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Confident investors, low inflation signal govt has revived economy, says Modi

May 26, 2015 at 20:56 | Source: FirstPost

New Delhi: 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 today while promising to do more in the coming days to meet "high ...

One year of Modi sarkar: The UPA policies he has used to his advantage

May 26, 2015 at 14:54 | Source: FirstPost

In December 2014, a little over six months after Narendra Modi stormed to power, the Congress party released a booklet highlighting the 'achievements' of the NDA government - 6 Maheene Par, U-turn sarkar. The booklet offered a damning list of all the...

Modi govt a visible sarkar, ended policy paralysis started during UPA regime: Amit Shah

May 26, 2015 at 14:37 | Source: FirstPost

New Delhi: NDA government is "visible" and pro-active unlike the previous regime, BJP Chief Amit Shah on Tuesday said, affirming that its one year rule has brought the country out of policy paralysis, ended corruption and trust deficit and ...

These few steps by Modi govt will allow India to become one of the world's top 5 economies

May 26, 2015 at 12:23 | Source: FirstPost

By Ridham DesaiThe Narendra Modi-led government inherited two main cyclical issues when it came to power in May 2014sticky and high consumer price inflation and a plethora of stalled projects. Together, these two issues pushed down Indias growth rate...

Economy during Modi's first year as PM: Check out what changed and what didn't

May 26, 2015 at 10:30 | Source: FirstPost

By Rajesh Pandathil and Kishor KadamNarendra Modi stormed to power giving hopes of a revival in the economy.He promised things will be different once he becomes the prime minister. There will be quick decision making, jobs will be created, farmers' i...

Now we are all self-insured against capital outflows: Raghuram Rajan allays fears

May 23, 2015 at 11:28 | Source: FirstPost

Amid a huge sell-off by foreign investors in the capital markets, RBI Governor Raghuram Rajan yesterday said India is well protected against volatile capital flows with its deeper reserves, surging growth and a stronger macroeconomic environment.&quo...

Modi's one year: Arun Jaitely's all-is-well rant conveniently misses unpleasant part

May 22, 2015 at 15:51 | Source: FirstPost

Finance minister Arun Jaitelys press conference on Friday giving a round-up of the Narendra Modi governments one-year performance exhibited his mastery of presenting all the good things in a convincing tone, be it the intent to push tax reforms, rein...

Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part

May 22, 2015 at 15:51 | Source: FirstPost

Finance minister Arun Jaileys press conference on Friday giving a round-up of the Narendra Modi governments one-year performance exhibited his mastery of presenting all the good things in a convincing tone, be it the intent to push tax reforms, reini...

Arun Jaitley's disinvestment act is looking better than Pranab's or Chidu's

May 20, 2015 at 20:26 | Source: FirstPost

Finance Minister Arun Jaitley needs to be complimented for correcting 20 years of a stop-go approach to disinvestment, where the Centre wakes up to the need to sell public sector shares only after half the year is over. Not surprisingly, disinvestmen...

No more crony capitalism, Modi govt a thrust towards liberalisation and reforms: FM Jaitley

May 19, 2015 at 20:58 | Source: FirstPost

New Delhi: Finance Minister Arun Jaitley on Tuesday said corruption has been removed from India's political dictionary under Prime Minister Narendra Modi and that there is a thrust towards reforms and liberalisation without crony capitalism and haras...

No govt could have done better than NDA but here are 9 subtle messages for Modi

May 19, 2015 at 15:17 | Source: FirstPost

Whenever a government takes over there are lots of expectations as every new regime says it will do better than the predecessor. Further, when the economy is not performing well, these hopes get magnified and the benchmarks set for judging the perfor...

One year of Modi: He's still Mr Clean but no longer India's sweetheart

May 19, 2015 at 15:10 | Source: FirstPost

Popular politicians arent ordinary people. They are an idea, an image and a brand that is the combination of their own political, intellectual and marketing skills and the perception people have of them.Prime Minister Narendra Modi, like all successf...

One year of Modi: The elephant remains greater than the sum of his parts

May 19, 2015 at 14:56 | Source: FirstPost

Popular politicians arent ordinary people. They are an idea, an image and a brand that is the combination of their own political, intellectual and marketing skills and the perception people have of them.Prime Minister Narendra Modi, like all successf...

Modis one year: Investor confidence in India is waning and Jaitley is to be blamed

May 18, 2015 at 09:24 | Source: FirstPost

As Narendra Modi completes one year in office, the palpable mood in the financial markets is that of disappointment. The governments ability to push forward the growth agenda is being viewed with some amount of skepticism by foreign investors in the ...

Govt contains fiscal deficit at 4%; paves way for RBI rate cut, ratings upgrade

May 18, 2015 at 08:16 | Source: FirstPost

Bettering its own financial targets, the government has contained the fiscal deficit at 4 per cent of GDP for 2014-15 at Rs 5,01,880 crore.The revenue deficit has also been confined to 2.8 per cent, beating the budget target of 2.9 per cent for the l...

Govt contains fiscal deficit at 4%; beats its own target

May 17, 2015 at 16:36 | Source: FirstPost

Bettering its own financial targets, the government has contained the fiscal deficit at 4 per cent of GDP for 2014-15 at Rs 5,01,880 crore.The revenue deficit has also been confined to 2.8 per cent, beating the budget target of 2.9 per cent for the l...

Timely monsoon, rate cut hopes boost market; Sensex up 118 points

May 15, 2015 at 22:36 | Source: FirstPost

Mumbai: Logging second straight weekly gain, the benchmark BSE Sensex today rose 118 points to 27,324 on forecast of a timely monsoon, while Finance Minister Arun Jaitley saying economy was in a recovery mode with inflation and fiscal deficit under c...

WPI inflation is dead; CPI is dying: FM Jaitley should dump fiscal orthodoxy and reflate

May 14, 2015 at 17:40 | Source: FirstPost

In October 2012, former Finance Minister P Chidambaram petulantly observed that if the Reserve Bank of India (RBI) did not want to help revive growth by cutting rates, he was prepared to walk alone.The then RBI Governor Duvvuri Subbarao, who had fron...

WPI inflation is dead; CPI is dying: Jaitley should dump fiscal orthodoxy and reflate

May 14, 2015 at 14:26 | Source: FirstPost

In October 2012, former Finance Minister P Chidambaram petulantly observed that if the Reserve Bank of India (RBI) did not want to help revive growth by cutting rates, he was prepared to walk alone.The then RBI Governor Duvvuri Subbarao, who had fron...

IIP is not as bad as it seems; but revival depends on Jaitley, not Raghuram Rajan

May 13, 2015 at 13:20 | Source: FirstPost

Sometimes, the headlines don't say it all. This is the case with the two index numbers released yesterday (12 May). The Index of Industrial Production (IIP) hit a "five-month low" of 2.1 percent in March from 4.9 percent in February 2015, s...

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