Jun 22, 2015 at 11:24 | Source: Reuters
Reserve Bank of India (RBI) Governor Raghuram Rajan has cut interest rates three times this year to boost growth, but he has since warned he will not cut again if poor rains drive up prices and threaten his inflation target.Bond and stock traders in Mumbai have been left compulsively checking weather forecasts.
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 13:51 | Source: CNBC-TV18
Talking to CNBC-TV18, Parag Saxena, whose company, New Silk Route, recently invested in CCD says that he is impressed with the company's sales growth.
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 19, 2015 at 09:10 | Source: Reuters
India's economy, Asia's third largest, is expected to grow 7.5 percent this year, according to the latest World Bank forecast, which would make it the world's fastest growing economy in 2015. The government has a growth forecast of 8.1-8.5 percent while the central bank has a 7.6 percent gross domestic product growth target.
Jun 18, 2015 at 22:23 | Source: Moneycontrol.com
The doyen of Indian industry, Ratan Tata, says he is proud of the way the Indian ecommerce growth story has evolved and reiterated his bullishness on the sector.
Jun 18, 2015 at 21:56 | Source: CNBC-TV18
Joseph Lupton, MD & Senior Global Economist, JP Morgan does not expect Greece to exit Europe since majority of Greeks too want to stay in Europe.
Jun 18, 2015 at 20:46 | Source: CNBC-TV18
Finance Minister Arun Jaitley, who is on a visit to the US, discusses inclusion of India in the global financial market, tax reforms, GST and the growth rate of the economy.
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.