Raghuram Rajan for calibrated policies to offset US, China developments
RBI Governor Raghuram Rajan on Wednesday said domestic policies need to be carefully calibrated to withstand global headwinds due to China's slowdown and the US rate hike, even though India remains "relatively better placed" to handle volatilities.
Dec 23, 2015, 21:04 PM IST
No crisis on export front, no need for alarm, says Govt
Contraction in exports continued for the 12th month in a row in November which saw 24.43 percent decline in merchandise shipments to USD 20.01 billion amid a global demand slowdown.
Dec 22, 2015, 19:37 PM IST
India's current account deficit narrows to 1.6% of GDP in July-Sept
The July-September CAD is lower than USD 10.9 billion, or 2.2 percent of GDP, in the same quarter of last fiscal.
Dec 22, 2015, 18:39 PM IST
India's energy demand will be double by 2040: Pradhan
India's energy demands will be more than double by 2040 as the economy will grow over five times its current size, Petroleum Minister Dharmendra Pradhan said Monday.
Dec 21, 2015, 20:35 PM IST
Indian economy stagnant, lack of direction in Modi govt: Chidambaram
Asked where was the government lacking, Chidambaram said, "I don't think they have a command over the situation. Where are the jobs they promised, where is the private investment that they said will happen once they come to office?"
Dec 21, 2015, 17:04 PM IST
Goldman pegs India's GDP growth at 7.9% in FY17
Country's GDP is expected to grow by 7.9 percent next fiscal driven by rising domestic demand and higher capital spending by the government, even though global economy will remain anaemic, Goldman Sachs said Wednesday.
Dec 09, 2015, 20:31 PM IST
India to grow at 7.4% this fiscal, says S&P
India's economy will grow at 7.4 percent in the current fiscal, which will further improve to over 8 percent in 2016-17, Standard & Poor's Ratings Services projected Thursday.
Dec 03, 2015, 14:11 PM IST
News Live: Fitch estimates a chance of 8% GDP growth of India in 2016
Fitch estimates a chance of 8% GDP growth of India in 2016. Check out the detailed news in this video.
Nov 12, 2015, 15:59 PM IST
Fiscal deficit to reduce to 3.7% of GDP by FY18: Deutsche Bank
Though two major thrusts like fuel subsidy reduction and capital expenditure compression have driven fiscal consolidation in recent years, hardly any progress has been made in improving revenue collection.
Nov 10, 2015, 16:32 PM IST
Efforts to roll out GST from next fiscal: Jayant Sinha
Regretting at "low" tax payment, the Minister said the Narendra Modi-led government at the Centre, which has a mandate to provide corruption free and transparent regime, had toughened laws to prevent tax evasion and curb black money.
Nov 07, 2015, 20:38 PM IST
India's image of 'written off' economy changed in 17 months: PM Modi
The Prime Minister said before he took office, so much was written about India being on the brink of destruction due to mis-governance and corruption in the country.
Nov 07, 2015, 18:33 PM IST
Economic reforms should be inclusive, broad based: PM Modi
Addressing a gathering of economist at the 6th Delhi Economics Conclave, Modi said that efforts of the government to bring back black money stashed abroad have unearthed Rs 10,500 crore.
Nov 06, 2015, 17:34 PM IST
Services sector growth hits 8-month high in October
India's services sector activity touched an eight-month high in October driven by a significant rise in new business orders even as growth in manufacturing output eased, a Nikkei survey said.
Nov 04, 2015, 13:33 PM IST
GST only a question of time, obstruction won't continue: FM Jaitley
Once the Bill is passed, more than half of the states have to ratify it before Parliament passes another enabling bill to implement GST.
Nov 04, 2015, 13:21 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
Exports dip for 9th month in a row; decline 20.66% in August
The significant slump in country's exports is attributed to global slowdown and declining commodity prices worldwide.
Sep 15, 2015, 18:45 PM IST
PM Modi asks India Inc if China's pain can be India's gain
The International Monetary Fund considers India`s economy a rare bright spot among emerging markets and Modi sees a chance to attract more foreign investment as money flows out of China.
Sep 08, 2015, 13:29 PM IST
China slowdown may have an impact on India: Chinese think tank
Titled 'Can India benefit from Chinese economic slowdown? Think twice,' the article said the success of the Indian economy is more linked to internal factors.
Sep 08, 2015, 13:23 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
Smart City project expected to boost economy
The Centre on Thursday rolled out the ambitious Smart City project and hoped that it will attract investment to boost the economy.
Aug 27, 2015, 19:30 PM IST
