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Indian Economy

Don't buy gold for economy's sake, Chidambaram tells Indians

New Delhi, June 13: Finance Minister P. Chidambaram on Thursday asked people to resist the temptation of buying gold, given the state of the Indian economy. "I once again appeal to everyone to resist the temptation to buy gold. This will ...

Indian economy to grow at slower pace of 6.7 pc in 2012: UN

United Nations, Jun 7: India's economy will grow at a slower pace of 6.7 per cent in 2012 instead of 7.7 per cent as was the forecast, said the United Nations. The world body has warned that the euro area debt ...

''Indian economy expected to reach USD 6 trillion by 2020''

Coimbatore, Mar 6: Former ISRO chairman and Planning Commission member K Kasturirangan today said if India sustains a nine per cent GDP growth then by 2020 its economy is expected to approach USD six trillion. Kasturirangan said that the size of ...

Upa Meeting To Tackle Food Inflation Levels

After aam aadmi, now UPA govt sheds onion-tears

New Delhi, Jan 11: It was a bad start to the UPA government this new year. With spiralling food prices, host of corruption and scams, the UPA believes in tackling one problem at a time.For this very purpose, key ministers in ...

UTI MF declares tax free dividend of 7 percent

Mumbai, Dec 16: Sponsored by State Bank of India, Punjab National Bank, Bank of Baroda, UTI Mutual Fund announced tax-free dividend of 7 percent, which would come into its effect from Dec 21, 2010.All unit holders, who are registered under the ...

Following Inflation Rbi Reduces Slr To 24 Pc

Inflation rises; RBI reduces SLR to 24 pc

Mumbai, Dec 16: Following the rising demand and high global commodity rates, Reserve Bank of India (RBI) announced diminution in the Statutory Liquidity Ratio (SLR) of scheduled commercial banks (SCBs) from 25 percent to 24 percent, which would come in effect ...

G20: PM offers solution to global economic crisis

Seoul, Nov 12: During the G20 Summit in South Korea on Nov 12, Prime Minister Manmohan Singh, being an eminent economist, proposed a solution to the challenge of generating demand in the global economy.The solution, which Singh proposed is to recycle ...

India needs open, stable economy, says PM

New Delhi, Nov 10: Before his departure for South Korea to take part in the G20 Summit, Prime Minister Manmohan Singh on Wednesday, Nov 10 claimed that India needs an open, stable and rule-based economy to achieve real development.Singh stated, "Given ...

Cheaper vegetables dip food inflation to 12 pc

New Delhi, Nov 4: The month of Nov showed a slight relief to the public as food inflation fell to 12.85 per cent and the prices of vegetables, especially potato and onion, softened due to improved supplies.However, other essential items like ...

Food Inflation Falls 12 Percent Vegetables Cheap

Food inflation dips to 13.75 percent

New Delhi, Oct 28: Food inflation declined to 13.75 percent. According to data issued by the government showed that the food inflation fell by 1.78 percentage points to 13.75 from 15.53 percent of the preceding week.This is the second consecutive week ...

3G auction to help India's economic growth: Pranab

New Delhi, Oct 26: Speaking at the annual Economic Editors Conference in Delhi on Oct 26, Finance Minister, Pranab Mukherjee stated that auction of 3G and broadband spectrum and disinvestment proceed would help Indian economy to meet its expected growth.For the ...

Market Analysis: Weekly roundup till Oct 9

Last week, benchmark indices paused after three weeks of upsides on the concern that stock valuations are pricey after recent run up. Sensex lost 1.0 per cent and closed at 20,250 during the week, while Nifty ended the week at 6,103 ...

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