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May 22, 2013
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Economy
Barclays lowers India growth forecast to 6% for FY14
Brokerage firm Barclays Capital on Tuesday lowered India`s growth forecast to 6 percent for 2013-14, from earlier projection of 6.2 percent, citing "recent disappointments" in economic activity.
Latest News
'India, EU yet to reach consensus on vexed issues for FTA'
"Final positions are to emerge as the negotiations across various sectors including cars are ongoing," Minister of State for Commerce and Industry D Purandeswari said in a written reply to the Rajya Sabha.
Petrol, liquor, to become costlier in Bihar
Decision to this effect was taken at a meeting of state cabinet presided over by Chief Minister Nitish Kumar.
Food Ministry notifies CCEA decision on sugar decontrol
Currently, sugar is sold at the retail issue price (RIP) of Rs 13.50 per kg in ration shops.
Coal producers to fix prices; Regulator to settle dispute only
Settling the issue of fixing coal prices, a Group of Ministers (GoM)) today decided that the proposed regulator will not determine fuel rates, a job that will continue to be vested with the producers.
Govt clears 17 FDI proposals worth Rs 262.56 cr
The proposals were cleared following recommendations by Foreign Investment Promotion Board.
33% Indians feel offering cash to win biz is justified: Survey
Over a third of respondents in India feel that offering cash payments to win or retain business is justified, says a survey by E&Y.
Parl panel against passing of coal duty hike on power consumers
The Cabinet in December 2011 had decided to hike statutory levy on coal dispatches.
India economy projected to grow by 6.2% in FY14: NCAER
The RBI in its annual monetary policy review for 2013-14 last week had projected GDP growth rate of the country for the current fiscal at 5.7 percent.
CAG criticises govt for fixing foodgrain MSPs in skewed way
The CAG also found fault in the way norms were set for maintaining buffer foodgrains for meeting contingencies. It also suggested increasing procurement to meet growing demand.
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iGate sacks CEO Phaneesh Murthy after sexual harassment charge
Gold price today: Latest updates
Gold hits 21-month low; silver at its weakest in over 2 years
Samsung launches Galaxy Grand Quattro in India for Rs 17,290
New gadget recharges your cellphone in just 30 secs
Chevrolet Enjoy launched in India
Sensex tanks 430 points
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