A fall in the reserve assets to the tune of $25.8 billion during the three-month period ended September 2008 over the previous quarter resulted in decline in India&rsquo;s total external financial assets by 5.21 per cent.

External financial assets down 5.21%

Business Standard

India can either impose anti-dumping duties or safeguard duties to tackle import surges.

More import restrictions in pipeline

Core sector records fastest growth in four months

Literally, a vote on the accounts of the Government of India. No money can be spent by the government without the Parliament approving it; so after the government presents the accounts of expenditure and income, the Parliament approves it. Only after this does the government get to spend the money.

Primer: What is a vote on account?

In a mortgage market, borrowers are categorised either as &lsquo;prime&rsquo;, which indicates their good credit-worthiness, based on their sound track record; or as &lsquo;sub-prime&rsquo;, meaning that their track record in repaying loans is below par.

Guest column: Sub-prime crisis is the flip side of a booming economy

Bimal Jalan refuses to make a forecast on economic growth, this year or the next. But he does confess that a week or two ago, he might have expected 5 to 7 per cent growth this year.

Do more than you think is needed: Bimal Jalan

Andrew Mellon. That&rsquo;s the answer ratings agency ICRA&rsquo;s economic advisor, Saumitra Chaudhuri, gives to those who compare the current US recession with the Great Depression.

'Contraction will be over within two quarters'

The domestic writing and printing paper industry may not have felt the impact of the economic slowdown so far. Paper prices have remained firm and demand is still strong.

Slowdown fails to shake paper industry

The economic slowdown has taken off the road nearly a quarter of the total trucks in the country.

Slowdown hits goods transport business

In a recent ruling, the Hon&rsquo;ble High Court of Bombay (HC), in case of Clifford Chance, UK (CC) ruled that the professional fees charged for the service provided by the foreign law firm is not

Territorial nexus for services rendered by foreign law firms in India

Law column: Territorial nexus for services rendered by foreign law firms in India

The higher returns promised in the new CERC norms are offset by other changes in the rules and are available only to power projects that are completed in time.

'Is investing in the power sector now more viable'

Over the past few weeks, most forecasters have lowered their expectations for India&rsquo;s GDP growth.

Editorial: Better than expected

Economic and security conditions call for a speeding up of the electoral schedule.

Subir Gokarn: The luxury of time

There can be little doubt their anger has got the government rattled, but unless the middle classes join politics in some way, sustaining their movement won't be easy.

'Has middle-class activism made politicians irrelevant?'

The Index of Industrial Production (IIP) for October did what several analysts had feared, by dropping below the level achieved in October 2007. While the overall index declined by a marginal 0.4 per

Editorial: Below zero

Ultimately it all depends on how much demand comes from the sub-Rs 20 lakh segment - few big developers operate in this range, so the package is unlikely to help them.

'Will the housing package help stimulate demand?'

In December 1933, Felix Frankfurter sent to US President Franklin Roosevelt a copy of an open letter from the economist, John Maynard Keynes.

S L Rao: Keynes' formula - Recovery and Reform

The New Economic Policy announced by the Uttar Pradesh government in December 2007, planning investment up to Rs 1.35 lakh crore in the state with major thrust on Public Private Partnership (PPP), is

2008: Unfulfilled promises on UP industrial front

Suresh Tendulkar is not a pessimist when it comes to the economic situation.

We are seeing irrational pessimism: Tendulkar

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