India to be world's fastest growing big economy by 2017: World Bank
Fuelled by economic reforms, India is projected to become the world`s fastest growing large economy by 2017 with a growth rate of seven percent, overtaking China along the way, a World Bank report said Tuesday.
Jan 14, 2015, 23:37 PM IST
Indian economy sees growth momentum firming: OECD
Showing positive signs, India's economic growth is firming up even as mixed trends are projected for most of the developed and developing nations, according to Paris-based think tank OECD.
Jan 12, 2015, 18:32 PM IST
Govt confident of achieving fiscal deficit target of 4.1%
The government is committed to containing fiscal deficit at 4.1 percent of the Gross Domestic Product (GDP) this fiscal, Minister of State for Finance Jayant Sinha said on Friday.
Dec 26, 2014, 16:35 PM IST
GDP likely to grow 6.4% in 2015
The country's Gross Domestic Product (GDP) is likely to grow at a rate of 6.4 percent on the back of pick-up in investment cycle in 2015, says a report.
Dec 24, 2014, 20:55 PM IST
RBI may cut rates early next year: Rangarajan
The Reserve Bank of India may go for rate cut early next year as price situation is showing 'definite improvement', former chairman of Prime Minister's Economic Advisory Council, C Rangarajan said on Thursday.
Dec 18, 2014, 17:44 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
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
Nomura upbeat on India, sees FY15 GDP growth at 5.5%
India is heading towards growth with macroeconomic stability and its economy is likely to expand at 5.5 percent in the current fiscal, Japanese brokerage firm Nomura said Friday.
Dec 05, 2014, 22:52 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 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
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
Govt to address labour issues, infrastructure deficit soon: Jaitley
The government plans to address labour issues, infrastructure deficit and high cost of capital soon to meet the "uphill tasks" of raising share of manufacturing in GDP from 15 to 25 percent, Finance Minister Arun Jaitley said here Wednesday.
Nov 12, 2014, 13:12 PM IST
'Bullish' UBS sees Nifty at 9,600 points by Dec 2015
On sector positioning and top picks, UBS said it remains overweight on banks, oil & gas, power, telecom and media
Nov 11, 2014, 19:51 PM IST
India for clearing hurdles to movement of services within G-20
Ahead of the G-20 Summit, India on Sunday pitched for removal of impediments to movement of services within the group of 20 most advanced and fast developing member nations.
Nov 09, 2014, 22:07 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
Stock markets retreat from record highs on profit-booking
The CNX 50-share Nifty moved down by 1.30 points, or 0.02 percent, to finish at 8,337.00.
Nov 07, 2014, 17:00 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
8% GDP growth possible in next 2-3 years: Chidambaram
Former Finance Minister P Chidambaram on Tuesday said India can achieve 8 percent growth in the next 2-3 years by following the path of fiscal prudence.
Sep 23, 2014, 16:01 PM IST
