Jun 22, 2015 at 11:21 | Source: PTI
"Railways are the backbone of India's economy and therefore we have decided to launch a major programme to revamp the railway network. In the last thirty, forty years we have not invested enough into the railways" Prabhu said.
Jun 20, 2015 at 13:30 | Source: PTI
The Minister said India's seven plus percent growth rate came backdrop of a terrible monsoon last year and a second round of crop destruction in March this year.
Jun 18, 2015 at 20:04 | Source: PTI
Agriculture, which contributes 15 percent to India's Gross Domestic Product (GDP) but employs about 60 percent of population, is heavily dependent on the monsoon as only 40 percent of the cultivable area is under irrigation.
Jun 18, 2015 at 19:42 | Source: CNBC-TV18
Lamenting that the whatever economic reforms the government has done have been incremental rather than 'big-bang', noted Morgan Stanley analyst Ruchir Sharma said the Narendra Modi government should have been quicker in its first year of government when it had more political capital.
Jun 16, 2015 at 17:11 | Source: PTI
Any increase in gold imports impacts the current account deficit (CAD). CAD in the first half of last fiscal declined to 1.9 percent of GDP (USD 18 billion) from 3.1 percent (USD 27 billion) in the same period of the previous year.
Jun 16, 2015 at 15:19 | Source: PTI
The domestic traffic flow in India alone is estimated to grow nearly 6 times in this period, making it one of the fastest growing markets globally, even as a survey by Airbus has identified Mumbai and Delhi airports among the largely congested ones across the world.
Jun 16, 2015 at 08:00 | Source: PTI
Lok Sabha Speaker Sumitra Mahajan today expressed concern over the "increasing trade deficit" between India and China during a meeting with a delegation of Chinese leaders and said the issue needed to be addressed to make mutual trade more sustainable and beneficial.
Jun 15, 2015 at 17:28 | Source: PTI
Indian Electronic System Design and Manufacturing (ESDM) market is expected to grow from USD 76 billion in 2013 to USD 94 billion in 2015 and touch USD 400 billion by 2020. Over 90 percent of country's electronic market is dominated by imports.
Jun 14, 2015 at 12:45 | Source: PTI
With the government taking steps to improve ease of doing business and attracting investments, FDI inflows into the services sector grew by over 46 percent to USD 3.25 billion in 2014-15.
Jun 12, 2015 at 16:56 | Source: PTI
Nepal on Friday called upon Indian businesses to set up units in the Himalayan nation and produce goods to be sold in China, which offers a huge market.