Economy News, Latest economy news India, Indian Economy features, Personal Finance, Stock Markets, BSE, NSE, Indian Economy News, politics, indian political parties, government policies
Business Today
Economy and Politics

A Cabinet note on the equity infusion proposal to support AI and BSNL has already been circulated among the key economic ministries, including finance.

 
 
In the current year, indirect tax collections during April-November constitute 66.3 per cent of the overall target of Rs 3.13 lakh crore fixed for 2010-11.
The government on Tuesday decided to increase the price of petrol by Rs 2.96 per litre.
Continuing with its trend towards moderation, inflation declined to 7.48 per cent in November, mainly boosted by lowering of pressure on certain food items.
India will be seeking greater market access for its manufactured goods in China to help bring down the huge trade deficit with its fastgrowing Asian neighbour.
Parliament could function barely for a few hours during the 23 sittings which began on November 9, as the united Opposition forced adjournments everyday.
 
 
Demand for dollar from importers also kept the pressure on the Indian currency. The rupee had ended 20 paise higher at Rs 44.94/95 in the previous session.
Mukherjee's comment came after the latest government data released on Tuesday showed inflation declining to 7.48 per cent in November, on lowering of food prices.
According to data released by Sebi, initial public offers and rights issues raked in a whopping Rs 19,109.7 crore in October - a four-fold jump from September.
The panel would be finalising its report based on the feedback in response to a discussion paper issued by the Department of Industrial Policy and Promotion.
Forex dealers said dollar gains against other major currencies and demand from importers put pressure on the rupee. A better opening in the market capped its losses.
The surge in capital flows, according to the Mid-Year Analysis prepared by the Finance Ministry, is fueling stock markets and putting pressure on rupee.
Advertisement