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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.




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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.




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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.




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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




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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.




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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.




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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




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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.




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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.




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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.




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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)




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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.




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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




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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




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Energy issues may pull down infra growth: Economic Survey

The ongoing issues in the energy sector, particularly related to pricing, may pull down growth of the overall infrastructure sector, the Economic Survey has warned. It recommended doing away with subsidies through import parity in domestic fuel ...




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Check over-use of urea, boost consumption of P&K fertilisers: Eco survey

The over consumption of urea and limited use of phosphatic and potassic (P&K) fertilisers need to be addressed through appropriate price incentives by reducing subsidies to ensure sustainable practises are encouraged, Economic Survey said today.




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Mining PSUs outperform others during FY12

State-owned enterprises in the mining sector have outperformed by recording the highest increase in their net profit among other industrial public sector companies during the financial year 2011-12, as against the previous year, the Economic Survey ...




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MFs garner Rs 1.2 lakh cr from investors in Apr-Dec: Economic Survey

Investors have put in more than Rs 1.2 lakh crore in various mutual funds in first nine months of the ongoing financial year compared to cumulative net outflow of nearly Rs 80,000 crore in last two financial years.




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Delhi rape case finds resonance in Economic Survey

After being at the receiving end of public ire, the government did not miss the opportunity of slipping in a brief policy statement on addressing the issue of violence against women in the Economic Survey




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Allow rebid of underperforming PPP projects: Survey

At a time when a number of public private partnership (PPP) projects are in trouble, the ministry of finance has pitched for allowing flexibility so that a contract can be withdrawn and put up for rebid when a private party underperforms




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Economic Survey reaffirms RBI view on GDP growth rate: BJP

Economic Survey growth figures as a "warning bell" as these came down from 9 to 5%, said Arun Jaitley




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Economic Survey 2012-13: The Rajan Touch...

The cover itself shows that the main author of Economic Survey, 2012-13 is different from the one who penned pre-budget documents for the previous three years




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We are batting on sticky wicket, but the sun will dry out the pitch: Rajan

Reason for wide band is wide amount of uncertainty that prevails in both the Indian economy as well as the external world




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Indians get 290 gms milk in a day, 55 eggs annually

India not only ranks first in the world in milk production, its per capita milk availability at 290 grams daily is marginally higher than the global average




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Economy would bounce back to achieve 6.1 to 6.7% growth

The pre-Budget Economic Survey for 2012-13, tabled in Parliament today, has exuded confidence that the Indian economy would bounce back to achieve higher growth of around 6.1 to 6.7%, up from the advance estimates of 5% economic growth in the ...




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The Survey a mere govt rhetoric: NAC member

National Advisory Council (NAC) member Aruna Roy has criticised the economic survey calling it mere government rhetoric that signifies little for the unorganised sector who comprise 95% of the workforce in the country




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Grounded in reality, paves way for a responsible Budget: Shubhada Rao

Prudent policy support from fiscal side and in turn monetary policy could leading to a virtuous cycle of recovery




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An upbeat Survey: Ajit Ranade

The Survey wrongly emphasises the role of tight monetary policy as the cause of a fall in consumer and investment spending




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A balanced Survey: Nitin Desai

A growth forecast that is seriously wrong is dangerous - it can lead to revenue projections and spending decisions that become seriously inflationary




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Advisor high on job creation, agri productivity boost

For Rajan, the crucial aspect of today's economic development was a query that disturbs youth -"Where will my job come from?




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Outlook stays sluggish

Hit by fall in profit margins, investment growth




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Primary market shows signs of life

Equity issues raised in first 3 quarters more than that in entire FY12




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Subsidy bill for FY13 to surpass Budget estimate

The Survey clearly indicates fiscal consolidation will be on the back of reduced oil subsidies




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We're on a sticky wicket, but the sun will dry out the pitch: Raghuram Rajan

Chief Economic Advisor says we need to be sensible rather than flashy, over-the-top hits




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MSP hikes isn't the only tool to incentivise farming

Policy on price and procurement support should not encourage more production of abundant crops




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Gold rush a symptom of more fundamental problems

Curb inflation, offer products such as inflation-indexed bonds, expand financial inclusion, improve access to financial products, says Survey




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Energy pricing a drag; power looks up

Doing away with subsidies, correcting policy imperfections




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Recovery rests on global factors

In real estate, India ranks 182nd in construction permission processes, the Survey says, citing a World Bank report




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Align fuel prices with global trend, cut subsidy

Survey reiterates commitment to fiscal consolidation




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Inflation to soften further; steps on supply-side needed

Fall in global commodity and non-food manufacturing sector prices come to help




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Recovery in sight; FIIs, oil prices key

The estimate takes into account a normal monsoon, further moderation in inflation and a mild recovery in global growth




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Worst is over: Survey

Focus on curbing current account deficit and widening the tax base




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Cybercrimes in the time of Covid-19: Scamsters taking advantage of pandemic

A variety of phishing campaigns are taking advantage to distribute malware, steal credentials, and scam users




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Rain not the only spoilsport for paddy

Last fortnight, Kerala''s paddy farmers took a strong beating after the state was lashed by strong, unseasonal showers...




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The safety vault

The wheat producing states of Punjab and Haryana have finally embraced the concept of silos...




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Farm field schools help keeping the 'oily spot'' at bay

This May-end, around 270 pomegranate farmers from Atpadi will be the first graduates of the Sheti Shalas...




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Study links use of pesticides to damage in farmers'' DNA

Even as the debate over health effects of pesticides continues to rage, a study conducted by the Punjabi University...




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Farmers get area-specific weather advisory service

On Wednesday, farmers across 150 districts in the country got details pertaining to rainfall, temperature, wind speed...




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Experts call for bio-security as pests, diseases enter India

There is a shortage of food across the world and experts are trying to come up with ways in which the shortfall in supplies can be made up.




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Paddy makes comeback in cotton belt, may worsen Punjab water problem

It''s a story of one crop''s gain being another crop''s loss. In Punjab''s Malwa region, the traditional cotton crop is set to lose its hectarage...