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December 18, 2015 4:37 PM
Country's ports achieved only 79.80 million tonne per annum (MTPA) capacity addition during 2010-12 as against envisaged 315.23 MTPA. CAG in its report tabled in Parliament also said Public Private partnership (PPP) projects have contributed only 33 per cent to total capacity of major ports...
December 18, 2015 1:59 PM
Chief Economic Adviser Arvind Subramanian today said inflation has moderated considerably, rupee has been stable and rural wages and Minimum Support Prices are seeing moderation. Briefing media in New Delhi, Mr Subramanian said, GDP growth would be between seven to seven and a half percent. Expressi...
December 18, 2015 1:40 PM
Chief Economic Adviser Arvind Subramanian today said inflation has moderated considerably, rupee has been stable and rural wages and Minimum Support Prices are seeing moderation. Briefing media in New Delhi, Mr Subramanian said, GDP growth would be between seven to seven and a half percent. Expressi...
December 18, 2015 1:05 PM
India will contribute 5 Lakh US dollars to the United Nations annual Emergency Response Fund, ERF, to support global humanitarian relief operations. India had contributed equal amount in 2014 as well.First Secretary in the Indian Mission to the UN, Abhishek Singh said in New York Thursday, India has...
December 18, 2015 12:56 PM
The government today lowered its growth forecast for the current fiscal year to 7-7.5 percent from 8.1-8.5 percent estimated in February. The revision comes after Asia's third-largest economy grew 7.2 percent in the first half of the 2015-16 fiscal year.In its mid-year economic review prese...
December 18, 2015 8:48 AM
India has hardened its stance at the ongoing WTO talks and has strongly objected to the draft text on agriculture. India said some countries are pushing for a deal on phasing out export subsidies with some undue haste. Commerce and Industry Minister Nirmala Sitharaman made it clear that without conc...
December 18, 2015 8:34 AM
Finance Ministry has said, India is well prepared to deal with the impact of the US Federal Reserve interest rate hike. Economic Affairs Secretary Shaktikanta Das tweeted that the end of uncertainties will actually help policy makers in emerging economies. He said, the rate hike and reference to gra...
December 18, 2015 7:57 AM
Central Bureau of Investigation, CBI, filed charge sheet against two employees of the Bank of Baroda for offences including criminal conspiracy and cheating in connection with alleged illegal remittances of over 6,000 crore rupees made to over 350 accounts in Hong Kong and Dubai from one of its bran...
December 18, 2015 7:55 AM
Reserve Bank of India, RBI, has said that all banks will have to follow a new and uniform methodology from April next year to calculate base rate as per the marginal cost of funds. In a press release, the RBI said that apart from helping borrowers reap the benefit of lower rates, the step would also...
December 17, 2015 8:56 PM
Responding to the decision of the Federal Reserve, Finance Ministry said, it marks the beginning of gradual withdrawal of the accommodative monetary policy stand adopted since 2006. It said, going forward, the actions of the US Federal Reserve are expected to be cautious and data driven. In a Statem...
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Last Updated: 15th May 2026
