ECONOMY


  UK Sinha said India has still time to tide over the present growth deceleration if it moves ahead with some of the urgent reform measures and resolve the issues plaguing the implementation side Mumbai: Market regulator Securities and Exchange Board of India (SEBI) on Friday called...

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The minimum support price for common grade variety of paddy has been increased to Rs1,250 per quintal from Rs1,080   New Delhi: In view of rising input costs, the Indian government on Thursday announced Rs170 per quintal hike in support price of paddy to farmers at Rs1,250 for the...

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Inflationary pressure, driven by prices of food articles, will keep the pressure on the government to remove supply side bottlenecks   New Delhi: Inflation moved up to 7.55% in May because of spurt in prices of potato, pulses and wheat, although onion and fruits showed a declining...

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Removal of subsidies of all kinds, including those on petro-products, and tackling corruption can help India to return to a GDP growth rate of 9%   Deteriorating macro-economic fundamentals, rising fiscal deficits, persisting high inflation rate has resulted in economic slowdown due...

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While weak IIP numbers are still not translating into weaker inflation, which continues to be high, several economists believe that this may prompt the RBI to cut rates by 25 bps on 18th June Growth in factory output, as measured by the Index of Industrial Production (IIP), was 5.3% in...

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Moneylife Digital Team 12 June 2012
A perceived slowdown in government decision-making, failure to implement announced reform, and growing bottlenecks in key sectors has undermined business confidence in India, says the ratings agency   Ratings agency Standard & Poor’s (S&P) said Indian government’s reaction to...

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We desperately need to put in place a government that will govern by taking tough steps without fearing or favouring any ally or opposition all in overall national interest   Communism and socialistic systems crashed after glasnost and perestroika in the Eastern Bloc. The...

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Exports from SEZs stood at Rs3.65 lakh crore in FY12. With investment of Rs2.02 crore, these zones provide employment to over 8.45 lakh The government had imposed minimum alternative tax (MAT) and dividend distribution tax (DDT) on SEZs in 2010-11, which were earlier exempted from almost...

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Exports from SEZs stood at Rs3.65 lakh crore in FY12. With investment of Rs2.02 crore, these zones provide employment to over 8.45 lakh The government had imposed minimum alternative tax (MAT) and dividend distribution tax (DDT) on SEZs in 2010-11, which were earlier exempted from almost...

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While fears of high inflation, lower GDP growth and political compulsions had restricted the government from hiking diesel prices so far, the need to keep diesel prices regulated, even as subsides keep mounting, is also being increasingly questioned Ratings agency CRISIL has said that...

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A rate cut would have been possible if inflation was lower. The RBI, so far, hasn’t been able to reign in inflation because of structural rigidities in improving the supply side   While the equity market is rallying on the hope that the Reserve Bank of India (RBI) will cut interest...

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Moneylife Digital Team 07 June 2012
While the Prime Minister targets to invest Rs2 lakh crore in the core sector, will the bottlenecks on the ground suddenly go away under the diktat of a weak PM? After suffering from a "policy paralysis" for several years, prime minister Dr Manmohan Singh has set a very ambitious...

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The whole economy is in shambles. The RBI and the central government will have to put their heads together by taking the right steps to boost growth The present foreign exchange imbroglio and economic crisis faced by our country brings back to memory the near disaster faced in 1991, when...

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As of now the monsoonal flow is strong and Kerala and parts of South Karnataka will continue to get rains for the next two to three days New Delhi: South-west monsoon, the key to the agriculture driven trillion-dollar Indian economy, on Tuesday brought showers to Kerala in South India...

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Finance Minister Pranab Mukherjee, however admitted, that the Indian government does not have headroom for proactive fiscal policy New Delhi: Pinning hopes on declining global crude oil prices and normal monsoon, Indian Finance Minister Pranab Mukherjee on Monday said these positive...

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According to the industry body, stalling of the growth process and policy inactions hurt the common people the most and what we lose in the process are valuable jobs and sources for generating income   Terming the economic situation as ‘grave’, industry body Federation of Indian...

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Another railway accident has happened. As former railway minister Dinesh Trivedi revealed in a Moneylife Foundation event, railway safety has been consistently ignored On 22nd May, 24 people were killed and 35 injured at dawn when the Hampi Express collided with a stationary goods train...

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Moneylife Digital Team 31 May 2012
Credit Suisse, in its hard hitting analysis says that India’s GDP growth for the March quarter is much below expectations and coalition politicians may put more pressure on the RBI for easing rates India’s gross domestic product (GDP) growth for the March quarter at 5.3% is well below...

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Moneylife Digital Team 24 May 2012
In a development that will boost the fight against black money, Switzerland has agreed to provide details of secret bank accounts of individuals sought by India even on the basis of limited information. Under a mutual agreement reached on 20 April 2012 between the two countries, Switzerland...

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Moneylife Digital team 14 May 2012
The RBI is not expected to cut the repo rate in June 2012 even as headline inflation is likely to remain high in the coming months, the current account deficit remains elevated, and because fuel price hikes are still impending, says Nomura WPI (wholesale price index) inflation rose above...

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