Government close to appointing new heads of state-run banks: Rajan
Reserve Bank of India Governor Raghuram Rajan said on Thursday the government would soon appoint heads of state-run banks given the importance of acting quickly.
Jul 02, 2015, 14:52 PM IST
Manufacturing growth slackens as order flow turns weak: HSBC
Indicating a slowdown in India's economic upturn, the country's manufacturing sector growth slackened in June as the new order flow hit its lowest level in 10 weeks, an HSBC survey showed on Wednesday.
Jul 01, 2015, 11:42 AM IST
India Inc pats Modi for restoring government credibility
India Inc has lauded Prime Minister Narendra Modi for restoring the government`s credibility by taking steps towards transparency in its functioning.
Jul 01, 2015, 11:35 AM IST
Disappointment creeping in over Modi govt reform pace: Moody's
Flagging subdued rural economy as a 'credit negative' for India's sovereign rating, global giant Moody's on Tuesday said there are growing concerns about risk of policy stagnation and "some disappointment" has emerged over the pace of reforms under the Modi government.
Jun 30, 2015, 11:17 AM IST
Investment in India increasing, says PM Modi
Prime Minister Narendra Modi on Saturday said that investment in the country is increasing and the world is coming to explore the opportunities India has to offer.
Jun 27, 2015, 10:40 AM IST
Additional $60 billion forex needed to fight volatilities: HSBC
As India's forex kitty is growing steadily, foreign brokerage HSBC on Friday said the country needs at least USD 60 billion more in reserves to fight a sustained period of global volatilities.
Jun 26, 2015, 16:19 PM IST
Economic recovery more statistical than real: Yashwant Sinha
Questioning NDA government's claims of economic recovery since it came to power, senior BJP leader Yashwant Sinha has said that growth is up "only statistically" and there are serious issues which still need to be addressed.
Jun 24, 2015, 15:01 PM IST
Monsoon improves prospects for agri, economy: FM Jaitley
After slow progress, the southwest monsoon has advanced rapidly in India.
Jun 23, 2015, 18:54 PM IST
Path to 10% growth not impossible: FM Jaitley
Goods and Services Tax (GST) has the potential to add at least one percent to the GDP of India, Jaitley said adding that last year, India grew by 7.3 percent in terms of GDP.
Jun 20, 2015, 10:08 AM IST
CPI inflation to be around 5-5.5% this fiscal: Nomura
Inflation based on consumer price index (CPI) is likely to be around 5-5.5 percent this fiscal and rise in minimum support price (MSP) will have positive implications for the economy, Japanese brokerage firm Nomura has said.
Jun 18, 2015, 17:54 PM IST
Violence cost India's economy $342 billion in 2014: Report
Violence hit India where it hurts the most -- it impacted the economy to the tune of USD 341.7 billion in 2014, according to the Institute for Economics and Peace (IEP).
Jun 17, 2015, 14:22 PM IST
Trade deficit narrows to 3-month low
India's trade deficit narrowed to a three-month low in May, helped by lower gold imports, bolstering the outlook for its current account balance.
Jun 16, 2015, 13:58 PM IST
Govt has put derailed economy back on track in one year: PM Modi
The government has put the derailed economy back on track, contained inflation and improved investor confidence in the last one year, Prime Minister Narendra Modi said Tuesday.
May 26, 2015, 14:10 PM IST
GDP growth in double digits in 3-4 years: Rajnath
GDP growth figure of India would reach double digits in the next three to four years, Home Minister Rajnath Singh said on Tuesday.
May 26, 2015, 13:37 PM IST
Economy rejuvenated, trust in government restored: PM Modi's open letter on one year
The languishing economy was rejuvenated, building on stable and policy-driven proactive governance, the Prime Minister said.
May 26, 2015, 10:11 AM IST
Inflation under check; global economy, agri a challenge: FM Jaitley
Finance Minister Arun Jaitley on Saturday said inflation has been brought under control in the past one year but global economy and agrarian situation as well as domestic investments pose challenge to the Indian economy.
May 23, 2015, 20:44 PM IST
India self-insured to withstand volatile capital flows: Rajan
Amid a huge sell-off by foreign investors in the capital markets, RBI Governor Raghuram Rajan on Friday said India is well protected against volatile capital flows with its deeper reserves, surging growth and a stronger macroeconomic environment.
May 22, 2015, 18:44 PM IST
Keeping fingers crossed on bad loans: FM Jaitley
Terming NPAs at 5.2 percent as high, Finance Minister Arun Jaitley on Friday said it's too early to consider the improvement in the bad loan situation last quarter as a "turnaround" and was keeping his fingers crossed.
May 22, 2015, 17:13 PM IST
India continues to lead in global confidence index: Nielsen
For the sixth quarter in a row, India continued to lead the global confidence index in anticipation of improvement in the economy through reforms and stimulus announced by the central government, says a report.
May 21, 2015, 15:27 PM IST
India's economic growth to surpass China's in 2015-16: UN report
India's economic growth is projected to surpass that of China's in 2016 with the GDP expected to zoom by 7.7 percent, according to a UN report which said India will help accelerate growth in South Asia.
May 20, 2015, 20:15 PM IST