India home to 2,19,000 millionaires: Capgemini report
Between the period 2015-2016, India's HNWI population witnessed a surge by 9.5 per cent, outbeating the average annual growth rate of 7.4 per cent of APAC.
Nov 07, 2017, 18:48 PM IST
World markets ripe for the taking, but where is India's strategy?
It also recommends the creation of a supportive infrastructure for exports, including more laboratories for testing and more tool rooms and plant quarantine facilities, among others.
Oct 31, 2017, 14:02 PM IST
Q2 GDP likely to recover to 6%: SBI Research
Further, it noted that most of the lead indicators -- foreign tourist arrivals, international passenger and air freight traffic, railway traffic and telephone subscribers has showed an uptick in recent months.
Oct 30, 2017, 16:57 PM IST
RBI likely to cut rates in Dec 6 policy review: Report
The core Consumer Price Index (CPI) based inflation, adjusted for house rent allowance is moderating, and the HRA impact (post 7th Pay Commission), is largely "statistical", it said.
Oct 30, 2017, 13:28 PM IST
Notable increase in foreign exchange purchase by India: US
In its report to the Congress "Foreign Exchange Policies of Major Trading Partners of the United States," the Treasury said India has a significant bilateral goods trade surplus with the US, totalling USD 23 billion over the four quarters through June 2017.
Oct 18, 2017, 10:14 AM IST
UBS sees 0.5% fiscal slippage on stimulus, lower revenues
Earlier this month, the Reserve Bank had warned against any slippages in the fiscal math, saying it will stoke inflation and also hurt the macroeconomic stability.
Oct 13, 2017, 15:15 PM IST
Fitch lowers India's growth forecast to 6.9%
Fitch Ratings said the global economy has improved markedly this year and is on course to recording its fastest expansion since 2010.
Oct 02, 2017, 19:03 PM IST
FPIs take Rs 11,000 crore off equities in September
Besides, India's GDP growth slowed to 5.7 per cent in the first quarter of 2017-18 amid concerns over disruption in business activity due to issues in GST implementation.
Oct 02, 2017, 12:51 PM IST
PM's crop cover pushes insurance penetration past 1% in FY17
While the company has come out of the bad times, he said they have to shore up the capital base and the forthcoming IPO and the number of strategies it has adopted will it improve the capital base.
Oct 01, 2017, 15:52 PM IST
External debt of India rises to $485.8 billion at June-end
The share of short-term debt (original maturity) in total external debt decreased to 18.3 per cent at June-end 2017 from 18.6 per cent at March-end 2017.
Sep 29, 2017, 19:41 PM IST
RBI governor calls on Arun Jaitley before policy review
The RBI governor usually meets Union finance minister before the monetary policy review.
Sep 29, 2017, 18:14 PM IST
Sensex ends steady, but posts weekly loss
Both the Sensex and the Nifty suffered weekly losses for the third time this month, down 638.72 points, or 2 per cent, and 175.80 points, or 1.76 per cent, respectively.
Sep 29, 2017, 17:16 PM IST
Realty sector to have over 17 million workforce by 2025: Report
India has emerged as the most preferred outsourcing destination as per the findings of the 2017 Asia Pacific Occupier Survey Report of CBRE, he added.
Sep 28, 2017, 17:23 PM IST
Niti Aayog deputy chief says no harm in busting fiscal deficit target
Government officials last week told Reuters that they were contemplating spending up to Rs 500 billion (USD 7.61 billion)more to halt the slowdown, which could widen the federal fiscal deficit for the financial year ending next March to 3.7 percent of GDP from a budgeted target of 3.2 percent.
Sep 27, 2017, 13:07 PM IST
ADB trims India growth forecast to 7% for current year
Developing Asia is expected to grow by 5.9 and 5.8 percent in 2017 and 2018, respectively, the Manila-based lender said.
Sep 26, 2017, 11:37 AM IST
Govt considering $7.7 billion stimulus spending in FY18 to revive economy: Report
Pulled down by sluggish manufacturing, growth in the Indian economy in the first quarter of this fiscal fell to 5.7 percent, clocking the lowest GDP growth rate since Narendra Modi took power in May 2014.
Sep 21, 2017, 18:02 PM IST
Govt eyes extra $7.7 billion spending to halt economic slowdown: Sources
The official said that the economy was passing through a "transitory phase" after the government`s decision late last year to outlaw old high-value banknotes and after the launch of a nationwide goods and services tax in July.
Sep 21, 2017, 17:16 PM IST
GDP growth at 3-year low: Additional measures on the anvil to boost economy, says Jaitley
Jaitley further said this is a proactive government and has been reacting to the situation as when the situation demanded.
Sep 20, 2017, 16:58 PM IST
PM Modi to meet FM, officials to review economic situation today
Increasing government spending, particularly on infrastructure, combined with quickly fixing the problems with GST may feature in tomorrow's deliberations.
Sep 18, 2017, 19:17 PM IST
India likely to be 3rd largest economy by 2028: HSBC report
India also needs a lot of focus on ease of doing business and related aspects like contract enforcements.
Sep 17, 2017, 13:13 PM IST
