Arun Jaitley calls for reforms in World Bank at global meet
Finance Minister Arun Jaitley has made a strong case for raising shareholding of developing nations including India in the World Bank Group to reflect their share in the global economy and demanded a significant hike in the capital to meet growing financing needs.
Oct 11, 2015, 20:31 PM IST
IMF-WB appreciative of India's policy steps: FinMin
Finance Ministry Sunday said international agencies like IMF, World Bank and OECD are highly appreciative of India's policy initiatives and measures to deal with tax evasion at global level.
Oct 11, 2015, 17:45 PM IST
G20 urges reforms for global trade growth
G20 trade ministers agreed to pursue deeper and wider reforms to ensure trade growth as it grew less than the global economy for the first time in the last four decades.
Oct 07, 2015, 02:18 AM IST
Reforms in India need to be executed better, faster: GE CEO Jeff Immelt
Calling for measures to make it easier to do business in India, Chairman & CEO of US-based diversified conglomerate GE, Jeff Immelt, Monday said Prime Minister Narendra Modi's reform programmes need to be executed better and faster to attract overseas investors to India.
Sep 21, 2015, 18:44 PM IST
Indian economy to outpace 7.3% growth of last fiscal: FM Jaitley
Aiming to reap significant benefits from continuing reforms, Finance Minister Arun Jaitley on Monday said all macroeconomic parameters including fiscal deficit and inflation appear positive and hoped that GDP growth would outperform 7.3 per cent rate of last year.
Sep 21, 2015, 12:54 PM IST
Govt to continue reforms, will contain fiscal deficit: Finance Minister Arun Jaitley
Implementation of GST is very high on the priority list of the government, Finance Minister Arun Jaitley on Sunday said while expressing commitment to continuing reforms and containing fiscal deficit.
Sep 20, 2015, 22:55 PM IST
India welcomes UN decision to begin negotiations on reforms
India on Monday welcomed the decision by the UN General Assembly to adopt by consensus the decision to begin text-based negotiations on Security Council reforms after two decades.
Sep 14, 2015, 23:14 PM IST
Govt sending conflicting signals on reforms: Rahul Bajaj
Noted industrialist Rahul Bajaj Wednesday criticised the Modi government saying it was sending conflicting signals on reforms and asked BJP to extend its hand of friendship to Congress to end the deadlock in Parliament.
Sep 09, 2015, 19:40 PM IST
IMF official warms to interim deal to boost emerging markets role
A compromise deal on reforms to give emerging markets greater influence at the International Monetary Fund is increasingly likely, a key official said on Friday, weeks before a deadline for U.S. action expires.
Sep 05, 2015, 09:19 AM IST
India's rating upgrade possible if reforms implemented: Moody's
Moody's has a 'Baa3' rating, the lowest investment grade, on India, just a notch above 'junk' status.
Aug 25, 2015, 10:50 AM IST
Reforms process 'not a single day story': Jayant Sinha
With global rating agency Moody's cutting its growth forecast for India citing lack of reforms, Union Minister Jayant Sinha Tuesday said the government is committed to the reforms process but it is "not a single day story".
Aug 18, 2015, 21:20 PM IST
Sensex falls 135 points on reforms uncertainty
After giving up all of its gains in last half hour, the benchmark BSE Sensex Monday ended the day lower by 135 points -- its biggest single-day fall in two weeks -- as fears took hold that key reforms bills, including GST, may not be passed in the Monsoon Session.
Aug 10, 2015, 18:44 PM IST
Moody's expects RBI to cut rate to boost growth
With less than a week left for the RBI's next monetary policy, Moody's on Thursday said there is room for rate cut and expressed hope that the central bank would reduce it by 0.25 percent to push growth.
Jul 30, 2015, 17:21 PM IST
Disappointed with lack of progress in IMF quota reforms: EU
European Union Monday expressed disappointment over the non-implementation of IMF quota reforms, which would give India and other major emerging economies greater say in the multilateral lender.
Jul 14, 2015, 00:08 AM IST
Eurozone to pass bailout judgment as Greece backs reforms
Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reforms but it remained unclear it would be enough to secure a bailout from German and other eurozone ministers meeting in Brussels.
Jul 11, 2015, 17:35 PM IST
Greek PM Alexis Tsipras vows 'credible' reforms as deadline looms
Greek Prime Minister Alexis Tsipras vowed to present "credible" reform plans before a Thursday deadline set by exasperated European leaders, as Athens formally asked for a new bailout to avoid crashing out of the euro.
Jul 09, 2015, 00:24 AM IST
Greece vows pension, tax reforms from next week in return for loan
Greece on Wednesday promised it would start pension and tax reforms next week, as demanded by creditors, in return for a three-year eurozone loan to drag its financial system back from the brink of collapse.
Jul 08, 2015, 18:05 PM IST
Grexit cannot be excluded if no reforms: EU`s Dombrovskis
The EU wants Greece in the eurozone but it could be forced out if it does not produce a credible reform package to satisfy creditors, EU Commissioner for the euro Valdis Dombrovskis said Tuesday.
Jul 07, 2015, 17:48 PM IST
World Bank warns China over state financial control
The World Bank on Wednesday urged China to accelerate reform of its state-dominated financial sector, warning that failure to address the issue could end "three decades of stellar performance" for the world`s second-largest economy.
Jul 01, 2015, 07:42 AM IST
US supports Modi Government's pro-business reforms: Official
The US supports the "pro-business reforms" of the Modi Government but at the same time remains concerned about difficulties caused to non-governmental organisations, a top State Department official has said.
Jun 30, 2015, 08:00 AM IST
