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Next time you go to the Post Office, it may well turn out to be a bank

Dept of Post has moved a Cabinet note with the govt providing Rs 500 cr as seed capital to India Post, the minimum requirement

DIPP moves to end control of companies via back door

Cabinet note extends definition to cover say in management or policy decisions

Panel identifies 9 sectors for mandatory Indian control

Duty drawback for gold jewellery raised 72%

Duty drawback is the reimbursement of Customs duty paid by jewellers

Exports fall in May on ban on gold trading in SEZs

Imports, however, rose 6.9% to $44.7 bn vs $41.7 bn in May vs year ago period

Human error cannot be completely avoided: T C A Anant

Interview with Chief Statistician

Stalled reforms tilt credit risks to the downside: T K Ogawa

Interview with Credit Analyst and Sovereign Ratings Director, S&P

Nod unlikely for stake increase in HZL, Balco

Attorney-General Vahanvati has advised govt to only prospectively allow listed firms to buy or sell stake through contracts, say sources

Ordinance, special session on Food Security Bill unlikely

The bill, expected to be main plank of Congress in polls, likely to come up for discussion in the Monsoon session of Parliament

Govt took rational route on Vodafone dispute: Experts

Govt took rational route on Vodafone dispute: Experts

Vodafone suggested conciliation under international law and the legal provisions are similar

Is southwest monsoon headed for a break after a steady start?

Agriculture minister Sharad Pawar has directed Maha chief minister Prithviraj Chavan to take all precautions as the state is reeling under worst drought in 40 years

Cabinet may take up Vodafone conciliation tomorrow

Govt might consider amendments to Income Tax Act 1961 and Arbitration & Conciliation Act 1996 to resolve Rs 14,000-crore tax dispute

India, China to be largest investors by 2030: World Bank Report

The two countries will also account for almost half of all global manufacturing investments

Govt will have to revive growth to see over 6% GDP expansion in FY14

What is likely to help the economy growth in the expected range is the low base of 2012-13

FinMin for ban on pyramid marketing schemes

No clarity yet on whether multi-level structure would escape ban

FM reins in fiscal deficit at just 4.9% of GDP in 2012-13

Says to focus on revenue raising measures than expenditure compression this time around

GDP growth at sub-5% in 2nd straight quarter of FY13

2012-13 yielded decade-low growth of 5%

Food fecurity cannot be compromised: Sharma to WTO

Also tells EU trade commissioner data secure status is important for India

Fiscal parameters worsen in relation to RE in Apr-Feb 2012-13 y-o-y

The fiscal deficit figures for entire 2012-13 are scheduled to be released on May 31