Inflation
Ground realities may hurt Chidambaram's agenda
The return of a pro-market reformer to India's finance ministry has cheered investors and contributed to a market rally, but Palaniappan Chidambaram will need both political deftness and some luck to
Action plan to rein in high fiscal deficit shortly: Mayaram
The Finance Ministry on Thursday said it was committed to bring down burgeoning fiscal deficit and will soon come out with an action plan to achieve this objective.
PC sets roadmap to pep up economy
In a bid to reverse the downturn in economy and give fillip to the investment, new finance minister P. Chidambaram on Monday unveiled a roadmap to fine-tune existing policies.
In a statement he indi
Markets give thumbs up to PC
The markets surged to scale their highest closing levels in nearly four weeks after the Union finance minister P. Chidambaram said that he intends to shortly unveil a path of fiscal consolidation and
Govt to shortly unveil path of fiscal consolidation: FM
Finance Minister Palaniappan Chidambaram said on Monday he intends to shortly unveil a path of fiscal consolidation, assisted by a panel.
Chidambaram also said clarity and stability in tax laws would
High vegetables prices may further push retail inflation
Poor monsoon continues to put pressure on prices of staple vegetables, including tomato and potato, and could further push up retail inflation which is hovering above the double-digit mark.
Rates
Manufacturing key to achieve GDP growth above 6.5%: RBI
India needs to focus more on manufacturing in order to achieve GDP growth more than 6.5 per cent, Reserve Bank of India has said.
The manufacturing sector has the scope for creating jobs for million
RBI feels risks high, unlikely to cut rates
The Reserve Bank of India (RBI) on Monday said that the growth in the Indian economy is likely to remain below potential in FY 2013 as newer risks to growth have arisen from slowing global trade, domestic supply bottlenecks of industrial inputs, coal and electricity and less than satisfactory monsoon so far.
Sangma targets Pranab for economic slowdown
BJP-backed Presidential poll candidate P.A. Sangma on Monday targeted Finance Minister and UPA nominee Pranab Mukherjee for the economic slowdown.
"If the rupee is at an all time low, if the internat
High inflation may prevent RBI from cutting rates
In view of high inflation and deficient monsoon rainfall, the Reserve Bank may find it difficult to cut the key lending rate to boost the economy as is being demanded by the industry.
