Former finance minister P Chidambaram 'misused his official position' in granting approval to a Foreign Direct Investment proposal of INX Media and INX News Pvt Ltd in lieu of 'illegal......
Urban Development Secretary Rajiv Gauba was on Wednesday named as the next home secretary as part of a major top-level bureaucratic reshuffle. He will succeed Rajiv Mehrishi, who completes his term......
Exports grew by a meagre 3.79 per cent in January to $26.7 billion but imports, particularly gold and silver, declined, narrowing trade deficit sharply to $9.92 billion in the month. The deficit......
Though many are upbeat on the fact that merchandise exports rose at a 21-month high of 11.6 per cent in July, this was primarily due to a low base effect which would run till September this year.......
Concerned over decline in gold exports from SEZs following ban on its trading, the government has allowed units in these zones to export gold items after a minimum value addition of 3 per cent.......
In India's trade deficit widened to a seven month high of $20.1 billion in May as gold imports continue to surge while exports declined by over a per cent, raising concerns about economic recovery.......
The rupee today lost a hefty 31 paise to close at over seven-day low of 55.65 against the US dollar on sustained demand of the American currency from importers and worries over higher trade deficit......