India's economy

India 'only major economy' to see improved momentum: OECD

India is the "only major economy" that is projected to see a pick up in growth momentum whereas mixed trends are predicted for the developed world, Paris-based think tank OECD said on Wednesday.

Nov 12, 2014, 19:21 PM IST

CII says Cabinet expansion will improve focus on economy

Echoing the sentiments of India Inc, the Confederation of Indian Industry (CII) on Sunday congratulated the new members of Prime Minister Narendra Modi`s ministerial council and said the ministry-expansion will help improve the focus on economic recovery.

Nov 09, 2014, 18:10 PM IST

Arun Jaitley pledges land, tax reforms

India will push ahead with tough land acquisition and tax reforms aimed at boosting investment and kickstarting the economy, Finance Minister Arun Jaitley said on Sunday.

Nov 09, 2014, 17:13 PM IST

Time's ticking fast on Modi govt's feel good wave: Parekh

Parekh also said that India currently has "exceptionally good conditions" in place to aspire for 10 percent economic growth but much needs to be done to achieve that target.

Nov 09, 2014, 16:42 PM IST

Arun Jaitley vows to amend Land Act, promises non-aggressive tax policy

Finance Minister Arun Jaitley on Sunday promised a reasonable and rational tax policy, which will not be "ultra-aggressive" with tax payers, to make India a hub of low-cost manufacturing.

Nov 09, 2014, 15:15 PM IST

Modi's govt frees diesel prices, easing state grip on economy

The decision is providing a fillip to investor hopes that the government may take more steps to modernise India`s economy and revive stumbling growth.

Oct 19, 2014, 00:22 AM IST

Maharashtra, Haryana elections could unlock Modi's reform push

Modi`s caution has disappointed some investors who feel he has moved too slowly on reform despite winning the first parliamentary majority in more than 30 years on promises of reviving the economy and jobs.

Oct 15, 2014, 13:41 PM IST

IIP growth remains subdued, industry demands bold reforms

Industrial production growth slowed down to five-month low of 0.4 percent in August mainly due to contraction in manufacturing output and lower offtake of consumer goods.

Oct 10, 2014, 18:50 PM IST

Industrial production growth disappoints; August IIP at 0.4%

Dashing hopes of quick recovery, industrial output for August slowed to 0.4 percent due to contraction in manufacturing and poor offtake of capital goods.

Oct 10, 2014, 17:46 PM IST

India's services growth quickened in September

Growth in services activity picked up pace in September as order books filled up at a faster rate, a business survey showed on Tuesday.

Oct 07, 2014, 10:49 AM IST

India to grow 5.6% this fiscal, 6.5% in FY'16: Fitch

India's growth is expected to accelerate to 5.6 percent in the current fiscal and further to 6.5 percent in 2015-16, buoyed by strong investments and political certainty, rating agency Fitch said on Wednesday.

Oct 01, 2014, 13:55 PM IST

RBI projects GDP growth to accelerate to 6.3% next fiscal

The RBI on Tuesday said the country's GDP growth, which it estimates to be 5.5 percent in the current fiscal, will improve to 6.3 percent in 2015-16.

Sep 30, 2014, 14:46 PM IST

US eyes defence, aerospace deals worth $3-5 billion with India

Modi's visit also comes at a time when his government is looking to attract more foreign investment as part of efforts to bolster the country's economy.

Sep 28, 2014, 20:25 PM IST

GDP growth could touch 5.9% this fiscal: Finance Secretary

Confident of a rating upgrade, Finance Secretary Arvind Mayaram on Friday said growth rate in the current fiscal will be in range of 5.5-5-9 percent, exceeding Standard and Poor's estimate of 5.5 percent.

Sep 26, 2014, 19:32 PM IST

S&P's stable outlook spells better times ahead: Analysts

Welcoming Standard and Poor's (S&P) move to revise the country outlook to stable from negative, market experts on Friday said the country is entering into faster than expected growth mode.

Sep 26, 2014, 19:09 PM IST

Expert Views: S&P upgrades outlook for India rating to 'stable' from 'negative'

India is now rated at the lowest investment grade with a "stable" outlook by all three major global credit agencies.

Sep 26, 2014, 16:27 PM IST

Narendra Modi effect: S&P upgrades India`s credit outlook to stable from negative

Global rating agency Standard & Poor's (S&P) has revised India's credit outlook to stable from negative.

Sep 26, 2014, 14:54 PM IST

'Make in India' campaign launch: As it happened

Unveiling 'Make in India' initiative, Modi said industrialists don't come because of incentives, need to create development and growth-oriented environment

Sep 25, 2014, 11:01 AM IST

Narendra Modi to woo US business on visit aimed at healing ties

Prime Minister Narendra Modi will on Friday begin his first visit to the United States, seeking to promote his country as open for business and to mend ties after a bitter diplomatic row last year.

Sep 25, 2014, 08:27 AM IST

'Make in India' lauch event begins

Seeking to make the country a global manufacturing hub, Prime Minister Narendra Modi will launch the ambitious 'Make in India' campaign in the presence of global and domestic CEOs on Thursday.

Sep 25, 2014, 07:55 AM IST