Economy

IFC to sell rupee-linked bonds of $1 bn

The International Finance Corporation (IFC), the World Bank's investment arm, plans to raise $1 billion by selling rupee-linked bonds to…

10 years ago

IMF lowers India’s growth projections to 3.8 percent

With the world economy entering yet another transition, the International Monetary Fund (IMF) expects India to grow at around 3.8…

10 years ago

Direct tax collection rises by 10.66 percent

Gross collection from direct taxes that include personal income tax and corporate taxes, increased by 10.66 percent to Rs.3,01,250 crore…

10 years ago

Sensex rises 88 points; realty, capital goods stocks climb

A benchmark index of Indian equities markets rose 88 points Tuesday led by a good buying support in interest rate…

10 years ago

New banks should not be clones, but different: Chidambaram

The proposed new private banks, awaiting license from the Reserve Bank of India (RBI) to commence business, should not become…

10 years ago

Economy to recover from stress soon: Chidambaram

India's sagging economy would recover from stress in the second half of this fiscal to return to high growth over…

10 years ago

India’s forex reserves drop by $1.11 billion

India's foreign exchange (forex) reserves fell by $1.11 billion to $276.26 billion for the week ended Sep 27

10 years ago

Mukherjee defends stimulus as finance minister

President Pranab Mukherjee has defended the steps he took as finance minister during the global economic crisis, saying the stimulus,…

10 years ago

‘œIndian poor have benefitted from globalisation’: Rahul Bajaj

Globalisation has benefitted the financially weaker sections of Indian society, chairman of Bajaj Industries and Former Member of Parliament Rahul…

10 years ago

US debt ceiling issue to hurt global economy: IMF chief

The International Monetary Fund (IMF) chief warned on Thursday that if US Congress failed to raise the government's borrowing authority,…

10 years ago

Banks to offer cheap loans to prompt customer demand

The government decided to improve capital infusion into the PSU banks to facilitate them to offer cheaper loans for auto…

10 years ago

Cabinet approves Jet-Etihad deal

The Cabinet Committee on Economic Affairs Thursday approved the agreement between Jet Airways and Abu Dhabi-based Etihad Airways for a…

10 years ago

Sensex closes 385 points up; bank stocks gain

A benchmark index of Indian equities markets in Thursday closed 385 points or nearly two percent, up a day after…

10 years ago

US shutdown opens new doors for India

It could potentially prove to be good as budding markets are doing well because of this crisis.

10 years ago

US business concerns due to Indian economy’s slowdown: PM

US President Barack Obama has suggested a CEO's forum meets to discuss concerns relating to business between the two countries,

10 years ago

Current account deficit widens to $21.8 bn

India's current account deficit rose to $21.8 billion or 4.9 percent of the country's gross domestic product (GDP) in the…

10 years ago

President calls for rural growth strategy to end poverty

President Pranab Mukherjee on Monday called for a rural growth strategy in order to make a decisive impact on poverty…

10 years ago

Time for alternative economic policies: Rajnath Singh

Blaming the Congress-led UPA government for the country's economic crisis, BJP president Rajnath Singh said the prime minister was not…

10 years ago