Crisis to cool India's growth to 5%: UNCTAD
New Delhi: With the global 'economic winter' being far from over, the UN body UNCTAD projected much lower growth of five per cent for India in 2009 against official and R...
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Finance News
Updates from regulators, markets, and the wider Indian finance sector.
101 stories
Gold advances further on local demand
Mumbai: Gold prices advanced further on the bullion market due to persistent local buying interest despite lower New York advices. Silver also firmed up on renewed demand from ind...
India to grow by 7-7.5% in FY10: Kamath
Mumbai: With greenshoots of economic recovery becoming visible, a top banker was optimistic that India will record a growth of 7-7.5 per cent in this fiscal. "Manufacturing sect...
Monsoon shows signs of revival
Pune: After a lull, the monsoon has shown signs of revival following a deep depression in Bay of Bengal leading to a wet spell in the eastern states. The advance of the monsoon i...
Oil & gas service providers unhappy with tax
: The existing provisions of the Income Tax Act, 1961, have given birth to such myriad interpretations that its practitioners are often left wondering that perhaps only Bhagwad G...
Finmin, RBI to finalise borrowing plan soon
New Delhi: Government and Reserve Bank of India officials will meet in 10-12 days to finalise the government's borrowing plan for the second half of the fiscal year ending Ma...
No stimulus exit strategy plan for now: FM
New Delhi: The Government is constantly reviewing the economic situation to decide until when the stimulus measures need to be continued and it is not desirable to plan the exit...
'Swiss topple US as most competitive economy'
New Delhi: Vibrant financial markets and a sound banking sector has helped Indian economy move up a notch to 49th place on the global competitive scale, while Switzerland has top...
Economic crisis far from over: UN
United Nations: Predicting a gloomy economic future, a top United Nations trade and development agency on Wednesday said the governments still have a long way to go to tide over...
No slippage in indirect tax collection: FM
New Delhi: The government today said there would be no slippage in indirect tax collection on account of drought nor is it considering any tax cuts. "I am not thinking of giving...
RBI to introduce 100 cr Rs 10 plastic notes
New Delhi: Soiled notes may soon be a thing of past with the Reserve Bank planning to introduce Rs 10 polymer banknotes whose life span would be 4 times the normal currency notes...
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