Snapping the double-digit growth trend of the previous four months, merchandise exports rose only 5.9 per cent in November over a year, to $24.6 billion, despite the rupee's depreciation.
Raghuram RajanReserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday cautioned that tapering of the US’ bond-buying programme by the Federal Reserve might have unexpected results, but added India was prepared for it.
As the liquidity in the system is set to tighten due to advance tax outflows later this month, the Reserve Bank of India (RBI) is set to conduct a 14-day term repo on Friday.
Reserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday said inflation had resurfaced and the central bank's monetary policy actions would be “guided by a set of data points&".
P ChidambaramA few days after Congress President Sonia Gandhi blamed surging prices for the drubbing faced by the Congress in elections to four states, Finance Minister P Chidambaram on Wednesday tried to pass some of the blame to state governments and
Amid tepid economic growth and weak demand, annual growth in bank credit fell to 14.2 per cent as of November-end. At the end of October, bank credit had recorded 16.1 per cent year-on-year growth.
The committee entrusted with screening the applications for new bank licences will give its report within three months of the central bank completing the inspection of all 25 applications.
On Thursday, the ministry of defence (MoD) will take an important step towards galvanising indigenous defence capability, when the Defence Procurement Board (DPB) will consider, and probably approve, a new procedure for “Make&" category
Road developers hoping for early relief from the government will have to wait longer.
The central government has decided to widen the acceptability of its biggest social security initiative, the National Food Security Act, by agreeing to equally share the financial burden of transportation of grain and commission for ration-shop owners
The task of selecting the winners in a year when slowdown was the main theme was a tough one, but the six-member jury for the Business Standard awards for corporate excellence in 2013 made it look simple.
Former Bharatiya Janata Party (BJP) president Nitin Gadkari’s take on taxes would be music to the ears of India’s 35-million income tax payees.