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Delhi third in terms of per capita income, Chandigarh first

The per capita income in Delhi saw an increase of Rs 8,452 over 2006-07 figures at current prices. World's top 20 countries | India's Top 10 cities in terms of devt

Posted by ealigam

Govt to borrow more from mkt in H1 of 2010/11

The government will raise by September more than half of its record $100 billion planned borrowing for the financial year that begins on April 1.

Posted by ealigam

Govt to borrow more from mkt in H1 of 2010/11

The government will raise by September more than half of its record $100 billion planned borrowing for the financial year that begins on April 1.

Posted by ealigam

PSBs should raise money from markets: Montek

Pitching for banking sector reforms, Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday said PSU banks should look at stock markets to raise money to meet their capital adequacy norms and fund future growth.

Posted by ealigam

RBI seen raising rates in April

The Reserve Bank of India is widely expected to increase short-term interest rates at its policy review in April and a slight majority of analysts surveyed also see it further increasing banks' reserve requirements.

Posted by ealigam

GST will bring down cost of most goods: Govt

The government on Tuesday said the prices of most goods will declined with the implementation of the Goods and Services Tax (GST).

Posted by ealigam

Orissa targets 9% growth in 11th Five year plan

The Eleventh Five-Year Plan has envisaged a growth rate of 9% in the Orissa with a projected outlay of Rs 32,225 crore during the period, according to Governor Murlidhar Chandrakant Bhandare.

Posted by ealigam

Orissa targets 9% growth in 11th Five year plan

The Eleventh Five-Year Plan has envisaged a growth rate of 9% in the Orissa with a projected outlay of Rs 32,225 crore during the period, according to Governor Murlidhar Chandrakant Bhandare.

Posted by ealigam

Inflation will ease by April: Basu

Chief Economic Advisor Kaushik Basu on Tuesday said inflation would cool down by April due to good agricultural production.

Posted by ealigam

Finmin, RBI to meet end March on FY11 borrowing

The Reserve Bank of India (RBI) and finance ministry officials will meet in end-March to decide on the government's borrowing plan for the fiscal year 2010/11, a senior official said on Tuesday.

Posted by ealigam

Oil falls from 8-wk high on US stock build forecast

Oil slid on Tuesday as forecasts for growing US crude inventories tempered bullish sentiment about the global economic recovery.

Posted by ealigam

GVK to invest Rs 40-45 bn in BIAL: Report

GVK Power and Infrastructure Ltd will invest 40-45 billion rupees to modernise and expand the Bangalore International Airport Ltd (BIAL), a media report said on Tuesday, citing the company's chairman.

Posted by ealigam

GVK to invest Rs 40-45 bn in BIAL: Report

GVK Power and Infrastructure Ltd will invest 40-45 billion rupees to modernise and expand the Bangalore International Airport Ltd (BIAL), a media report said on Tuesday, citing the company's chairman.

Posted by ealigam

Inflation seen moderating: Subbarao

Inflation in India should moderate in the coming months and the central bank will ensure interest rate levels do not have a negative impact on the competitiveness of the economy, RBI Governor Duvvuri Subbarao said.

Posted by ealigam

Oil touches 8-week high over $82 on optimism

Oil rose touching an eight-week high in choppy trade as economic optimism outweighed the stronger dollar.

Posted by ealigam