2014年11月28日 星期五

2014-11-29 India Business

  Daily News & Analysis   
GDP grows 5.3% in Q2 as services, mining hold fort  Daily News & Analysis
The Indian economy grew 5.3% during the July-September quarter, marginally better than market expectations of 5.1%. The improvement in the gross domestic product (GDP) was largely due to growth in services, mining, power and construction activities.
GDP growth rate slows down but markets unfazed   Free Press Journal
Growth slows to 5.3% in Q2   Times of India
Farm, services save the day; GDP growth at 5.3 pct in Q2   Financial Express
Indian Express   
NDTV   
all 193 news articles »   

  Calcutta Telegraph   
Gold import rule rejig stuns all  Calcutta Telegraph
Mumbai, Nov. 28: The Reserve Bank today eased the restrictions on gold imports by scrapping the 80:20 scheme, which stipulated that at least 20 per cent of the imported metal should be exported. The move is expected to bring down the price of the precious ...

Gold import curbs eased, 80:20 scheme scrapped   Times of India
India eases gold import rule in surprise move   Reuters
Govt scraps 20:80 gold import scheme   Indian Express
Gold Investing News   
Livemint   
all 93 news articles »   

  Moneycontrol.com   
National interest, energy security more important than procedures: CAG  Economic Times
NEW DELHI: The national auditor, in a clear departure from its past stance, has asked the oil ministry to let national interest and energy security determine its approach towards commercial discoveries instead of niggling with procedural issues and sought ...

CAG drills hole in RIL gas cost claim   Calcutta Telegraph
RIL can't get back $970 million invested in KG-D6, CAG says   Times of India
Disallow $970 mn of Reliance Industries' KG-D6 cost recovery: CAG   Financial Express
Deccan Chronicle   
Hindustan Times   
Livemint   
all 33 news articles »   

  Business Today   
CAG trashes SEZ policy as huge tracts of land diverted to realty projects  Business Today
The Comptroller and Auditor General of India (CAG) has trashed the Special Economic Zones (SEZs) Policy as it has ended up diverting huge tracts of land acquired for setting up manufacturing facilities and generating jobs to real estate projects for making a ...

Finance ministry refuses to end Mat, ddt on sezs   Deccan Chronicle
'SEZs fail to have any major impact on growth'   Times of India
Units in SEZ face higher taxes compared to units outside: CAG   Economic Times
Indian Express   
Hindu Business Line   
Business Standard   
all 27 news articles »   

  Business Today   
Can sliding oil prices help change RBI governor Raghuram Rajan's mind on ...  Economic Times
MUMBAI: Can OPEC succeed where two finance ministers and years of corporate lobbying could not — persuade RBI to cut rates? The Organisation of Petroleum Exporting Countries decided not to impose any limits on the amount of crude being pumped ...

Inflation-focused RBI may not oblige rate cut   Daily News & Analysis
MY BIZ: Economic growth slows to 5.3%, putting pressure on RBI to cut rates   Daily Mail
We can't ignore the external ripple effects   Hindustan Times
Bloomberg   
all 83 news articles »   

  Daily News & Analysis   
Sahara not doing enough to sell properties: Supreme Court; group says it's trying ...  Daily News & Analysis
Sahara Group chief Subrata Roy seems to be "very comfortable" in jail and not making any effort to sell his offshore properties to meet out to bail condition of Rs 10,000 crore, the Supreme Court on Friday said after Roy came with a fresh plea for permission to ...

Sahara looks to raise loan worth US $650 million to fund Subrata Roy's bail   Business Today
As Sahara raises loans, prospect of Roy's release brightens   Times of India
Sahara seeks SC's nod on money transfer   The Hindu
Business Standard   
Livemint   
Hindustan Times   
all 41 news articles »   

  Moneycontrol.com   
April-October fiscal deficit 90% of full-year Budget target  Times of India
NEW DELHI: Fiscal deficit touched 89.6% of the Budget estimates for 2014-15 to cross Rs 4.75 lakh crore at the end of October. During the same period of the 2013-14 fiscal, the deficit was at 84.4% of the estimate. Net tax receipts in the first seven months ...

April-October 2014-15 fiscal deficit reaches 89% of BE   Business Standard
April-Oct Fiscal Deficit Nears 90% of FY15 Target   The New Indian Express
India's April-October fiscal deficit nears 90% of full-year target   Kashmir Reader
Press Trust of India   
all 25 news articles »   

  Calcutta Telegraph   
Govt to cut stakes in banks  Calcutta Telegraph
New Delhi, Nov. 28: The government plans to earn about Rs 89,120 crore by selling stakes in state-run banks. Minister of state for finance Jayant Sinha told the Lok Sabha that the government was "considering" to bring down its equity in state-owned banks to ...

Centre may cut stake in public sector banks to 52%   Business Standard
Centre to sell stake in PSBs   The Asian Age
India plans to reduce stakes in state lenders   Financial Times
Gulf Times   
NDTV   
all 78 news articles »   

  Business Today   
Aroon Purie praises PM Narendra Modi's ability to raise business sentiment  Business Today
The Indian economy is at a tipping point where it is slowly turning around after several dismal years, Aroon Purie, Chairman of the India Today Group, said on Friday at Business Today's second edition of MindRush conclave of the country's top corporate ...


and more »   

  NDTV   
Gold loan firms eye small finance banking segment  Times of India
CHENNAI: Gilt lenders are keenly studying Thursday's RBI guidelines on small finance banks and several of them could soon apply for licenses for small banks. "On the liabilities side, companies like us have a huge branch network and are well positioned to ...

SREI, Shriram, L and T Fin Among Firms to Bid for Bank Licence   The New Indian Express
L&T Finance, Muthoot evince interest for banking licence   Deccan Herald

all 11 news articles »   

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