Search Results for: Cabinet

reserve-bank-of-india

Supreme Court Asks RBI to Amend Regulations on FDI

The Supreme Court on Monday asked the government to amend the existing rules of the Reserve Bank of India (RBI) on or before November 5 in order to pave way for the implementation of the recent economic policies. Oct 15, 2012
rupee

Indian Rupee Breaches 52-Level to Dollar

The rupee on Thursday breached 52 to the dollar, the highest in over five months, on hopes that an array of economic reforms taken up by the central government would boost the economic growth of the country. Oct 4, 2012
manmohan-singh-led-government-proposes-second-wave-of-fdi-reforms

UPA Proposes Second Wave of FDI Reforms to Fight Political Paralysis

The Indian government is set to push for a second round of big-ticket reforms on foreign direct investments (FDI) in the insurance and pension sectors, signalling the UPA's hope for a complete turnaround of the economy amid much opposition from political parties across the country. Oct 4, 2012
bombay-stock-exchange

Stock Market Crosses 19,000 Points on Reform Hopes

The sentiments among investors seem to have improved drastically following several steps taken by the government to revive the sinking economy, as the stock market touched a 15-month high on Thursday. The Sensex gained one percent to above 19,000 points for the first time since July 8, 2011, on hopes for additional fiscal and economic reforms. Oct 4, 2012
banerjee-and-singh

FDI, Diesel Price Hike: Is UPA Coalition Heading for Breakdown?

With Congress showing no sign of softening its stance on the big-ticket economic reforms, West Bengal Chief Minister Mamata Banerjee is all set to pull out Trinoomial Congress ministers from the UPA cabinet as her deadline ends on Tuesday. However, she would continue to back the Central government from the outside, said reports. Sep 17, 2012
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