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May 21, 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
Infra space: Crisil for more policy, regulatory reforms
With the government earmarking USD 1 trillion for infrastructure over the next five years, Crisil has pitched for urgent reforms in policy and regulatory areas to ensure that benefits of the progress achieved reach the bottom of the pyramid.
Improve economic model to forecast GDP: Abhijit Sen
Concerned over the widening difference between growth projections and actual realisations, the Planning Commission has made a case for improving the economic model to project GDP.
Agri Min proposes Rs 60/quintal hike in paddy MSP for 2013-14
In view of surplus rice stocks, the Agriculture Ministry has proposed a hike of Rs 60 in support price of paddy at Rs 1,310 per quintal for 2013-14.
CII says S&P retains ‘negative’ outlook on India
The negative outlook affirmation by S&P for India’s BBB- status is unfortunate, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), has said.
RBI or SEBI should create awareness against ponzi schemes: SBI
In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes.
Canada committed to Free Trade Agreement
To date, the Canada-India trade negotiations have undergone seven official rounds.
US working with India in developing nations on social programme
This is a work in progress as the United States moves from a donor-recipient relationship to that of partnership.
US paves way for shale gas export to India
The existing federal law generally requires approval of natural gas exports to countries that have an FTA with the United States.
Anand Sharma invites Japanese Inc to invest in India
Commerce, Industry and Textiles Minister Anand Sharma, addressing the "India Investment Roundtable" jointly organized by the Department of Industrial Policy and Promotion (DIPP) of Ministry of Commerce and Confederation of Indian Industry in Tokyo Friday, invited leading Japanese companies to invest in India and become partner in the growth story of India for mutual benefit.
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