Deregulate diesel prices: Chief economic advisor
April 8th, 2011 - 3:02 pm ICT by IANS
Kolkata, April 8 (IANS) Chief Economic Advisor Kaushik Basu has advocated the deregulation of diesel prices as this would bring down inflation in the long run."I personally believe that ... Read more...
Posted in Business |
Below 7 percent inflation forecast in April
April 8th, 2011 - 1:42 pm ICT by IANS
Kolkata, April 8 (IANS) Chief Economic Advisor Kaushik Basu has forecast a below seven percent overall inflation for India in April and said the figure will go down to five ... Read more...
Posted in Business |
Fund planned to encourage community radios: Soni
April 8th, 2011 - 12:36 am ICT by IANS
New Delhi, April 7 (IANS) Information and Broadcasting Minister Ambika Soni Thursday said the low government advertisement rates for community radio stations were "shameful" and her ministry was considering ... Read more...
Posted in Entertainment |
India to revamp economic intelligence agency
April 5th, 2011 - 10:09 pm ICT by IANS
New Delhi, April 5 (IANS) Amid increasing cases of tax evasion, frauds and corruption, India Tuesday announced it would revamp its nodal economic intelligence agency.President Pratibha Patil has sanctioned ... Read more...
Posted in Business |
Economics now wealth-creating device for few: Ashok Mitra
March 18th, 2011 - 12:36 pm ICT by IANS
New Delhi, March 18 (IANS) Economics today has been reduced to an elitist device that helps a handful in society make money and more money, unmindful if the rest ... Read more...
Posted in Life Style |
Budget aimed at encouraging voluntary compliance: Revenue Secretary
March 3rd, 2011 - 8:06 pm ICT by ANI
New Delhi, Mar. 3 (ANI): Revenue Secretary Sunil Mitra on Thursday said that the main aim of the budget proposals for 2011-12 was to broaden the tax base, moderate tax burden and ... Read more...
Posted in Business |
Gender sensitisation training in judicial academies soon
February 11th, 2011 - 7:27 pm ICT by IANS
New Delhi, Feb 11 (IANS) In an effort to sensitise the judiciary, the women and child development ministry is working with the law ministry to introduce a gender sensitisation training module in ... Read more...
Posted in Uncategorized |
Rape cases trials in fast track courts mooted
February 11th, 2011 - 5:53 pm ICT by IANS
New Delhi, Feb 11 (IANS) The home ministry is mulling a proposal to try rape cases in fast track courts, an official said Friday.Sangeeta Verma, economic advisor to the women and child ... Read more...
Posted in Uncategorized |
Raja’s arrest does not affect credibility of PM, Govt.: Congress
February 2nd, 2011 - 10:16 pm ICT by ANI
New Delhi, Feb 2 (ANI): Congress Party on Wednesday reacting to former Telecom Minister A Raja's arrest in the 2G spectrum scam investigations said it would not affect the credibility of ... Read more...
Posted in National |
Opposition demands for JPC probe into 2G scam is correct: Nitish Kumar
February 2nd, 2011 - 8:39 pm ICT by ANI
New Delhi, Feb 2 (ANI): Bihar Chief Minister Nitish Kumar reacting to former Telecom Minister A Raja's arrest on Wednesday said the truth has come out in open, and added that ... Read more...
Posted in National |
Raja’s arrest will not affect ties with DMK, says Congress spokesman
February 2nd, 2011 - 7:37 pm ICT by ANI
New Delhi, Feb 2 (ANI): The arrest of former Telecom Minister A. Raja in the 2G spectrum scam investigations has been described by the Congress Party as the law taking its ... Read more...
Posted in National |
2G scam: PM did not act fast against Raja, says BJP
February 2nd, 2011 - 6:08 pm ICT by ANI
New Delhi, Feb 2 (ANI): Reacting to former Telecom Minister A Raja's arrest, the Bharatiya Janata Party (BJP) criticized the Prime Minister, Dr. Manmohan Singh, on Wednesday saying he did not ... Read more...
