Economy
Bihar Chief Minister Nitish Kumar and Nepal Prime Minister Baburam Bhattarai at the Global Bihar Summit 2012 in Patna on Friday. Photo: PTI
Bhattarai: economic integration key to development of South Asia
‘Massive investments in key sectors vital for Nepal's development'
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RBI panel warns of fiscal slippages
Some members felt that the fiscal pressure would continue beyond 2011-12 "as the monetary impact of entitlements such as the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), oil, fertilizer and food subsidies would be significant."
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India a growth story for Ford: Michael Boneham
Work on the proposed $1-billion greenfield plant at Sanand in Gujarat ‘is on track'
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MPs want IT exemption limit raised to Rs. 5 lakh
Ahead of the Budget, some members of a Parliamentary panel scrutinising the Direct Taxes Code Bill on Friday pressed for raising the Income Tax exemption limit to Rs. 5 lakh per annum.
Th...
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New Delhi to go ahead with trade team visit to Iran
Commerce and Industry Minister Anand Sharma said India's trade relations with Iran would not be affected by the bomb attacks.
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NEW DELHI,
February 17, 2012
Thaw in ties sets off newer initiative with Pakistan
The thaw in relations between India and Pakistan has paved way for unleashing major ‘confidence building' initiatives on various fronts, including trade, banking, foreign direct investment and eas...
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New Delhi,
February 16, 2012
Parliamentary Panel likely to suggest hike in IT exemption limit
A Parliamentary panel will meet on Friday to discuss the report on the Direct Taxes Code (DTC) Bill, understood to have favoured raising Income Tax exemption limit to Rs. 3 lakh.
“The Sta...
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NEW DELHI,
February 15, 2012
Centre to miss disinvestment target
The Centre is likely to miss the disinvestment target of Rs.40,000 crore for the current fiscal as the Empowered Group of Ministers (EGoM) on Wednesday failed to reach a consensus on selling the g...
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New Delhi,
February 15, 2012
Illegal outflow of Rs. 66,085 cr prevented by Revenue dept., says Pranab
Government’s efforts to deal with the menace of black money helped in checking tax evasion as alert revenue officials prevented illegal outflow of over Rs 66,000 crore by MNCs during the last fisc...
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BEIJING,
February 14, 2012
China ready to play the saviour for debt-hit Europe
Chinese Premier Wen Jiabao told visiting European Union leaders on Tuesday that China was ready to play a bigger role in supporting debt-hit Europe, but stopped short of revealing either the scale...
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New Delhi,
February 14, 2012
Inflation eases to 6.55 per cent in January
Much to the government's respite, headline inflation eased to a 26-month low at 6.55 per cent in January from 7.47 per cent in December, 2011, owing to a further fall in vegetable prices, promptin...
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Lahore (Pakistan),
February 13, 2012
Pakistan seeks more time to finalise negative list
In what could lead to delay in taking giant step towards removing trade barriers and enhance economic engagement between Pakistan and India, Pakistan on Monday said that it would not be po...
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February 12, 2012
We should have moved faster on Nano
Prakash M. Telang, Managing Director (India Operations) of Tata Motors, is a veteran of both the automobile industry and Tata Motors. An engineer with an IIM (A) degree under his belt, M...
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February 11, 2012
A crisis ignored
The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP growth rate from 8.4 per cent last year to 6.9 per t...
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NEW DELHI,
February 11, 2012
Montek pitches for cross-border harmonisation of tax laws
Pitching for harmonisation of tax laws across national borders, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday favoured India taking steps to align its rules in line with bes...
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Paperless insurance in a year: IRDA
Euro Ministers cold on deal to bail out Greece
Trade team to visit Iran to boost ties
Exports record 10% growth
Jet fuel import may hit infrastructure snag
Senior UPA ministers losing sleep over proposed Food Security Act
Iran agrees for part payment in rupees for crude oil sale
Registration department nets Rs.141-cr. from Samadhan Scheme
Washington,
February 17, 2012
World Bank chief Zoellick decides to step down
World Bank President Robert Zoellick has announced to step down from at the end of his five-year-term in June, giving rise to speculation that the Secretary of State, Hillary Clinton, may be heade...
