All policy planners want low interest rate, says FM Jaitley
Pitching for an interest rate cut to boost growth, Finance Minister Arun Jaitley on Friday said everyone, including policy planners, wants lower rates, but emphasised he would not like to influence RBI's decision on the issue.
Sep 18, 2015, 17:44 PM IST
Indian economy an 'exception'; to grow 7.2% this fiscal: OECD
India is projected to grow at a slightly lower pace than expected earlier at 7.2 percent this fiscal but the country is an "exception" to the worsening picture in major emerging economies, says OECD.
Sep 16, 2015, 19:37 PM IST
Time is ripe for up to 1% rate cut by RBI: Arvind Panagariya
Pitching for rate cut by the Reserve Bank, NITI Aayog Vice-Chairman Arvind Panagariya on Thursday said that "time is ripe" for 0.5 percent to 1 percent reduction in benchmark lending rates.
Sep 10, 2015, 15:17 PM IST
Indirect tax collections grow 36.5% to Rs 2.63 lakh crore
Indirect tax collections rose 36.5 percent in April-August to over Rs 2.63 lakh crore, suggesting that the underlying momentum in the economy is strong, the Finance Ministry said Wednesday.
Sep 09, 2015, 19:18 PM IST
Indian economy sees 'firming growth', says OECD
Amid the global economy witnessing mixed trends, Paris-based think tank OECD on Tuesday said India is expected to see "firming growth" while the outlook for China continues to deteriorate.
Sep 08, 2015, 20:01 PM IST
Global economic situation an opportunity for India: Jaitley
Describing India as transiently impacted by recent events in China, Finance Minister Arun Jaitley on Tuesday said the global situation instead presented an opportunity for the country as it is a net importer of commodities and oil is in free fall.
Sep 08, 2015, 18:35 PM IST
PM Modi seeks to capitalise on China's market woes
Modi reportedly urged business leaders including Reliance Industries owner Mukesh Ambani -- India`s wealthiest man -- to take greater risks and scale up investments as concerns over China`s economy grow.
Sep 08, 2015, 18:07 PM IST
UBS cuts India's growth forecast to 7.1% for FY16
Swiss brokerage UBS has revised downwards India's GDP growth projection for the current fiscal to 7.1 percent, from 7.5 percent earlier, on account of weaker external demand prospects.
Sep 08, 2015, 16:13 PM IST
PM Modi asks industry to risk and invest more; promises to improve ease of doing business
Several industry leaders meanwhile pitched for interest rate cut saying it would help them take risks and scale up investments.
Sep 08, 2015, 14:02 PM IST
Congress should allow GST passage for accelerating growth: Naidu
Racing against time to ensure passage of GST Bill in Parliament, government on Saturday said it wants an extended Monoson session so that the Constitutional amendment bill can be approved and appealed to Congress to support the key reform to accelerate the country's growth.
Sep 05, 2015, 20:38 PM IST
Global volatility to benefit India in medium term: Edelweiss
The present global volatility will benefit India in the medium to long term and the country's macro-economic parameters are very strong, financial services firm Edelweiss group chairman and CEO Rashesh Shah said Friday.
Sep 04, 2015, 19:24 PM IST
India's 2015-16 GDP growth still seen at around 8%: Subramanian
The Indian economy is still expected to grow around 8 percent in the fiscal year to March 2016, said the chief economic adviser at the finance ministry on Tuesday.
Sep 02, 2015, 14:11 PM IST
Global turmoil an opportunity for India to overtake China: Foreign Media
Seeing an opportunity in the recent turmoil in China's equity and currency markets, Foreign media is saying India can overtake China as the driver of world economy.
Aug 28, 2015, 12:46 PM IST
Uncertain monsoon still a risk to growth, inflation: RBI
The Reserve Bank on Thursday said uncertainty in the progress and distribution of monsoon, a key factor in performance of the farm sector, continues to be a risk for both growth as well as the inflation outlook.
Aug 27, 2015, 18:33 PM IST
India can replace China as driver of global growth: FM Jaitley
Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley Thursday said India, with 8-9 percent growth rate, can replace China as the driver of world economy.
Aug 27, 2015, 16:44 PM IST
Long way to go for India to become global growth engine: Rajan
RBI Governor Raghuram Rajan has said it will be "a long time" before India can replace China as a growth engine for the global economy, even if it grows at a faster rate.
Aug 26, 2015, 12:51 PM IST
Due to Parl session washout, Indian economy couldn't achieve expected boom: Rajnath
Union Home Minister Rajnath Singh on Saturday termed as "painful" washout of monsoon session of Parliament and said due to which important legislations could not be passed and expected boom in economy could not be achieved.
Aug 22, 2015, 23:40 PM IST
Five million jobs lost during high growth years: Assocham study
Experts argue that the growth of manufacturing will be the key for growth in income and employment for multiple reasons.
Aug 22, 2015, 21:36 PM IST
NCAER predicts economic growth at 7.5% this fiscal
It said the turbulences in the world economy adds uncertainty to the Indian economy.
Aug 21, 2015, 23:56 PM IST
Optimistic about $20 trillion economy size in 20 years: Prabhu
Union Railway Minister Suresh Prabhu on Friday said he was optimistic about the Indian economy growing to USD 20 trillion in size over the next 20 years.
Aug 21, 2015, 20:48 PM IST
