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Rajasthan extends support to FDI in multi-brand retail

Rajasthan extends support to FDI in multi-brand retail

After Delhi, Uttarakhand and Manipur, Rajasthan has also extended its support for the Centre’s decision to allow foreign direct investment (FDI) in the multi-brand retail, stating the move would improve…

CAG reports on coal

CAG reports on coal

The Comptroller and Auditor General (CAG) presented three reports in Parliament on Friday that gave both big corporate houses and government anxious moments. Corporate houses such as Essar Power, Hindalco,…

CAG reports on coal allocation, DIAL, power projects likely to be tabled on Friday

CAG reports on coal allocation, DIAL, power projects likely to be tabled on Friday

Three explosive reports of the Comptroller and Auditor General of India (CAG) set to trigger fireworks in Parliament will not be tabled on Thursday as the two houses will be…

Inflation declines to 6.87 per cent in July vs 7.25 per cent in June

Inflation declines to 6.87 per cent in July vs 7.25 per cent in June

Inflation declined to 6.87 per cent in July, mainly driven by higher food prices, government data showed on Tuesday. Inflation, as measured by the Wholesale Price Index was 7.25 per…

Raghuram Rajan to take over as new chief economic advisor

Raghuram Rajan to take over as new chief economic advisor

Former International Monetary Fund chief economist Raghuram Rajan has been appointed as the new chief economic advisor who would replace Kaushik Basu. The Appointments Committee of the Cabinet approved his…

Industrial production declines by 1.8 per cent in June

Industrial production declines by 1.8 per cent in June

Poor show by manufacturing and capital goods sectors led to the decline in industrial production by 1.8 per cent in June, indicating a persistent slowdown in the economy. Industrial output…

Rupee gains 5 paise against dollar to 55.02

Rupee gains 5 paise against dollar to 55.02

The rupee rose by 5 paise to trade at fresh one-month high of 55.02 against the American currency in early trade on Wednesday at the Interbank Foreign Exchange on persistent…

Rupee gains 20 paise against dollar in early trade

Rupee gains 20 paise against dollar in early trade

The rupee strengthened by 20 paise to trade at 55.32 against the US dollar in early trade on Tuesday, extending its rising streak for the third day at the Interbank…

Rupee soars by 51 paise against dollar in early trade

Rupee soars by 51 paise against dollar in early trade

The rupee gained a hefty 51 paise to 55.24 against the US dollar in early trade on Monday at the Interbank Foreign Exchange market on increased dollar selling by banks.…

Poor monsoon will pull down economic growth: Montek Singh Ahluwalia

Poor monsoon will pull down economic growth: Montek Singh Ahluwalia

The Planning Commission on Friday warned that a deficient monsoon is likely to pull down the economic growth in the current fiscal to about six per cent, from 6.5 per…