Govt to infuse Rs 4,868 cr into state-owned banks
New Delhi, July 30: The government today decided to release Rs 4,868 crore to public sector lenders for providing concessional loans to farmers.
The decision, taken at a Cabinet meeting, will help le
Rising prices not government failure: Pranab
New Delhi, July 28: Finance Minister Pranab Mukherjee Wednesday welcomed a debate on the rising prices which, he said, was not a government failure and could be discussed but not voted on.
Unless the
EGoM skips Anil’s plants
July 28: The much-talked meeting of a ministerial panel on Wednesday skipped the discussion on allocating natural gas to the Anil Ambani Group power plants even as it asked the oil ministry to indicat
RBI rate hike to check inflation, not hurt growth: Pranab
New Delhi, Jul 27: Finance Minister Pranab Mukherjee today said the Reserve Bank's decision to raise short-term key rates will check inflation without hurting growth.
"I expect this policy will lead
Bill to settle disputes between regulators introduced
New Delhi, July 27: Finance Minister Pranab Mukherjee Tuesday introduced a bill in the Lok Sabha to replace an ordinance issued last month to resolve all disputes between regulators over hybrid financ
RBI will now review monetary policy mid-quarter
Mumbai, July 27: The Reserve Bank of India (RBI) Tuesday said it would update the monetary policy about 45 days after the quarterly review to respond faster to changing domestic and international econ
Rate hike will hurt: Industry
New Delhi, July 27: India Inc Tuesday said the Reserve Bank of India's decision to raise the reverse repo rates by 50 basis points (bps) would hurt the manufacturing sector.
The Federation of Indian
Govt approves 18 FDI proposals worth Rs 2,245 cr
New Delhi, July 23: The government today approved 18 foreign investment proposals worth Rs 2,245.32 crore, with the major inflow being accounted for by Transcend Infrastructure for setting up communic
Food inflation falls to 12.47 pc
New Delhi, July 22: Annual food inflation fell to 12.47 per cent for the week ended July 10 from 12.81 per cent in the previous week on back of decline in prices of vegetables, especially potato and o
Pranab reassures regulators
Hyderabad, July 20: The Union finance minister, Mr Pranab Mukherjee, on Tuesday announced that the government had no intention to meddle with the working of various regulatory bodies that were given a