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Finance Secretary highlights need to instill confidence in investors to boost economic growth

New Delhi, June 24 (ANI): Finance Secretary, Arvind Mayaram, on Tuesday laid emphasis on the need to boost investors' confidence to bring the country back on the path of growth and to spur economic expansion to its potential level. India will likely raise the foreign investment limit in government debt soon, as almost all the allocation has already been taken up as overseas buyers pile into the country's financial markets. The finance ministry will decide on the matter after consultations with the Reserve Bank of India and capital markets regulator Securities and Exchange Board of India. Mayaram said he is hopeful that the government would take adequate steps to boost overall growth rate. Jun 24, 2014
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Budget Session: What to Expect

The Budget session that will kick off on July 7 is anticipated to hold both, 'bitter pills' as well as positive announcements. Here is a list of the probable positives that may come out of the session. Jun 24, 2014
india-reintroduces-onion-export-price-to-help-curb-inflation

India reintroduces onion export price to help curb inflation

New Delhi/Chandigarh, June 18 (ANI): India on Tuesday set a minimum export price for onions of $300 per tonne to discourage overseas shipments amid an inflation scare that threatens to stoke public anger over rising prices at local food markets. Prime Minister Narendra Modi has made tackling inflation as his top priority after widespread resentment about rising prices contributed to the exit of the previous government last month. After wholesale price inflation accelerated to a five-month high in May, the new government imposed the price rule on onions three months after the previous administration withdrew it. After a meeting with the representatives of various ministries on Tuesday, he said certain measures have been advised to the states to crackdown on hoarders. Meanwhile, to help the farmers he added that government had advised states to de-list fruits and vegetables so that farmers can save on the middle man's commission. Jun 18, 2014
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