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February 16, 2012
Hair and how
The economic downturn may have dented India's exports in most sectors, but export of human hair continues to be buoyant. The global import of human hair during 2010 was US$ 1339 million, against wh...
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ISLAMABAD,
February 15, 2012
India-Pakistan trade set to take off in a big way
The economic and trade engagement between India and Pakistan is ready to take off in a big way notwithstanding the decision of the Pakistan Cabinet to defer the pruning of the ‘negative list.' The...
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MUMBAI,
February 14, 2012
RBI realigns Bank Rate with MSF
The Reserve Bank of India (RBI) has decided on Monday to increase the Bank Rate by 350 basis points from 6 per cent to 9.50 per cent per annum with immediate effect.The RBI said that it rea...
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New Delhi,
February 14, 2012
High prices of edible oil, milk push food inflation: Pranab
With inflation falling to a two-year low, Finance Minister Pranab Mukherjee today hoped it will drop further to 6 per cent by March, but warned that high prices of edible oils and milk could stoke...
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HYDERABAD,
February 13, 2012
IT sector earnings likely to grow 22 %
Export of software and IT-enabled services is expected to touch $68 billion by the end of the current fiscal, up from $57 billion in 2010-11. However, in rupee terms, it has shown a 24 per cent de...
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February 12, 2012
Official data gives no cause for optimism
On the face of it, the Central Statistical Organisation's (CSO) advance estimates of gross domestic product (GDP) growth for the current year (2011-12), released last Tuesday, give little room for...
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New Delhi,
February 12, 2012
CII suggests measures to achieve exports target
Against the backdrop of Commerce Ministry preparing the India’s Foreign Trade Policy, CII has suggested measures that would aid in achieving the $500-billion exports target by 2014-15.The i...
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Analysis,
February 11, 2012
Offices go a-begging
After a sharp growth for nearly two years, the tide has turned against the commercial property market in the country. It has been facing a slowdown in the last quarter of 2011 with the sentiment be...
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NEW DELHI,
February 10, 2012
FDI worth Rs.1,034 cr cleared
The Central Government on Friday approved 20 foreign direct investment proposals (FDI), including that of Fluke South East Asia Pte, APF II India Investments Mauritius and Edict Pharmaceuticals, t...
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Industrial growth slumps to 1.8%
Public debt up 3.2 per cent to Rs.33.82 lakh crore in Q3
Tea exports drop in 2011
Implement FDI in an intelligent way: N. Ram
Tardy growth in direct tax collections
2G verdict will not impact FDI: Moily
GDP growth scaled down to 6.9 %
Latest in this section
Bhattarai: economic integration key to development of South Asia
RBI panel warns of fiscal slippages
Thaw in ties sets off newer initiative with Pakistan
New Delhi to go ahead with trade team visit to Iran
MPs want IT exemption limit raised to Rs. 5 lakh
World Bank chief Zoellick decides to step down
India a growth story for Ford: Michael Boneham
Parliamentary Panel likely to suggest hike in IT exemption limit
Hair and how
Centre to miss disinvestment target
New Delhi to go ahead with trade team visit to Iran
MPs want IT exemption limit raised to Rs. 5 lakh
RBI panel warns of fiscal slippages
India a growth story for Ford: Michael Boneham
World Bank chief Zoellick decides to step down
Parliamentary Panel likely to suggest hike in IT exemption limit
IT limit raised, senior citizen age limit reduced
India signs international tax treaty
Morgan Stanley lowers India’s 2012 GDP forecast to 7.4 p.c.
IT sector earnings likely to grow 22 %
