Manoj's Feed
Feb 11, 2014

India warns U.S. about dumping investigation in solar trade spat

NEW DELHI, Feb 11 (Reuters) – India said on Tuesday it was
investigating U.S. policies supporting solar panel makers, the
latest move in an escalating row over renewable energy that has
worsened already strained ties between the two countries.

The Obama administration said on Monday it was filing a
second case at the World Trade Organization over the domestic
content requirements in India’s solar programme, which aims to
ease chronic energy shortages in Asia’s third-largest economy.

Feb 10, 2014

U.S. to announce trade enforcement action linked to India

NEW DELHI (Reuters) – The United States will on Monday announce a trade enforcement action linked to India, potentially dealing another blow to bilateral relations damaged in December by the arrest and strip-search of an Indian consul.

U.S. Trade Representative Michael Froman will hold a news conference at 2 p.m., his office said on Sunday night. It said it could offer no additional details.

Feb 7, 2014

India cuts growth forecast to less than five percent before election

NEW DELHI (Reuters) – India on Friday cut its estimate of annual growth for the fiscal year to 4.9 percent from 5 percent because of a contraction in the manufacturing and mining sectors.

The revision down will do little to help the Congress party-led ruling alliance, which faces an uphill battle in a general election due by May amid allegations of economic mismanagement, corruption scams and high inflation.

Feb 7, 2014

Govt cuts growth forecast to less than 5 pct before polls

NEW DELHI (Reuters) – India on Friday cut its estimate of annual growth for the fiscal year to 4.9 percent from 5 percent because of a contraction in the manufacturing and mining sectors.

The revision down will do little to help the Congress party-led ruling alliance, which faces an uphill battle in a general election due by May amid allegations of economic mismanagement, corruption scams and high inflation.

Feb 7, 2014

India cuts growth forecast to less than 5 pct before election

NEW DELHI, Feb 7 (Reuters) – India on Friday cut its
estimate of annual growth for the fiscal year to 4.9 percent
from 5 percent because of a contraction in the manufacturing and
mining sectors.

The revision down will do little to help the Congress
party-led ruling alliance, which faces an uphill battle in a
general election due by May amid allegations of economic
mismanagement, corruption scams and high inflation.

Feb 6, 2014

Govt braces for likely lower growth forecast before polls

NEW DELHI (Reuters) – India on Friday is likely to cut its estimate of 5 percent growth forecast for the fiscal year that ends on March 31, thanks to a slower-than-expected recovery by industries.

The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.

Feb 6, 2014

India government braces for likely lower growth forecast ahead of elections

NEW DELHI (Reuters) – India on Friday is likely to cut its estimate of 5 percent growth forecast for the fiscal year that ends on March 31, thanks to a slower-than-expected recovery by industries.

The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.

Feb 6, 2014

India govt braces for likely lower growth forecast ahead of elections

NEW DELHI, Feb 7 (Reuters) – India on Friday is likely to
cut its estimate of 5 percent growth forecast for the fiscal
year that ends on March 31, thanks to a slower-than-expected
recovery by industries.

The revision will do little to help the Congress party-led
ruling alliance, which faces an uphill battle in elections due
by May amid allegations of economic mismanagement, corruption
scams and high inflation.

Feb 6, 2014

Government extends reformist Sinha’s term as SEBI chairman – sources

MUMBAI/NEW DELHI (Reuters) – The government has extended Upendra Kumar Sinha’s tenure as chairman of its securities regulator, two senior finance ministry officials said, giving him an extra two years to achieve reforms including bringing more transparency to stock markets.

After taking the job at the Securities and Exchange Board of India (SEBI) in 2011, he unveiled rules to improve corporate governance and disclosure standards at Indian companies and has been tasked with instituting a law to counter insider trading.

Feb 6, 2014

India extends reformist Sinha’s term as market regulator -sources

MUMBAI/NEW DELHI, Feb 6 (Reuters) – India has extended
Upendra Kumar Sinha’s tenure as chairman of its securities
regulator, two senior finance ministry officials said, giving
him an extra two years to achieve reforms including bringing
more transparency to stock markets.

After taking the job at the Securities and Exchange Board of
India (SEBI) in 2011, he unveiled rules to improve corporate
governance and disclosure standards at Indian companies and has
been tasked with instituting a law to counter insider trading.