China's economic pain can't be India's gain: Chinese media
China's economic pain cannot be India's gain as both economies are not at the same level of development, according to an article in a state-run Chinese daily which said a view that India can take advantage of China's turmoil may cause "unnecessary jitters" between them.
Sep 23, 2015, 19:46 PM IST
India a 'shining star' in global economy: Sitharaman
Notwithstanding a financial crisis being experienced by major economies like China, India "stands out" as a "shining star" in the global economy and is sustaining a certain momentum despite challenges, Commerce and Industry Minister Nirmala Sitharaman said Monday.
Sep 21, 2015, 22:43 PM IST
Arun Jaitley woos foreign investors, says continuing reforms to push India's growth higher
Wooing foreign investors with the promise of easier conditions for doing business, Finance Minister Arun Jaitley Monday said continuing reforms will push India's economic growth higher than last year's 7.3 percent despite adverse global winds.
Sep 21, 2015, 17:12 PM IST
OECD cuts world growth outlook, warns on emerging markets
The OECD cut its world economic growth forecasts for 2015 and 2016 Wednesday, warning of a dramatic slowdown in Brazil and a global outlook clouded by uncertainty over China.
Sep 16, 2015, 16:37 PM IST
Expecting quick reforms in India unrealistic: US
India has made steady progress on several areas of critical reforms but the notion that all problems will be addressed quickly would be "naive" and "unrealistic" as it could have a political component, a top US trade official said Tuesday.
Sep 15, 2015, 22:21 PM IST
Goldman Sachs pegs India growth at 8% on TEE's boost
India is likely to become the fastest-growing emerging market this year and its potential growth could rise to 8 percent over the next five years driven by Technology, gains in Education and Ease of doing business due to less red tape, Goldman Sachs said today.
Sep 14, 2015, 19:00 PM IST
Bank of England keeps key interest rate at 0.50%
The Bank of England said Thursday it had voted to keep its interest rate at a record-low 0.50 percent, but cut economic growth forecasts and warned of global "headwinds".
Sep 10, 2015, 17:38 PM IST
China capable of maintaining `high` growth: Li
The Chinese government is capable of maintaining high economic growth, Premier Li Keqiang said on Wednesday, after fears the economy was slowing rocked global financial markets in recent weeks.
Sep 09, 2015, 19:52 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
China announces multiple fiscal policies to boost growth
China Wednesday announced proactive fiscal policies aimed at stabilising growth in the world's second largest economy as it grappled with industrial overcapacity, sluggish demand, struggling exports and a volatile stock market.
Sep 09, 2015, 18:35 PM IST
China plans new push to reform state firms: Reports
China is preparing to unveil broad reforms for state-owned companies which will see some firms shut and others introduce more diversified ownership, according to media reports, in moves one analyst called a "game-changer".
Sep 09, 2015, 18:27 PM IST
Sweet promises not enough for women: Christine Lagarde
Lagarde said even IMF did not exactly have any major focus on women-related issues earlier but it had to study it after it understood the importance.
Sep 06, 2015, 14:57 PM IST
G20 launches W20 grouping for gender inclusive economic growth
The W20 group -- having 20 women leaders from G20 nations -- would host its first summit next month in Istanbul after all member countries appoint their nominees.
Sep 06, 2015, 13:25 PM IST
Economic growth slows to 7% in April-June quarter
Reflecting a muted performance, the GDP growth slowed to 7 percent in the April-June quarter, from 7.5 percent in the previous quarter, amid deceleration in farm, services and manufacturing sectors.
Aug 31, 2015, 19:34 PM IST
Expert views: Economic growth slows to 7% in April-June
India`s economic growth slowed to a lower-than-expected 7 percent in the three months through June from 7.5 percent in the previous quarter, government data showed on Monday.
Aug 31, 2015, 19:31 PM IST
Asian shares wobble after China rate cut
Asian stocks flip-flopped on Wednesday after China cut interest rates in a bid to restore confidence in its sagging economy, with trading volatile after days of heavy swings across world equities.
Aug 26, 2015, 09:05 AM IST
Unlike `97, Asian economies expected to bend, not break
The world market turmoil bears ominous similarities to the contagion that laid Asian economies to waste beginning in 1997: pressure on regional currencies, a worsening trade outlook and slowing growth.
Aug 24, 2015, 23:05 PM IST
Beware of complacency, shouldn't postpone hard choices: Rajan
Reserve Bank Governor Raghuram Rajan Monday cautioned against getting complacent with the strong macro fundamentals of the economy and called for making harder choices in further reforming the structural bottlenecks preventing the economy from achieving its potential growth.
Aug 24, 2015, 22:29 PM IST
Fiscal deficit, inflation under control; economy in revival mode: FM Jaitley
Enthused by increase in indirect tax collections, Finance Minster Arun Jaitley Monday said that the economy is in a revival phase and expected that it will clock a growth rate in excess of 8 percent in 2015-16.
Aug 24, 2015, 16:48 PM IST
HNI wealth up 23% to Rs 128 tn in FY15; equities find favour
The country has witnessed a massive jump both in the number of high networth individuals (HNIs) as well as their net worth with the latter increasing 23 percent over the year to Rs 128 trillion in spite of sluggish economic growth, says a report.
Aug 11, 2015, 20:57 PM IST