Economy Related News

High oil prices could slow down economic growth, says Rangarajan

Inflation to come down to 6% in 3-4 months [...More]

Customs duty on imports under EPCG scheme cut to 3%

The Finance Ministry has reduced customs duty payable under the export promotion capital goods (EPCG) scheme from 5 per cent to 3 per cent [...More]

Inflation pinches, with a lag; revised nos way above estimates

Gap widening week-on-week; Chidambaram says more steps if needed [...More]

More steps on cards to ease inflation: Govt

A day after persuading steel cos to slash prices, the govt said more measures were in offing. [...More]

Commodity exchanges may lose Rs 600 crore a day

Futures trade in chana, soya oil, rubber, potato suspended for 4 months [...More]

Commodity inflation to continue on Indian demand

The demand for oil and raw materials will lead to continued surge in commodities prices globally [...More]

India to become 8th wealthiest place by 2017

India with its increasing number of millionaires is projected to be in the 8th position [...More]

India debt at 41.7% of GDP in FY08

India total debt was estimated at 19.57 trillion rupees or 41.7 percent of gross domestic product (GDP) [...More]

Slowdown could impact growth of logistics business

Freight forwarding industry would have to come to terms with the economic slowdown and rising fuel price by tightening operational efficiencies and higher volumes to prevent lower profit margins [...More]

Govt can take more measures to tame inflation: Montek

The country headline inflation is expected to moderate in the coming weeks and the Government can take more measures if prices are not contained [...More]