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Economy
India recorded 2nd highest growth in HNI population last year
As many as one million individuals joined the global HNWI population.
Latest News
Two degree rise in temperature will hit India's agriculture: WB
An expected two degrees Celsius rise in the world's average temperatures in the next few decades would make India's summer monsoon unpredictable, affecting crop production, a World Bank report said Wednesday.
Cabinet likely to approve merging central schemes Thursday
The Union Cabinet would consider on Thursday the proposal to merge the 147 Centrally Sponsored Schemes (CSS) into 70 across various sectors for efficient implementation and monitoring in the 12th Five Year Plan.
FDI dips by 6% to $5.47 bn in Jan-March 2013
Foreign direct investment (FDI) in India has declined by six percent to USD 5.47 billion during January-March quarter of the current calendar year even as government is making efforts to promote the country as an investment destination.
EPFO apex decision making board of trustees reconstituted
Retirement fund body EPFO Wednesday announced reconstitution of its apex decision making body, the Central Board of Trustees, headed by the Labour Minister.
Govt may start Telecom Finance body with Rs 1,000 cr fund
Government may initially infuse Rs 1,000 crore in the proposed Telecom Finance Corporation (TFC) to address funding challenges facing the sector.
World Bank offers $216 mn loan for Kerala road project
The government Wednesday said it has signed pact with World Bank for USD 216 million loan for Kerala State Transport Project to improve road conditions and safety in the state.
$5 bn M&A deal club sees 28 transactions in 2013 so far: Report
Companies across the world struck 28 M&A deals worth at least USD 5 billion in 2013 so far compared to 21 such mega transactions in the same period last year, a report says.
Around Rs 40,000 cr stuck due to delay in allocation of gas
Around Rs 40,000 crore investment in the power sector is in limbo for want of government decision on allocation of natural gas to the proposed electricity stations.
Govt for easier entry and exit rules for MSMEs
A government-panel looking at ways to boost manufacturing in Micro, Small and Medium Enterprises (MSMEs) sector is likely to propose easier entry and exit norms for smaller units.
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