Fitch lowers India's growth forecast to 6.9%
Fitch Ratings said the global economy has improved markedly this year and is on course to recording its fastest expansion since 2010.
Oct 02, 2017, 19:03 PM IST
Govt needs to take measures to push growth: C Rangarajan
The economy needs to grow at 7 per cent in three quarters even to have a growth rate of 6.5 per cent for the year as a whole, the eminent economist said.
Oct 01, 2017, 17:40 PM IST
PM's crop cover pushes insurance penetration past 1% in FY17
While the company has come out of the bad times, he said they have to shore up the capital base and the forthcoming IPO and the number of strategies it has adopted will it improve the capital base.
Oct 01, 2017, 15:52 PM IST
External debt of India rises to $485.8 billion at June-end
The share of short-term debt (original maturity) in total external debt decreased to 18.3 per cent at June-end 2017 from 18.6 per cent at March-end 2017.
Sep 29, 2017, 19:41 PM IST
Fiscal deficit touches 96.1% of budget estimate at Aug-end
In the comparable period last fiscal, revenue receipts comprising taxes and other items were 28 per cent of the target.
Sep 29, 2017, 18:20 PM IST
FPIs can buy corp debt limit worth Rs 9,500 crore in infra sector
Sovereign wealth funds, multilateral agencies, insurance funds, pension funds and foreign central banks are long term FPIs.
Sep 29, 2017, 17:38 PM IST
Govt finalising electoral bonds scheme: Finance Minister
The bonds will not carry the name of the donor and routing of the money through banks will ensure that only tax paid money comes into the political system.
Sep 28, 2017, 23:13 PM IST
Economy suffering from minor cold: Bibek Debroy
Debroy, who is also Chairman of the Prime Minister`s Economic Advisory Council, said while there may be some minor problems with the economy, it was nothing to be worried about.
Sep 28, 2017, 23:07 PM IST
Government keeps option of financial stimulus open
Garg also added that the government was confident of meeting the fiscal deficit target of 3.2 per cent in the current financial year.
Sep 28, 2017, 22:54 PM IST
Economy remark: Arun Jaitley counters Yashwant Sinha, calls him 'job applicant at 80'
Replying to criticism made by Yashwant Sinha, Jaitley said on Thursday that he doesn't have the luxury of being a former finance minister.
Sep 28, 2017, 20:41 PM IST
Govt plans to borrow Rs 2 lakh crore in H2, FY18
To finance the fiscal deficit for the current financial year, the Budget has pegged gross borrowing at Rs 5.8 lakh crore and net borrowing at Rs 4.25 lakh crore.
Sep 28, 2017, 18:58 PM IST
Economic downturn has ended, more growth in 2 quarters: Niti Aayog
The Niti Aayog vice chairman also pointed out that in manufacturing and services PMI, the lowest point reached in July and therefrom it has started rising.
Sep 27, 2017, 17:24 PM IST
RBI to keep rates steady in October, cut growth forecast
Economic growth slowed to a three-year low last quarter, prompting some economists to lower their outlook.
Sep 27, 2017, 12:42 PM IST
Scope for RBI rate cut; fiscal stimulus 'less likely': ADB
The committee is scheduled to come out with next bi-monthly monetary policy decision on October 4.
Sep 26, 2017, 18:26 PM IST
Arun Jaitley says planning steps to address growth concerns
Growth in Asia`s third-largest economy slowed to a three-year low of 5.7 percent in the quarter that ended in June, and Jaitley last week said that New Delhi was looking for ways to speed it up.
Sep 25, 2017, 18:04 PM IST
Govt stimulus to boost economy in the works
Chief Economic Advisor Arvind Subramanian has been tasked with preparing details of the pressure points facing the economy and the probable remedies.
Sep 24, 2017, 13:37 PM IST
Delighted to take on challenge of economy: Arvind Subramanian
The `JAM agenda` aims at empowering the economic stature of the poor, and raise efficiency by reducing leakages and market distortions.
Sep 23, 2017, 15:50 PM IST
Reviving private investment, strengthening banks a challenge: FM Jaitley
The Indian economy has the resilience and entrepreneurial vision, Jaitley said while exuding confidence that there is a will in the government to carry out reforms.
Sep 22, 2017, 18:38 PM IST
Stimulus package should focus on raising capex: C Rangarajan
On demonetisation, he said adequate preparation by the central bank could have reduced the pain which people had to undergo on account of ban on high value notes last November.
Sep 22, 2017, 16:14 PM IST
Jaitley pledges to find resources to support debt-laden banks
Jaitley said stressed bank assets have become a "concern" for the economy. Bad loans have crimped the ability of Indian lenders to offer new credit.
Sep 22, 2017, 13:50 PM IST
