Unlike `97, Asian economies expected to bend, not break
The world market turmoil bears ominous similarities to the contagion that laid Asian economies to waste beginning in 1997: pressure on regional currencies, a worsening trade outlook and slowing growth.
Aug 24, 2015, 23:05 PM IST
Beware of complacency, shouldn't postpone hard choices: Rajan
Reserve Bank Governor Raghuram Rajan Monday cautioned against getting complacent with the strong macro fundamentals of the economy and called for making harder choices in further reforming the structural bottlenecks preventing the economy from achieving its potential growth.
Aug 24, 2015, 22:29 PM IST
Fiscal deficit, inflation under control; economy in revival mode: FM Jaitley
Enthused by increase in indirect tax collections, Finance Minster Arun Jaitley Monday said that the economy is in a revival phase and expected that it will clock a growth rate in excess of 8 percent in 2015-16.
Aug 24, 2015, 16:48 PM IST
HNI wealth up 23% to Rs 128 tn in FY15; equities find favour
The country has witnessed a massive jump both in the number of high networth individuals (HNIs) as well as their net worth with the latter increasing 23 percent over the year to Rs 128 trillion in spite of sluggish economic growth, says a report.
Aug 11, 2015, 20:57 PM IST
Govt capital infusion in PSBs credit positive: Moody's
The government is aiming to improve the Tier 1 capital ratios for all PSU banks.
Aug 06, 2015, 17:09 PM IST
''Greek economy to be one third smaller than at peak level''
A leading economic think tank on Wednesday forecast that Greece`s GDP will shrink this year by three percent and 2.3 percent next year. Thus it will eventually be nearly a third smaller than it was at its peak.
Aug 05, 2015, 23:19 PM IST
Parliamentary logjam holding up GST, other key bills: CII
Continued logjam in Parliament is delaying passage of key Bills like GST, which are crucial for economic growth, industry body CII said Tuesday.
Aug 04, 2015, 17:01 PM IST
Economic recovery work in progress: Rajan
The Reserve Bank on Tuesday retained the growth projection for the current fiscal at 7.6 percent, saying economic recovery is still work in progress though outlook is gradually improving.
Aug 04, 2015, 13:20 PM IST
Infusion of Rs 70,000 cr in PSBs will fuel economic gowth: FICCI
Welcoming government's plan to recapitalise public sector banks with infusion of Rs 70,000 crore over the next four years, FICCI Monday said it augurs well for the banking sector and will help fuel economic growth.
Aug 03, 2015, 23:05 PM IST
India very high on Barack Obama's list of US investments abroad
India is very high on the US list for investments in foreign countries as economic growth across the world remains a priority for President Barack Obama, according to the White House.
Jul 30, 2015, 09:45 AM IST
`74% Indians think country's economic conditions good`
The study concluded that the overall sentiment is largely unchanged from economic sentiment in comparable countries in 2014.
Jul 24, 2015, 10:40 AM IST
China's economic growth outlook still promising: Xi
President Xi Jinping has reassured local governments that China's economy still enjoys a promising outlook despite downward growth pressure pegging it around seven percent.
Jul 19, 2015, 19:44 PM IST
Govt intervention key to sustain growth: India Ratings
India Ratings Monday retained its 7.7 percent growth forecast for this year but called for continuous government interventions to fill the deficits in physical and social infrastructure spaces for long-term higher growth.
Jul 13, 2015, 20:08 PM IST
Strong economic growth in India to revive steel demand: Moody's
Rating agency Moody's Monday projected an increase in demand for steel in India on the back of strong economic growth and revival of infrastructure spending.
Jul 13, 2015, 18:57 PM IST
Indian economy sustainable at 8-10%: Panagariya
India's economic growth will be sustainable at 8 to 10 percent per annum over the longer-term, a top Indian economist said.
Jul 09, 2015, 14:42 PM IST
India sees stable growth momentum; slowdown likely in China, US
The readings are based on Composite leading indicators.
Jul 08, 2015, 17:42 PM IST
Fitch lowers India's FY`16 economic growth projections to 7.8%
Global rating agency Fitch has lowered India's economic growth projections to 7.8 percent for the current fiscal from 8 percent on pick up in demand.
Jul 02, 2015, 08:06 AM IST
OECD urges global finance reforms to fight inequality
The OECD called Wednesday for financial sector reforms to combat inequality and lift economic growth in developed nations.
Jun 17, 2015, 22:26 PM IST
Too soon to hype India's growth story: Chinese think tank
Notwithstanding reports stating that India's GDP will surpass that of China in the coming years, a state-run Chinese think tank Thursday said it is "too early" to hype India's growth rate as it is still facing obstacles.
Jun 11, 2015, 19:56 PM IST
IMF official calls for growth-friendly fiscal policy in Asia
Aging populations and falling birth rates are shrinking labour forces in Asian countries, which will cause economic growth to slow, Mitsuhiro Furusawa, deputy managing director of the IMF, told a forum on fiscal policy on Wednesday.
Jun 10, 2015, 08:51 AM IST
