finance

By Vipin Agnihotri

Lucknow, India: It has come into the notice of The India Street that the Indian government is all set to put in place routines to check whether foreign investors setting up shop in India are complying with the norms prescribed for them. Initial signs are that the new norms could make it necessary that companies file an annual compliance report or an inspection system could be put in place.

By Vipin Agnihotri

Lucknow, India: Indian Prime Minister Manmohan Singh has called for a crash programme on increasing India's generation capacity. There is no doubt that poor pace of reforms in the power sector will trip overall economic growth and there is an urgent requirement to check electricity theft that is bleeding the system.

By Vipin Agnihotri

Lucknow, India: If the Indian government fails to meet its deficit reduction targets, the overseas borrowing costs of Indian companies could increase over the next two years. You may ask: Why is it so? This is because failure to meet deficit reduction targets can adversely impact the sovereign credit rating of the country.

By Vipin Agnihotri

Home loan borrowers in India have to wait for a bit before they see interest rates softening up. Home loan experts while speaking to The India Street has said that this can only happen if the Reserve Bank of India (RBI) relaxes few of the fiscal curbs it has imposed on banks.