AP targets double digit growth in 2015-16: CM
VIJAYAWADA: Andhra Pradesh chief minister N Chandrababu Naidu on Friday said the state is targeting a double digit growth in Gross State Domestic Product (GSDP) in 2015-16 financial year. “Our vision is double digit GSDP growth in the current financial year, Swacha Andrha Pradesh and fight... read more »
To clear Rs 14,000 cr dues to farmers, govt wants mills to export 4 mn t su...
New Delhi – Aiming to clear cane arrears worth about Rs 14,000 crore to farmers, the Centre today directed cash-starved mills to compulsorily export 4 million tonnes of sugar in the 2015-16 marketing year, beginning next month. Industry body ISMA, however, said market sentiments should... read more »
Uber’s China rival Didi Kuaidi may join Ola fundraising
MUMBAI: The Uber vs Ola war is about to get more intense, and maybe even spill beyond the streets of India. Didi Kuaidi, China’s largest taxi-aggregator app, which is backed by Alibaba, the internet behemoth, is learnt to be investing in homegrown Ola, giving both players greater firepower to... read more »
RBI’s job is to keep inflation low at all times, says Rajan
MUMBAI: Despite the clamour for a rate cut to boost the stagnating economy, Reserve Bank governor Raghuram Rajan has made it clear that the central bank favours a rate of interest that benefits both borrowers and savers. “For the RBI, the key tasks are to keep inflation low not just today... read more »
