market borrowings

FDI in retail at appropriate time: Official


July 5th, 2012 - 8:14 pm ICT by IANS
Chennai, July 5 (IANS) The Indian government has scope to reduce its borrowings while it is waiting for the right political atmosphere to allow foreign direct investment (FDI) in retail, ... Read more...

Posted in Business |

MPs’ panel trashes railways’ reliance on PPP route


May 1st, 2012 - 5:16 pm ICT by IANS
New Delhi, May 1 (IANS) A parliamentary panel has alerted the railways that resource generation through the public-private partnership is intrinsically difficult due to a long gestation period and relatively ... Read more...

Posted in Business |

BSNL borrowed Rs.1,320.47 crore for capital expenditure


April 25th, 2012 - 11:44 pm ICT by IANS
New Delhi, April 25 (IANS) State-run Bharat Sanchar Nigam Ltd (BSNL) borrowed Rs.1,320.47 crore ($25 million) from the market for capital expenditure in 2010-11, Minister of State for Communications and ... Read more...

Posted in Sci-Tech |

Himachal’s fiscal liabilities up 46 percent: CAG


April 6th, 2012 - 6:10 pm ICT by IANS
Shimla, April 6 (IANS) The fiscal health of Himachal Pradesh has deteriorated as there has been an increase in liabilities by 46 percent in the past four years, the Comptroller ... Read more...

Posted in Business |

Mamata government giving misleading information: Dasgupta


March 24th, 2012 - 9:21 pm ICT by IANS
Kolkata, March 24 (IANS) Former West Bengal finance minister Asim Dasgupta Saturday accused the Mamata Banerjee government of giving misleading information regarding the state's debt situation and said the ... Read more...

Posted in Uncategorized |

Budget 2012-13 misses big picture: Yashwant Sinha


March 16th, 2012 - 6:59 pm ICT by IANS
New Delhi, March 16 (IANS) The ninth budget of the Congress-led United Progressive Alliance (UPA) misses the big picture and fails to address challenges like inflation and high economic ... Read more...

Posted in Uncategorized |

Srei aims to broadbase borrowing options


January 7th, 2012 - 10:39 pm ICT by IANS
Kolkata, Jan 7 (IANS) Kolkata-based Srei Infrastructure Finance (SIFL), one of the leading non-banking financial institutions (NBFC) of the country, is aiming to broadbase its borrowing options and may come ... Read more...

Posted in Business |

Highways authority to raise Rs.10,000 crore through bonds


December 23rd, 2011 - 9:53 pm ICT by IANS
New Delhi, Dec 23 (IANS) Road Transport and Highways Minister C.P. Joshi Friday said the National Highways Authority of India (NHAI) will raise up to Rs.10,000 crore by issuing tax-free ... Read more...

Posted in Business |

India to borrow $55.6 bn in first six months of 2011-12


March 25th, 2011 - 9:51 pm ICT by IANS
New Delhi, March 25 (IANS) The Indian government said Friday it would borrow Rs.2.5 lakh crore ($55.6 billion) in April-September period, which is 60 percent of the total budgeted market ... Read more...

Posted in Business |

Low fiscal deficit will boost private investment: Mukherjee


March 4th, 2011 - 8:23 pm ICT by IANS
New Delhi, March 4 (IANS) Low market borrowings by the government and reduced fiscal deficit in the upcoming fiscal year will boost private investment and help reduce the public ... Read more...

Posted in Business |

Pranab confident of reducing fiscal deficit to 4.6 percent


March 2nd, 2011 - 1:47 am ICT by IANS
New Delhi, March 1 (IANS) A day after presenting the budget for 2011-12, Finance Minister Pranab Mukherjee said he was confident of reducing the fiscal deficit to 4.6 percent ... Read more...

Posted in Business |

Highlights of Pranab Mukherjee’s budget for 2011-12


February 28th, 2011 - 3:18 pm ICT by IANS
New Delhi, Feb 28 (IANS) Highlights of the budget for 2011-12 presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday:* Expenditure in 2011-12 estimated at Rs.12,57,729 crore, an increase ... Read more...

Posted in Business |

Funds remain main worry for expanding India’s rail network


February 25th, 2011 - 7:30 pm ICT by IANS
New Delhi, Feb 25 (IANS) Despite a record investment of Rs.57,630 crore ($12.7 billion), proposed by Railway Minister Mamata Banerjee in her latest rail budget, funding projects for the world's second ... Read more...

Posted in Business |

Committee to evolve infra financing strategy


November 18th, 2010 - 8:34 pm ICT by IANS
New Delhi, Nov 18 (IANS) The government has set up a committee under the chairmanship of former Reserve Bank of India (RBI) deputy governor Rakesh Mohan to chart out a strategy of ... Read more...

Posted in Business |

20-km-a-day roadmaking is a financial strain: NHAI chief


May 12th, 2010 - 10:57 pm ICT by IANS
New Delhi, May 12 (IANS) The target of building 20 kilometres of road per day has led to a "huge financial strain" on the government that is funding highway development programmes through ... Read more...

Posted in Business |

India’s annual inflation rose to 9.89 percent in February


March 15th, 2010 - 2:16 pm ICT by IANS
New Delhi, March 15 (IANS) Driven by increasing food prices, India's annual rate of inflation, based on the wholesale price index, rose to 9.89 percent in February from 8.56 percent in ... Read more...

Posted in Business |

Railways to step up freight business


July 3rd, 2009 - 9:22 pm ICT by IANS
New Delhi, July 3 (IANS) Railways Minister Mamata Banerjee Friday proposed several steps, including launch of a premium service for container movement with assured transit time, to improve the freight movement ... Read more...

Posted in Business |

Railways plan outlay to be Rs.40745 crore


July 3rd, 2009 - 4:40 pm ICT by ANI
New Delhi, July 3 (ANI): Union Railway Minister Mamata Banerjee has proposed an outlay of Rs.40,745 crore for 2009-2010, which is 2840 crore more than the allocation proposed in the interim ... Read more...

Posted in National |

Kerala demands higher share of central taxes


December 31st, 2008 - 6:23 pm ICT by IANS
Thiruvananthapuram, Dec 31 (IANS) The Kerala government Wednesday approved a draft memorandum to be submitted to the 13th Finance Commission with demands including higher share in the central taxes and hike in ... Read more...

Posted in Uncategorized |

States want to draw 50 percent of total borrowings


May 7th, 2008 - 11:31 pm ICT by admin
Thiruvananthapuram, May 7 (IANS) A two-day meeting of state finance ministers and top economists that concluded here Wednesday demanded that the states be allowed to draw 50 percent of the total market ... Read more...

Posted in Business |

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