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Tata Power plans to raise Rs 7,000 crore

Tata Power plans to raise Rs 7,000 crore

Last Updated: Sunday, July 13, 2014, 11:48

The approval would be valid for a period of one year and the amount would be within the overall borrowing limits.

Industrial output soars to 19-month high of 4.7% in May

Last Updated: Friday, July 11, 2014, 18:15

Showing signs of recovery, industrial production grew at 19-month high of 4.7 percent in May due to improved performance of manufacturing, mining and power sectors and higher output of capital goods.

Rating agencies say Jaitley's fiscal targets hard to achieve

Last Updated: Friday, July 11, 2014, 17:03

Rating agencies on Friday said Finance Minister Arun Jaitley's assumption of containing fiscal deficit at 4.1 percent of GDP is difficult to achieve given the poor outlook on the revenue front and absence of reduction in subsidies.

Union Budget 2014-15: Bankers welcome Budget, say it ushers in growth environment

Last Updated: Thursday, July 10, 2014, 23:35

Bankers on Thursday hailed Finance Minister Arun Jaitley's maiden budget, saying it would create an enabling environment for future growth.

Union Budget 2014-15: NDA govt targets 4% growth in agriculture

Last Updated: Thursday, July 10, 2014, 15:02

Finance Minister Arun Jaitley on Thursday said while presenting the Union Budget 2014-15 that his government was aiming for a sustained growth rate of 4 percent in agriculture.

Credit growth overtakes bank deposits; grows at 13.3%

Last Updated: Wednesday, July 09, 2014, 20:36

While total credit stood at Rs 54,04,562 crore in the same period last year, bank deposits stood at Rs 70,72,139 crore in the corresponding period last year.

Economic Survey 2013-14: Revive investment to boost growth, jobs

Last Updated: Wednesday, July 09, 2014, 20:10

The pre-Budget Economic Survey on Wednesday called for investments, especially in infrastructure, to revive growth and jobs while carrying out tax and subsidy reforms for fiscal consolidation, projecting an up to 5.9 percent GDP growth this year.

Economic Survey 2013-14: Worsening structural constraints led to sub-5% growth

Last Updated: Wednesday, July 09, 2014, 20:02

"Ill-targeted subsidies cramped fiscal space for public investment and distorted the allocation of resources," it added.

Economic Survey highlights the 'mess' we inherited: Goyal

Last Updated: Wednesday, July 09, 2014, 19:31

Blaming the UPA-led government for the poor state of economy, Power Minister Piyush Goyal Wednesday said the new government has inherited 'mess' from the previous UPA-led regime.

Economic Survey 2013-14: India has second fastest growing services sector

Last Updated: Wednesday, July 09, 2014, 19:12

India has the second fastest growing services sector in the world with a compound annual growth rate at 9 percent, just below China's 10.9 percent, during 2001 to 2012, the Economic Survey said Wednesday.

Economic Survey 2013-14: CAD likely to fall to 2.1% in FY15; to be fully financed

Last Updated: Wednesday, July 09, 2014, 19:06

India's current account deficit (CAD) is likely to fall to 2.1 percent of the GDP in 2014-15 and will be fully financed in the current year, the government Wednesday.

Economic Survey outlines 3 pronged strategy to push GDP to 7-8%

Last Updated: Wednesday, July 09, 2014, 16:59

The government on Wednesday suggested a three-pronged strategy of containing inflation, pushing tax and expenditure reforms and legal and regulatory frameworks for market economy for achieving 7-8 percent in coming years.