business and finance

The business of leisure

Call of Duty has a typically complex revenue structure for massive multiplayer video




business and finance

The inevitability of classical economics

What we came to regard as 'the normal' was anything but normal because the state, like nature, wasn't in the business of compassion and equity




business and finance

Inside a bookstore

Is it possible to compartmentalise one's life in such a neat way that religious beliefs and professional priorities do not clash at all?




business and finance

MP will need Rs 1 trillion to reboot economy: Shivraj Singh Chouhan

Chouhan said that the farm loan waiver scheme of the previous Kamal Nath government was a "trick of phantasm", indicating that his government could review it




business and finance

Covid-19 impact: State govts likely to raise more money using bonds

According to the Reserve Bank of India (RBI) data, state governments' gross market borrowings stood at Rs 6.08 trillion in 2019-20, up from Rs 4.78 trillion in 2018-19.




business and finance

Covid-19: David Warner doesn't think T20 World Cup can go ahead as planned

The ICC T20 World Cup is slated to be held in Australia in October-November this year




business and finance

Sachin Tendulkar recalls 'special stint' with Yorkshire county in 1992

As India continues its fight against the coronavirus pandemic, Tendulkar made a donation to a Mumbai based non-profit organisation to aid 4,000 underprivileged people, including children




business and finance

Virat Kohli reveals his favourite cricket moment apart from 2011 WC final

Kohli, the current India skipper, also admitted the "magical" atmosphere will be missing if the cricket season currently stalled by the Covid-19 pandemic resumes in empty stadiums.




business and finance

India needs to subdue Warner, Smith for its success in Aus: Ian Chappell

Australia will welcome Virat Kohli's troops in the latest edition of Border-Gavaskar Trophy which is currently scheduled to begin in November




business and finance

Coronavirus: Warner terms Aus vs NZ ODI match without spectators 'bizzare'

Australia played against New Zealand in an ODI without spectators on March 13, which till date stands as the last international cricket match before Covid-19 pandemic suspended cricketing action




business and finance

Economic Survey 2013: HIGHLIGHTS

The Economic Survey 2013 says that foreign exchange reserves were steady at $295.6 billion at December 2012 end. Fiscal deficit may be at 5.3%, possible that Chidambadarm may bring it down to 5.2%, committed to controlling fiscal deficit. Food ...




business and finance

Eco Survey predicts higher growth for next year

The pre-Budget Economic Survey for 2012-13, tabled in Parliament today, has projected a turnaround in the economy in 2013-14, with growth expected to be in the range of 6.1 to 6.7 per cent, up from the advance estimates of five per cent growth in ...




business and finance

Subsidy should be slashed: Economic Survey

Claiming that the "downturn is more or less over", the pre-Budget Economic Survey today projected an optimistic 6.1 to 6.7% growth in the next fiscal and made a strong call for cutting subsidises




business and finance

High crude prices push up subsidy bill: Survey

Even as Finance Minister pulls out all the stops to narrow high fiscal deficit, the subsidy bill will overshoot the target of Rs 1.79 lakh crore in this financial year due to higher crude oil prices




business and finance

Easy money policy by rich nations could fuel inflation: Survey

Easy money policy of major developed and developing nations could aggravate inflationary expectations in India, cautioned Economic Survey for 2012-13




business and finance

Eco survey: Small shops giving competition to big retailers

Traditional retailers are giving strong competition to organised retailers and the decision to permit foreign retailers to open stores in the country will not affect small players in India, the government said today.




business and finance

Survey against hike in tax rates; calls for widening base

Amid debate over imposing higher taxes on super-rich, the Economic Survey today said efforts should be made to raise revenue by widening tax base and not by increasing the rates




business and finance

Eco Survey pegs growth at 6.1-6.7%

A year after India's economic growth is headed to a record ten-year low growth of 5% in 2012-13, economic advisers in the Finance Ministry expect the economy to recover to 6.1-6.7% in 2013-14.




business and finance

Economic Survey: Banks open 40,000 ultra-small branches

Indian banks have set up over 40,000 ultra-small branches across the country to drive financial inclusion in un-banked and under-banked centres, according to the Economic Survey for 2012-13.




business and finance

India suffered peak power shortage of 9% in 2007-12: eco survey

India witnessed a peak power shortage of 9% during the five years ending 2012 when over 50,000 MW new generation capacity was created, Economic Survey said today.




business and finance

Indian firms raised Rs 2.81 lakh cr in Apr-Dec 2012: eco survey

Indian companies raised a total of Rs 2.81 lakh crore in fresh capital from equity and debt markets in the April-December period of 2012.




business and finance

Price support shouldn't be the only way to incentivise farming: Survey

As the government battles to keep food inflation within manageable limits, the annual Economic Survey of the Finance ministry said that existing price support mechanism, should not be the sold tool to incentivize farming, but instead methods other ...




business and finance

Eco Survey silent on open access to consumers

Open access to consumers especially for 1 Mw and above is yet to take off on a large scale. However, the Economic Survey is completely silent on this aspect, though it does mention that open access at the inter-state level is now fully functional.




business and finance

WPI Inflation to ease further in coming months: Survey

Despite the Wholesale and retail Inflation moving in opposite directions, the government today exuded confidence that the headline Wholesale Price Index (WPI) based inflation will ease to the range of 6.2% to 6.6% in March 2013, primarily on the ...




business and finance

Challenges to make India preferred investment destination remain: survey

India's financial sector faces certain challenges that hold it back from becoming a preferred destination for global investors even though reforms have made domestic capital market more vibrant and transparent, the Economic Survey said today.




