Davos gets snowfall; Delegates rush for chai-samosa
As this ski resort town got a fresh coat of snow -- the first in four days since the annual WEF summit began on Tuesday -- it was a mad rush for masala chai and hot Indian snacks at 'Make In India' lounge.
Jan 23, 2015, 19:54 PM IST
Arun Jaitley hints at not raising tax rates, sops for manufacturing
Hard selling India to global investors at the World Economic Forum here, Jaitley also promised a stable tax regime that will not come up with unreasonable demand and change taxes retrospectively.
Jan 23, 2015, 19:04 PM IST
Robust growth should have large impact on the poor: World Bank
Emphasising that policies need to be "people centric", top officials of global agencies Friday said that robust growth should have a large impact on the poor and help in eradicating poverty.
Jan 23, 2015, 18:43 PM IST
Who's afraid of China's economy slowing? Not Alibaba's Jack Ma
Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn`t worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.
Jan 23, 2015, 18:39 PM IST
Indian tortoise can grow faster than Chinese hare: Roubini
India has the potential to overtake China in terms of growth rate in the coming years, provided it implements reforms in a big way, noted economist Nourel Roubini said Friday.
Jan 23, 2015, 17:30 PM IST
After Jan Dhan, India eyes renewal energy world record
Having set a world record with fastest roll-out of its financial inclusion scheme 'Jan Dhan', the government expects its ambitious power sector programme to create more such records, including by making India the world's largest destination for renewable energy.
Jan 23, 2015, 14:36 PM IST
Banks' asset quality to improve with eco growth: ICICI chief
As the Indian economy gathers momentum, it will reflect in banks' asset quality while the issue of over-leveraging by corporates is also expected to get corrected going ahead, top banker Chanda Kochhar said.
Jan 23, 2015, 14:27 PM IST
More monetary easing by RBI expected if inflation remains low
Reserve Bank is expected to come out with more monetary easing in the coming months if inflation remains in the comfortable zone, top private sector lender ICICI Bank's chief Chanda Kochhar said.
Jan 23, 2015, 14:00 PM IST
Hindujas only Britons in world's top 80 billionaires list
With an estimated wealth of nearly 14 billion dollars, India-born Hinduja brothers have now emerged as the only British names on the list of world's top 80 billionaires dominated by Americans.
Jan 23, 2015, 13:43 PM IST
India, US may reach consensus on top priority areas: Jaitley
Ahead of US President Barack Obama's India visit, Finance Minister Arun Jaitley said the two countries should be able to reach consensus on areas that are of top priority for cooperation between them.
Jan 23, 2015, 13:23 PM IST
Larger consensus must for rethink on retail FDI: Jaitley
Jaitley maintained that the BJP's position remains the same on multi-brand retail FDI and his position was also the same.
Jan 23, 2015, 13:17 PM IST
Ongoing reforms much more than 'big-bang', says Jaitley
Finance Minister Arun Jaitley said the sum-total of the reform measures and other policy initiatives already taken would be much more than "the big bang".
Jan 23, 2015, 13:03 PM IST
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
