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Govt introduces uniform gas price for urea plants

The Department of Fertilizers has estimated Tuesday's decision will lead to additional production of 3,713,000 mt of urea in existing fertiliser ...

External debt risk: India got safer by Dec 2014 compared to six months before

The proportion of short-term loans in overall debt, the debt to GDP ratio and forex cover showed improvement

Traders to import 80,000 tonnes wheat as rains damage standing crop

Stocks lying with the state-run Food Corporation of India totalled 19.52 million tonnes on March 1

Natural gas price slashed by 7.7% to $4.66 per unit

The new price reflects the significant decline in global crude oil and LNG prices since June last year

'Direct tax collection might miss revised target'

Government's direct tax mop-up is set to miss the revised target for the 2014-15 fiscal as the collection so far has been only about Rs 6,30,000 ...

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An IT SEZ in Tamil Nadu

Tamil Nadu's SEZ policy meets its flip side

Long-term leases have meant that many companies are sitting on the land allotted to them without creating any infrastructure

Has Posco's Odisha plan finally hit the wall?

The new mining law, which provides for allotment of mines solely through auctions, may have sounded the death knell for its proposed steel plant

Manufacturing sector MSMEs to benefit from capacity additions

CRISIL has analysed the growth in fixed assets of 2,185 micro, small, and medium enterprises (MSMEs) in the manufacturing sector, rated on the ...

StatsGuru: Behind the worrying uptick in food inflation

For much of the recent past, high food inflation has driven all-round price increases

Delhi, seeking 381% subsidy rise, complains about New Delhi

The Delhi government stands to lose about Rs 25,000 crore under a central plan to devolve more finances to states

Editorial Comment Rss icon

A recurring dilemma

RBI must respond to sluggish growth

Out of the loop

Policy should address India's low e-commerce readiness

New Sun Pharma priority

It has to lead in gaining regulatory trust

Climate change costs

Unpredictable weather may impact 30 per cent of the harvest

Core problems

On roads and railways, government approach confusing

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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

An elephant in a hurry

Regulatory turfs are set to get reworked as financial sector reforms gather pace

How constitutional are Sebi directions?

SC's rationale on validity of IT Act holds immense significance for the financial sector

Caution on injunctions against banks

A weekly selection of key court orders

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Tackling transfer pricing

Time and negotiation needed for the govt and corporates to come out of the maze around transfer pricing-related issues; the current half-hearted ...

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Winds of change in insurance boardrooms

There are stirrings in the insurance sector - foreign joint venture firms are raising their stake to 49 per cent while their Indian partners ...

Conflict between govt policies and competition law

Many in the government often fail to consider the benefits of competition on the economy and consumers

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Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (31/01) -0.39 1.66 5.05
IIP (31/01) 2.60 -4.20 0.80
GDP (31/12) 7.50 5.30 4.70
CPI (28/02) 5.37 5.52 8.03
CRR (29/01) 4.00 4.75 5.50
Bank rate (20/02) 8.75 9.00 9.00