May 3, 2013
The market seems to have factored in the rate cut.
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New Delhi, April 18
The new FTP has received subdued response from the Federation of Indian Exports Organisations (FIEO). However, the federation said the new policy will increase competitiveness.The re...
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New Delhi, March 4
The UPA Government is penalising the poor for the failure of the system, said National Advisory Council member Aruna Roy at a press conference here to analyse the Government’s soci...
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March 2, 2013
With the economy was facing multiple challenges on both growth and inflation, the market was looking forward to this year’s Budget. Concerted policy action since September 2012 built hopes of a bi...
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March 2, 2013
Going into the Budget, Finance Minister P. Chidambaram’s main task was to ensure that India avoids a possible downgrade from the rating agencies, at any cost. Fiscal consolidation was going to be...
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March 1, 2013
I wish there were something on State funding of elections, which could indirectly rein in corruption. Liquor production and manufacture of paan-gutka must be stopped, whatever finan...
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March 1, 2013
For the IT sector, much has been expected to ensure that India’s leadership position in global sourcing is retained. With global economies continuing to be slow and competitors such as...
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March 1, 2013
Finance Minister had a very difficult challenge in balancing between growth and populism. In spite of the challenge, he presented a positive Budget balancing between growth imperatives and...
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Mangalore, May 3
Chairman and Managing Director of Corporation Bank Ajai Kumar said it is too early to comment on lending rate cut. He told Business Line that a call on reduction in base ra...
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New Delhi, April 18
CII President, S. Gopalakrishnan has called the new Foreign Trade Policy the right step at the right time and said this will boost investor confidence in SEZs.He also welcomed moves...
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Chennai, March 7
With the economy booming between 2004 and 2008, the average growth rate
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March 2, 2013
The Budget was announced on the sidelines of a pre-election year, a high fiscal and current account deficit and worries of a rating downgrade. The Finance Minister has delivered a credib...
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March 2, 2013
“The economy is indeed challenged, challenged in a number of ways. The Economic Survey lists those challenges. Another set of decisions and measures will be announced in reply to Budget discussi...
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Mumbai, March 1
The Government has presented a relatively prudent Budget despite the weak economic environment and the political temptation to increase fiscal expenditures ahead of a general elect...
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Mumbai, March 1
The tourism sector that was expecting some tax relief has expressed disappointment with the Budget.
The Indian Association of Tour Operators (IATO) is upset over the negle...
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March 1, 2013
We are today living in several negative conditions and the report card is not looking good at all. GDP has had a significant fall of 1.2 per cent from the last fiscal and growth per cent...
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March 1, 2013
The Budget is delivered against the backdrop of high expectations from the Finance Minister, after the concrete steps taken by him to revive the economy in the last five months as well as his over...
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