RBI Governor asks political parties to pass key economic bills
New Delhi: Reserve Bank Governor Raghuram
Rajan today exhorted political parties not to postpone passage
of key economic bills because it may become challenging to get
them approved after the 2014 general elections.
"A stable government post-elections cannot be taken for
No compromise on fiscal consolidation, says Chidambaram
New Delhi: Brushing aside apprehensions
expressed by a rating agency, Finance Minister P Chidambaram
today said the government will stick to the path of fiscal
consolidation and endeavour to narrow the deficit to 3 per
cent of gross domestic product by 2016-17.
"The agenda (is) obvious.
Gold, silver spurt on frantic buying, strong global cues
New Delhi: Gold zoomed by Rs 425 to Rs 31,150
per ten grams in the national capital today on frantic buying
by stockists and investors on strong global cues.
Silver also surged by Rs 700 to Rs 45,000 per kg on
increased offtake by jewellers and industrial units.
Sensex drops for 2nd day, down 84 pts as export growth slows
Mumbai: The benchmark Sensex fell for the
second day today and dropped nearly 84 points on weak global
cues and concerns over export growth deceleration in November,
amid cautious trading ahead of industrial production and
inflation data tomorrow.