Posted in National |
PM-led meet on price rise ends inconclusively (Second Lead)
January 11th, 2011 - 3:16 pm ICT by IANS
New Delhi, Jan 11 (IANS) A meeting Prime Minister Manmohan Singh held with senior cabinet ministers and officials Tuesday, to discuss measures to check rising food prices, ended inconclusively.According to a ... Read more...
Posted in Business |
Sensex snaps 3-week losing streak, gains 830 points (Weekly Market Review)
December 4th, 2010 - 5:10 pm ICT by IANS
Mumbai, Dec 4 (IANS) A benchmark index of Indian equities markets gained 830 points this week, snapping three-week of losing streak, on the back of better than expected economic growth data ... Read more...
Posted in Business |
India’s 8.9 percent July-September growth beats forecasts (Roundup)
November 30th, 2010 - 8:17 pm ICT by IANS
New Delhi, Nov 30 (IANS) The Indian economy grew by 8.9 percent in the second quarter of this fiscal, latest data on gross domestic product (GDP) showed Tuesday, beating the government's ... Read more...
Posted in Business |
Indian economy may grow 9 percent in Oct-Dec quarter
November 30th, 2010 - 6:31 pm ICT by IANS
New Delhi, Nov 30 (IANS) Buoyed by the 8.9 percent, better than expected growth in the second quarter, key policymakers said Tuesday that the Indian economy would perform even better in ... Read more...
Posted in Business |
Micro finance institutions must be regulated: Kaushik Basu
November 26th, 2010 - 6:51 pm ICT by IANS
New Delhi, Nov 26 (IANS) Micro finance institutions must be regulated to protect the interests of vulnerable borrowers and ensure growth of the industry, said Kaushik Basu, chief economic advisor of ... Read more...
Posted in Business |
India behind Pakistan on human development indices: UN report
November 4th, 2010 - 9:32 pm ICT by IANS
New Delhi, Nov 4 (IANS) India lags behind its neighbours, Pakistan and Bangladesh, on human development indices like life expectancy at birth and mean or average years of schooling, a United Nations ... Read more...
Posted in South Asia |
Book by PM’s economic advisor wins award
October 29th, 2010 - 9:02 pm ICT by IANS
New Delhi, Oct 29 (IANS) "Fault Lines: How Hidden Fractures Still Threaten the World Economy", by Raghuraman Rajan, an economic advisor to Indian Prime Minister Manmohan Singh, won the Financial Times ... Read more...
Posted in Business |
Mukherjee to visit US next month
September 20th, 2010 - 4:43 pm ICT by IANS
New Delhi, Sep 20 (IANS) Finance Minister Pranab Mukherjee will visit New York and Washington Oct 5-9 to take part in several meetings, including annual meet of the International Monetary Fund ... Read more...
Posted in Business |
Book by PM’s economic advisor on business award list
September 18th, 2010 - 1:37 pm ICT by IANS
New Delhi, Sep 18 (IANS) In what is seen as a boost to Indian non-fiction publishing, a book by Raghuram Rajan, economic advisor to the prime minister, has been shortlisted for the ... Read more...
Posted in Business |
Economic advisor sees silver lining in new WPI
September 17th, 2010 - 9:27 pm ICT by IANS
New Delhi, Sep 17 (IANS) The government's Chief Economic Advisor Kaushik Basu Friday saw a silver lining in the new benchmark Wholesale Price Index (WPI).
He pointed out that the new WPI, though ... Read more...
Posted in Business |
Second quarter growth would be lower than 8.5 percent: Basu
September 13th, 2010 - 6:56 pm ICT by IANS
Kolkata, Sep 13 (IANS) Economic growth in the second (July-September) quarter of this fiscal would be below 8.5 percent, the government's chief economic advisor, Kaushik Basu, said Monday.
"The growth of ... Read more...