business and finance

Reprioritise all spending to meet 12th Plan outlay: Eco Survey

The Economic Survey today suggested the government reprioritise Plan and Non-Plan expenditure in its efforts to contain fiscal deficit at manageable levels.




business and finance

2012, a bad year for the FDI: Govt

Government today said 2012 has been a bad year for FDI due to global economic slowdown and steps were being taken to increase its inflow.




business and finance

Economic Survey calls for urgent need to manage food stocks

As the country faces the prospect of being saddled with record almost 100 million tonnes of foodgrains in the next few months, the government's annual Economic Survey released today said that urgent attention needs to be accorded to efficient food ...




business and finance

Fast-track green approvals for 795 MT coal output in 2012-17: Eco Survey

Delays in environment clearances needs to be addressed on a fast-track basis for achieving coal production target of 795 MT during the current five year plan (2012-17), the Economic Survey said today.




business and finance

Urgent attention required on infra, taxes to boost exports: survey

India needs "urgent attention" on issues related to infrastructure, trade facilitation, taxes and credit in order to boost the country's exports, said the Economic Survey 2012-13.




business and finance

Survey pitches for sugar decontrol in phases

The Economic Survey today suggested removal of controls on the "over-regulated" sugar sector in a phased manner as recommended by the Rangarajan committee.




business and finance

NPA level of state-owned banks manageable: Survey

Pointing to sharp rise in bad loans, Economic Survey said the gross non-performing assets (NPAs) of public sector banks are still at manageable level




business and finance

Tourism sector needs a makeover: Economic Survey

India's tourism sector needs an urgent image makeover with higher investment in infrastructure, through PPP mode to capitalise on opportunities provided overall growth in world tourist arrivals, the Economic Survey said today.




business and finance

Marginal rise in cargo traffic in Apr-Sept 2012: survey

Cargo traffic at ports during the six-month period ended September 2012 grew by just 1.8% to 455.8 million tonne due to decline in shipments handled at major ports, Economic Survey said today.




business and finance

India lost 10% share in global BPO mkt to China, Brazil in 5yrs

India has lost about 10% share of the global BPO market in the last five years to destinations like China, the Philippines and Brazil, raising concerns for the $20-billion Indian BPO industry.




business and finance

FDI in telecom sector plunges 96% to $70.46 mn: Eco Survey

New Delhi, Feb 27 (PTI) The country's telecom sector has seen sharp decline in foreign investor interest with FDI plummeting by 96 per cent to USD 70.46 million in April to November 2012 period, the Economic Survey today said.




business and finance

New EPC model to revitalise highways sector: survey

A proposal is being put in place for providing 100% government funding to developers so as to rescue the highways sector, where there are few takers because of severe equity crunch, Economic survey said today.




business and finance

Eco Survey: Indian IT-BPM industry faces serious competition

The Economic Survey 2012-13 acknowledged that the $100 billion Indian information technology and business process management (IT-BPM) faces some serious competition from many of the developing countries




business and finance

Ease regulatory, bureaucratic impediments to investments

Government should work towards easing "regulatory and bureaucratic impediments" to improve investment climate in the country, suggested the Economic Survey for 2012-13.




business and finance

Survey prescribes inflation-indexed bonds to curb investment skew

The Economic Survey for 2012-13 has captured the significant changes in the composition of domestic savings over the years and has outlined the required measures to shift investments in gold to other areas.




business and finance

Fiscal deficit target of 5.3% achievable: Eco Survey

The Economic Survey today said slippage on fiscal deficit will be restricted to 0.2 percentage point this year as expenditure measures could offset the shortfall in revenue collections




business and finance

AI's performance has improved: Economic Survey

Air India is likely to come out of its precarious financial position this financial year with a positive cash flow, as its performance has improved considerably, the Economic Survey said today.




business and finance

India Inc sees sales growth fall by more than half in Jul-Sept

Amid declining private investment due to high interest rates and policy bottlenecks, India Inc saw sales growth dip by more than half to an average of 11.4% during the second quarter of the current fiscal.




business and finance

India Inc raised Rs 4,974 cr in corporate debt

Resource mobilisation in the corporate debt category witnessed a significant decline as just Rs 4,974 crore was garnered through debt issues in the first nine months of the current fiscal, which was not even 10% of the total funds raised during ...




business and finance

Survey paints sombre picture of economy, lowers growth to 5%

The Survey, tabled by Finance Minister P Chidambaram in Parliament, projected an optimistic growth rate of 6.1-6.7% for the 2013-14 claiming that the downturn is more or less over and economy is looking up.




business and finance

Govt takes steps to improve interaction with rating agencies

Amid concerns of possible downgrade of India's credit rating, the Economic Survey today said the government is taking steps to improve interaction with rating agencies to ensure that they make "informed decisions".




business and finance

There is room for further rate cuts by RBI: Economic Survey

The Economic Survey for 2012-13 released on Wednesday said that with moderation in inflation and expected fiscal consolidation there is room for further rate cuts by the Reserve Bank of India (RBI)




business and finance

Mixed signals on industrial production: Economic Survey

Industrial production presents a mixed picture of sluggishness bottoming out as well as continuing for a little longer period, the Economic Survey 2012-13 said today.




business and finance

Fiscal consolidation key to revive growth

Economic advisers in the Finance Ministry today projected India's GDP growth to recover to 6.1-6.7% in 2013-14 from estimated decade-low expansion of five% in the current financial year




business and finance

Eco Survey calls for clarity in NELP policy

With India's show piece oil and gas exploration policy running into disputes, the pre-Budget Economic Survey today called for clarity in the policy as well removing distortions in fuel and natural gas pricing