Search Results for: FDI inflows

raghuram-rajan-addresses-a-news-conference-at-the-banks-headquarters-in-mumbai-reuters

Raghuram Rajan Takes Over RBI Chief Role with Inspired Confidence: Full Statement

Raghuram Rajan, who took charge on 4 September as the chief of India's Central Bank, is all set to target plunging rupee, bad bank loans and free up the bonds and currency markets to revive the current economic situation.

Sep 5, 2013

An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Battered Rupee Expected to Bounce Back; Rating Agencies Give Positive Outlook on Indian Currency

The Indian rupee that breached 65 to the dollar mark on Thursday created market panic with rumours floating that it would fall even further in the near future but latest reports suggested it would bounce back in a few months' time.

Aug 24, 2013

Indian Stocks Expected To Recover As Rupee Rebounds From Record Low

Indian stocks markets are expected to recover on Wednesday after plunging in the previous session as rupee rebounded from a record low against the dollar late Tuesday.

Aug 7, 2013

Andhra Pradesh Caretaker Chief Minister N Kiran Kumar Reddy

China to Invest $160 Billion in Andhra Pradesh

China is gunning for the top spot among the countries investing in India with the proposed $160 billion investment in Andhra Pradesh.

Jul 21, 2013

minister-for-commerce-and-industry-anand-sharma

India Seeks French Investment in Infrastructure, Transport and Energy Sectors

India on Tuesday sought investment support from France in infrastructure, transport high technology and energy sectors. Commerce and Industry minister Anand Sharma met his French counterpart Nicole Bricq and reiterated PM Manmohan Singh's plan to boost investor sentiment in these key industries.

Jul 10, 2013

Union Budget 2013-14: Full Text of Chidambaram's Speech in Parliament

Finance Minister P. Chidambaram presented Union Budget 2013-14 in Parliament on Thursday amid economic slowdown concerns with India's economic growth rate falling to 5 percent in the current fiscal year. Here is Full text of Chidambaram's Speech in Parliament.

Feb 28, 2013

women-shop-at-a-retail-supermarket-in-mumbai

FDI in Retail is Long Overdue, Game-Changer, Say Experts

Opposition parties and some of the partners of the UPA have tagged the economic policy of letting Foreign Direct Investment (FDI) into Indian markets mainly the retail sector as an anti-farmer and anti-public decision.

Sep 16, 2012

Rupee Sinks To Record Low; India's Finance Minister Pranab Mukherjee Says Austerity Needed

The rupee on Wednesday closed at a record low of 54.49 against the U.S. dollar, prompting calls for quick government measures to curb volatility.

May 16, 2012

Indian Economic Survey 2012-13: Summary

Indian economy is estimated to grow by 6.9% in 2011-12 mainly due to weakening industrial growth. This indicates a slowdown compared not just to the previous two years, when the economy grew by 8.4%, but also from 2003 to 2011, except 2008-9 economic downturn, when the growth rate was 6.7 percent.

Mar 15, 2012

Volatility in Global Financial Markets Likely to Tighten Availability and Cost of Foreign Funding

Given the weak global economic prospects and continuing uncertainties in the international financial markets, the availability and cost of foreign funding for banks and corporate is likely to be negatively impacted, said Indian Finance Minister, Pranab Mukherjee in Lok Sabha Thursday.