Posted in Business |
Weekly food inflation may come down by 1 percent: Basu
September 13th, 2010 - 6:20 pm ICT by IANS
Kolkata, Sep 13 (IANS) The government's chief economic advisor, Kaushik Basu, expects the weekly food inflation data due on Thursday would show a drop of one percent.
Food inflation was 11.47 percent for ... Read more...
Posted in Business |
India to target 10 percent growth in 2012-17
September 10th, 2010 - 4:33 pm ICT by IANS
New Delhi, Sept 10 (IANS) India will target nearly 10 percent growth in the 12th five-year plan (fiscal 2012-17), even though growth may fall short during the current plan period, said Deputy ... Read more...
Posted in Business |
Obama’s top economic advisor to step down
August 6th, 2010 - 10:44 am ICT by IANS
Washington, Aug 6 (IANS) Christina Romer, who chairs the White House Council of Economic Advisors (CEA), will step down next month, Xinhua reported.
After her resignation, effective Sep 3, Romer will resume ... Read more...
Posted in Politics |
Food inflation will come down by month-end: Basu
July 16th, 2010 - 4:53 pm ICT by IANS
New Delhi, July 16 (IANS) The high food and general inflation will come down in the next two weeks, the government's chief economic advisor said Friday.
"It is reasonable to predict that the ... Read more...
Posted in Business |
Food inflation cools down to 12.9 percent
July 1st, 2010 - 3:29 pm ICT by IANS
New Delhi, July 1 (IANS) India's annual food inflation slowed to 12.9 percent for the week ended June 19 due to what analysts said a weakening base effect.
The food inflation was ... Read more...
Posted in Business |
Petrol prices hike was necessary, says Pranab
June 28th, 2010 - 9:29 pm ICT by IANS
Mumbai, June 28 (IANS) Justifying the recent hike in prices of petrol and diesel, Finance Minister Pranab Mukherjee said here Monday that it was essential to meet the under-recoveries of the ... Read more...
Posted in Business |
Fuel price decision to make country efficient: Experts
June 25th, 2010 - 9:58 pm ICT by IANS
New Delhi, June 25 (IANS) Sound economic reason and political sense have dictated the government's decision Friday to decontrol petrol price and hike that of other fuels, say experts.
In a long overdue ... Read more...
Posted in Business |
Central bank will act on inflation when needed: Mukherjee
June 15th, 2010 - 7:35 pm ICT by IANS
New Delhi, June 15 (IANS) With India's annual inflation rate at double-digits, Finance Minister Pranab Mukherjee Tuesday said the central bank will take appropriate steps when required, raising expectations of an ... Read more...
Posted in Business |
Hike fuel prices, inflation will fall in six months: Advisor (Roundup)
June 14th, 2010 - 6:59 pm ICT by IANS
New Delhi, June 14 (IANS) On a day India's annual rate of inflation climbed to double-digit level, Chief Economic Advisor Kaushik Basu Monday said he favoured freeing the prices of petroleum ... Read more...
Posted in Business |
Some open market actions by RBI needed to tame rupee: Basu
May 14th, 2010 - 4:29 pm ICT by IANS
Kolkata, May 14 (IANS) Chief economic advisor Kaushik Basu Friday said the Reserve Bank of India (RBI) should take some open market actions to tame the rupee from appreciating further.
"I am not ... Read more...
Posted in Business |
Demon Sheep Ad By Carly Fiorina Becomes Viral
February 4th, 2010 - 8:57 pm ICT by GD
By Ranjan Bhaduri
Feb 4, (THAINDIAN NEWS) Quite often the political candidates aspiring for a seat in the senate resort to various tactics for portraying this or her opponents in a negative light. ... Read more...
Posted in Business |
Bankers, governments discuss regulation at Davos forum
January 30th, 2010 - 3:26 pm ICT by IANS
Davos, Jan 30 (DPA) Bank executives met central bankers and government officials here Saturday to discuss whether regulations should be imposed on financial markets.
Officials from the US and Europe were taking ... Read more...
Posted in World |