India's economic growth

PM Narendra Modi's 'Make in India' gets thumbs up from Moody's

Higher FDI inflows suggest that Narendra Modi government policies, such as efforts to liberalise foreign investment limits in several sectors and the 'Make in India' campaign, are bearing fruit, Moody's Investors Service said.

 

Apr 08, 2016, 09:32 AM IST

GST deadlock: Weight of directly elected house must always be maintained, says FM Jaitley

Jaitley, who in May last year stated that Indian democracy faced a serious challenge with an 'indirectly elected' Upper House questioning the wisdom of 'directly elected' Lok Sabha, today said he will again be speaking to the Congress on the GST bill.

Apr 07, 2016, 13:45 PM IST

India less susceptible to external shocks, credit positive: Moody's

Low commodity prices and better FDI inflows have reduced India's vulnerability to external shocks which is "credit positive" for India, Moody's Investors Service said on Thursday.

Apr 07, 2016, 09:45 AM IST

India's services sector growth jumps to over 3-year high in March

Private sector activity in the country registered a significant uptrend and surged to a 37-month high in March, driven by marked increase in new business orders, a monthly survey said Wednesday.

Apr 06, 2016, 11:36 AM IST

RBI sees 7.6% growth in FY17 on favourable monsoon

 The Reserve Bank today said it expects the economy to grow by 7.6 percent in the current fiscal on the back of favourable monsoon, a notch lower than the upper end of government's range of 7-7.75 percent.

Apr 05, 2016, 15:27 PM IST

First RBI Monetary Policy Review of FY 16-17: Key Highlights

Know the key highlights of RBI's first bi-monthly monetary policy statement, 2016-17.

Apr 05, 2016, 12:30 PM IST

RBI Monetary Policy Review: Full Text

Read the full text of RBI's first Monetary Policy Review of financial year 2016-17.

Apr 05, 2016, 12:22 PM IST

LIVE RBI Monetary Policy Review: Part of investigative team looking into Panama leaks, says Raghuram Rajan

Zee Media Bureau

The Reserve Bank of India on Tuesday slashed repo rate by 0.25 percent to 6.50 percent in its first bi-monthly monetary policy review.

Apr 05, 2016, 11:54 AM IST

RBI credit policy review: Raghuram Rajan surprises with hike in reverse repo rate

But in a surprise move, the RBI also raised the reverse repo - or the rates lenders charge to the central bank - by 25 basis points to 6.0 percent, while taking measures to ensure more availability of cash in the banking system.

Apr 05, 2016, 11:36 AM IST

RBI monetary policy: Raghuram Rajan cuts interest rate by 0.25%; auto, home loans to be cheaper

The Reserve Bank of India on Tuesday cut its policy rate by 0.25 percent while unveiling its first bi-monthly policy review for this fiscal, paving way for cheaper home and auto loans.

 

Apr 05, 2016, 10:43 AM IST

Sensex trips 125 points ahead of RBI policy

 Domestic investors were cautious ahead of Reserve Bank's monetary policy meet as the market benchmark Sensex dropped over 125 points in early trade while Asian cues were muted on overnight losses in US and fall in oil prices.

Apr 05, 2016, 10:20 AM IST

RBI's credit policy review today: What to expect

The RBI is also expected to say that it is retaining its "accommodative" stance, raising the prospect of another 0.25 percent rate cut later this year.

Apr 05, 2016, 09:38 AM IST

RBI monetary policy review today: Raghuram Rajan likely to cut interest rate by 0.5%

RBI will unveil its first bi-monthly policy review for this fiscal Tuesday amid expectations of a 0.25-0.50 percent cut in interest rates to boost industrial growth and economy.

 

Apr 05, 2016, 08:58 AM IST

FM Jaitley pitches for interest rate cut ahead of RBI policy

The finance minister also stressed that the debate on crucial economic issues, like interest rates, should move in the right direction in India, which is a "large and noisy democracy".

Apr 04, 2016, 11:35 AM IST

India's manufacturing growth hits 8-month high in March

 India's manufacturing growth rose to an eight-month high in March driven by strong rise in business orders, leading firms to scale up output, while the build-up in inflationary pressures may result in RBI hitting the pause button, says a Nikkei survey.

Apr 04, 2016, 11:13 AM IST

High interest rate can lead to sluggish economy: FM Jaitley

Finance Minister Arun Jaitley on Monday said he hopes that economy in 2016-17 will be led by Industry rather than by government with more investment from private sector.

Apr 04, 2016, 10:55 AM IST

Global executives turn cautious on economic outlook: McKinsey

Executives' outlook for the economy has turned cautious and respondents are now more likely to express negative views on both global and domestic economic conditions, says a McKinsey report.

Apr 01, 2016, 16:00 PM IST

Jaitley in Australia: India to stay on high growth path for 10-20 years, says FM

India will continue on the current path of growth for a couple of decades more, bringing benefits of liberalisation to its people and eliminating the curse of poverty, Finance Minister Arun Jaitley said here Friday.

 

Apr 01, 2016, 13:34 PM IST

Govt, RBI taking tough action to recover dues from large corporate defaulters: PM Modi

Prime Minister Narendra Modi on Monday said that the government and RBI are taking tough action to recover dues from large corporate defaulters.

Mar 28, 2016, 18:53 PM IST

Achieving double digit growth in current global environment extremely difficult: FM Jaitley

Finance Minister Arun Jaitley on Thursday said that in the current global environment, achieving double digit growth is extremely difficult.

Mar 17, 2016, 10:58 AM IST