BJP wants conditions for FDI in insurance, pension
In the wake of reforms announced by the government in insurance and pension sectors, BJP on Thursday said while it is not opposed to more FDI in these areas certain caveats and conditions should be
India's rich grab Australian assets, new visas may help
India's wealthy, from old money to nouveaux riches IT entrepreneurs, are quietly snapping up hotels and mines Down Under just as Australia embarks on an immigration campaign to attract long-term inves
Rupee rises to fresh 5-month high of 52.28 against dollar
The rupee rose by 12 paise to fresh over five-month high of 52.28 against the American currency in early trade on Wednesday at the Interbank Foreign Exchange on continued dollar selling by exporters a
Sensex up 51 points in early trade on funds buying
The BSE benchmark Sensex gained over 51 points in early trade on Wednesday on sustained buying by funds and retailers on expectations of more policy reforms by the government amid a firming trend in A
ADB lowers India's growth projection to 5.6 pc
Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for the current fiscal to 5.6 per cent, from 7 per cent projected earlier, citing falling global demand and impact of delayed
Despite talks with ministers, landless poor march to Delhi
A large number of people, including tribals, on Wednesday set out on a 'Jan Satyagraha' march to Delhi from here to highlight the problems of landless poor.
Before the march, Gandhian organisation E
Need $70 billion inflows a year to bring CAD to 2.3%: Rangarajan
A steep fall in merchandise trade has caused the current account deficit (CAD) at elevated levels and India needs capital inflows of up to USD 70 billion a year for the next few years to bring it d
Domestic tourism goes up in spite of inflation
Rupee depreciation as well as escalating airfares and hotel room rents are not deterring the Indian travellers from holidaying.
Domestic travel trips have gone up by nearly 84 per cent over the firs
Economy teeters at ‘fiscal precipice’, says Kelkar panel
India is on the edge of a 'fiscal precipice' and should urgently slash fuel, food and fertiliser subsidies to curb a budget deficit that could hit 6.1 per cent of gross domestic product this fiscal year, a government panel warned.
Centre junks anti-subsidy report
The government on Friday appeared to differ with the Kelkar Committee report on sharp reduction in subsidies on petroleum, food and fertiliser.
The report had said that the policy objectives should b