FM Jaitley pushes GST, reassures on back taxes
Jaitley reiterated a reassurances that India would not pursue foreign companies with new retroactive tax claims, adding that he would like to see the few remaining disputes resolved "as expeditiously as possible."
Jan 30, 2016, 13:16 PM IST
Double-digit growth possible if reforms go on: Arvind Panagariya
Even today, NITI Aayog Vice-Chairman Arvind Panagariya said, when the world market is not growing or growing slowly, India is a very large market with merchandise exports alone at about USD 18 trillion and services exports at USD 5 trillion.
Jan 30, 2016, 13:09 PM IST
8% growth possible; Opposition must allow key reforms: FM Jaitley
Jaitley further said there is a public opinion that reforms should not be stalled and need to be moved faster.
Jan 29, 2016, 20:57 PM IST
We need to value enterprise and hard work, not wealth: PM Narendra Modi
Prime Minister Narendra Modi on Friday said his government has taken numerous steps which have transformative potential.
Jan 29, 2016, 20:23 PM IST
India's economic growth for 2014-15 revised down to 7.2%
GDP growth rate for 2013-14 has also revised downwards to 6.6 percent from earlier estimate of 6.9 percent.
Jan 29, 2016, 20:05 PM IST
India's 2015 GDP growth revised down to 7.2%
GDP growth rate for the fiscal year 2013-14 also revised downwards to 6.6 percent from earlier estimate of 6.9 percent.
Jan 29, 2016, 18:05 PM IST
'India projected to be world's fastest growing economy'
Describing India as a "bright spot" in the backdrop of gloomy economic outlook globally, a senior Singaporean minister has said the country was projected to be the world's fasted growing economy and Singapore's close economic cooperation with it would be mutually beneficial.
Jan 27, 2016, 12:13 PM IST
IMF retains FY17 India GDP forecast at 7.5%, cuts world growth
The International Monetary Fund (IMF) on Tuesday kept India's growth projection unchanged at 7.3 percent in the current fiscal and 7.5 percent in the next, even as it cut world economic outlook to 3.4 percent for 2016.
Jan 19, 2016, 17:21 PM IST
UN downgrades India GDP growth forecast for 2016 to 7.5% from 8.2%
United Nations has downgraded its GDP growth forecast for India for 2016 to 7.5 percent from 8.2 percent estimated earlier, largely due to slow progress in implementing reform policies.
Jan 14, 2016, 19:48 PM IST
Inflation, corporate profit trends key to growth: Moody's
Moody's has a rating of Baa3 with a positive outlook on the country.
Jan 13, 2016, 20:57 PM IST
Double blow to economy: IIP plunges to over 4-year low; inflation accelerates
Dragged by poor manufacturing output, industrial production plunged to an over four-year low, contracting 3.2 percent in November, while retail inflation inched up in December, a set of data which RBI will consider in its monetary policy review next month.
Jan 12, 2016, 23:22 PM IST
India's IIP growth suffers sharpest fall in more than 4 years
India's annual industrial output contracted in November, its worst performance in more than four years, while retail inflation picked up, complicating the central bank`s task of steering monetary policy at a time of international deflation.
Jan 12, 2016, 19:35 PM IST
India sees firming economic growth, says OECD
India is witnessing firming economic growth while most of the developed economies are seeing mixed trends, according to Paris-based think tank OECD.
Jan 11, 2016, 19:25 PM IST
India to remain bright spot in global economy: World Bank
In its latest Global Economic Prospect report - which is released every six months -- the World Bank marginally reduced India's growth rate -- 0.2 percent in 2015 and 0.1 percent in both 2016 and 2017.
Jan 07, 2016, 10:56 AM IST
India weighs fiscal stimulus in new budget despite fast economic growth
India claims to be the world`s fastest-growing major economy, yet the government might break its budget deficit targets to stimulate demand, potentially undermining the central bank`s fight against inflation.
Jan 05, 2016, 15:55 PM IST
'India fastest growing economy despite global slowdown, four droughts'
India has emerged as the world's fastest growing economy notwithstanding global demand slowdown and four droughts, Chief Economic Advisor Arvind Subramanian said Friday.
Jan 01, 2016, 20:30 PM IST
India needs additional 1.5% growth to sustain wage hikes, benefits
India needs to grow by additional 1-1.5 percent so that it can sustain wage hike and other benefits given to workers and the poor, Finance Minister Arun Jaitley said Wednesday.
Dec 30, 2015, 16:51 PM IST
Indian economy likely to grow at 7-7.5% in 2016: Kaushik Basu
Until October, the World Bank retained India's growth forecast at 7.5 percent for 2015-16 and expected it to be 7.8 percent in 2016-17 and 7.9 percent in 2017-18.
Dec 29, 2015, 18:42 PM IST
'India on path to gradual, uneven recovery'
The global brokerage firm further noted that in the short term, macroeconomic fundamentals may not have a positive correlation with market returns.
Dec 29, 2015, 15:32 PM IST
India, US are two engines of growth amid bleak global scenario: Kaushik Basu
In this bleak global scenario, the US among the rich economies and India among the emerging economies are the two engines of growth, World Bank chief economist Kaushik Basu said.
Dec 28, 2015, 13:58 PM IST
