India's economy

Economic reforms should be inclusive, broad based: PM Modi

Addressing a gathering of economist at the 6th Delhi Economics Conclave, Modi said that efforts of the government to bring back black money stashed abroad have unearthed Rs 10,500 crore.

Nov 06, 2015, 17:34 PM IST

Services sector growth hits 8-month high in October

India's services sector activity touched an eight-month high in October driven by a significant rise in new business orders even as growth in manufacturing output eased, a Nikkei survey said.

Nov 04, 2015, 13:33 PM IST

GST only a question of time, obstruction won't continue: FM Jaitley

Once the Bill is passed, more than half of the states have to ratify it before Parliament passes another enabling bill to implement GST.

 

Nov 04, 2015, 13:21 PM IST

Indian economy an 'exception'; to grow 7.2% this fiscal: OECD

India is projected to grow at a slightly lower pace than expected earlier at 7.2 percent this fiscal but the country is an "exception" to the worsening picture in major emerging economies, says OECD.

Sep 16, 2015, 19:37 PM IST

Exports dip for 9th month in a row; decline 20.66% in August

The significant slump in country's exports is attributed to global slowdown and declining commodity prices worldwide.

 

Sep 15, 2015, 18:45 PM IST

PM Modi asks India Inc if China's pain can be India's gain

The International Monetary Fund considers India`s economy a rare bright spot among emerging markets and Modi sees a chance to attract more foreign investment as money flows out of China.

Sep 08, 2015, 13:29 PM IST

China slowdown may have an impact on India: Chinese think tank

Titled 'Can India benefit from Chinese economic slowdown? Think twice,' the article said the success of the Indian economy is more linked to internal factors.

Sep 08, 2015, 13:23 PM IST

Global turmoil an opportunity for India to overtake China: Foreign Media

Seeing an opportunity in the recent turmoil in China's equity and currency markets, Foreign media is saying India can overtake China as the driver of world economy.

Aug 28, 2015, 12:46 PM IST

Smart City project expected to boost economy

The Centre on Thursday rolled out the ambitious Smart City project and hoped that it will attract investment to boost the economy.

Aug 27, 2015, 19:30 PM IST

RBI to focus on bringing inflation down to 4% target

The RBI has projected consumer inflation will hit 6 percent by January 2016 before gradually easing to 4 percent two years later.

Aug 27, 2015, 17:34 PM IST

Due to Parl session washout, Indian economy couldn't achieve expected boom: Rajnath

Union Home Minister Rajnath Singh on Saturday termed as "painful" washout of monsoon session of Parliament and said due to which important legislations could not be passed and expected boom in economy could not be achieved.

Aug 22, 2015, 23:40 PM IST

Industrial output grows at 4-month high of 3.8% in June

Industrial production expanded at a 4-month high rate of 3.8 percent in June due to improvement in manufacturing activity.

Aug 12, 2015, 18:53 PM IST

India's industrial growth rises to 3.8% in June

India's industrial output growth gathered pace in June and rose to 3.8 percent mainly due to a pick up in government spending.

Aug 12, 2015, 17:37 PM IST

Green shoots of economic recovery visible: Survey

The economy is showing signs of a turnaround, albeit moderately, on the back of continued policy actions, implementation and enhanced business and consumer confidence, says a CII ASCON survey that tracks the growth of industrial and services sectors.

Aug 09, 2015, 13:17 PM IST

'India has potential to become multi-trillion dollar economy'

About 55 percent of India's population is already working in the services sector but the country has to aim to bring this to 80-85 percent of the population.

Jul 29, 2015, 17:55 PM IST

Economy would regain over 8% growth soon: President

President Pranab Mukherjee on Monday expressed the hope that economy would regain growth rate of over 8 percent soon and the country's USD 350 billion-plus foreign reserves put India in a comfortable position to deal with global challenges.

Jul 27, 2015, 21:14 PM IST

Growth still not felt on ground; govt needs more time: Premji

A huge fall in oil and other commodity prices has helped the economy in a big way, but growth is still not felt on the ground, top industry leader Azim Premji said Wednesday.

Jul 22, 2015, 23:22 PM IST

Govt's housing scheme can give Rs 15 trillion boost to GDP: Report

The Centre's housing for all project is expected to give the economy a Rs 15-trillion boost over the next 7 years, but its success will depend on ramping up existing urban infrastructure, fast tracking approval process and targeting the actual beneficiary, a study said.

Jul 22, 2015, 21:45 PM IST

India need not worry about US Fed lift-off: Nomura

With the US Fed reiterating its resolve to break from the seven-year of near zero interest rates this year, Japanese brokerage Nomura on Wednesday said India does not have to worry much about its impact as a sustainable recovery is underway in the domestic economy.

Jul 22, 2015, 19:32 PM IST

Economy picking up, need more reforms for strong growth: Rajan

Rajan, known for critical analysis of macroeconomic trends, however said that subdued exports, primarily on account of global factors, remain an area of concern.

Jul 02, 2015, 15:39 PM IST