Business

The data also estimated an increase of 13.8 per cent in the Government Final Consumption Expenditure.

Besides fixing the 50 787s in service, Boeing will have to compensate carriers unable to use 787s and pay penalties for late deliveries.

Net sales during the period under review stood at Rs 10,956.95 crore, up 45.57 pc from Rs 7,527.10 crore in the period a year ago.

India said the policy on FDI in multi-brand retail has finality and they need not be unduly concerned about any policy reversal.

Stanford used investors' money to bankroll a string of failed businesses and for his own lavish lifestyle.

Pawan Kumar Bansal said that teams of Railway Board officials would inspect stations across the country to ensure cleanliness.

In pre-budget consultation economists recently advised the government to levy higher taxes on super-rich.

The Airlines has challenged the order of the HC directing it to deposit 50 per cent of the Rs 371 cr to IT dept.

However the company has not secured approval from airports to fly again, said a DGCA source.

Jet Airways, India's second-largest carrier, is in talks with Abu Dhabi's Etihad Airways to sell a stake.

The company has, however, not set a target for the overall hiring for the next fiscal.

The deceleration in sales growth was broad-based across manufacturing, IT and non-IT services sectors.

Morgan Stanley also expects the merger of Sesa Goa Ltd and Sterlite to be concluded by the end of March.

Forex dealers said sustained dollar selling by exporters and banks and a higher opening in the equity market also boosted the rupee sentiment.

Reports say the government, which is yet to choose Gokarn's successor, is considering Kalpan Kochhar for the post.

However, the rupee ended 2012 with an improved tone, recovering some 4.2 per cent from the record low of 57.32.