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US Secretary of State John Kerry, US Secretary of Commerce Penny Pritzker & Arun Jaitley

India firm on WTO stand; US tries to break impasse

Azevêdo presses countries in last ditch-effort to sign trade facilitation pact

US set to tweak visa policy, assures Kerry

The assurance came as relief for the Indian IT services sector

Rajasthan Assembly passes labour law changes

Aimed to prevent victimisation of workmen, encourage employment, ease retrenchment norms, speedily dispose cases among other things

Mundra's task at central bank

Mundra has been appointed for a period of three years

Jaitley gets fiscal deficit headache reminder

June quarter's fiscal deficit level crosses half of estimate for entire financial year; tax & non-tax revenue pace a worry

Features Rss icon

Why Jaitley is threatening to shut down non-performing PSUs

Union Finance Minister Arun Jaitley might have startled his party colleagues by threatening to shut down some of the sick central public sector ...

Retailers search for clarity in govt's policy confusion

While the government may be looking at easing the rules for single-brand retail, multi-brand and online continue to be caught in a logjam

Will the govt hit its stake sale target this time?

Even though the past record has been dismal, experts are gung-ho about not just meeting the target but also surpassing it

'No bar on utilisation of SHIS for the import of second-hand capital goods'

Foreign Trade Policy does not specifically deal with such a situation. The normal rule of interpretation is that any ambiguity in a beneficial ...

What Sinha had to say about Sebi being called a dragon

'here are instances where Sebi was called an activist, now we are called a Dragon'

Editorial Comment Rss icon

Against science

Government should not back RSS on GM crops

Red flag on waivers

States, not banks, should pay for populism

The status quo option

RBI should maintain its inflation-fighting credibility

Waiting for recovery

Early corporate results suggest demand is still weak

After 2015

Start thinking of new development indicators

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

Saving PPP projects
Jyoti Mukul

Flexibility in terms and conditions could preserve contract sanctity

Soumitra Dutta

India's competitive edge is less sharp: Soumitra Dutta

Interview with Dean, Johnson Cornell University

Somasekhar Sundaresan

Some existential questions for Indian tribunals
Somasekhar Sundaresan

Retired judges who join tribunals are at the mercy of civil servants in the administrative ministries for policy governing their day-to-day ...

Gift of property need not be handed over
M J Antony

Income Tax Appellate Tribunal

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Why GAAR spooks corporate India

Trust deficit between taxpayers and tax administrators is the key factor that makes GAAR a non-starter

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Need debate on the time required to be GAAR-ready: Rajiv Memani

Interview with CEO & country managing partner, EY India

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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