India's sovereign rating upgrade likely in 2015: Report
Improving external balances and government actions may drive a sovereign rating upgrade for the country during the current calendar year, according to a report by Deutsche Bank (DB).
Jan 09, 2015, 00:43 AM IST
Services growth eased in December, prices barely rise
India's dominant service industry eased off the accelerator in December and firms barely raised prices, increasing pressure on the Reserve Bank of India (RBI) to loosen monetary policy soon, a survey showed on Tuesday.
Jan 06, 2015, 17:01 PM IST
India on track to 5.5% GDP growth; falling oil to help reforms
India is on track to achieve projected 5.5 percent economic growth rate in 2014-15 as declining oil prices present a golden opportunity for many beneficial reforms, Asian Development Bank said on Wednesday.
Dec 17, 2014, 19:57 PM IST
CAD likely to be 1.6% of GDP in FY15: Nomura
India's current account deficit is likely to be around 1.6 percent of GDP in the current financial year amid higher imports, Japanese brokerage firm Nomura has said.
Dec 17, 2014, 14:34 PM IST
India Inc dismayed over poor IIP nos, wants RBI to cut rates
Overall, 16 of the 22 industry groups in manufacturing showed negative growth in October.
Dec 12, 2014, 21:30 PM IST
Dip in factory output, low inflation raise rate cut clamour
Industrial production saw the sharpest contraction in three years of 4.2 percent in October, though retail inflation dipped to 4.3 percent.
Dec 12, 2014, 18:55 PM IST
IIP plunges to 3-year low; contracts 4.2% in October
India's industrial output growth rate contracted by 4.2 percent in October, dragged down by a fall in the manufacturing and the capital goods sector.
Dec 12, 2014, 17:43 PM IST
Govt working overtime to push reforms; GDP to rise to 6-6.5%: FM
He further said the government decontrolled diesel and would take more steps to streamline public expenditure and rationalise subsidies after receiving the report of the Expenditure Commission.
Dec 12, 2014, 16:41 PM IST
Government working overtime to push reforms: Jaitley
India's economic growth rate will accelerate to 6.5 percent next year and 7 percent thereafter, Finance Minister Arun Jaitley said on Friday.
Dec 12, 2014, 14:51 PM IST
Retrospective tax has only brought bad name to India: Jaitely
Retrospective tax has only brought bad name to India, instead of garnering more taxes, Finance Minister Arun Jaitley said in Lok Sabha Wednesday.
Dec 10, 2014, 18:47 PM IST
Rise in current account deficit not matter of concern: Arun Jaitley
The CAD in second quarter this fiscal increased on account of higher trade deficit contributed by deceleration in export growth and increase in imports.
Dec 09, 2014, 15:13 PM IST
India to be fastest growing economy in 2-3 years: Mukesh Ambani
India will surpass China as the world's fastest growing economy in the next 2-3 years, and the fall in global oil prices at this juncture is a "gift" for the country's growth prospects, top industrialist Mukesh Ambani has said.
Dec 04, 2014, 15:42 PM IST
Govt to go ahead with reforms to achieve 8% growth: Jaitley
Jaitley said Modi has put young people in charge of key economic ministries because they will have a fresh thinking and the ability to learn fast.
Nov 29, 2014, 22:32 PM IST
Slowdown expected during second quarter: ICRA
Ratings firm ICRA Research on Tuesday maintained its forecast of India`s growth during the current fiscal at 5.3-5.5 percent but predicted a slower pace of economic activity in the second quarter of 2014-15.
Nov 25, 2014, 20:10 PM IST
'India can become $5 trillion economy in 10-12 years'
India can become USD 5 trillion economy in the next 10 years if it grows at an average 7-8 percent, Minister of State for Finance Jayant Sinha said Tuesday.
Nov 25, 2014, 19:52 PM IST
'India needs consistent infrastructure push for double-digit growth'
To achieve double-digit growth, India would require consistent infrastructure push and development all the way up to 2050, Yes Bank CEO and Managing Director Rana Kapoor has said.
Nov 21, 2014, 19:32 PM IST
India coming out of economic slowdown: OECD
The economy is to expand by 5.4 percent this fiscal, OECD said adding India was recovering faster than other economies which faced slowing growth.
Nov 19, 2014, 17:51 PM IST
FMs thoughts, actions to augur well for economy, equities: Citi
Government's reform measures on GST, labour and land acquisition laws should augur well for the economy and equity markets, global brokerage firm Citigroup said on Tuesday.
Nov 18, 2014, 20:56 PM IST
Economy may expand at 5.6% in FY15: Fitch
India's economic growth is expected to pick up to 5.6 percent in the current fiscal on account of structural reforms being rolled-out by the government, Fitch Ratings said on Tuesday.
Nov 18, 2014, 18:06 PM IST
Industrial output grows at 3-month high of 2.5% in Sept
Showing signs of recovery, industrial production grew at three-month high of 2.5 percent in September, mainly on account of better mining and manufacturing output and larger offtake of capital goods.
Nov 12, 2014, 19:31 PM IST
