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CAG seeks info on govt investments in PSUs

In addition, information on major heads under which investments have been made so far or likely to be made to be furnished

India suffers from outdated notions: Nancy Powell

Us ambassador to India, Powell pitches hard for further relaxation in FDI norms in India

Final composition of PSU ETF basket to be decided by June end

The Cabinet has earlier this month cleared setting up of a PSU Exchange Traded Fund

Steel Minister not satisfied with SAIL's performance

Verma also expressed concern over the progress of ongoing modernisation and expansion plans of the SAIL

UAE Exchange helped remit $6.9 bn to India

UAE Exchange's growth rate in global volumes was 15% in 2012 compared to global growth rate of 5%

Features Rss icon

StatsGuru-20-May-2013

Taking stock of Parliament during the UPA's rule

Hard of hearings

Congress demands that heads roll in the IRS scandal, but the inspector general says there is no evidence of political pressure

A check on greed in the iron age

The Supreme Court has reallowed mining in Karnataka subject to conditions. Is it possible to safeguard the environment while keeping the ...

Madhya Pradesh goes the Gujarat way for power

It has tied up long-term contracts and has undertaken reforms, just as Gujarat did a few years ago, to provide 24x7 electricity to consumers

Stamp duty implications on issue of debentures

Unlisted debentures aren't considered as marketable security and the issuer needn't pay stamp duty on them

Editorial Comment Rss icon

Conflicting signals

UPA's leadership says one thing, its tax office does another

Old policies, new costs

West Bengal's commitment to reform seems doubtful

Ratings and resources

Economic recovery needs action, not hope

Support vs procurement

How to fix the agricultural pricing mess

Recovering a reputation

Ranbaxy needs to investigate internal wrongdoing

Columnists Rss icon

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A detox programme
Andy Mukherjee

The government needs to be less hesitant about inflation-indexed bonds, or the market wont be liquid enough

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Bonanza from the Pacific
Surinder Sud

Domestic farming of Vannamei shrimp has expanded the export market

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Renegotiating PPP contracts
Vinayak Chatterjee

Projects run the risk of getting derailed in the absence of an institutional mechanism for renegotiation

Business Law & Tax Rss icon

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Future focus areas for an effective SEBI
Somasekhar Sundaresan

It is SEBI season - the media is replete with articles on SEBI's achievements in the 25 years since its inception. A well-deserved celebration ...

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Transfer pricing: Tolerance margin needs to be rationalised
H P Agrawal

When transfer pricing provisions were introduced in India in the year 2001, no tolerance limit was prescribed for adjustment in arm's length ...

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Part of government can still be independent
Sukumar Mukhopadhyay

There is a raging controversy now whether an institution which is a part of the Government can still be independent. This happened in the recent ...

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Arbitrator will test 'dead' disputes
M J Antony

In an arbitration dispute, the Supreme Court will not normally decide whether the claims are long dead and barred by the law of limitation. It ...

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Kudankulam case: A Daniel's judgment
Kumkum Sen

It's wrong to assume that the SC has taken a position that larger public interest is more important than smaller violations of right to life

Integrated reporting: Concept capital

It tells the complete value creation story and helps enforce accountability of firms towards society

Quick Links

Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (30/04) 4.89 7.31 7.23
IIP (31/03) 2.50 -0.50 -2.80
GDP (31/12) 4.50 5.30 6.10
CPI (30/04) 9.39 10.56 10.26
CRR (29/01) 4.00 4.75 5.50
Bank rate (03/05) 8.25 8.75 9.00