Indian equity markets record modest growth in 2016: Economic Survey
The Economic Survey 2016-17 tabled in Parliament on Tuesday by Union Finance Minister Arun Jaitley said the Indian equity markets recorded modest growth of 1.95 to 3 percent during the calendar year 2016 as compared to losses registered in 2015.
Jan 31, 2017, 16:49 PM IST
Economic Survey 2017: Highways construction, cargo, power-gen record growth
Despite facing challenging infrastructure deficit in the country aided by resource crunch, debt-laden firms and stressed assets, highways construction and cargo exports registered impressive growth in the first half of FY2017. The Economic Survey said Tuesday.
Jan 31, 2017, 16:46 PM IST
Economic Survey 2017: Still commitment to make the "perennially unprofitable public sector airline" 'world class' entity
Acknowledging difficulties in privatisation efforts for public enterprises, the Economic Survey on Tuesday said there is still a commitment to make the "perennially unprofitable public sector airline" a 'world class' entity.
Jan 31, 2017, 16:37 PM IST
Economic Survey 2017 says recovery of India's exports likely to continue
Uptick in the global economy is likely to push the country's exports further in the coming years, the Economic Survey today said.
Jan 31, 2017, 16:33 PM IST
Subsidy bill up 5% in April-November 2016: Survey
Subsidy bill increased by 5 percent during April-November 2016 due to 21.6 percent surge in food subsidy, the Economic Survey said today.
Jan 31, 2017, 16:31 PM IST
Give workers option to choose provident fund, pension schemes: Economic Survey
Pitching for labour reforms, the survey said formal employment could increase by offering employees choices when they start employment.
Jan 31, 2017, 16:26 PM IST
Economic Survey 2017 pitches for implementation of UBI to provide basic income for all
Invoking Mahatma Gandhi's vision of "wiping every tear from every eye", the Economic Survey today made a strong pitch for implementing Universal Basic Income (UBI) that stipulates a certain income for the poor.
Jan 31, 2017, 16:26 PM IST
Economic Survey 2017 pitches for bringing land, real estate under GST
Calling Goods and Services Tax (GST) a bold new experiment, the pre-Budget Economic Survey Tuesday pitched for including land and other immovable property - the key source of black money creation - in the indirect tax regime to help propel GDP growth to 8-10 percent.
Jan 31, 2017, 16:20 PM IST
Economic Survey 2017: India should play proactive role in promoting open global markets
India should play a proactive role in promoting open global markets to fill vacuum in the international leadership, The Economic Survey today said.
Jan 31, 2017, 16:20 PM IST
Economic Survey 2017: Low GDP growth to be 6.5% in FY17; call for tax cuts
With corporate profitability likely to remain subdued owing to note-ban and global developments, overseas investors are expected to pump in a moderate USD 15-20 billion, during the next fiscal, says a ICRA report.
Jan 31, 2017, 16:15 PM IST
Economic Survey 2017: Govt should be vigilant to prevent price rise
Warning of a repeat of pulses-like crisis in other agri-commodities, the pre-budget economic survey today asked the government to be "vigilant" to prevent spike in prices of items like sugar, milk, potatoes and onion.
Jan 31, 2017, 16:07 PM IST
Economic Survey 2017: Property prices fall on note ban; may dip further
Property prices fell due to cash crunch following demonetisation and could decline further as investing undeclared income in real estate becomes more difficult, says the Economic Survey.
Jan 31, 2017, 15:52 PM IST
Economic Survey 2017: Apparel industry key to creating jobs, pushing exports
The Economic Survey for 2016-17 tabled by Finance Minister Arun Jaitley in parliament on Tuesday said that apparel, leather and footware industries have enormous potential for creating jobs as well as for exports.
Jan 31, 2017, 15:47 PM IST
Economic Survey 2017: Inflation to be below 5% in FY17, trend to continue
Retail inflation is likely to be well below RBI's target of 5 per cent in the current fiscal as demonetisation would discourage any price headwind, the Economic Survey for 2016-17 said on Tuesday.
Jan 31, 2017, 15:42 PM IST
Economic Survey 2017: Developments around RBI Guv appointment impacted Indian market
Developments surrounding the appointment of new RBI Governor were among the factors last year that weighed down on the Indian markets, according to the Economic Survey.
Jan 31, 2017, 15:38 PM IST
Economic Survey 2017: Projects to decline in industrial sector output
The Economic Survey 2016-17 tabled in Parliament on Tuesday by Union Finance Minister Arun Jaitley projected a decline in industrial sector output during 2016-17.
Jan 31, 2017, 15:33 PM IST
Resurgence of protectionism, trade tension a serious challenge to growth of Indian economy
The Indian economy has weathered the impact of demonetisation and volatility caused by the US elections well, but high oil prices, trade tension, resurgence of protectionism are some of the serious challenges to the growth of economy, said the Chief Economic Advisor Arwind Subramanian in a press conference post the Economic Survey.
Jan 31, 2017, 15:32 PM IST
Note ban shaves off GDP growth rate by up to 0.5% in FY'17
Demonetisation will shave off the economic growth for the current fiscal by 0.25 percent to 0.50 percent though it will have long-term benefits for the economy by reducing interest rates and eliminating corruption, besides bringing in more activities in the formal sector.
Jan 31, 2017, 14:26 PM IST
Economic Survey 2017: GST to create common market, improve tax compliance
The Constitutional Amendment on GST will create a common Indian market, improve tax compliance and governance and boost investment and growth, EConomic Survey said.
Jan 31, 2017, 14:18 PM IST
Labour, tax reforms to boost apparel, leather sectors: Economic Survey 2017
Labour and tax reforms are needed to boost employment creation in apparel and leather sectors as the two segments can become vehicles for broader social transformation in the country, the Economic Survey for 2016-17 said on Tuesday.
Jan 31, 2017, 14:01 PM IST
