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CEC tweaks Karnataka's auction plan for Category-C mines

The Central Empowered Committee of the Supreme Court has rejected some of Karnataka's proposals; KIOCL allowed to bid for mines

Measures to boost funding to SMEs in the offing

Easier listing norms, bankruptcy code among measures likely to be announced in Budget session

Fadnavis sanctions Business District for Thane on lines of BKC

The CBD is to be set up on a 72 acre land at Kalwa-Kharigaon and the place will be developed taking into confidence the local elected ...

UPA-II's economic report card sparkles as new figures show 7.1% average growth

Economic growth numbers were revised on Friday to just below 5% and above 6% for 2012-13 and 2013-14, respectively, compared to sub-5% ...

Sugar industry renews call for govt help

With sugar production in the 2014-15 season expected to be around 26 million tonnes as against the earlier estimated 25-25.5 mt, millers say ...

Features Rss icon

Reforming FCI or cutting back food security?

The Shanta Kumar Committee on restructuring FCI has suggested the reach of the National Food Security Act be curtailed to 40 per cent of the ...

Focus on higher education to improve states' economy

To attract foreign investment in the education sector, the govt needs to clear the foreign universities Bill but it also needs to amend and ...

Surge in Chinese exports bodes ill for aluminium prices

Of the global aluminium production of 53.746 mt in 2014, China accounted for 27.98 mt

StatsGuru: Factors that might have worried the ECB

The European Central Bank (ECB) has decided to pump money into the continent's capital market through its own quantitative easing (QE). What ...

Labour woes ahead of reforms

Centre has set the ball rolling for radical changes in labour laws, instrumental to its 'Make in India' campaign

Editorial Comment Rss icon

Forward on disinvestment

But bunching up of stake sales not helpful

The currency conundrum

A clear case for applying brakes on rupee appreciation

No deal on climate

India, US cooperate on climate, but no agreement

Three days in New Delhi

US president's trip removes some major irritants

The patent puzzle

Indian licensing of patented drugs is a win-win

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

Labour woes ahead of reforms

Centre has set the ball rolling for radical changes in labour laws, instrumental to its 'Make in India' campaign

What to learn and unlearn from the US

Prior public consultations when making regulations should be a critical feature

Non-use of acquired land makes it invalid

It is not just under the old central Land Acquisition Act 1894, but even under state laws, land is acquired and not used for decades, making a ...

Does The Indian Contract Act need a re-look?

One of the oldest acts in Indian statute books, The Indian Contact Act, 1872, needs to recognise non-compete restrictions, bring more clarity in ...

When taxman comes calling on your bonus

If fringe benefit tax makes a comeback in the forthcoming Budget, there could be some tightening of tax evasion

How GST will benefit traders and manufacturers

Concept of manufacture will be replaced by value added which is numerically measureable and is not controversial

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Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (31/10) 1.77 5.41 7.24
IIP (30/11) 3.80 0.50 -1.30
GDP (30/09) 5.30 5.70 4.80
CPI (31/12) 5.00 6.46 9.87
CRR (29/01) 4.00 4.75 5.50
Bank rate (02/01) 9.00 9.00 8.75