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New oil & gas exploration norms

New oil & gas exploration norms

The Minister of State (I/C) in the Ministry of Petroleum & Natural Gas, Dharmendra Pradhan, said that to increase domestic exploration, the government has taken several policy measures such as New Exploration Licensing Policy,

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Mega projects to procure from small sector

Mega projects to procure from small sector

The Telangana Government would make it mandatory for mega industrial projects to procure a certain part of their requirements from the local small-scale industry. The proposed new industrial policy is likely to provide for such a provision.

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JLL: Reaction To RBI Policy Rate Announcement – Anuj Puri

JLL: Reaction To RBI Policy Rate Announcement – Anuj Puri

Anuj Puri - Chairman & Country Head, JLL India says that it has been clear that over the last few months, the RBI been looking for the right circumstances to bring down the repo rate. However, it is also clear that it still perceives a threat of inflation going up again in the near future. As such, the RBI is clearly without choices in the matter. The least it could do to remain equitable to all business sectors was to keep the repo rates on hold, which it has done.

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Industrial growth stagnating: RBI

Industrial growth stagnating: RBI

The Macroeconomic and Monetary Developments 2014-15 update is released by Reserve Bank of India along with its first bi-monthly monetary policy statement for 2014-15. As per the macroeconomic update, the industrial growth is stagnating. The Index of Industrial Production (IIP) showed no increase during April-January 2013-14, compared with 1.0 per cent growth in the corresponding period of the previous year. This stagnation in growth over two years reflects subdued investment and consumption dema

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RBI study favours anti-inflation policy

RBI study favours anti-inflation policy

Citing a study, Reserve Bank India (RBI) said it cannot pursue a policy of higher inflation tolerance as the means to lower real rates because beyond a threshold, the negative impact of inflation on growth outweighs its positive impact. Although the study points to empirical evidence that lower real interest rates can stimulate growth and investment, it does not recommend a policy of higher infla

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RBI study favours anti-inflation policy

RBI study favours anti-inflation policy

Citing a study, Reserve Bank India (RBI) said it cannot pursue a policy of higher inflation tolerance as the means to lower real rates because beyond a threshold, the negative impact of inflation on growth outweighs its positive impact. Although the study points to empirical evidence that lower real interest rates can stimulate growth and investment, it does not recommend a policy of higher infla

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