RBI, Govt not antagonistic to each other, says PC
Finance minister P. Chidambaram on Sunday rejected the perception that his ministry and RBI were at loggerheads over interest rates and other issues, and said that they were not ‘antagonistic’ to each other.
Telecom, FinMin differ on spectrum mortgage pact
The ministries of finance and telecom have not been able to finalise terms of an agreement that will facilitate funding from banks for spectrum auction to be held before August 31.
According to offic
India should learn from crisis in eurozone: Manmohan Singh
The events in eurozone should not cast a shadow on our efforts at building unity and eventually a South Asian union, Prime Minister Manmohan Singh said, declaring open the Unesco Madanjeet Singh Insti
Indian financier jailed over 1990s crisis-era fraud in Thailand
A Thai court jailed an Indian financier for 10 years on Friday for massive embezzlement that helped bankrupt a Thai bank in the mid-1990s and spark a crisis in the financial sector that spread through
Have time-specific savings
Investment choices are many. Often, we do not give eno-ugh thought to what kind of investments are suitable for us. Each one of us has a different reason for investing. Each offers us a different rate
Celeb take: Bhairavi Goswami
Q) Are you a big investor?
No. I am not.
Q) Who advises you on your investment strategy?
Earlier, my relationship manager of an asset management company used to advise me. But I realised he was maki
Montek feels govt should raise petroleum prices
Dismissing the perception of policy paralysis surrounding the union government, Planning Commission Deputy Chairman Montek Singh Ahluwalia feels the government should raise petroleum prices as part of
Austerity steps soon, but don’t panic: Pranab Mukherjee
Finance minister Pranab Mukherjee told Parliament Wednesday the government would have to resort to 'unpopular austerity measures' given India’s fiscal problems and with international oil prices rising
India plans to issue some austerity measures, says Pranab Mukherjee
India will issue some austerity measures to aid the fiscal consolidation process, Finance Minister Pranab Mukherjee said on Wednesday.
Mukherjee's comments came after the rupee hit a record low again
Govt may consider waiving penalty in Vodafone-like cases
Faced with criticism over the proposed amendments to tax laws with retrospective effect, the government may dilute the provisions to allow waiver of penalties on tax demands to be raised on Vodafone-l