Top economic news of the day

India Infoline News Service | Mumbai |

Finance Secretary Arvind Mayaram said there will be no rider to the FDI cap hike and that management and control will anyway remain with the India partner

Industrial production recorded 4.7% growth in May 2014, a nineteen-month high. This was powered by improved performance across sectors, including manufacturing, mining and power. (BL)

Finance Secretary Arvind Mayaram said there will be no rider to the FDI cap hike and that management and control will anyway remain with the India partner. (BL)

Mergers and acquisitions in India witnessed a significant jump in the first six months this year to US$17.1bn, up over 47% year-on-year. (BS)

India's steel consumption grew by a mere 0.7% during the first quarter of current fiscal to 18.82mn tons. (ET)
 

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