Page 5909 - Economy & Policy News
Orissa mulls cap on iron ore output
State government is examining a proposal from its mines department for the cut
Govt proposes setting up sovereign fund to buy coal assets abroad
Domestic supply has fallen short of targets largely due to regulatory hurdles
Expect $30-35 bn equity dilution from Basel III: Macquarie
Goldman on the other hand on Thursday said expect a significant impact from Basel III requirements on Indian banks
Schools rework financials to implement RTE
Those below 20% profitability will suffer a few blows
Pranab blames global volatility for pressure on rupee
In most Asian countries excep China, a stressed BoP is leading to currency depreciation: Pranab
Govt plans review of tax treaty with Mauritius
The govt has been under pressure from opposition parties to renegotiate the treaty
Record 252 mn tonne foodgrain produced in FY12
Production of wheat, rice and cotton have broken a 60-year record
Our aim is to recover pre-crisis growth momentum: Pranab
Finance Minister said despite adverse international environment, India managed to maintain GDP growth rate of about 7% in 2011-12
Export sops led to revenue loss of Rs 70,000 cr in FY11
Duty foregone under various schemes was approximately 52% of total customs receipts
Banks may need Rs 2.5 lakh cr to meet Basel III norms: Fitch
Yesterday, another rating agency ICRA said banks will require between Rs 3.9 - 5 lakh crore as capital to comply with Basel-III norms
Digest of Domestic news for the week
Bangaru Laxman is awarded 4 years rigorous imprisonment by a Delhi court for taking Rs one lakh as bribe in a fictitious defence deal case
India needs to raise infra spending to 10% of GDP
In order to achieve and sustain economic growth target of 9% in the coming years
Mamata slams Centre, says NCTC not acceptable
"NCTC with the proposed powers of arrest and seizure upsets the federal structure of the country"
NCTC will supplement counter-terror capabilities of states:PM
12 chief ministers have opposed the formation of NCTC
US hiring slows, spells trouble for economy, Obama
Employers added 115,000 workers to payrolls last month
India should raise infra spending to 10% of GDP: ADB
Of the total targeted investment, private sector is expected to invest $500 bn
Centre faces stiff opposition on NCTC
Charge was led by Gujarat Chief Minister Narendra Modi and Tamil Nadu Chief Minister J Jayalalithaa
Centre promises to empower Bihar with 1,320 MW
The allocation will be made from upcoming NTPC unit in Barh
Govt to take up 49 FDI requests on Wednesday
FIPB had cleared 22 proposals of FDI amounting to Rs 586.13 crore in its last meeting on March 30
Nomura calls for urgent steps to boost investments
Nomura said GDP growth dipped from a high 8.4% in FY11 to an estimated 6.9% in FY12 and possibly even lower in the current fiscal