ET explains the role of CAG and the possible action the government can take on its reports.
The NSSO on Wednesday released the provisional findings of its 68th round capturing monthly consumption expenditure across India.
A spate of worker unrest and rising wages in China suggest that the country is very close to what economists call the ‘Lewis turning point’.
Reserve Bank governor D Subbarao has said India needs a new gauge of inflation — the producer price index.
The future trajectory of the index of industrial production (IIP) now more than ever crucially depends on what shape does the investment cycle takes in the coming months.
The govt is roping in economists from financial majors Nomura and Citi as well as industry bodies such as CII and FICCI to help create a new IIP.
Finance ministry tells banks with overseas presence like SBI, ICICI to arrange credit to boost shipments
Finmin has directed banks with substantial overseas presence to arrange credit for Indian exporters in a bid to halt a sharp slide in shipments.
India to benefit from concessional finance till 2014: Axel Van Trotsenburg, VP, Concessional Finance and Global Partnerships, World Bank
India is the largest beneficiary of concessional finance and will continue to be so till at least 2014, says Axel Van Trotsenburg, vice president, concessional finance and global partnerships at World Bank.
Govt has pledged $10 bn as its contribution towards IMF’s cash chest to tackle the European crisis. Does that mean that Indians will pay for the rescue of European countries?
Standard & Poor's has warned India that it could lose its investment grade credit rating in the coming months. So, should we pay heed, you might ask. The answer is yes.
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