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Economy

Experts hail draft GST paper but want octroi to be subsumed 

8.23 pm | 10 Nov 2009 |  Source: Moneycontrol.com

Experts unanimously hailed the government releasing the draft paper for the goods and sales tax (GST). One catch: they all say it fails to mention tha...

Oil rally complicates China fuel pricing 

4.35 pm | 10 Nov 2009 |  Source: Reuters

China's latest fuel price rise may be its last easy fuel pricing decision for a while. ...

World oil demand to grow 700,000 bpd in 2010: OPEC 

4.32 pm | 10 Nov 2009 |  Source: Reuters

Global oil demand will grow 700,000 barrels per day (bpd) in 2010, OPEC's Secretary-General Abdullah al-Badri said in a speech delivered on his behalf...

Govt unveils draft of dual-structure GST 

4.27 pm | 10 Nov 2009 |  Source: Moneycontrol.com

The government on Monday unveiled the draft of a unified tax that, when implemented, will do away with a host of other other taxes....

Stimulus exit hinges on global recovery: Pranab Mukherjee 

3.37 pm | 10 Nov 2009 |  Source: Reuters

India will focus on driving domestic demand until key developed markets recover and will not exit fiscal stimulus measures until necessary, Finance Mi...

RBI faces higher inflation, capital flows 

3.18 pm | 10 Nov 2009 |  Source: Reuters

India is facing a dilemma of needing to contain rising inflation while trying to support growth and managing foreign capital inflows, Reserve Bank dep...

Bankers expect 22% credit growth, better asset quality 

2.47 pm | 10 Nov 2009 |  Source: CNBC-TV18

It has been a muted second quarter for the Indian banking industry. Poor loan growth and rising non-performing assets (NPAs) hurt; margins however imp...

RBI to ensure adequate cash in system 

12.45 pm | 10 Nov 2009 |  Source: Reuters

The Reserve Bank of India will ensure there is adequate liquidity in the banking system, deputy governor Shyamala Gopinath said. "We closely monitor l...

Fed rate stance to create more asset bubbles:Raghuram Rajan 

12.02 pm | 10 Nov 2009 |  Source: CNBC-TV18

The PM's Economic Advisor says the trillions of dollars pumped in to help recovery maybe causing the rise of new asset bubbles....

RBI deputy: confronted by inflation upturn 

11.51 am | 10 Nov 2009 |  Source: Reuters

Inflationary pressures in India are more than in developed countries, the Reserve Bank of India deputy governor Shyamala Gopinath said on Tuesday....

Labour reforms, infra spend key to Indian eco growth: UNDP 

9.46 am | 10 Nov 2009 |  Source: Reuters

India needs to reform its rigid labour laws and invest more on infrastructure to return to a trajectory of higher growth, a senior official of the Uni...

BoA Merrill Lynch sees India hiking policy rates in Jan-Mar 

8.44 am | 10 Nov 2009 |  Source: NewsWire18

The Reserve Bank of India is likely to reverse its accommodative monetary policy stance from January-March, Kevan V Watts, India Head, Bank of America...

FY10 industrial output seen higher on yr: Industry Secy  

8.25 am | 10 Nov 2009 |  Source: NewsWire18

India's industrial production in the current financial year ending March is likely to be higher compared with last year, Industry Secretary Ajay Shank...

Highlights: Speakers at the World Economic Forum 

8.05 am | 10 Nov 2009 |  Source: Reuters

See excerpts from what was said by participants on the second day of the World Economic Forum meeting in New Delhi on Monday. ...

India gold seen easing by Dec-end, could recover later 

7.36 pm | 09 Nov 2009 |  Source: Reuters

The precious yellow metals may retrace off its lifetime highs, say experts, but will continue to head up further from thereon....

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