Apr 29, 2016 at 16:52 | Source: Moneycontrol.com
A fall in crude oil prices mean low inflation, but too much erosion in crude oil prices too is not good for the Indian economy.
Apr 26, 2016 at 16:20 | Source: PTI
Naik said a separate research budget is earmarked for other scientific organisations, including department of science and technology, department of Bio-Technology and Indian Council of Agricultural Research (ICMR).
Apr 25, 2016 at 10:43 | Source: CNBC-TV18
Since December 2015, banks have been borrowing Rs 1.5-2.5 lakh crore from RBI to meet their daily CRR requirements. The governor addressed this complaint fully and squarely in the April 4th policy when he said he will reduce the liquidity deficit in the interbank market to zero.
Apr 18, 2016 at 08:00 | Source: PTI
According to the study by Japanese brokerage Nomura, which was based on the 2016-17 Budgets of 16 states, this comes on top the sharp 22 percent rise in borrowings in the previous fiscal despite an increase in central transfers.
Apr 12, 2016 at 08:08 | Source: PTI
"The first step was that in any fiscal management, we have to keep state governments on board... The DEA will be moving a note. We will also be giving our inputs. We will see how the committee if formed... It will eventually go to Cabinet," Finance Secretary Ratan Watal told reporters here.
Apr 11, 2016 at 09:04 | Source: Reuters
In a written response to a question by a member of Parliament during a session to discuss the upcoming budget, Prakash Javadekar, India's environment minister, said that the sum allocated to the National Adaptation Fund on Climate Change (NAFCC) will cover the two financial years 2015-16 and 2016-17.
Apr 08, 2016 at 18:20 | Source: PTI
Society of Indian Automobile Manufacturers (SIAM) had in March revised the growth forecast of passenger vehicles for the new fiscal to 11 per cent from 12 per cent after the imposition of infrastructure cess ranging between 1-4 per cent in the Budget.
Apr 08, 2016 at 08:50 | Source: PTI
Referring to the Goods and Services Tax (GST), the report said that despite several reform measures, goods and services continue to be bogged down with several indirect taxes at different stages of the value chain with significant tax cascading.
Apr 07, 2016 at 18:37 | Source: Reuters
India's power reforms are likely to put pressure on state governments' budgets, potentially forcing them to cut spending needed to support economic growth, the Reserve Bank of India (RBI) said in a report on Thursday.
Apr 07, 2016 at 13:18 | Source: PTI
Jaitley, who in May last year stated that Indian democracy faced a serious challenge with an 'indirectly elected' Upper House questioning the wisdom of 'directly elected' Lok Sabha, today said he will again be speaking to the Congress on the GST bill.