Consuming states to be affected most if passage of GST delayed: Jaitley
Replying to questions related to the GST bill raised by MPs in the Lok Sabha, the FM said that the empowered panel of state FMs have performed in a non-partisan way.
Apr 24, 2015, 13:06 PM IST
GST to increase India's GDP by 1-2%: Arun Jaitley
The implementation of the landmark goods and services tax (GST) regime proposed from April 1 next year would increase India's GDP by one to two percent, Finance Minister Arun Jaitley said Thursday.
Apr 16, 2015, 23:31 PM IST
ECBs, NRI deposits push external debt to $462 billion
India's total external debt rose by USD 15.5 billion, or 3.5 percent, to USD 461.9 billion during the six-month period ending December, mainly due to increase in external commercial borrowings and NRI deposits.
Mar 31, 2015, 18:41 PM IST
India's GDP growth will be 7.5% this year: Jaitley
Noting that India is emerging as one of the fastest growing economies, Finance Minister Arun Jaitley has said that this year the GDP growth rate will be 7.5 percent and next year hopefully it would be higher.
Mar 14, 2015, 14:06 PM IST
Finance Commission for 3.6% fiscal deficit in FY16; 3% in following years
The 14th Finance Commission on Tuesday suggested a fiscal deficit target of 3.6 percent of GDP in 2015-16 and 3 percent in the subsequent years on the back of likely pick-up in economic growth.
Feb 24, 2015, 20:15 PM IST
Fiscal deficit, low income constrain India's rating: S&P
Days ahead of the Union Budget, global rating agency Standard & Poor's today warned that India's weak fiscal and debt indicators, coupled with the low income levels, "constrain" the sovereign rating.
Feb 23, 2015, 15:16 PM IST
Stanchart revises FY16 GDP growth forecast to 7.7% from 6.3%
The statistical boost to GDP is likely to continue in the next financial year as well, as the Indian economy is expected to clock 7.7 percent growth under the new series, higher than 6.3 percent projected under the older series, says a report by Standard Chartered.
Feb 11, 2015, 17:48 PM IST
India to have current account surplus this quarter: HSBC
India's current account is likely to swing to surplus after 32 quarters of deficit in the January-March period, and will halve to 0.6 percent of GDP in the next financial year starting April 1, says HSBC.
Feb 08, 2015, 11:21 AM IST
Fiscal deficit overshoots budget target
India's fiscal deficit overshot the budget estimate of Rs 5.31 lakh crore by December-end and may prompt the government to take tough steps in the remaining part of 2014-15 to restrict it to 4.1 percent of GDP.
Jan 30, 2015, 19:22 PM IST
India may see current account surplus after 7 years: Nomura
Thanks to a steep fall in global crude oil prices, India may report its first current account surplus in over seven years at 1.5 percent of GDP in the ongoing quarter, leading brokerage Nomura said Monday.
Jan 19, 2015, 19:20 PM IST
'Meeting fiscal deficit target of 4.1% looks challenging'
Meeting the budgeted fiscal deficit target of 4.1 percent of GDP for the current financial year looks "challenging", says Japanese brokerage firm Nomura.
Jan 01, 2015, 14:48 PM IST
FY15 CAD estimated at USD 36.7 billion or 1.8% of GDP: Citigroup
India's current account deficit for the current financial year is expected to be USD 36.7 billion, or 1.8 percent of GDP, despite a fall in exports and rise in imports, says a Citigroup report.
Nov 18, 2014, 17:27 PM IST
Services export up 5.3% at $12.94 billion in Sept
Services exports rose 5.3 percent to USD 12.94 billion in September this year compared to the same month last year.
Nov 14, 2014, 19:01 PM IST
RBI says growth picking up, sees 5.5% expansion this year
The Reserve Bank on Thursday said the economy is likely to grow at 5.5 percent in the current fiscal as it sees pick-up in manufacturing and investment.
Aug 21, 2014, 19:28 PM IST
India ranks 135 on human development index: UNDP
India ranked 135 out of 187 countries on the human development index in UNDP`s annual report 2014 released Thursday.
Jul 24, 2014, 18:36 PM IST
GDP growth to improve this fiscal: Jaitley
India's economic growth is expected to improve during the current fiscal from 4.7 percent in 2013-14, helped by a revival in industrial growth, improved fiscal health and external economic situation, Parliament was informed today.
Jul 18, 2014, 16:13 PM IST
