RBI to focus on bringing inflation down to 4% target
The RBI has projected consumer inflation will hit 6 percent by January 2016 before gradually easing to 4 percent two years later.
Aug 27, 2015, 17:34 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
Industrial output grows at 4-month high of 3.8% in June
Industrial production expanded at a 4-month high rate of 3.8 percent in June due to improvement in manufacturing activity.
Aug 12, 2015, 18:53 PM IST
India's industrial growth rises to 3.8% in June
India's industrial output growth gathered pace in June and rose to 3.8 percent mainly due to a pick up in government spending.
Aug 12, 2015, 17:37 PM IST
Green shoots of economic recovery visible: Survey
The economy is showing signs of a turnaround, albeit moderately, on the back of continued policy actions, implementation and enhanced business and consumer confidence, says a CII ASCON survey that tracks the growth of industrial and services sectors.
Aug 09, 2015, 13:17 PM IST
'India has potential to become multi-trillion dollar economy'
About 55 percent of India's population is already working in the services sector but the country has to aim to bring this to 80-85 percent of the population.
Jul 29, 2015, 17:55 PM IST
Economy would regain over 8% growth soon: President
President Pranab Mukherjee on Monday expressed the hope that economy would regain growth rate of over 8 percent soon and the country's USD 350 billion-plus foreign reserves put India in a comfortable position to deal with global challenges.
Jul 27, 2015, 21:14 PM IST
Growth still not felt on ground; govt needs more time: Premji
A huge fall in oil and other commodity prices has helped the economy in a big way, but growth is still not felt on the ground, top industry leader Azim Premji said Wednesday.
Jul 22, 2015, 23:22 PM IST
Govt's housing scheme can give Rs 15 trillion boost to GDP: Report
The Centre's housing for all project is expected to give the economy a Rs 15-trillion boost over the next 7 years, but its success will depend on ramping up existing urban infrastructure, fast tracking approval process and targeting the actual beneficiary, a study said.
Jul 22, 2015, 21:45 PM IST
India need not worry about US Fed lift-off: Nomura
With the US Fed reiterating its resolve to break from the seven-year of near zero interest rates this year, Japanese brokerage Nomura on Wednesday said India does not have to worry much about its impact as a sustainable recovery is underway in the domestic economy.
Jul 22, 2015, 19:32 PM IST
Economy picking up, need more reforms for strong growth: Rajan
Rajan, known for critical analysis of macroeconomic trends, however said that subdued exports, primarily on account of global factors, remain an area of concern.
Jul 02, 2015, 15:39 PM IST
Government close to appointing new heads of state-run banks: Rajan
Reserve Bank of India Governor Raghuram Rajan said on Thursday the government would soon appoint heads of state-run banks given the importance of acting quickly.
Jul 02, 2015, 14:52 PM IST
Manufacturing growth slackens as order flow turns weak: HSBC
Indicating a slowdown in India's economic upturn, the country's manufacturing sector growth slackened in June as the new order flow hit its lowest level in 10 weeks, an HSBC survey showed on Wednesday.
Jul 01, 2015, 11:42 AM IST
India Inc pats Modi for restoring government credibility
India Inc has lauded Prime Minister Narendra Modi for restoring the government`s credibility by taking steps towards transparency in its functioning.
Jul 01, 2015, 11:35 AM IST
Disappointment creeping in over Modi govt reform pace: Moody's
Flagging subdued rural economy as a 'credit negative' for India's sovereign rating, global giant Moody's on Tuesday said there are growing concerns about risk of policy stagnation and "some disappointment" has emerged over the pace of reforms under the Modi government.
Jun 30, 2015, 11:17 AM IST
Investment in India increasing, says PM Modi
Prime Minister Narendra Modi on Saturday said that investment in the country is increasing and the world is coming to explore the opportunities India has to offer.
Jun 27, 2015, 10:40 AM IST
Additional $60 billion forex needed to fight volatilities: HSBC
As India's forex kitty is growing steadily, foreign brokerage HSBC on Friday said the country needs at least USD 60 billion more in reserves to fight a sustained period of global volatilities.
Jun 26, 2015, 16:19 PM IST
Economic recovery more statistical than real: Yashwant Sinha
Questioning NDA government's claims of economic recovery since it came to power, senior BJP leader Yashwant Sinha has said that growth is up "only statistically" and there are serious issues which still need to be addressed.
Jun 24, 2015, 15:01 PM IST
Monsoon improves prospects for agri, economy: FM Jaitley
After slow progress, the southwest monsoon has advanced rapidly in India.
Jun 23, 2015, 18:54 PM IST
Path to 10% growth not impossible: FM Jaitley
Goods and Services Tax (GST) has the potential to add at least one percent to the GDP of India, Jaitley said adding that last year, India grew by 7.3 percent in terms of GDP.
Jun 20, 2015, 10:08 AM IST
