Govt trying to rectify gap in potential, actual growth rate: Arun Jaitely

Trade deficit narrows to $13 bn in Oct

Due to decline in oil import, India's trade deficit for the month October has narrowed to 13 billion dollars as compare to the previous month of 14.25 billion dollars. Trade deficit in October last year had stood at 10.5 billion dollars. Export data today released by Commerce Ministry said ...

China to promote travel along Silk Road belt

China on Sunday said that it will promote travel by Chinese tourists to the countries along the Silk Road belt, which could also benefit India. China will promote travel to countries along the Silk Road in 2015.India, which gets just over a lakh Chinese visitors, is conducting campaigns to attract m...

Finance Ministry review meeting with chiefs of PSU banks next week

Finance Ministry has called a meeting of chiefs of public sector banks next week to review their financial performance and Pradhan Mantri Jan Dhan Yojana, PMJDY. The meeting will also focus on the issues of asset quality recovery of bad loans, Credit to farm sector, housing and education loans. Besi...

Govt trying to rectify gap in potential and actual growth rate: Arun Jaitely

Previous govt's indecisiveness caused loss in infrastructure sector: Arun Jaitley

RBI to invite applications for setting up of small, payment banks

The Reserve Bank of India will invite applications for setting up of small and payment banks -- aimed to cater to small businesses and low income households -- by the end of this month after putting in place final norms in this regard. Governor Raghuram Rajan said this while addressing micro-financi...

Japan slips into recession

Japan's economy shrank for the second consecutive quarter, marking a technical recession in the world's third largest economy. Gross domestic product fell at annualized 1.6 per cent from July to September, compared to forecasts of a 2.1 per cent rise. That followed a revised 7.3 pe...

With more participants the 34th India International Trade Fair IITF is going to showcase alluring items from different parts of the world.AIR correspondent reports, the enthusiasm of foreign business communities to participate in the International Trade Fair in Delhi is gaining momentum.Talking to A...

Indian Cotton Textiles Show gets underway in Dubai

A two daylong Indian Cotton Textiles Show got underway in Dubai on Sunday. 10 leading textile manufacturers and exporters from India are among a host of participants from India showcasing a whole range of home textiles and home furnishings.These include cotton textiles, cotton yarn, cotton fabrics a...