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Indian economy to grow at 6.1% in FY14: World Bank Indian economy to grow at 6.1% in FY14: World Bank World Bank on Tuesday scaled down India's growth forecast to 6.1 percent for the current fiscal from 7 percent projected six months ago.
EGoM on gas on May 7; power tariff to rise by only marginally EGoM on gas on May 7; power tariff to rise by only marginally An Empowered Group of Ministers (EGoM) will meet on May 7 to consider nearly doubling the price of domestic natural gas, a move that is expected to result in just a 2.6 percent hike in electricity tariff and a 13 percent rise in fertiliser subsidy.
CAD likely to improve to 3.9% of GDP in FY'14: Report CAD likely to improve to 3.9% of GDP in FY'14: Report CAD of a country represents the difference between inflows and outflows of foreign currency.
Petrol price cut by Rs 3 per litre, steepest reduction in 5 years Petrol price cut by Rs 3 per litre, steepest reduction in 5 years The fourth reduction in rates since March means that petrol in Delhi will cost Rs 63.09 a litre with effect from midnight tonight as against Rs 66.09 per litre currently.
2G spectrum: PAC likely to call Raja as witness 2G spectrum: PAC likely to call Raja as witness Raja had recently written a letter to the JPC, claiming he had taken all decisions pertaining 2G spectrum in consultation with PM and FM
Coalgate: CBI should be liberated from political interference, says SC Coalgate: CBI should be liberated from political interference, says SC In a damning indictment, the Supreme Court Tuesday said CBI's act of sharing the status report on Coalgate with the government has "shaken" the entire investigation process and vowed to "liberate" the agency from political influence and interference.
Innovation, reforms needed to spur economic growth: CII Innovation, reforms needed to spur economic growth: CII Reforms in governance as well as innovation across businesses needed to bring the slowdown-hit economy back to higher growth rate trajectory, industry body CII said Monday.
FTA: EU members willing to work out 'balanced outcome' FTA: EU members willing to work out 'balanced outcome' Amid differences over the extent of duty cut in automobile sector, the EU is ready to work out for a "balanced outcome" in the proposed free-trade agreement with India, according to the visiting Members of the European Parliament.
Direct cash through Aadhaar to save 0.5% of GDP for India: IMF Direct cash through Aadhaar to save 0.5% of GDP for India: IMF Integration of direct cash transfer with Aadhaar will take time but the scheme will help Indian government save 0.5 percent of the GDP, International Monetary Fund (IMF) said Monday.
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