Ministry of External Affairs also contributed to 53% FDI growth: Sushma Swaraj
External Affairs Minister Sushma Swaraj said on Sunday that the role of her ministry is undergoing transformation, as apart from diplomatic functions, now it is also acting as a catalyst to national development.
Oct 23, 2016, 18:21 PM IST
India and China only countries that can drive economic growth across globe: Sri Lankan PM
Sri Lankan Prime Minister Ranil Wickramasinghe marked out India and China as the only countries that can drive economic growth across the globe and manufacturing companies have no other place to go.
Oct 06, 2016, 13:35 PM IST
Indian economy to grow at slower pace, 8% growth not before 2018-19: Fitch
Fitch also said that RBI, led by its new Governor Urjit Patel, is expected to cut its policy rate by 25 basis points to 6.25 percent before the end of 2016, followed by one more rate cut in 2017.
Oct 03, 2016, 18:12 PM IST
Oversupply in crude may lead to pressure on its price
Oversupply in crude may lead to pressure on its price. Watch this special segment and get to know more here.
Sep 14, 2016, 15:46 PM IST
State Bank of India mulls 0.25% interest rate cut
State Bank of India (SBI) Chairperson Arundhati Bhattacharya says a 25 basis points cut in interest rates was in the offing and that an improvement in the financial health of India`s banking sector was closely linked to the overall performance of the economy.
Sep 11, 2016, 15:40 PM IST
Slowdown in Islamic finance to run into 2017: S&P
The slowdown in Islamic finance growth is likely to continue through 2017 due to low oil prices and lack of regulation, Standard and Poor`s Global Ratings said Monday.
Sep 05, 2016, 15:58 PM IST
Indian economy needs a strong push: President
New Delhi: Sharing with the students his experience in politics of India post-Independence, President Pranab Mukherjee on Monday stressed on social performance for economic growth of the country.
Sep 05, 2016, 15:27 PM IST
Indian economy to grow at 7.8% in 2016-17: Survey
India's economy is likely to expand 7.8 percent during the current financial year on the back of good monsoons, said economists polled by Ficci.
Aug 30, 2016, 19:37 PM IST
Indian economy to grow at 7.5% this fiscal: Deutsche
The Indian economy is expected to grow 7.5 percent this financial year, a tad lower than the median estimate of 7.6 percent as the economic fundamentals of the country continue to lag, says a Deutsche Bank report.
Jul 31, 2016, 12:20 PM IST
IMF flags decelerating pace of reforms in India; lists six areas for further reforms
Listing out as many as six core areas that need further reforms in India, IMF has warned that headwinds from weaknesses in the country's corporate and bank balance sheets, decelerating pace of reforms and sluggish exports may weigh on its economic growth.
Jul 24, 2016, 15:06 PM IST
7.5% economic growth failed to change people's lives: Jean Dreze
India's average economic growth rate of 7.5 percent in the last 12 years has failed to bring about any significant improvement in the quality of life of the common people, noted development economist Jean Dreze said.
Jul 24, 2016, 14:32 PM IST
Subramanian Swamy says Income Tax can be abolished in 1 week (or within 3 years) – find out how
Swamy has also called for bringing back black money stashed in tax havens abroad and nationalising those funds.
Jun 17, 2016, 12:57 PM IST
India to grow at 7.8% in FY17, led by consumption: DBS
Recovery in the Indian economy is likely to continue and the GDP growth is expected to be higher at 7.8 percent in the current fiscal, although it will be "uneven", propped largely by "strong consumption" and public expenditure, says a DBS report.
Jun 12, 2016, 12:17 PM IST
Economy moving in right direction, need private investment for faster growth: Raghuram Rajan
Stressing on the need for private investment to pick up for faster economic growth, RBI Governor Raghuram Rajan Wednesday said there is "work to do" before celebrating though the economy is moving in right direction.
Jun 08, 2016, 23:47 PM IST
Princeton economist backs Raghuram Rajan's second term at RBI
New Delhi: Backing a second term for RBI Governor Raghuram Rajan, leading Indian-American economist at Princeton University Avinash Dixit said the apex bank chief should have "full operational independence" when it comes to pursuing targets on employment, growth and inflation.
Jun 06, 2016, 13:25 PM IST
Industry lauds 7.6% GDP growth; wants more in current fiscal
After an impressive 7.6 percent GDP growth in 2015-16, industry Wednesday said the economy should expand at even a faster pace in the current fiscal on various reform measures and on expectations for a good monsoon.
May 31, 2016, 22:34 PM IST
Good news for Modi govt: FY16 GDP growth at 7.6%; India now fastest-growing economy in the world
Retaining its place as the world's fastest-growing major economy, India's economy expanded by 7.6 percent in the financial year 201-16, outpacing China once again.
May 31, 2016, 17:54 PM IST
FY18 fiscal deficit target may be set at 3-3.5% than 3%: BofA
Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 percent of the GDP, rather than 3 percent, says a Bank of America Merrill Lynch (BofA-ML) report.
May 20, 2016, 16:00 PM IST
India may expand by 7.7% in current fiscal: Fitch
Fitch Ratings expects India to be on the top of the global growth ladder and expanding by 7.7 percent in the current fiscal, a shade higher than the estimated 7.5 percent in the previous year due to higher disposable income and a likelihood of a normal monsoon.
Apr 11, 2016, 23:54 PM IST
India's GDP to grow at 7.7% in 2017 and 7.5% in 2016: World Bank
According to the World Bank report, the GDP growth in India will be supported by a rebound in agriculture and stimulus from civil service pay reforms.
Apr 11, 2016, 22:38 PM IST
