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Nov 24, 2009
 
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  Amartya Sen says happiness important for growth (24 November 02:27)
Levels of happiness could help shape economic policy in the industrialised world in the same way such factors have gained prominence in developing countries, said economics Nobel laureate Am...
  Opposition to meet farm minister on cane price (23 November 10:11)
Opposition parties will meet Farm Minister Sharad Pawar on Tuesday to sort out procedural differences on sugarcane pricing issue, a top opposition leader said.
  IMF chief says global economy in holding pattern (23 November 09:04)
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said on Monday, adding a lasting recovery will depend on policymakers taking the proper steps ...
  India on recovery trail but challenges loom Study (23 November 06:09)
India evaded the eye of the storm that sucked the global economy into the worst downturn since the Great Depression, and has emerged, along with China, as a leader of the nascent worldwide r...
  How to invest in gold and key price drivers (23 November 04:05)
Gold defied a rebound in the dollar on Monday to power to a record high of USD 1,161.80 on safehaven buying, driven by growing worries about inflation and a drop in US stocks that stirred do...
  How to invest in gold (23 November 04:05)
Gold defied a rebound in the dollar on Monday to power to a record high of USD 1,161.80 on safehaven buying, driven by growing worries about inflation and a drop in US stocks that stirred do...
  Govt plans rice reserve sale in local markets (21 November 10:07)
India, the world's second biggest rice grower, plans to sell the grain in local markets from reserves to douse fears of shortage caused by the worst monsoon in three decades, Farm Minister ...
  RBIs new forex derivative rule too liberal say experts (21 November 08:41)
The Reserve Bank of India (RBI) has announced draft rules for foreign exchange (forex) derivatives. The majority opinion from bankers, corporates and RBI insiders is that the RBI has been li...
  RBIs new forex norms liberal Experts (21 November 08:41)
Consultants AV Rajwade and K Chandrashekar discuss RBI's new forex derivative rule.
  Interest rates may remain flat till May 10 Deepak Parekh (21 November 05:37)
Economists around the world have been apprehensive of how the dollar carry trade is driving up asset classes around the world and whether emerging economies like India need to impose any kin...
  Need Rs 2L cr worth of road work in progress Kamal Nath (21 November 03:05)
With Union Road Transport Highways Minister Kamal Nath infusing a new sense of purpose in the Indian road development programme, the focus has been on making the policy regime more flexible...
  Road sector a good parking lot for investments (21 November 03:05)
Union Road Transport and Highways Minister Kamal Nath believes that as long as India remains a good investment destination and in that destination a good parking lot will be the road sector.
  India has seen major eco reforms but why are they so slow (21 November 12:15)
Mass protests by sugarcane farmers backed by political opposition parties forced the parliament to adjourn for a second day on Friday, a major headache for the ruling Congress party.
  Indias FX reserves at $286376 bn as on Nov 13 (20 November 11:30)
India's foreign exchange reserves rose to USD 286.376 billion as on Nov. 13, from USD 285.414 billion a week earlier, the Reserve Bank said in its weekly statistical supplement on Friday.
  Govt has no roadmap to exit stimulus says junior FM (20 November 09:38)
The government has not yet chalked out a roadmap to withdraw stimulus in the first half of 2010, the junior finance Minister said on Friday in a written reply to a question in parliament.
  Govt to change new sugarcane pricing rule Minister (20 November 09:32)
The government has agreed to change a new sugarcane pricing rule, Railways Minister Mamata Banerjee told reporters after a meeting of senior government ministers on Friday.
  Govt wont tax capital inflows Ahluwalia (20 November 08:49)
India is not considering imposing a tax to curb an influx in overseas funds, and indeed wants an increase in inflows, the deputy chairman of the government's planning commission said on Fr...
  SP Tulsian terms FRP as an illconcieved move (20 November 08:04)
In an interview with CNBCTV18, Jonathan Kingsman, Managing Director of Kingsman SA, Investment Advisor SP Tulsian and Narendra Murukumbi of Shree Renuka Sugars, spoke about how the sugar com...
  Ahluwalia says not looking at tax on inflows (20 November 05:04)
India is not considering imposing a tax to curb capital inflows, and wants the inflows to rise a little more, the Deputy Chairman of the government's planning commission told Reuters on Fri...
  Parliament nod unlikely for insurance bill (20 November 12:04)
A bill to reform the insurance sector is unlikely to be cleared by the parliament's winter session, a finance ministry official said on Thursday.
  OECD raises India 2010 GDP growth forecast (19 November 10:06)
Following is a summary of what the Parisbased Organisation for Economic Cooperation and Development had to say about nonmembers Brazil, India, China and Russia in its semiannual Economic Out...
  Power Fin in pact with 3 staterun cos for equal JV (19 November 10:06)
Power Finance Corporation in pact with 3 staterun cos for equal JV.
  No proposal to raise fuel prices Oil secy (19 November 09:01)
The government has no immediate plan to raise fuel prices, Oil Secretary RS Pandey said on Thursday.
  Sugarcane issue to dominate winter sessionRajdeep Sardesai (19 November 07:04)
Rajdeep Sardesai, EditorinChief of CNNIBN, says pension bill will be something to look out for this session.
  Food price index up 1455 YoY as on Nov 7 (19 November 06:46)
The food price index was up 14.55% in the 12 months to November 7, while the fuel index was down 1.51%, the government said on Thursday.
