Business

Brokers said sentiment bolstered as expectation that easing inflation and weak commodity prices might prompt the RBI to cut interest rate.

Air Asia, which is the largest low-cost airline in Asia, has formed a joint venture with Tata Sons and Telestra Tradeplace of Arun Bhatia.

The inflation, however, continued to remain in the double digit terrain for the fourth consecutive month in March.

He said that the other businesses of Sahara group were getting affected because of Sebi's actions.

As per Congressional records of lobbying disclosure reports, the company spent a total amount of USD 6.13 million on lobbying for various issues.

Southeast Asia - the only sub-region to post faster growth in 2012 - is expected to extend its resilience in 2013 and in 2014.

Admitting that 6 per cent economic growth was not sufficient, he said India should aspire to grow at eight-nine per cent or even in double-digits.

Special Economic Zones, which contribute about 30 pc of the country's overall exports, are also expected to get incentives.

India's government is struggling to boost the economy, which has posted its weakest growth in a decade.

Sebi has also approached the Supreme Court seeking orders for detention of Subrata Roy.

Volatility may remain high on the bourses this week in view of expiry of futures and options (F&O) March contract on Thursday.

The commercial exploitation of shale gas in the country awaits the government's shale oil and gas policy.

The latest political development has cast doubts on the recent economic reforms initiated the by the government.

Faced with political heat, the government announced a probe in December into the lobbying activities by Walmart in the US for gaining access to Indian market.

Sources said the Finance Minister is likely to ask banks to increase lending to productive sectors to prop up growth.

The service delivery platform will allow more than 1,30,000 rural post offices to offer online services.