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Wheat procurement in 2014-15 may slip, says food secretary

However, PDS won't be hampered as govt hold 48 mn tonnes in its warehouses

DoT for increasing foreign staff security clearance to five years

To cut cumbersome security clearance for expats in telecom companies, the Department of Telecommunications (DoT) is likely to ask the home ...

End of the Goa mining ban: For miners, a long road to recovery

Vedanta says Sesa leases expired, no mining till renewal

Milk production grows 19%, crosses 121 mn tonnes: Assocham

This finding was part of a study titled 'Unlocking the growth potential of Indian dairy industry'

Karnataka gets 43.8% rise in allocation under MNREGS for FY15

State govt has also achieved 100% of target in implementation of Electronic Fund Management System in country

Features Rss icon

Inflation unlikely to moderate significantly in 2014-15

RBI might retain rates at current levels, upside risks to inflation rise

Turning around already?

Wholesale Price index-based inflation (WPI) rose sharply to 5.7 per cent in March from 4.7 per cent in February. The rise was broad-based, with ...

StatsGuru: 14-April-2014

Taking stock of the country's pharma sector

RBI relaxes some import/forex rules

The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade)

5 booster projects for the new government to kick-start the economy

Status check of 5 projects which could help the economy beat the slowdown blues and earn brownie points for the new government

Editorial Comment Rss icon

A long road

Industrial recovery needs tough institutional reforms

CAG is not the answer

Tougher regulators should deal with revenue-sharing questions

Back to the future

Narendra Modi's economic vision needs greater clarity

Zero tolerance

Govt should prevent construction of illegal floors and buildings

A new hope

New climate report means big changes to future agreements

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

India plays catch-up game

destination for International arbitration

For banks, ALM as big a problem as NPA

Sorting out take-out financing could help counter the double whammy of asset liability mismatch and non-performing assets

Late objection to arbitration invalid
M J Antony

If a party to an agreement joins arbitration proceedings without raising objections, it cannot question the jurisdiction of the arbitration ...

Corporate guarantee need not be intra-group service
Vijay Iyer

ITAT ruling on Bharti Airtel has provided the much-needed guidance on transfer pricing


In Sahara case, law itself has been victimised
Somasekhar Sundaresan

Sahara represents the ultimate test of the conflict between the rule of law and dispensation of justice

RBI should curb rise in rupee
TNC Rajagopalan

The February 2014 export figures show a decline of 3.7 per cent in dollar terms over a year, raising apprehension that rising costs have eroded ...

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Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (28/02) 4.68 7.24 7.28
IIP (28/02) -1.90 -1.60 0.50
GDP (31/12) 4.70 4.80 4.70
CPI (28/02) 8.10 10.09 10.91
CRR (29/01) 4.00 4.75 5.50
Bank rate (04/04) 9.00 8.75 8.50