Raghuram Rajan joins WEF task force on global financial system
Reserve Bank Governor Raghuram Rajan has joined a task force of the World Economic Forum (WEF) to study the future of global financial system, whose members include bankers and policymakers from across the world.
Jan 26, 2016, 19:55 PM IST
We must add to Indian economy's credibility: Arun Jaitley
Urging private sector to give up caution and make investments, Finance Minister Arun Jaitley has said it has become absolutely imperative to add to the credibility of the Indian economy, with the world looking up to the country as a bright spot amid global headwinds.
Jan 24, 2016, 19:25 PM IST
Davos 2016: Business leaders cautiously optimistic on India's prospects
On the last day of the World Economic Forum (WEF) meet Saturday, Finance Minister Arun Jaitley said the reform process would continue unhindered and without any impact of political opposition.
Jan 23, 2016, 19:37 PM IST
Davos 2016: Ease of doing business still work in progress, says FM Jaitley
Jaitley also said the political opposition is unlikely to obstruct the reform process, including on the direct and indirect tax reforms, and he was hopeful about the GST getting through as well which is one of the few reforms that has been held up.
Jan 23, 2016, 17:49 PM IST
Davos 2016: India has chance to cement 'bright spot' status, says Vedanta chief
Referring to Finance Minister Arun Jaitley's statement here at WEF that "any economy needs multiple engines of growth", Agarwal said it is now becoming increasingly clear that services alone cannot drive India.
Jan 23, 2016, 16:51 PM IST
Don't forget society in name of shareholder value: Rajan to companies
Stating that the meaning of the maximising of shareholders' value has gone through a change, Rajan gave example of "a bunch of employees contributing a huge value to a firm", but the benefits of the value actually going to the shareholders.
Jan 22, 2016, 23:13 PM IST
India taking steps to address infrastructure woes: FM Jaitley
Emphasising that India is taking steps to address problems in the infrastructure sector, Finance Minister Arun Jaitley on Friday said multiple institutions are required to meet the funding requirements in this space.
Jan 22, 2016, 22:14 PM IST
India roars back to Davos to seek overseas investment
India has finally taken on the mantle of the world`s fastest growing big economy; its equities and bonds are favourites with emerging market investors who are betting that growth will accelerate further.
Jan 22, 2016, 21:58 PM IST
Davos 2016: RBI expected to remain accommodative, says Chanda Kochhar
The Reserve Bank of India has reduced repo rate by 125 basis points in about past one year, but demands continue to mount for further cuts to stimulate economy.
Jan 22, 2016, 20:25 PM IST
WEF 2016: India can stand out with reforms, planning, says FM Jaitley
India can stand out in the gloomy global economic situation with headwinds from China and the US if it continues with "reforms and responsible economic planning", Finance Minister Arun Jaitley Friday said expressing confidence that the country will prove its resilience.
Jan 22, 2016, 19:40 PM IST
India ranked 22nd among world's best countries
India was Thursday ranked 22nd on an inaugural list of the world's best countries, which was released here on the sidelines of WEF Annual Meeting and is topped by Germany.
Jan 21, 2016, 22:47 PM IST
Indian economy needs multiple growth engines: Arun Jaitley
The Indian economy needs some multiple engines of growth, while the focus for the government now is on reviving private investments, Finance Minister
Jan 21, 2016, 18:16 PM IST
ICICI Bank eyes Rs 80K crore mobile banking transactions by March
Kochhar, Managing Director and CEO of India's top lender ICICI Bank, said the financial sector is among the few ones that has rapidly adopted new technology and continues to innovate.
Jan 21, 2016, 15:12 PM IST
Central bankers can't solve all economic worries: Raghuram Rajan
Stating that monetary policies alone cannot change the world, RBI Governor Raghuram Rajan Wednesday said the governments need to create an underlying framework for growth in the long term for the world economy.
Jan 20, 2016, 21:35 PM IST
India in a sweet spot; private investment uptick soon: ICICI CEO Chanda Kochhar
Expecting Indian economy to continue to improve, top banker Chanda Kochhar Tuesday said India is in a "sweet spot" amid the global economy witnessing a low-growth and low-inflation environment.
Jan 20, 2016, 21:03 PM IST
Markets to settle down, investors will go for India: Raghuram Rajan
The rupee, Rajan said, has been "relatively strong" in the EM currency basket, but India is affected by the "same kind of jitters" impacting other world markets.
Jan 20, 2016, 20:28 PM IST
Fall in markets 'market's problem' not of economy: Rajan
Rajan said there have been huge flows in emerging markets but one should also understand that tremendous changes are taking place in emerging markets.
Jan 20, 2016, 20:17 PM IST
India's job scope huge, need right skills: Vishal Sikka
With a new WEF study warning about a net loss of over five million jobs in next five years due to the fourth industrial revolution, IT giant Infosys CEO Vishal Sikka said there are huge employment opportunities in India but there is a need to impart right skills and training.
Jan 20, 2016, 19:52 PM IST
India brings development agenda to WEF
As the prestigious WEF annual meeting begins in this Swiss resort town, India will look at proving its mettle as 'bright spot' in a gloomy global economy marred by rout in China even as surveys and studies here raise doubts about its competitiveness on talent, business environment and various other fronts.
Jan 19, 2016, 23:38 PM IST
