India's economy

Govt to encourage public-private partnership in food processing: PM

Prime Minister Narendra Modi on Wednesday said his government will boost infrastructure facilities required for the agriculture and food processing sector through Public-Private Partnership.

Sep 24, 2014, 13:14 PM IST

8% GDP growth possible in next 2-3 years: Chidambaram

Former Finance Minister P Chidambaram on Tuesday said India can achieve 8 percent growth in the next 2-3 years by following the path of fiscal prudence.

Sep 23, 2014, 16:01 PM IST

India and China look to put knotty relations on new footing

India`s new prime minister, Narendra Modi, is determined to build closer relations with the world`s second-largest economy, whose leader comes with pledges to invest billions of dollars in railways, industrial parks and roads.

Sep 17, 2014, 09:00 AM IST

India may be among top exporters by 2030: HSBC

India has the potential to become the world's fifth largest exporter of goods by 2030 in value terms, says HSBC Trade Forecast.

Sep 16, 2014, 15:04 PM IST

Manufacturing may not out be out of the woods, says India Inc

With IIP growth easing to a four-month low, India Inc today said manufacturing may not out be out of the woods even as it hoped for positive investment and infrastructure driven environment to boost growth.

Sep 12, 2014, 19:53 PM IST

Recovery hopes recede as IIP growth slips to 0.5% in July

For the first four months of 2014-15 fiscal, IIP has recorded 3.3 percent growth, as against a contraction of 0.1 percent in the April-July period of 2013-14.

Sep 12, 2014, 19:50 PM IST

Industrial output growth slows to 0.5% in July

Showing signs of sluggishness in the economy, growth rate of industrial production slowed to 0.5 percent in July, as against 3.4 percent in June.

Sep 12, 2014, 17:39 PM IST

'India Inc happy with Narendra Modi, but holding back on investment'

CEOs in India are optimistic that Prime Minister Narendra Modi will spur the economy, an opinion poll showed on Thursday, but most are not ready to make new investments and say there are no signs yet of improvement on the ground.

Aug 28, 2014, 15:54 PM IST

Balanced growth can take India to the pinnacle: Narendra Modi

Prime Minister Narendra Modi on Thursday said a balanced development of all states was required to take India to the "pinnacle of development" and emphasised on stable governments to reach the goal.

Aug 21, 2014, 18:28 PM IST

June quarter GDP to be at 6%; FY15 GDP at 5.4%: BofA-ML

India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 percent up from 4.6 percent in March, driven up by higher industrial growth, a Bank of America Merrill Lynch report says.

Aug 21, 2014, 17:59 PM IST

India to grow at 5.8% in 2014-15: Mayaram

The Finance Ministry on Thursday said the growth rate in the current financial year will accelerate to 5.8 percent, better than previous estimates, saying the green shoots of economic recovery are now visible.

Aug 21, 2014, 15:34 PM IST

Cabinet approves Digital India Project

The Union Cabinet on Wednesday approved Digital India Project to transform the country into digitally empowered and knowledge economy.

Aug 20, 2014, 20:35 PM IST

India seeks Singapore investments in infrastructure projects

India on Saturday sought investments from Singapore in its infrastructure and connectivity projects along the ambitious Delhi-Mumbai and Chennai-Bangalore industrial corridors as well as in the North Eastern region.

Aug 16, 2014, 18:04 PM IST

Arun Jaitley for rationalising subsidies

Finance Minister Arun Jaitley on Saturday said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.

Aug 16, 2014, 16:15 PM IST

'Come, Make in India', Modi tells global investors

Prime Minister Narendra Modi on Friday invited the global business community to set up manufacturing facilities in India giving the slogan 'come, make in India'.

Aug 15, 2014, 08:38 AM IST

RBI chief Rajan calls for better bankruptcy laws

Reserve Bank of India (RBI) governor Raghuram Rajan on Wednesday said the country was in need of clearer procedures when companies go bankrupt and called for new rules to remedy the situation.

Aug 14, 2014, 09:37 AM IST

We have ended policy paralysis: Arun Jaitley

"In the past 75 days, we have restored the credibility of the economy...broke policy paralysis and tax terrorism," Arun Jaitley added.

Aug 09, 2014, 13:01 PM IST

Modi sticks to failed recipe in India's food-inflation fight

Economists who had backed Modi to put Asia`s third largest economy back on track are already expressing unease at the government`s failure.

Aug 08, 2014, 09:03 AM IST

India Ratings ups GDP growth estimate to 5.7%, predicts fiscal slippage

The agency said industrial growth will improve to 5.1 percent as against the earlier estimate of 4.1 percent.

Aug 07, 2014, 16:01 PM IST

'India reached inflection point, economy may recover in 2015'

Japanese brokerage house, Nomura on Wednesday said India has reached an "inflection point" and the economy is likely to recover in 2015.

Aug 06, 2014, 21:09 PM IST