha advocated the listing of bourses and greater competition among exchanges.
The economy expanded at a decade-low rate of 5 per cent in the first year of the 12th Plan
As hard as it is to believe, the impact of information technology is far greater in rural areas than in cities, says a survey on e-governance project by management and ICT consultancy firm Skoch.
As per norms these companies should have minimum public float of 10 per cent by August.
The Reserve Bank and the government has contingency plans to deal with the situation if Greece exits the Eurozone, RBI Deputy Governor K C Chakrabarty said on Friday.
