Morgan Stanley has cut India's growth forecast for FY'13 to 6.3% and has revised the estimates for FY'14 to 6.9%. The revision has come in as it believes that India is going through a bad mix of a high.... read full story
The agricultural sector is expected to do marginally well in the current fiscal given the expectations of a normal monsoon. The production of foodgrains is expected to increase by 0.6% due to higher production.... read full story
The final cabinet note on the issue of allowing foreign airlines to buy upto 49% stake in domestic airline has been moved and it is expected that the government will soon take a view on it. It is also.... read full story
The Turkmenistan-Aghanistan-Pakistan-India (TAPI) pipeline is set to become a reality as the Union Cabinet has approved the signing of the proposal. India has also agreed to the contentious issue of paying.... read full story
Blaming the tanking of stock markets on the ongoing Eurozone crisis and the inconclusive Greece elections, Finance Minister Pranab Mukherjee has assured the country that there is no reason to press the.... read full story
In what will come as a minor relief to airline companies, oil firms have slashed jet fuel prices by a marginal 0.4%. This is the third such reduction since April this year and is in sharp contrast to the.... read full story