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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
PM Modi accepts defeat on contentious land decree, will change law
Modi said on Sunday the government was ready to amend the proposed law and criticised the spreading of false rumours that made farmers afraid of the changes.
FinMin says no plan to take general insurance companies public
The new Insurance Act allows the government to disinvest its stake in five general insurance companies -- New India Assurance, United India Insurance, National Insurance, Oriental Insurance and sole reinsurer GIC Re.
Railways to procure sensor devices to detect defects on tracks
In order to prevent catastrophic damages to its assets, Railways is going for offshore procurement of high-powered sensor-based equipment, a first-of-its-kind for the public transporter, to detect defects on tracks and rolling stock.
NITI's CSS sub-group a divided house, to meet again on Sept 4
The sub-group will meet again on September 4 to iron out the differences and finalise its report, which will be submitted to the Prime Minister.
Cost of money has to come down to achieve 8-10% growth: Arun Jaitley
Jaitley added that stalled projects have to be expedited and they will lead 'Make in India' programme.
Suresh Prabhu invites foreign investment in manufacturing
Railway Minister Suresh Prabhu Saturday invited other countries to make India their base for manufacturing as the government would be investing USD 120 billion over the next five years to develop railway services.
MMTC floats tender for import of 10,000 tonnes of onion
State-owned MMTC has invited bids for import of 10,000 tonnes of onion from countries like Pakistan, Egypt, China and Afghanistan to boost domestic supply and check prices.
China slowdown won't hit India too much: Raghuram Rajan
Amidst the slowdown in China that is turning the global economy into a turmoil, the chief of RBI, Raghuram Rajan has said it won't hit India too much.
Centre needs to rationalise coal prices: Goyal
The Centre needs to rationalise the prices of certain grades of coal as per gross calorific value (GCV) but there is no need to align them to international rates, Union Coal and Power Minister Piyush Goyal said here on Friday.
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