WEF Davos 2015

Ordinance route no concern for investors; they are happy: FM

The Minister said that the investors across sectors are very enthused about India and were waiting to come in.

Jan 23, 2015, 11:40 AM IST

Tech leaders optimistic about digital economy

Nadella said there was no reason for not being optimistic about what technology can do.

Jan 23, 2015, 00:00 AM IST

India hardsells its growth story to investors at Davos

Seeking to attract more investments, India on Thursday impressed upon investors about the country's high-growth potential at World Economic Forum (WEF) summit.

Jan 22, 2015, 23:50 PM IST

Time is of essence for reforms in Europe, says Germany's Merkel

Emphasising that "time is of the essence", German chancellor Angela Merkel on Thursday said there is urgent need for fiscal reforms in Europe to promote growth and create jobs for the long term.

Jan 22, 2015, 23:45 PM IST

Economy set to take off for 8-9% growth: Jaitley

The economy is set to clock a 6.5 percent growth next year and then take off to reach 8-9 percent in the years to come on the back of huge public support for reforms initiated by the government, Finance Minister Arun Jaitley said Thursday.

Jan 22, 2015, 22:53 PM IST

Won't raise even a rupee in Budget from aggressive taxation: FM

India will not stray from a plan to slash its fiscal deficit to 3 percent of gross domestic product within two years, Finance Minister Arun Jaitley said on Thursday, despite top aides` advice to revive the economy with more infrastructure spending.

Jan 22, 2015, 19:57 PM IST

Petrol crisis forces Pak PM to skip WEF meet in Davos

Pakistan's Prime Minister Nawaz Sharif on Thursday had to cancel his trip to Davos to attend the annual meeting of the World Economic Forum (WEF) due to a serious shortage of petroleum in the country which has been plagued by a crippling energy crisis.

Jan 22, 2015, 18:22 PM IST

Subsidies to be rationalised, joint session on insurance: FM

Laying the fiscal road map ahead of his first full- fledged Budget, FM sought to assure investors at the ongoing World Economic Forum (WEF) that subsidies will not be completely eliminated but only rationalised to cut expenditure.

Jan 22, 2015, 18:07 PM IST

Naidu woos investors at World Economic Forum Summit

Andhra Pradesh Chief Minister N Chandrababu Naidu, who is in Davos to attend the ongoing World Economic Forum Summit, met several top corporate heads there to attract investments in the state.

Jan 22, 2015, 17:32 PM IST

GE proposed to invest Rs 3,000 crore in Maharashtra

US-based General Electric (GE) has proposed to invest Rs 3,000 crore in Maharashtra during a meeting with state Chief Minister Devendra Fadnavis at World Economic Forum meet in Davos.

Jan 22, 2015, 16:31 PM IST

Govt eyes Joint Parliament session if insurance reforms delayed: FM

Finance Minister Arun Jaitley on Thursday said the government will go for a joint session of Parliament in case there is a delay beyond six months in getting Parliamentary approval for the ordinance that raises the FDI limit in the insurance sector.

Jan 22, 2015, 16:30 PM IST

Industry visits to North Block down as biz climate improves: FM

Telling investors about improving ease of doing business in India, Finance Arun Jaitley on Thursday quipped that the number of industry leaders visiting his office has come down drastically as they do not need to come to seek permissions.

Jan 22, 2015, 16:09 PM IST

Corruption not even whispered since Modi govt came to power: FM

Jaitley said corruption not only increases the cost of doing business but also hits the country's credibility.

Jan 22, 2015, 14:58 PM 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

Government will keep up pace on reforms, says Jaitley

Finance Minister Arun Jaitley has assured the government will keep up the pace on reforms but said he doesn't want to build expectations in the run up to the Budget.

Jan 22, 2015, 13:51 PM IST

India has independent evidence on black money cases: Jaitley

Jaitley, who met his Swiss counterpart Eveline Widmer-Schlumpf for about 40 minutes late last night, said Switzerland has agreed to act expeditiously on such cases.

Jan 22, 2015, 13:47 PM IST

Welspun Renewables to set up Rs 700-cr solar project in Andhra

The firm has so far commissioned over 366 MW solar and wind power projects in India and another 978 MW capacities are under construction.

Jan 22, 2015, 13:14 PM IST

India needs quick and continuous decision-making: Kochhar

Ahead of the NDA government's first full budget, ICICI Bank chief Chanda Kochhar on Thursday said investors are looking for 'continuous and quick decision-making' as also for the capital investment plans of the government in various areas including infrastructure.

Jan 22, 2015, 12:53 PM IST

Sentiments to convert into investments soon: Jaitley

Jaitley said he is meeting the existing investors and potential investors, those who are looking at India, those who are looking to expand.

Jan 22, 2015, 11:57 AM IST

End red tapism or Europe 'will be finished': Italian PM

Striking a note of caution, Italy's Prime Minister Matteo Renzi today said Europe needs to eliminate red tapism "or it will be finished".

Jan 22, 2015, 11:40 AM IST