India economy

Ability to withstand challenging global trends strong: Jaitley

He emphasised that macroeconomic indicators like inflation, forex reserve, capital investment in infrastructure and revenue collection are all positive.

Aug 22, 2015, 14:57 PM IST

India to beat China again as fastest-growing in 2016: IMF

India will be the world's fastest growing economy for the second consecutive year in 2016 at 7.5 percent, IMF on Thursday said, even as it lowered its current year global economy growth forecast to 3.3 percent.

Jul 09, 2015, 20:49 PM IST

'Challenges for PSU banks remain despite uptick in economy'

Fitch Ratings' on Monday said challenges for state-owned banks remain despite improving macro picture.

Jul 06, 2015, 10:22 AM IST

Govt can borrow more to revive investment cycle: Report

The government can borrow more to revive investment cycle even at the cost of marginally slipping from the projected fiscal deficit, as that will lead to higher-than-expected growth in the medium-term, says a report.

Jul 02, 2015, 20:06 PM IST

India aims 8-10% growth, current rate not satisfactory: Jaitley

Pitching for a higher growth of 8 to 10 percent to eradicate poverty, Finance Minister Arun Jaitley on Wednesday said the country is no more satisfied with the current rate.

Jul 01, 2015, 19:17 PM IST

India to grow at 7.8% in 2015, surpass China: Fitch

Among the BRICS grouping, GDP growth will range from 7.8 per cent in India to a contraction of 3 per cent in Russia and 1.5 per cent in Brazil this year, said the Global Economic Outlook released by the Fitch Ratings.

Jun 30, 2015, 21:58 PM IST

GDP to grow 8% in FY16; hit $3 trn mark in 5 years: Panagariya

India's growth rate is expected to accelerate to 8 percent in the current financial year and the economy will surpass USD 3 trillion mark in less than five years, NITI Aayog Vice Chairman Arvind Panagariya said on Monday.

Jun 29, 2015, 18:40 PM IST

Rajan says economy in better shape, but flags volatility

Raghuram Rajan has said macroeconomic fundamentals of the country have improved over the past two years and emerging market economies like India are better.

Jun 25, 2015, 19:13 PM IST

Legislative process long and tedious, but no more derailed: Parekh

Confident about India's growth prospects, eminent banker Deepak Parekh on Thursday said legislative process here is "unduly long and tedious, but no longer derailed" and there are ample long-term investors who believe India's best is yet to come.

Jun 25, 2015, 17:37 PM IST

EPFO to start investing in stock markets from next month

Retirement fund body EPFO will start investing in stock markets from next month as part of its plan to put in as much as Rs 5,000 crore in exchange traded funds (ETFs) by the end of this fiscal.

Jun 25, 2015, 16:43 PM IST

State-run pension fund to start buying shares as Modi pushes reform

India`s state social security fund, undeterred by resistance from trade unions, will start investing in equity markets next month, the labour minister said, as part of a reform drive aimed at boosting the economy.

Jun 25, 2015, 12:38 PM IST

India to be among top 3 economies globally by 2030: Report

Emerging markets are expected to grow faster than developed economies, and India is likely to become the third largest economy by 2030 in the world after China and the United States, says a report.

Jun 24, 2015, 16:52 PM IST

India story is on a firm footing: Arun Jaitley

Dispelling any notion of waiting and watching by the long-term investors, Finance Minister Arun Jaitley said here on Wednesday that the India story is on a firm footing and whatever outstanding issues are there are under the government`s active consideration.

Jun 24, 2015, 16:44 PM IST

India a bright spot in troubled global economy: FM Jaitley

"In otherwise troubled time of the global economy, India clearly is a bright spot. As a bright spot, our growth rates are improving. Fiscal discipline is under control," he said.

Jun 21, 2015, 09:26 AM IST

Policy instability deterred investment in India: Jaitley

India has the potential to grow at 8-9 percent or even more in the next one to two years and global investors cannot ignore such an economy, Finance Minister Arun Jaitley said on Friday while blaming policy instability for deterring investment in the past.

Jun 19, 2015, 23:45 PM IST

Economy recovering from serious challenges; expect banks to cut rate further: FM

Reserve Bank has cut repo rate by 0.75 percent since January but not all banks have passed on the benefit of lower interest rates to customers.

Jun 12, 2015, 13:29 PM IST

Good economics becoming good politics: Subramanian

Chief Economic Advisor Arvind Subramanian on Friday said one of the welcome changes the country had seen in recent years was that good economics practised by different state governments was paying dividend to them in elections.

May 29, 2015, 20:55 PM IST

Plunging profits, lofty losses shadow India Inc Q4 report-card

Defying the growth momentum in overall economy, corporate giants including M&M and Sun Pharma as well as state-run behemoths like NTPC, SAIL and IOC today announced lower quarterly profits, while many others have fared even worse due to rising costs and weak consumer demand.

May 29, 2015, 18:47 PM IST

Indian economy poised to grow at 9-10% in medium-term: CII

India's economy can grow at 9-10 percent in the medium-term with a multi-pronged economic strategy, industry body CII said on Wednesday, outlining ten areas requiring policy attention that can bring huge economic benefits for growth, investment and employment creation.

May 27, 2015, 22:07 PM IST

Jaitley hails NDA's impact as Modi govt completes one year in office

Union Finance Minister Arun Jaitley on Tuesday hailed the impact that the NDA regime has had in India during the last one year under Prime Minister Narendra Modi`s steward leadership.

May 26, 2015, 19:24 PM IST