Mar 24, 2015 at 11:25 | Source: Reuters
The flash HSBC/Markit Purchasing Managers' Index (PMI) dipped to 49.2 in March, below the 50-point level that separates growth in activity from a contraction on a monthly basis.
Mar 23, 2015 at 15:08 | Source: CNBC-TV18
The government is on course to meet its fiscal year 2014-15 deficit target of 4.1 percent it outlined in the Union Budget in February, expenditure secretary R Wattal told CNBC-TV18.
Mar 20, 2015 at 14:48 | Source: PTI
Under the new regime, rules and regulations differ from those applicable outside these IFSCs. "GIFT in Gujarat was envisaged as IFC (International Finance Centre) that would actually become as good an IFC as Singapore or Dubai, which, incidentally, are largely manned by Indians. "The proposal has languished for years.
Mar 20, 2015 at 11:57 | Source: CNBC-TV18
The government had budgeted Rs 12000 crore from spectrum auction in revised FY15 estimate. However, the government is on course to meet its 4.1 percent FY15 fiscal deficit target.
Mar 18, 2015 at 10:16 | Source: IBNLive.com
The Sony Xperia E4 Dual sports a 5-inch qHD display and at its heart is a 1.3GHz quad core processor. The smartphone runs on Android 4.4 KitKat OS and features a 5-megapixel rear camera and a 2-megapixel front-facing camera.
Mar 16, 2015 at 12:45 | Source: PTI
Pawan Goenka said that till now there was not much inventive in India for electric vehicles but the new government has earmarked in its annual Budget Rs 75 crore for faster adoption and manufacturing of electric vehicles in 2015-16.
Mar 14, 2015 at 14:17 | Source: PTI
A minister in the UK Treasury has said that the dispute surrounding the USD 1.6 billion tax bill imposed on Scottish oil major Cairn Energy by Indian authorities will not affect UK investor confidence in India.
Mar 12, 2015 at 18:55 | Source: Moneycontrol.com
The clamour for raising public investment is growing by the day, especially in railways. This gained further momentum post the government's economic survey which pegged railways multiplier effect at 5 or more, according to a Deutsche Bank report.
Mar 12, 2015 at 17:49 | Source: PTI
In their meeting with Fitch representatives, senior Finance Ministry officials highlighted various initiatives announced in the Budget 2015-16 which are expected to boost investment and growth. The officials highlighted the government's commitment to stick to targets set for the fiscal as well as the current account deficits.
Mar 11, 2015 at 21:20 | Source: PTI
In Budget, Finance Minister Arun Jaitley had proposed infusing Rs 7,940 crore funds next fiscal in the public sector banks to enable them maintain adequate capital. "We don't have fiscal space and banks are adequately capitalised for the moment. There is no immediate need to raise funds from the market," Adhia said.