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Slower-than-expected April-June growth boosts rate cut calls Slower-than-expected April-June growth boosts rate cut calls Many government officials in New Delhi had been talking of taking the baton of global growth in the wake of a deepening economic crisis in China.
Indian consumers offer a ray of hope after glum economic data Indian consumers offer a ray of hope after glum economic data A financial analyst, she recently received a pay rise, is eating out more often and has stopped bringing home-cooked meals to the office in a tiffin, the traditional Indian lunchbox.
Chinese slowdown opportunity for India: CEA Chinese slowdown opportunity for India: CEA The slowdown in China is a historic opportunity to relaunch growth in India, Chief Economic Adviser Arvind Subramanian said Monday.
Ease of doing biz: Cos bat for single-window clearance Ease of doing biz: Cos bat for single-window clearance Top companies, including Tata Steel, Hindustan Unilever, ONGC and industry chambers have called for a single window clearance, simplification of regulatory mechanisms and tax structures, among others, to improve ease of doing business in India.
FDI in railways: Three global cos bid for setting up loco factory FDI in railways: Three global cos bid for setting up loco factory Marking first major FDI offer in the railways, three global companies have submitted financial bids for setting up of a modern electrical locomotive factory in Madhepura in Bihar at the cost of nearly Rs 1300 crore.
Post GDP data, India Inc presses for cheaper capital Post GDP data, India Inc presses for cheaper capital With economic growth slowing to 7 percent in the April-June quarter, India Inc said on Monday the subdued performance indicates that the cost of capital needs to come down, demanding a rate cut by RBI.
Counterfeit goods real challenge to 'Make in India': Report Counterfeit goods real challenge to 'Make in India': Report Production of low-quality counterfeit goods has the potential to significantly undermine the 'Make in India' programme that seeks to establish the country as a global manufacturing hub, a report has said.
Petrol price cut by Rs 2 per litre; diesel by Rs 0.50 Petrol price cut by Rs 2 per litre; diesel by Rs 0.50 Petrol price was Monday cut by Rs 2 per litre and diesel by Rs 0.50 a litre, the third reduction in rates this month on fall in global oil rates.
India seeks SoftBank push for Modi's solar goal India seeks SoftBank push for Modi's solar goal India has closed bids for a third of its target of tendering 15,000 megawatts (MW) of solar projects this fiscal year, a government official said, and is expecting interest from investors such as SoftBank to lift the industry.
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