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Economy

Govt plans rice reserve sale in local markets

4.37 pm | 21 Nov 2009 |  Source: Reuters

India, the world's second biggest rice grower, plans to sell the grain in local markets from reserves to douse fears of shortage caused by the worst m...

RBI's new forex derivative rule too liberal, say experts 

3.11 pm | 21 Nov 2009 |  Source: CNBC-TV18

The Reserve Bank of India (RBI) has announced draft rules for foreign exchange (forex) derivatives. The majority opinion from bankers, corporates and ...

Interest rates may remain flat till May '10: Deepak Parekh 

12.07 pm | 21 Nov 2009 |  Source: CNBC-TV18

HDFC’s Chairman Deepak Parekh fears that an asset bubble may be in the making....

Road sector, a good parking lot for investments 

9.35 pm | 20 Nov 2009 |  Source: CNBC-TV18

Union Road Transport and Highways Minister Kamal Nath believes that as long as India remains a good investment destination and in that destination a g...

India has seen major eco reforms but why are they so slow? 

6.45 pm | 20 Nov 2009 |  Source: Reuters

Mass protests by sugarcane farmers backed by political opposition parties forced the parliament to adjourn for a second day on Friday, a major headach...

India's FX reserves at $286.376 bn as on Nov 13 

6.00 pm | 20 Nov 2009 |  Source: Reuters

India's foreign exchange reserves rose to USD 286.376 billion as on Nov. 13, from USD 285.414 billion a week earlier, the Reserve Bank said in its wee...

Govt has no roadmap to exit stimulus says junior FM 

4.08 pm | 20 Nov 2009 |  Source: Reuters

The government has not yet chalked out a roadmap to withdraw stimulus in the first half of 2010, the junior finance Minister said on Friday in a writt...

Govt to change new sugarcane pricing rule: Minister 

4.02 pm | 20 Nov 2009 |  Source: Reuters

The government has agreed to change a new sugarcane pricing rule, Railways Minister Mamata Banerjee told reporters after a meeting of senior governmen...

Govt won't tax capital inflows: Ahluwalia 

3.19 pm | 20 Nov 2009 |  Source: Reuters

India is not considering imposing a tax to curb an influx in overseas funds, and indeed wants an increase in inflows, the deputy chairman of the gove...

SP Tulsian terms FRP as an 'ill-concieved' move 

2.34 pm | 20 Nov 2009 |  Source: CNBC-TV18

In an interview with CNBC-TV18, Jonathan Kingsman, Managing Director of Kingsman SA, Investment Advisor SP Tulsian and Narendra Murukumbi of Shree Ren...

Ahluwalia says not looking at tax on inflows 

11.34 am | 20 Nov 2009 |  Source: Reuters

India is not considering imposing a tax to curb capital inflows, and wants the inflows to rise a little more, the Deputy Chairman of the government's ...

Parliament nod unlikely for insurance bill 

6.34 pm | 19 Nov 2009 |  Source: Reuters

A bill to reform the insurance sector is unlikely to be cleared by the parliament's winter session, a finance ministry official said on Thursday....

OECD raises India 2010 GDP growth forecast 

4.36 pm | 19 Nov 2009 |  Source: Reuters

Following is a summary of what the Paris-based Organisation for Economic Co-operation and Development had to say about non-members Brazil, India, Chin...

Power Fin in pact with 3 state-run cos for equal JV 

4.36 pm | 19 Nov 2009 |  Source: Reuters

Power Finance Corporation in pact with 3 state-run cos for equal JV....

No proposal to raise fuel prices: Oil secy 

3.31 pm | 19 Nov 2009 |  Source: Reuters

The government has no immediate plan to raise fuel prices, Oil Secretary RS Pandey said on Thursday....

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