Need to restart India growth story: PM tells finmin officials

After taking over the finance portfolio, Prime MinisterManmohan Singh today met senior officials from the ministry and stressed that reviving investor sentiment was on top of his priorities.

“I happy to meet all of you in a new context with me looking after the finance portfolio once again. Apart from a brief spell

Pranab Mukherjee goes out with a flop

(Reuters Breakingviews) - Talk about over promising and under-delivering. Pranab Mukherjee inflated the market's hopes that he'd take bold measures to boost investor confidence, but came up with a few small tweaks - on his last day as finance minister. Hopefully his successor will talk less and act more.

At the end of last week the rupee hit another all time low against the dollar. Over the

Marketmen bet on Rangarajan, Chidambaram as new FM, see Sensex touching 19,000 by December

The prospect of a change of guard at the finance ministry has lifted stock market sentiment, probably the most in the last 12 months, an ET poll of top brokers and fund managers revealed. Expectations that a new finance minister, if Pranab Mukherjee moves on to become the nation's president, would push through some economic reforms have fund managers and analysts bet that the Sensex can rise as much as 23.5 per cent by December.

Of the 20 brokerages and fund managers polled, two expect the Sensex to cross 20,000 while 11 of them see the benchmark index trade between 17,000 and 19,000 by December 31

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The poll result is a contrast to the previous three conducted by ET over the last

FM hopes RBI will keep eco situation in mind, adjust policy

Finance Minister Pranab Mukherjee today said the Indian economy was in a difficult situation and hoped the Reserve Bank of India will adjust its policy keeping in mind the situation.

“The RBI is one of the most respected monetary authorities… I am confident they (RBI) will adjust

FM to review public sector insurance performance today

Finance Minister Pranab Mukherjee will review the annual performance of public sector insurance companies today in the light of growing pressure on profitability.

The focus of review by the Finance Minister will be to have a business

Live: IIP disappointing but govt will boost economy, promises FM

Finance Minister Pranab Mukherjee today expressed disappointment after the industrial output data in April reflected an almost zero-growth economy, but promised that  the government is committed to boosting the economy and investor sentiment.

IIP, the key measure of industrial output, grew  merely  at 0.1 percent in April 2012 from the same period last year