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GDP growth expected to exceed 7.5% this fiscal: Finance Ministry

New Delhi(PTI): India’s growth in the current fiscal will exceed 7.5% as there are “silver linings” in the global financial turmoil, with government committed to ensuring that the country remains a “bright spot” in the world economy, Finance Ministry said on Monday. “This year we are targeting about 7.5% to …

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Union Culture Minister Mahesh Sharma wants meat ban during Navratri

New Delhi: Days after Union culture Minister Mahesh Sharma spoke about cleansing India of western influences, he has once again courted controversy. In an interview to India Today TV, Sharma spoke about multiple issues and gave his candid views on them. About the ongoing raging controversy regarding meat ban in …

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Arun Jaitley urges US companies to invest in India’s infra sector

New Delhi(PTI): Promising the fairest tax regime and a stable policy environment, Finance Minister Arun Jaitley on Monday invited US businesses to take advantage of the huge investment opportunity in the infrastructure sector and raise bilateral trade to $500 billion. The minister said global financial turmoil was not a problem …

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Focus on reviving rural demand, job creation: L&T Finance to govt

New Delhi(PTI): While the government tries to boost the economy and kickstart employment generation, it must focus on reviving demand, especially in rural markets, by “focussing on low-hanging fruits”, L&T Finance Holdings chairman and managing director Y M Deosthalee has said. “The biggest problem facing the economy is lack of …

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Venkaiah Naidu seeks Congress support for passage of GST Bill

New Delhi(PTI): Union Minister M Venkaiah Naidu on Sunday asked Congress to rethink on its strategy and requested the party to support the government in passage of goods and services tax (GST) bill, as it will help in accelerating economic growth by about 1.5 to 2%. “They (Congress) should know …

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New Delhi most expensive Indian city for expats: ECA survey

New Delhi is India’s most expensive city for expatriates but was ranked in the 174th place in the global list, according to findings of the latest ‘Cost of Living’ survey by ECA International. Despite prices rising at a much slower pace than a year ago, Indian locations have climbed up …

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