'Hiring in aviation, hospitality to go up by 40% in 2015'
Improving economy and investment in Indian carriers and hotels by global companies is likely to lead to hiring for aviation and hospitality sectors witnessing up to 40 percent growth in 2015, according to experts.
Jan 25, 2015, 11:50 AM IST
Investment flows should begin picking up next fiscal: CEA
Confident India would be able to benefit from the positive sentiments about it among foreign investors, Chief Economic Advisor Arvind Subramanian has said the real investment flows should begin picking up from next fiscal, but it will be a gradual process.
Jan 22, 2015, 13:53 PM IST
RBI rate cut decision 'turning point', will boost growth: FM
Finance Minister Arun Jaitley on Friday described the decision of RBI to cut key policy rate by 0.25 percent as an "important turning point" and hoped it would engender faster growth.
Jan 16, 2015, 23:02 PM IST
2015 to see lower rates to support growth; 1st cut in Feb: BofA
According to BofA-ML, the INR would appreciate when the RBI cuts rates and its forex strategist with rupee likely to trade at Rs 62/USD levels in March 2015.
Jan 06, 2015, 15:20 PM IST
India's manufacturing sector output reaches 2-year high in December
The manufacturing sector output, improved for the 14th month in a row and reached a two-year peak in December.
Jan 02, 2015, 10:49 AM IST
Govt committed to meet 4.1% fiscal deficit target: CEA
The government is committed to containing fiscal deficit at 4.1 percent of the GDP this fiscal, Chief Economic Advisor Arvind Subramanian said on Friday.
Dec 19, 2014, 19:04 PM IST
Modi may use executive order to pass insurance, coal bills
Prime Minister Narendra Modi may consider an executive order to pass legislation overhauling the insurance and coal industries after parliamentary clashes raised concern about his ability to pass reforms to revive the economy.
Dec 19, 2014, 18:46 PM IST
Modi moves in to speed up $300 billion stuck projects
Narendra Modi has taken direct control of a project-monitoring body to fast-track investments worth almost $300 billion and revive manufacturing in the country.
Dec 18, 2014, 15:22 PM IST
Reforms brought by PM Modi to help India grow to 5.5% in 2014: ADB
ADB said reforms brought by Indian Prime Minister Narendra Modi will help his country grow 5.5 percent this year.
Dec 17, 2014, 12:29 PM IST
Japan banks to bulk up India presence on improving ties
Faced with a shrinking economy and tepid loan demand at home, Japan`s largest banks are looking to bolster their presence in India, enthused by Prime Minister Narendra Modi`s reform agenda and improving ties between the two countries.
Dec 17, 2014, 08:55 AM IST
India likely to grow between 5-6% in 2015: Moody's
As per official estimates, economic growth in the current fiscal ending March 2015 would be between 5.4 and 5.9 percent.
Dec 10, 2014, 11:24 AM IST
Balance of trade not in India's favour: Sitharaman
"Our trade balance is not really in favour. Simply put, we seem to be importing a lot more than we export," Commerce & Industry Minister Nirmala Sitharaman said.
Dec 08, 2014, 15:34 PM IST
Indian economy to see fastest ''USD nominal growth'' in world in 2015: Credit Suisse
Given growth outlook, equity market is not expensive in both absolute and relative terms, it adds.
Dec 08, 2014, 13:20 PM IST
New body must meet changing economic needs: PlanComm to PM
Planning Secretary Sindhushree Khullar said that the new institution may have 8-10 regulars or executive members with half of them representing the states.
Dec 07, 2014, 11:57 AM IST
India surprised this year; may do so again in 2015: Citigroup
According to the global financial services major, following two years of sub 5 percent growth, India's GDP is expected to be around 5.6 percent in 2014-15 and around 6.5 percent in 2015-16.
Dec 07, 2014, 10:44 AM IST
Consumer sentiment eases for 3rd month in a row: Report
Consumer sentiment in India eased for the third consecutive month in November largely due to a sharp fall in expectations of business conditions in a Year's time, a report says.
Dec 05, 2014, 15:57 PM IST
India's manufacturing, services growth outpaced China in November
Manufacturing and services sectors in India expanded at a faster pace than China in November, even as emerging market output slipped for the second consecutive month.
Dec 05, 2014, 12:46 PM IST
RBI says 'reasonably comfortable' with current account deficit
The Reserve Bank of India is "reasonably comfortable" with the current account deficit because of lower oil prices, deputy governor H. R. Khan said.
Dec 03, 2014, 15:14 PM IST
India services PMI jumps to 5 month-high in Nov: HSBC
HSBC India Services Business Activity Index, that tracks changes in activity at Indian services companies on a month-by-month basis, rose from 50.0 in October to 52.6 in November.
Dec 03, 2014, 11:28 AM IST
Finance Ministry hopeful of 5.4-5.9% growth this year
The Finance Ministry expects the economy to record a growth rate of 5.4-5.9 percent this year as it said 5.3 percent second-quarter GDP expansion is on expected lines.
Nov 28, 2014, 22:03 PM IST
