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Economy
GDP growth to exceed 7.5% this fiscal: Govt
The Indian economy expanded by 7 per cent in the first quarter (April-June) of current fiscal. In last fiscal, the GDP growth was 7.3 per cent.
Latest News
Morgan Stanley revises FY16 growth outlook to 7.5% from 7.9%
The Indian economy is expected to clock a 7.5 percent GDP growth in this fiscal year, slightly lower than the previous estimate of 7.9 percent largely because of bad weather and weak external demand, Morgan Stanley said in a report.
PM voices concern over high airfares during festive seasons
Prime Minister Narendra Modi has expressed concern over steep rise in airfares during festive seasons, following which the Civil Aviation Ministry is looking at ways to curb such instances.
India's 2015-16 GDP growth still seen at around 8%: Subramanian
The Indian economy is still expected to grow around 8 percent in the fiscal year to March 2016, said the chief economic adviser at the finance ministry on Tuesday.
Govt to auction 69 oil and gas fields of ONGC, OIL worth Rs 70,000 crore
The fields hold 89 million tonne of oil and gas resources which are worth Rs 70,000 crore at current prices.
Cabinet approves reimbursement to 4 government agencies for import of pulses
The Union Cabinet on Wednesday cleared reimbursement of Rs 113 crore of losses on pulses imported between 2006-11 by four government agencies.
Dearness Allowance hike: Union cabinet meeting underway
Government in April hiked dearness allowance by 6 percent to 113 percent of the central government employees and pensioners' basic pay with effect from January.
FDI in railways: GE, Alstom ahead in race for bagging loco projects in Bihar
GE and Alstom are believed to be ahead of other bidders in the race to bag contracts for the setting up of multi-crore diesel and electric locomotive factories in Bihar that are among the top eight infrastructure initiatives which are being monitored by the PMO.
India's oil exploration off Vietnam 'illegal': Chinese daily
Terming India's plans to conduct oil exploration off Vietnam coast in the South China Sea as "illegal", a state-run Chinese daily Tuesday said it is an "unwise move" that may "sabotage" positive momentum in ties.
DIPP may announce states' ranking on ease of doing biz this week
The Department of Industrial Policy and Promotion (DIPP) is expected to release the ranking of states on 'ease of doing business' this week.
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