India economy

India to be the world's fastest growing exporter

India is likely to become the world's fastest growing exporter and UAE's top export and import destination by 2030, according to a study.

Sep 17, 2014, 14:52 PM IST

Govt working on changing base year for GDP to 2011-12

The government has initiated the process to change the base year to 2011-12 for computing the country's gross domestic product (GDP) to better capture the changes in economy.

Sep 09, 2014, 18:25 PM IST

Euphoria over new govt starting to weaken: ZyFin

Euphoria over the new government is starting to weaken as consumers sense no major shift in economic conditions, revealed a study.

Sep 09, 2014, 17:20 PM IST

India needs $4.7 tn over next 5 years for 7% growth: CII study

"The CII has estimated the figure at Rs 280 lakh crore (USD 4.7 trillion), which is nearly double the value of Rs 139 lakh crore (USD 2.9 trillion) that was invested in the last 5 years," the industry body said.

Sep 07, 2014, 14:59 PM IST

India's manufacturing, services output expand at slower pace than China

Among the largest emerging markets, China posted the fastest growth since March 2013.

Sep 04, 2014, 12:53 PM IST

Bright GDP just a small step in long road to sustained revival

But the encouraging headline numbers masked the deeper malaise gripping the economy, which is being hobbled by slack consumption, weak business investment, creaking infrastructure and painfully slow structural reforms, economists say.

Sep 03, 2014, 09:20 AM IST

FDI policies in India with minimal conditionalities: Modi

Prior to leaving for Japan Narendra Modi spoke to the Japanese media and stated that FDI influx will happen on its own.

Aug 30, 2014, 09:49 AM IST

Biz confidence up on economy boost, investment climate: NCAER

The index rose by 17 percent in June 2014 over April 2014 this year, the think-tank said.

Aug 29, 2014, 19:02 PM IST

External debt up 8% at $440.6 bn in FY'14

India's external debt stood at USD 390 billion in the previous fiscal.

Aug 29, 2014, 17:16 PM IST

RBI to release annual GDP data Friday

RBI due to release the GDP (gross domestic product) figures Friday, growth in the current fiscal is expected top 5.5 percent as predicted by the country`s central bank.

Aug 28, 2014, 18:53 PM IST

Indian monsoon rains 22% below average in past week

The monsoon is also the main determining factor for consumer spending in rural areas where around two-thirds of India`s population of 1.2 billion live.

Aug 28, 2014, 18:50 PM IST

Govt cuts borrowing plan by Rs 16,000 cr for Apr-Sept

The government has slashed borrowing target for the April-September period by Rs 16,000 crore with the objective to provide more liquidity in the system.

Aug 14, 2014, 18:17 PM IST

Over Rs 24,000 cr allocation to boost MSME sector in 12th Plan

The government has allocated Rs 24,124 crore to boost the country's micro, small and medium enterprises sector during the Twelfth Five-Year Plan period (2012-17), an increase of 133.53 percent over the Eleventh Plan, Parliament was on Wednesday informed.

Aug 13, 2014, 19:37 PM IST

Q1-FY15 GDP growth likely to rebound to 6 pc: Stanchart

India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 percent- the strongest pace of growth in last nine quarters, a Standard Chartered report says.

Aug 11, 2014, 21:06 PM IST

Arun Jaitley promises to narrow fiscal deficit to 4.1%

Jaitley hoped that RBI might cut rates as inflation shows stable slowing down.

Aug 01, 2014, 12:31 PM IST

India's Finance Bill passed by Lok Sabha

The bill was passed after Finance Minister Arun Jaitley gave his reply to the debate on the budget.

Jul 25, 2014, 13:48 PM IST

More steps will be taken to sustain economic recovery: Jaitley

Government on Friday blamed the "policy paralysis" and retro tax amendment of the previous UPA regime for the current economic woes.

Jul 18, 2014, 17:45 PM IST

India's services export in May up 9% at $13.9 billion

India's services exports in May rose by 8.8 percent to USD 13.9 billion, according to the Reserve Bank data.

Jul 15, 2014, 20:40 PM IST

RBI eases financing norms for infra, affordable housing

RBI said that apart from what is technically defined as infrastructure, affordable housing is another segment of the economy which requires long term funding.

Jul 15, 2014, 20:27 PM IST

Planning Commission should be replaced: IEO Report

IEO has said it was acting as a "control commission" and should be replaced by a 'reforms and solution body'.

Jun 24, 2014, 10:06 AM IST