India Economy 2008
Monsoon to hit India early, boost rice output
NEW DELHI (Reuters) - India's annual monsoon rains, vital to its economy, are forecast to reach southern India a few days early, the government said, bringing cheer to rice exporters, who said good rains would end panic in the market. Full Article
Cement firms to cut prices in some states - Kamal Nath
NEW DELHI (Reuters) - Indian cement firms have agreed to cut prices in some states of the country, Trade Minister Kamal Nath said on Wednesday, in another sign of the government stepping in to cool inflation. Full Article
India not sacrificing growth to cool prices - Ahluwalia
NEW DELHI (Reuters) - The government is not sacrificing growth to control inflation, as the economy needed to keep growing at 8 percent or more, Montek Singh Ahluwalia, the deputy chairman of India's Planning Commission, said on Wednesday. Full Article
Rates, rupee hurt Indian manufacturing - minister
NEW DELHI (Reuters) - A strong rupee and high interest rates are responsible for a slowdown in India's manufacturing growth, which the government hopes to reverse with new industry initiatives, junior industry minister Ashwani Kumar said. Full Article
India call money-07.00-07.25 pct May 15
PVS CLOSE : 06.50-06.60 The indicative call rates are contributions from ABN Amro,Andhra Bank,AXIS Bank, Bank of America,Bank of Baroda, Bank of India, Canara Bank, Centurion Bank Of Punjab, J P Morgan Chase,Citibank N.A., Corporation Bank, Calyon Bank,Indusind Bank, ICICI Bank, ICICI Securities & Finance Bank of India (IDBI), IDBI Bank Ltd,Jammu and Kashmir Bank, Punjab National Bank,Societe Generale, Standard Chartered Bank, State Bank of India, Unit Trust of India (UTI),Union Bank of In Full Article
Annual Policy Statement for the Year 2008-09
INDIA ECONOMY | USEFUL LINKS
FINANCE MINISTER'S SPEECH
