Despite headline inflation at 6.84%, with food inflation in double digit, the Reserve Bank of India (RBI) preferred to go with the market expectations and cut the policy repo rate under the...

India's Finance Minister P Chidambaram presenting the Union Budget for FY14 in the Parliament today underlined the need for increasing the Tax GDP ratio. With an aim to achieve the 2007-08 high of...

Taking a defensive stance in rough pitch, Chidambaram said that there is little room to give away tax revenues or raise tax rates in a constrained economy. "I am afraid" he said adding that there...

In a comfort to India's central bank, the country's headline inflation, based on wholesale price index (WPI), eased marginally in January as the latest data showed that inflation surged 6.62% on...

India\'s Central Statistics Office projection of less than 5% GDP growth for 2012-13 might have some substance, as industrial production continues to be in decimals. Latest index of...

The Reserve Bank of India (RBI) on Tuesday announced the much anticipated policy rate cut of 25 basis points and reduction of the cash reserve ratio (CRR) of scheduled banks by 25 basis points.<...

Just a day before the much awaited and hyped policy rate cut, the central bank of India on Monday revised the country's Gross Domestic Product (GDP) for FY13 downward to 5.5% as against the...

India\'s headline inflation, based on wholesale price index (WPI), continued to remain above the central bank\'s comfort zone in December as the latest data showed that inflation surged to 7...

After showing robust recovery in industrial production in month of October, India's industrial output contracted by 0.1% on-year in November, the index of industrial production (IIP) data released...

According to industry body the Society of Indian Automobile Manufacturers (SIAM) estimates car sales in fiscal 2012-13, ending March 2013, would be around 0-1% on-year. SIAM revised its growth...

After a sluggish industrial activity in past six-months, India\'s manufacturing activity started showing some strength in December as the HSBC Markit India Manufacturing PMI data surged to 54.7...

Say it rebound on investor sentiment or relatively weaker sentiment in other parts of the world, India\'s foreign direct investment (FDI) inflows surged 67% in October to $1.94 billion,...

The GSM subscriber base in India declined by 1.34% or 9.38 million subscriber in November to 663.78 million, the data released by the Cellular Operators Association of India (COAI) showed Tuesday.<...

In a shock to liquidity thirsty market, India's central bank Reserve Bank of India (RBI) kept its repo rate and cash reserve ratio (CRR) unchanged at 8% and 4.25% respectively as inflation,...

The economy of Asia's third largest economy, India would expand at much lower rate of 5.7-5.9% in fiscal 2012-13 than 7.6% projected earlier, according to a mid-year economic analysis report...

India's headline inflation, based on wholesale price index (WPI),continued to remain above the central bank's comfort zone in November as the latest data showed that inflation surged 7.24% on...