Rangarajan
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With Rangarajan formula, gas prices may jump to $10 in 3 yrs
Fp Archives •Natural gas prices in India may jump to $10 within three years of implementation of the Rangarajan formula, generating enough additional revenue to meet higher subsidy outgo on the fertiliser sector.
RIL, BP, Niko to give $1.2 bn bank guarantee over 3 yrs for higher gas price
Fp Archives •The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately suppressed production at the main Dhirubhai-1 and 3 (D1 & D3) fields.
Petrol price hike will help meet fiscal deficit target, says Rangarajan
Fp Archives •Govt taking reform measures, India won't be dowgraded: Rangarajan
Fp Archives •"The rating agencies have been talking about the reforms having been put on the back burner. But that is no longer true. Many important legislations were passed (recently) ... Therefore, I would think the rating agencies have no case for any downgrading," he said in reply to a query after release of the 'Economic Outlook 2013-14' report.
Easing IIP, inflation just made Raghuram Rajan's life a tad bit easier
Fp Archives •India's industrial production unexpectedly rebounded in July while consumer inflation cooled last month, offering some relief for policymakers who have been battling the country's worst economic crisis in more than 20 years.<br /><br />
Wholesale price inflation inches higher to 4.86% in June
Fp Editors •Declining inflation may bring down gold demand: Rangarajan
Fp Archives •Gold demand is likely to fall as easing of general inflation rate will make investment in financial products more attractive than the yellow metal, PMEAC Chairman C Rangarajan said today.
Raising taxes: Will India lose its rich to Singapore and Dubai?
Fp Staff •With the west going through a phase of raising taxes, India would be ill advised to copy the west, given that the ground reality for the Indian citizen is very different. It could also lose out to SIngapore and Dubai with much lower tax rates.
Inflation down trend on; expectation of rate cut in Jan soars
Fp Staff •India's wholesale price index-based inflation accelerated 7.18 percent in December, lower than the RBI's projection of 8 percent, strengthening the case for a rate cut
CAD will be around 4.2% in 2012-13, says Rangarajan
Fp Archives •The current account deficit is likely to be around the last year's level of 4.2 percent of the GDP for 2012-13 fiscal, Prime Minister's Economic Advisor Council Chairman C Rangarajan said today.