India allows FDI in multi-brand retail
NEW DELHI: Just a day after announcing the steepest ever hike in diesel price, the government Friday took another politically contentious decision of allowing overseas investments in multi-brand retail.
View ArticleIndian stock markets to remain closed Wed
MUMBAI: Indian equities markets will remain closed Wednesday on account of the Ganesh Chaturthi festival.
View Article'States have prerogative not to allow FDI'
NEW DELHI: Amid growing protests against its decision to allow foreign direct investment (FDI) in multi-brand retail, the government Tuesday said the implementation of the policy remained a prerogative...
View ArticleNow FDI in insurance, pension
NEW DELHI: Economic reforms in India received a further push Thursday, with the cabinet approving legislative changes that will allow up to 49 percent foreign equity in pension sector and hike such...
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Tech glitch in NSE, reform worries pull down Sensex below 19K
MUMBAI: A flash 900-point crash in NSE Nifty index for a brief period this morning and concerns over the fate of big-ticket reforms like raising the FDI cap in insurance, cut short a four-day rally in...
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High interest rates hurt everyone, says Chidambaram
TOKYO: The Reserve Bank and the government must work in tandem to bring down interest rates, Finance Minister P Chidambaram said, while emphasising that high rates hurt everyone.
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Govt to take more steps to turnaround economy, says FM
NEW DELHI: Finance Minister P Chidambaram today said the government will take some more steps in the next few weeks to revive the economy and boost investment sentiments.
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Inflation declines to 7.24% due to lower vegetable prices
New Delhi: Inflation declined to 7.
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We will alter policies to accelerate growth: PM
NEW DELHI: Pledging to alter the policy environment to accelerate economic growth, Prime Minister Manmohan Singh today promised to address concerns on GAAR and taxation of the IT sector along with...
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