Economy & Nation
Macro stability indicators continue to improve gradually, says Morgan Stanley
| 22/5/2013 @ 11:25am | 68 views
After almost three years of slowing economic growth and elevated inflation, we are now seeing early signs of a reversal in the stagflation-type environment as policy makers are beginning to take steps to correct the bad growth mix, Morgan Stanley said in its report on the Indian economy More
India, China to consider further steps for maintaining peace across border area
| 20/5/2013 @ 6:41pm | 1032 views
Singh and Li said both countries need to appropriately handle cooperation by maintaining peace and tranquility in the border areas and on the trans-border river issues More
S&P cautions India of rating downgrade; retains negative outlook
| 17/5/2013 @ 5:22pm | 3005 views
“We may lower the rating if we conclude that slower government reforms than we currently expect would not lead economic growth to recover to levels experienced earlier this decade,” S&P said in a statement More
WPI inflation falls to three-and-half year low of 4.89% in April
| 14/5/2013 @ 1:16pm | 506 views
The April WIP inflation is the lowest level of inflation since November 2009 when it was 4.78% More
India's trade deficit worsened sharply in April on higher gold imports
| 13/5/2013 @ 3:19pm | 478 views
During April, India's gold imports rose 138% to about $7.5 billion as consumer demand for the yellow metal shot up significantly. This has mainly led to widening of the CAD, says Nomura More
India's exports up 1.6% at $24.16 billion in April
| 13/5/2013 @ 2:24pm | 2040 views
Commerce secretary SR Rao attributed the widening of trade deficit to high gold imports. Gold and silver imports during April 2013 jumped by 138% to $7.5 billion against $3.1 billion in the year-ago period More
CPI inflation falls to 9.39 % in April
| 13/5/2013 @ 1:06pm | 2059 views
Retail inflation in urban areas declined to 9.73% in April while that for the rural population it was 9.16% during the reporting month More
Kapil Sibal gets additional charge of law, Joshi gets railway portfolio
| 11/5/2013 @ 3:12pm | 3905 views
Prime minister Manmohan Singh has written to president Pranab Mukherjee recommending the changes, a day after Bansal and Kumar resigned in the wake of allegations of bribery and interfering with the CBI probe in the Coalgate scam More
Industrial production weaker than what meets the eye, says Nomura
| 11/5/2013 @ 11:17am | 472 views
The uptick in capital goods output growth has been driven by the volatile rubber-insulated cables category. Excluding this, capital goods output growth continues to contract. Intermediate goods demand also remains weak, Nomura believes More
Railways minister Pawan Kumar Bansal resigns
| 10/5/2013 @ 6:54pm | 5480 views
Bansal’s resignation comes after his nephew Vijay Singla was arrested last Friday for allegedly trying to fix the promotion for a member in the railway board More
India’s trade deficit to worsen in May despite large inflows
| 10/5/2013 @ 6:15pm | 633 views
India's trade deficit worsened sharply in May, after improving in March due to seasonality. This likely explains why the rupee has been weak despite large portfolio inflows, says Nomura More
Thin IIP growth recovery expected in FY14 on low capital goods output
| 10/5/2013 @ 5:25pm | 5289 views
A speedy industrial recovery is possible only by resolving issues related to power (coal and gas) and policy issues related to land, and project and environment clearances More
Factory output springs back to 2.5% in March; grows a meagre 1% in FY13
| 10/5/2013 @ 12:26pm | 5397 views
Factory output, as measured in terms of Index of Industrial Production, grew by just 1% in 2012-13 compared to a growth of 2.9% in previous fiscal, according to official data released today More
| 9/5/2013 @ 3:07pm | 2979 views
Cobrapost has alleged that RBI is acting as a protector, and not as a regulator or enforcer. The RBI is loath to admit that there exists a massive money laundering racket in our financial institutions across the board, because if it were to admit, it would strip the RBI of its halo as a 'one of the best banking regulators in the world', Cobrapost says More
Parliament adjourned sine-die leaving food security and land bill pending
| 8/5/2013 @ 2:59pm | 1366 views
The only business that was transacted during the second phase of the Budget session was passage of the Finance Bill marking the completion of the Budgetary exercise and the Railway Budget without any discussion after walkout by the Opposition More
How much longer can the FM, RBI ignore HSBC in India?
| 7/5/2013 @ 6:52pm | 3224 views
While the HSBC Holdings chairman Mr Flint, the board of directors, and CEO Mr Milne of HSBC India are unaffected, will they care about the lives they have ruined in India? More
For once, some practical advice on investing in frontier markets
| 6/5/2013 @ 5:51pm | 1210 views
Bubbles happen all the time in frontier markets. The index in Ghana is up 50% in four months. Assuming you wanted to take the risk, what are the safest investment vehicles and do their returns really represent the mouth-watering headline numbers? More
India’s macro-economic indicators improving, says Morgan Stanley
| 6/5/2013 @ 5:42pm | 698 views
The Indian economy is supposedly recovering after three years of slowing economic growth More
HSBC, three DSAs fined Rs50,000 by consumer forum for harassment through telemarketing
| 6/5/2013 @ 4:13pm | 3056 views
Despite raising the issue of unwanted marketing calls to the HSBC’s highest authorities in India, Sinha continued to be harassed by telecallers on behalf of the lender. Finally, after over four years, a consumer forum found the Bank and its agents guilty and asked them to pay Rs50,000 More
February credit offtake lacklustre due to weakness in mid-corporate segment says Religare
| 6/5/2013 @ 3:42pm | 1503 views
While growth continues to be driven by large industries, trade services, NBFCs and retail, the mid-corporate segment is still exhibiting weak credit offtake, says Religare Capital Markets More
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- Phaneesh Murthy: Let off by Infosys, sacked by iGate over sexual harassment charges
- Is the interest in Gold ETFs waning?
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