India continues to see stable growth momentum: OECD
Indian economy is witnessing "stable growth momentum" and mixed trends are seen in other parts of the world including China and the US, according to Paris-based think tank OECD.
Jun 08, 2015, 19:14 PM IST
RBI has to keep inflation under check for growth: Raghuram Rajan
Amidst concern over deficient monsoon and its likely impact on food prices, RBI Governor Raghuram Rajan Wednesday said the central bank needs to keep inflation under check for sustainable economic growth.
Jun 03, 2015, 20:59 PM IST
India poised for strong growth; GDP to rise 7.3% in 2015: OECD
Meanwhile, India has overtaken China to become the world's fastest growing economy by clocking 7.5 percent GDP for the March quarter. In 2014-15, economy grew 7.3 percent, as per figures released by Central Statistics Office last month.
Jun 03, 2015, 18:56 PM IST
India's GDP may grow at 7.7% in FY16: Standard Chartered
The country's economic growth is likely to accelerate to 7.7 percent in the current fiscal on account of improvement in investment and household consumption expenditure, Standard Chartered said in a report.
Jun 01, 2015, 22:18 PM IST
Modi's 2nd year to see gradual reforms as well: Nomura
The brokerage, however, said the broad direction for the reform process will continue to be "positive" in the second year as well.
Jun 01, 2015, 21:16 PM IST
Don't take economic freedom for granted: Raghuram Rajan to students
Making a case for equity, the Governor said the economic freedom must be utilised for increasing efficiencies and called for "fair" distribution of resources.
Jun 01, 2015, 17:53 PM IST
Chinese leader calls for innovation as economic growth slows
The TV coverage of Chinese President Xi Jinping's recent visit to an eastern province was Thursday a tour de force of Communist propaganda, showcasing what's seen as an emerging cult of personality around the country's strongest leader in decades.
May 28, 2015, 22:07 PM IST
More than 22% of Spaniards lived in poverty in 2013: Data
More than 22 percent of people in Spain were living in poverty in 2013, the year the country`s recession officially ended, new official data showed Tuesday.
May 26, 2015, 20:59 PM IST
Direct Tax target of Rs 7.98 lakh cr for FY'16 achievable: Das
The Direct Tax collection target of Rs 7.98 lakh crore for the current financial year is likely to be met on account of improvement in economic growth, government said on Monday.
May 25, 2015, 18:35 PM IST
Eurozone growth falters despite improved employment
The eurozone economy showed unexpected signs of fragility in May, a key survey said Thursday, in a blow to hopes of a swift recovery and despite a welcome increase in employment levels.
May 21, 2015, 15:00 PM IST
India's economic growth to surpass China's in 2015-16: UN
The mid-year update of the UN World Economic Situation and Prospects (WESP), released Tuesday, said India's economy is projected to grow by 7.6 percent this year and 7.7 percent in 2016, overtaking China.
May 20, 2015, 00:04 AM IST
Low interest rates important, but consumer demand key for economic growth: Rajan
Raising concern over central banks globally being pushed into "competitive monetary easing", RBI Governor Raghuram Rajan Tuesday said lower interest rates and tax incentives can boost investments, but it is consumer demand that holds the key for pushing economic growth.
May 19, 2015, 23:53 PM IST
Global energy subsidies to hit $5.3 tn this year: IMF
The International Monetary Fund voiced alarm Monday about energy subsidies across the world, saying they were expected to reach $5.3 trillion in 2015, more than government health spending.
May 19, 2015, 00:00 AM IST
India to grow 7.5% in FY16, highest in G20: Moody's
Moody's said India will grow at a strong pace of 7.5 percent in 2015-16, the highest among G20 economies, helped by the reforms drive and lower oil prices.
May 12, 2015, 15:11 PM IST
GDP to grow further after 7-7.5% last year: Arun Jaitley
India`s economy grew an estimated 7-7.5 percent last fiscal year and will keep growing this year, but the government will have to invest more in agriculture to keep up the momentum, Finance Minister Arun Jaitley said on Saturday.
May 10, 2015, 16:33 PM IST
GST to boost growth rate by 1.5 percentage points: Industry
Welcoming the passage of GST Bill in the Lok Sabha, industry and experts said roll out of the new tax regime would add 1.5 percentage points to the economic growth and create a common market across the country.
May 06, 2015, 18:02 PM IST
Smart City projects to accelerate economic growth
Smart Cities Council India Wednesday hailed the government's decision to approve 100 Smart City projects and new urban renewal mission, saying that this would accelerate the growth in the economy.
Apr 30, 2015, 00:33 AM IST
India Ratings pegs current fiscal growth at 7.7%
Pegging a slightly lower than the official growth forecast at 7.9 percent, leading domestic rating agency India Ratings today projected a 7.7 percent growth this fiscal driven by consumption demand.
Apr 27, 2015, 19:14 PM IST
'Below normal rains pose risks on agriculture, growth front'
Below normal rains could hurt agricultural output and pose downside risks for the country's economic growth estimates, according to experts.
Apr 23, 2015, 18:19 PM IST
Growth over 7.5% may not be sustainable, resolve tax issues: Moody's
A growth rate of more than 7.5 percent may not be "sustainable" for India in the present scenario and the country needs to resolve tax issues that are impacting its investment climate, Moody's said Thursday.
Apr 23, 2015, 17:15 PM IST
