indian economy

Ahead of its mid-quarterly policy review, the Reserve Bank of India (RBI) today said it is monitoring the economic data and also the liquidity situation, and would take a forward-looking view while deciding on the policy action.We would monitor various data...and take a forward-looking view and take action, RBI Deputy Governor Shyamala Gopinath told reporters here when asked how the central bank plans to arrest the economic slowdown. Full Article

The US was extraordinarily frustrated with the slow pace of opening up of Indian economy, despite the issue being raised at the highest level, a top Obama Administration has said As you know, (the US) President (Barack) Obama led in exports and a mission to India as part of his Southeast Asia trip last year and I will be honest, we have been extraordinarily frustrated at the slow pace of opening that market, US Trade Representative Ron Kirk said at a Congressional hear.. Full Article

It is a challenge for the Reserve Bank to meet demands of economic growth and rein in surging inflationary pressures, governor Duvvuri Subbarao said on Monday , hinting that it will be a tight-rope walk for the central bank on January 25 when it anno Full Article

Health facilities with focus on rural areas, addressing the requirement for education from primary to the higher and technical education level and development of vocational skills. He specifically mentioned about some of the important schemes being i Full Article

"Indian economy is buoyant, strong and has kept recession at bay and to keep the progress going, the contribution of chartered accountants is important. They must act as the watchdogs of economy and contribute to nation building," S S N Moorthy, Chai Full Article

Small and medium enterprises (SMEs) in the country will not have to prepare their accounts as per the International Financial Reporting Standards (IFRS) from April 1, 2011, saving them significant cost of switching to the more rigorous accounting standard A government-constituted core panel on IFRS has decided to exempt SMEs from the first phase of convergence falling due in 2011. Full Article

29th January is an important date. Now it’s not a red letter day or neither is any day the Indian history to be remembered. For financial market 29th of January remains a big day as the RBI will hold its much-awaited monetary policy. The whole Indian economy is keeping a close eye on the movement of the giant steps of RBI. It have been a much hyped that RBI might go for a rate hike any time soon. Prime drivers of this are the food inflation and the CPI. Full Article

Infrastructure is the back bone of every economy. Infrastructure contributes a great deal too sustained economic development. Country with good infrastructure can be classified as a developed country whereas the other countries have little finance to spend on such luxuries and hence, keep struggling in the developing class of nations. Indian infrastructure growth started with much delay but when it started its journey it made a remarkable growth. If we make an analysis o.. Full Article