ENS Economic Bureau
The Reserve Bank may have not done enough to tackle the pressures posed by the current credit crisis in the country.
The civil aviation minister Praful Patel said today that the new ground-handling policy...
Hit by the global financial meltdown, states today demanded Rs 20,000 crore more funds from the Centre to boost their slowing down sectors.
The government’s inability to tighten the screws on the excise administration coupled with the slowdown in industrial production...
Raising corporate governance issues involving high valuation and questionable dealings with sister concerns...
Undeterred by the economic downturn and the turmoil in the global financial sector, State Bank of India, India’s largest lender...
Public sector banks today said new home loans up to Rs 5 lakh will carry a much lower interest rate of 8.5 per cent.
Finally administrative ministries seem to be waking up to the importance of public spending in keeping the Indian economy afloat in the current slowdo
Public sector banks have also announced a package for the 40-lakh strong small and micro units in the country which are currently reeling under the im
The Indian textile and clothing sector is undergoing a challenging phase, leading to weaker credit profiles, according to Fitch Ratings.
The Securities and Exchange Board of India had quietly hiked the borrowing limit of mutual funds when MFs were under huge redemption...
The Comptroller & Auditor General of India’s Performance Audit report on the PPP-based national highway projects...
Banks seem to be attracting more money if the figures available with the RBI are any indication.
The Sebi Mutual Fund Advisory Committee has discussed a set of recommendations which will bring in further transparency in the MF industry.
Calling for penal action against those who have delayed their advance tax payments, the Income-tax Department today said that some companies were deli
The World Bank is considering to lend $14 billion to India to fast-track the development of infrastructure. The funding will also push skill developme
Tight liquidity in the domestic market and a relentlessly slackening global demand finally caught up with industrial growth in India as the IIP fell f
The country received foreign direct investment of around Rs 17,848 crore for housing and real estate sector from April 2005 to September 2008, with ov
Even as three quarters come to a close, the government has managed to collect only half the revenue targeted for 2008-09, according to a statement lai
The failure of the auto bailout package in the US notwithstanding, Ford India and General Motors India today said their investment plans for the count
Finances of the Central government during the first half of the current fiscal year indicate deterioration in all the key deficit indicators, both in
It appears intense selling by foreign funds in Indian markets seems to be over. Though the market closed flat, FIIs invested another Rs 444 crore, ind
Two weeks after the terror attacks in Mumbai, the insurance industry has started disbursing the claims made by the hotels damaged in the attacks.
A little over a year after the two state-run carriers were merged to form a single entity, NACIL, the merged entity would soon switch to a common code
Civil Aviation Minister Praful Patel plans to ask the Ministry of External Affairs to help dissuade foreign countries from issuing advisories against
