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Govt may borrow Rs 2.48 L-cr in second half of FY15

The fiscal deficit for the current financial year has been pegged at 4.1% of the gross domestic product

Govt to revise real estate Bill: Naidu

The real estate sector has been away from any sort of regulation till now

India, China agree to resolve border dispute via 2005 pact

Both sides agree to start talks on civil nuclear agreement, improve military ties

Govt re-constitutes a body on accounting standards

The re-constitution assumes significance since International Financial Reporting Standards-compliant Indian standards are to come India from ...

Senior US Fed official expects first rate hike in the spring

Richard Fisher, president of the Dallas Fed, said there are signs of financial excess in markets and that Texas wage-price pressures could ...

Features Rss icon

Norman Borlaug

Tribute to a saint who did miracle with wheat

The work of Norman Borlaug, who helped save billions from starvation, is worth recollecting on his death anniversary, especially as opposition ...

5 reasons why India can see a rating upgrade

Here are five reasons on why Bank of America-Merrill Lynch thinks a rating upgrade could be a possibility

FCI cannot be restructured in isolation

Dismantling the Food Corporation of India (FCI), without dismantling the minimum selling price (MSP)-backed agricultural economy would be a ...

'No service element in sale of prospectus, admission forms'

Can you please explain how safeguard duty is calculated? Is it on the basis of value or quantity, or some other parameter?The notifications ...

Why 'make in India' is easier said than done

As import duties have fallen across South and Southeast Asia, large global manufacturers have set up transnational supply chains in countries ...

Editorial Comment Rss icon

Back to tax confusion?

Once again, tax demands on foreign investors cause worry

Risks of inaction too high to ignore

India is being lax about the climate-change threat

More than fines

Road safety requires a more comprehensive approach

Sustainable relief?

RBI's reading of inflation numbers a significant pointer

Mr Xi and Mr Modi

What to keep in mind as the two leaders meet

Columnists Rss icon

Shyam Ponappa: Extractive charges on spectrum and petroleum
Shyam Ponappa

The author examines whether government levies on these critical inputs are beneficial or detrimental

Barun Roy: A sequel to Hong Kong?
Barun Roy

Recent efforts to promote trade and tourism between China and Taiwan show the latter's risk factor as a flashpoint is no longer acute

Arvind Panagariya: India must call the US' bluff on patents
Arvind Panagariya

The recent US-India friction over trade is being driven by Big Pharma

Business Law & Tax Rss icon

The elephant in the board room

Corporate India's 'tick-in-the-box' approach to detect and report fraud and misconduct is making many independent directors and auditors ...

Uber: Destructive innovators or system gamers?
Somasekhar Sundaresan

Who can run a taxi and on what terms, is a matter of regulation with varying intensity in cities across the globe

Land acquisition quashed under new law
M J Antony

A weekly selection of key court orders

Making laws for 'glocal' economy

RBI's security concerns on e-commerce transactions point to the need to update laws for the segment

Wilful defaulters and the Companies Act, 2013

Recently, United Bank of India declared Kingfisher Airlines Chairman Vijay Mallya, as well as some directors of the company, wilful defaulters. ...

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Delhi HC joins dots on indirect transfer debate
Mukesh Butani

The verdict serves as reference for invoking treaty abuse provisions in the absence of General Anti-Avoidance Rules

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Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (30/04) 5.20 6.16 4.77
IIP (31/03) -0.50 -0.20 3.51
GDP (31/12) 4.70 4.80 4.70
CPI (30/04) 8.59 9.87 9.39
CRR (29/01) 4.00 4.75 5.50
Bank rate (02/05) 9.00 9.00 8.50