Rupee likely to face strong resistance at 65 level: K Harihar, FirstRand BankI still want to believe that the 65 is a very big resistance on the higher side and you would see both intervention coming in at 64-65 leve...
UPA's land law defective, posed threat to India's security: Finance Minister Arun JaitleyThough the Cong-led govt had put defence and security as urgent matters, it had "forgotten to put such projects in the exempted list."
Government bars its employees from travelling first classThe previous UPA government put similar measures in place in 2012 and 2013 as it sought to narrow the fiscal deficit during period.
Tough measures help Essar turn around troubled Algoma SteelToday, Algoma claims it is witnessing a turnaround. Essar has managed to bring the company back to profitability in the last two quarters.
Rising imports by star trading companies led to higher trade deficit, alleges jewellers' associationImporters like banks and PSU agencies could supply gold to local jewellers, premier trading houses could import gold only for export activi...
Taking decisions based on transparent norms will be helpful for investors: Deven Choksey, KR Choksey Securities"The intent is very obvious and clear that they want to bring the investors back into the market and that is where these norms would help."
Bankers pitch for a National Asset Management Company to deal with the problem of bad loansConcerned over rising bad loans, heads of banks and financial institutions today suggested creation of National Asset Management Company.
Narendra Modi government faces challenge as GDP grows 4.7% in FY 14India’s growth barely accelerated in the year ended March, remaining stubbornly below 5%, but disappointment was balanced by hope.
- India's likely trade deficit in 2010-11 at $115-125bn: DGFT
DGFT Anup Pujari said the trade deficit would widen despite hope to surpass $200 billion export target for the year, but imports are increa...
- Rangarajan says fiscal consolidation must in a growing economy
Prime Minister's Economic Advisory Council Chairman C Rangarajan on Tuesday said that the process of fiscal consolidation must start as the...