India a bright spot despite disruptive reforms: Survey
India continues to remain an economic bright spot despite some bold but disruptive reforms, according to a recent survey.
Apr 25, 2017, 20:23 PM IST
Build economy first, then aircraft carriers: Chinese daily to India
India should focus more on its economy rather than building its aircraft carriers to check China`s increasing presence in the Indian Ocean, an influential daily said on Monday.
Apr 24, 2017, 14:59 PM IST
India's growth projected to bounce back in 2018: IMF
The IMF on Friday said that post demonetisation, India's growth is projected to rebound to 7.2 percent in fiscal year 2018 and further to 7.7 percent the next year.
Apr 21, 2017, 19:24 PM IST
UBI can work only if welfare schemes are phased out: CEA
The radical idea of giving free money under a universal basic income plan to reduce poverty can work in India only if the plethora of welfare schemes are phased out, Chief Economic Adviser Arvind Subramanian has said.
Apr 19, 2017, 16:10 PM IST
IMF cuts India's growth forecast to 7.2% for 2017
The IMF on Tuesday trimmed India's annual growth forecast by 0.4 percentage points to 7.2 percent for 2017, citing the impact of demonetisation.
Apr 18, 2017, 18:57 PM IST
Need to reduce 'friction' in businesses in India: Narayana Murthy
To transform India's economy, there is a need to reduce "friction" in businesses and create an "environment" wherein the government has more trust in its entrepreneurs, Infosys founder N R Narayana Murthy has said.
Apr 13, 2017, 14:00 PM IST
Keep fiscal deficit at 3% till March 2020, says FRBM panel
The government should target a fiscal deficit of 3 percent of the GDP in years up to March 31, 2020, the Fiscal Responsibility and Budget Management (FRBM) Committee has recommended.
Apr 12, 2017, 19:38 PM IST
Care sees GDP clipping at 7.5-8% in FY18 if monsoon is normal
Rating agency Care on Tuesday said it expects GDP growth to accelerate to 8 percent next financial year and flagged monsoon as the only area of concern that may scupper this.
Mar 28, 2017, 20:46 PM IST
India slips one position in Human Development Index rank to 131, Norway No.1
India came down by one slot and was ranked 131st among 188 countries on Human Development Index (HDI) 2016 released by the United Nations Development Programme (UNDP).
Mar 22, 2017, 18:15 PM IST
India GDP growth to slow to 6.7% in Jan-Mar 2017: Nomura
India's GDP growth is expected to slow to 6.7 percent in the January-March quarter of this fiscal year as overall activity is yet to bounce back to levels seen prior to demonetisation, says a Nomura report.
Mar 22, 2017, 15:46 PM IST
India's exports up for 6th straight month, post double digit growth in February
India's exports exhibited a double digit growth of 17.48 percent, valued at USD 24.5 billion in February compared to USD 20.84 billion during the same month last year on increase in shipments of non-petroleum, non gems and jewellery products.
Mar 15, 2017, 19:14 PM IST
Report on demonetisation's impact next month: Parl panel
A key Parliamentary panel is likely to submit its report on the impact of demonetisation next month after reviewing various submissions, including by RBI Governor Urjit Patel.
Mar 07, 2017, 17:54 PM IST
Demonetisation impact on GDP may be seen this quarter; remonetisation should be completed in 2-3 months: RBI
Demonetisation impact on GDP may be seen in the current quarter in some segments, while the remonetisation excersise should be completed in 2-3 months, RBI Deputy Governor Viral V Acharya said on Monday.
Mar 06, 2017, 20:53 PM IST
FY17 GDP to grow at 6.9%, will recover to 7.2% in FY18: BofAML
India is expected to clock a GDP growth of 6.9 percent this fiscal, which is likely to recover to 7.2 percent in 2017-18, says a Bank of America Merrill Lynch (BofAML) report.
Mar 01, 2017, 14:12 PM IST
GST adoption could raise India's medium-term GDP to over 8%: IMF
The adoption of the GST could help raise India's medium-term GDP growth to over eight percent and create a single national market for enhancing the efficiency of the movement of goods and services, the IMF said Wednesday.
Feb 22, 2017, 20:51 PM IST
India's GDP growth projected to slow to 6.6% post-demonetisation: IMF
India's growth is projected to slow to 6.6 percent in 2016-17 fiscal due to the strains that have emerged in the economy as a result of "temporary disruptions" caused by demonetisation, the IMF said Wednesday.
Feb 22, 2017, 20:44 PM IST
It's important one grows a thick skin fast, says RBI Guv Urjit Patel
Unfazed by criticism of the way the note ban was handled, RBI Governor Urjit Patel on Friday said the central bank has grown a thick skin fast doing its job and stressed that the economy will make a "sharp V" recovery after a short drop.
Feb 17, 2017, 15:46 PM IST
India's GDP to expand post demonetisation: Meghwal
Demonetisation of old high value currency and the government's push towards digital economy will definitely expand India's GDP, Minister of State for Finance Arjun Ram Meghwal said on Thursday.
Feb 16, 2017, 15:47 PM IST
Budget 2017 to continue govt's transformation drive: Govt
Finance Ministry on Wednesday said the drive to transform India will continue in Budget 2017-18 to be unveiled by Finance Minister Arun Jaitley on February 1.
Jan 25, 2017, 21:25 PM IST
Demonetisation effect temporary, will make economy more transparent in the long run: President
President Pranab Mukherjee on Wednesday said demonetisation may have led to "temporary" slowdown in economy but it will bring more transparency in the system.
Jan 25, 2017, 19:54 PM IST
