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Economy
FIPB clears 16 FDI proposals worth Rs 1,647 crore
The government has approved 16 projects envisaging foreign investment worth Rs 1,647 crore, while deferring Punj Lloyd`s proposals for lack of security clearance.
Latest News
Prime Minister Manmohan Singh arrives in Japan on 3-day visit
Prime Minister Manmohan Singh arrived here Monday on a three-day visit to Japan to invigorate bilateral strategic ties and push for a civil nuclear energy cooperation deal.
Government will remove investment bottlenecks: PM
Low investments, particularly in infrastructure sector, have been a “big bottleneck” to the Indian economy and holding up the growth, Prime Minister Manmohan Singh has said, adding the government is trying to address the problem.
EGoM on gas to meet on May 28
An Empowered Group of Ministers (EGoM) may meet on Tuesday to consider abolishing the priority ranking in natural gas allocation so that fuel currently consumed by urea plants can also be diverted to fuel-starved power plants.
Q4 Scorecard: PSBs continue downslide, pvt banks shine again
Private lenders also fared much better during the January-March quarter when it came to growth in loans and deposits, as also asset recoveries despite weak economy and choking credit demand.
Damodaran committee report on biz climate likely next month
The committee, set up by the Corporate Affairs Ministry, is headed by former chairman of Securities and Exchange Boards of India M Damodaran.
Top commerce team to visit China to discuss trade deficit
A high-powered Indian commerce delegation would visit here next week for talks with Chinese officials to discuss initiatives to broaden market access for Indian products in China and address New Delhi's concerns over the ballooning trade deficit.
'India's growth strategy holds lessons for developing nations'
India's strategy of fuelling growth with market-based policies and eradicating poverty by "growing the pie rather than slicing it" holds lessons for other developing countries, two eminent Indian-American economists have said.
FM sees growth accelerating this fiscal
Finance Minister P Chidambaram on Saturday exuded confidence that the sagging economic growth will soon revive and economy this fiscal will grow by at least one percent more than last fiscal.
Chidambaram to visit Dubai tomorrow to woo investments
With a view to seek foreign investments, Finance Minister P Chidambaram will be visiting Dubai on Sunday to sell India's growth story to sovereign wealth funds.
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