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  • RINL plans to raise up to Rs 6000 cr in 3 years Oct 28, 2012 12:20 PM IST

    RINL plans to raise up to Rs 6000 cr in 3 years

    State-owned steelmaker Rashtriya Ispat Nigam Ltd (RINL) plans to raise about Rs 5,000-6,000 crore in the next three years from the markets to meet its capital expenditure requirements.

  • State government finances report: ICRA Oct 18, 2012 02:52 PM IST

    State government finances report: ICRA

    ICRA has come out with its release on state government finances. Several challenges confront state governments as they attempt to conform to fiscal targets set by the Thirteenth Finance Commission for 2012-13, says ICRA.

  • CAG slams Coal India for incurring avoidable expenditure Sep 04, 2012 02:48 PM IST

    CAG slams Coal India for incurring avoidable expenditure

    Pulling up the Coal India management this time, auditing agency CAG today said it could have saved at least Rs 20 crore for the state-run firm had it initiated prudent action against avoidable expenditure.

  • Kelkar panel may seek review of 5.1% fiscal deficit target Sep 04, 2012 09:00 AM IST

    Kelkar panel may seek review of 5.1% fiscal deficit target

    The Kelkar panel report on fiscal consolidation has been submitted to the Finance Minister. The panel may call for a review of the 5.1% fiscal deficit target. Finance ministry estimates peg the target at 6%. The panel may push for speedy divestment and monetisation of PSU assets, reports CNBC-TV18's Aakansha Sethi quoting sources.

  • India announces austerity measures, cuts non-plan spend May 31, 2012 06:02 PM IST

    India announces austerity measures, cuts non-plan spend

    India announced a series of austerity steps on Thursday, including a 10% cut in non-plan expenditure for 2012/13, in a bid to contain its ballooning fiscal deficit.

  • Union Budget 2012: Execution of promises key for market, says Morgan Stanley Mar 16, 2012 10:29 AM IST

    Union Budget 2012: Execution of promises key for market, says Morgan Stanley

    Managing Director of Morgan Stanley Chetan Ahya tells CNBC-TV18 that the market will not be swayed by promises, but will keep an eye out for execution and how the targets are met.

  • Economic Survey: FY13 forecast too optimistic; eyeing 6.5%, says Comm Secy Mar 15, 2012 09:02 PM IST

    Economic Survey: FY13 forecast too optimistic; eyeing 6.5%, says Comm Secy

    Commerce Secretary Rahul Khullar believes that the growth forecast announced today in the Economic Survey is too optimistic, and says that he expects it to come around 6.5% for FY13.

  • Budget 2012: Not fun to be in FM's shoes, here's what to expect Mar 12, 2012 11:27 AM IST

    Budget 2012: Not fun to be in FM's shoes, here's what to expect

    A stressed treasury, an inflation barely under control coupled with unexciting growth performance, electoral verdicts signaling the pro-poor image losing luster, all conspire to make his life difficult.

  • Here is why all tax payers should know the new 8D rule Dec 09, 2011 03:29 PM IST

    Here is why all tax payers should know the new 8D rule

    As per rule 8D, a formula has been given by the CBDT with regard to determination of the expenditure.

  • India's FY12 overall deficit may be at 8.6% of GDP: Report Oct 30, 2011 06:55 PM IST

    India's FY12 overall deficit may be at 8.6% of GDP: Report

    India's combined fiscal deficit --of both the Centre and states--during 2011-12 could be as high as 8.6% of the GDP and any further slippage could risk a credit downgrade and loss of business confidence, says a report.

  • RBI annual report hawkish: Does it indicate a rate hike? Aug 25, 2011 05:39 PM IST

    RBI annual report hawkish: Does it indicate a rate hike?

    The RBI annual report which takes a comprehensive look at the economy has warned of a tough 2011-12.

  • Fuel up, margins down, says VP Finance, Jet Airways May 19, 2011 05:02 PM IST

    Fuel up, margins down, says VP Finance, Jet Airways

    Jet Airways’ vice president of finance, Shiv Kumar, tells CNBC-TV18 that the loss incurred in Q4 on an annual basis was mainly on account of fuel price hikes.

  • Govt must target fiscal consolidation in budget: PM Advisor Feb 14, 2011 07:04 PM IST

    Govt must target fiscal consolidation in budget: PM Advisor

    In an interview with CNBC TV-18, Dr. Kirit Parikh, Dr. Abhijit Sen, Dr. M Govind Rao gave their views on what should be the economy policy issues that should underpin the forthcoming budget.

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