  Not planning quota on external borrowing Govt (19 November 05:12)
The government is not looking at putting a quota on external commercial borrowings (ECBs) by corporates, Finance Secretary Ashok Chawla said on Thursday.
  RBI should be cautious on exit policy Uday Kotak (19 November 03:31)
Uday Kotak Vice Chairman and Managing Director of Kotak Mahindra Bank spoke about his reading of the market and his outlook.
  Parliament to debate financial reform bills (19 November 01:08)
The Parliament will begin debating on Thursday closely watched financial reforms, including further opening up the insurance sector, a junior minister said on Wednesday.
  Govt says has tools to manage heavy inflows (18 November 10:56)
India would have the tools ready to deal with an influx of foreign capital inflows if they become disruptive, Finance Minister Pranab Mukherjee told reporters on Wednesday.
  Govt approves 17 FDI proposals worth Rs 1159cr (18 November 09:13)
The Foreign Investment Promotion Board has rejected a proposal by the Jaipur IPL Cricket Pvt to induct 100% foreign equity by issuing shares for a noncash consideration.
  Extended trading hrs viable for Indian mkts ICICI Sec (18 November 09:08)
In an interview with CNBCTV18, Madhabi Puri Buch, Managing Director and Chief Executive Officer of ICICI Securities, spoke about inflation, flow of foreign currency convertible bonds (FCCBs)...
  IPO funding seen hit by unsecured lending curb (18 November 07:31)
A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned by the Reserve Bank's move to curb unregulated lending, potentially crimping funding for a ...
  Govt not worried about rise in capital inflows (18 November 06:47)
Govt not worried about rise in capital inflows
  Europe wont fight over bananas anymore (18 November 05:10)
An end to the world's longestrunning trade dispute, involving bananas, is in sight and could lead to lower prices for shoppers in Europe.
  Mauritius becomes latest nation to buy gold (18 November 04:30)
Mauritius has become the latest nation to buy gold from the International Monetary Fund, purchasing two tonnes of the precious metal.
  IEA says not much actual oil demand recovery in OECD (17 November 05:45)
The International Energy Agency has (IEA) not seen much recovery in actual oil demand in OECD countries and the pace of global recovery may not justify OPEC raising output at its next meetin...
  RBI survey of analysts sees FY10 GDP at 6 (17 November 05:44)
Economists and analysts surveyed by the Reserve Bank of India (RBI) revised downwards India's gross domestic product projection to 6.0% for 2009/10 from 6.5% in the previous round of survey...
  Poor infrastructure corruption weigh on Indian economy (17 November 03:59)
Poor infrastructure, regulation, and corruption hinder business and economic growth in India, although the country is showing willingness to address shortcomings, a top official with the Wor...
  BoA Merrill Lynch ups India FY10 growth forecast to 62 (17 November 02:53)
Bank of America Merrill Lynch today raised its forecast on India's economic growth in the current financial year ending March to 6.2% from 5.8% projected earlier on account of fasterthanexp...
  India puts nuclear plants on alert (17 November 02:50)
India has put its nuclear power plants under alert and tightened security around them after intelligence about possible attacks, a report said on Monday.
  Rich and bored with bonds Buy into a bridge (17 November 02:37)
The super rich are fast realising that bets on bridges and wind mills can provide steady longterm returns and offer them an alternative that's safer than equity and often more exciting than...
  BSNL listing a good idea says Arun Shourie (16 November 06:32)
In the last couple of weeks a lot of public sector undertaking (PSU) stocks have done very well. Whichever seemed to the market like a possible disinvestment candidate has gone up anywhere b...
  Global recovery to remain slow RBI (16 November 02:15)
Shyamala Gopinath, Deputy Governor, Reserve Bank of India, says the current global recovery is likely to remain slow and gradual with significant downside risks. Inspite of signs of reversal...
  Bill Gates Warren Buffett on surviving the fin crisis (15 November 06:24)
Despite the financial crisis, former Bill Gates, Chairman, Microsoft, and Warren Bufffett, Chairman, Berkshire Hathaway, say America's economic future remains robust.
  Watchtowers CCTV to keep an eye on the Taj Mahal (15 November 05:46)
Watchtowers and closecircuit televisions will help secure the Taj Mahal, one of the world's most visited monuments, as the busy tourist season begins in India, a senior police officer said.
  Obama warns of more crises if imbalances persist (15 November 04:15)
US President Barack Obama said on Sunday the world economy was on a path to recovery but warned that failure to rebalance the global economic system would lead to further crises.
  See 67 GDP growth in FY10 Pranab Mukherjee (15 November 01:41)
The economy could expand between 6% and 7% in the year to March 2010, despite a bad monsoon, the finance minister said on Saturday.
  Steel output seen at 60 mn tonne in FY10 (14 November 10:08)
Steel production in India is likely to be about 60 million tonnes in the financial year ending March 2010, up from 56.39 million tonnes in the previous year, Virbhadra Singh, Minister of Ste...
  Is RBI behind the curve on rates (14 November 08:28)
Professor Eswar Prasad, Senior Professor of Trade Policy at Cornell University, says the Reserve Bank has done the right thing by not raising rates. The central bank, he added, is using prud...
  Inflation posing risk of running out of hand Prof Prasad (14 November 08:28)
Professor Eswar Prasad, Senior Professor of Trade Policy at Cornell University, says the Reserve Bank has done the right thing by not raising rates. The central bank, he added, is using prud...
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