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Finmin: 3% deficit only by FY15

The finance ministry has projected that it would be able to wipe out the revenue deficit and rein in the fiscal deficit at 3% of GDP only by 2014-15.

Forex reserves down at $284.3 billion

India's foreign exchange reserves fell to to USD 284.391 billion for the week ended October 30.

G20 agree too early to remove stimulus

G20 policymakers are agreed that it is too early to pull the plug on economic life-support packages.

J-K govt provides financial assistance

As many as 881 people received financial assistance on Friday under the Integrated Social Service Scheme (ISSS) in Jammu and Kashmir's Bandipora district, an official spokesman said.

Northern region largest contributor to GDP

Northern Region continued to be the largest contributor to the GDP at 27.5 per cent in 2007-08 although the economic growth in the region has underperformed the national average, says a CII report.

World unemployment up despite economic recovery

Despite signs of economic recovery around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon.

US Fed still keeps key rates in zero zone

The US central bank has retained near-zero rate regime to boost the country’s fragile recovery and said cheap credit would continue for an 'extended period'.

Direct tax kitty grows nearly 4 pct

Direct tax collections grew by 3.92 pct to Rs 173447 crore for the first 7 months of current fiscal.

Listed CPSEs to offload 10 pct: Chidambaram

The government decided that all listed CPSEs would increase the public holding to 10 per cent and all unlisted profitable state-owned entities should go public.

PM to open India Economic Summit on Sunday

PM will inaugurate the three-day India Economic Summit on Sunday.

Exports from SEZs to grow by 15 pct

Exports from the Special Economic Zones are likely to grow by 15 per cent in the current fiscal over 2008-09.

G20 ministers to talk climate change

Crafting a deal to fight climate change will be top agenda for G20 ministers meeting tomorrow.

Inflation declines 0.1 pct

Inflation for primary articles declined 0.11 per cent during the week ending October 24.

Montek differs with FM on reforms

A day after finance minister Pranab Mukherjee said the government would only undertake key financial sector reforms in pensions and insurance only after achieving a political....

PFRDA, SBI bills likely in winter session

The government is planning to table four financial sector bills in Winter session.

IMF says it got 'good price' for gold from India

IMF, which sold 200 tonnes of gold for about $6.7 billion to the RBI said it got a 'good price'.

Inflation to moderate by year end: Ahluwalia

High food price inflation is a concern but it should moderate by this year end, says Ahluwalia.

Gold at record high of Rs 16,254/10 gm

Gold prices rose to hit a record high of Rs 16,254 per ten gram in futures trading.

Economy may grow by 8%: Plan panel

India's economic growth rate is expected to accelerate to eight per cent in the next fiscal.

Stimulus to continue; may cut oil subsidies: FM

The Government said it is looking at steps to cut subsidy on fertiliser and oil sale.

Manufacturing growth slows in Oct: PMI

India's manufacturing activity expanded for the seventh consecutive month in October.

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