Equities have remained depressed on persistent global headwinds. Market benchmark Sensex today witnessed selling pressures and declined by over 230 points to 23,787.
10 Feb 2016, 11.20 am | Source: PTI
At the same time, he underscored the importance of reforms. According to data of the Central Statistics Office (CSO), the economy is expected to grow at a 5-year high of 7.6 percent in the current fiscal.
10 Feb 2016, 7.36 am | Source: PTI
The improvement expected in the agriculture and manufacturing sectors in the current fiscal is encouraging...we do hope to see a turnaround in near future said a statement from federation of Indian chambers of commerce and industr...
08 Feb 2016, 9.37 pm | Source: PTI
Economic growth will be meaningful and inclusive only if the standard of living of each and every Indian improved and in that context it is imperative that policymakers look at ways to create more jobs as bulk of Indians are of wo...
08 Feb 2016, 2.39 pm | Source: Moneycontrol.com
Speaking at the India Investment Summit here, he said though India faces some headwinds from global slowdown, the country "continues to be heaven of macro stability".
05 Feb 2016, 2.58 pm | Source: PTI
RBI today left the key policy rate unchanged but indicated at accommodative stance saying with "inflation moving closer to the target" there would be more room for rate cut to support growth.
02 Feb 2016, 3.22 pm | Source: PTI
"The Indian normal has to be in the 8 or 9 percent category," Jaitley said in an interview at the Economic Times Global Business Summit. "It is only at that pace that you can get rid of poverty."
30 Jan 2016, 1.52 pm | Source: Reuters
The government had cut customs duty on crude oil imports to zero from 5 percent in June 2011 when rates zoomed to over USD 100 per barrel. But with oil prices hovering at USD 30 a barrel now, the duty may be back, official sources...
28 Jan 2016, 2.57 pm | Source: PTI
"India Investment Summit organised by Finmin will be held in New Delhi on February 4-5. Global long-term investors will participate," Economic Affairs Secretary Shaktikanta Das tweeted today.
27 Jan 2016, 5.23 pm | Source: PTI
According to the report, there have been some positive changes in momentum in certain segments within the economy, but some areas of concern remain.
26 Jan 2016, 1.55 pm | Source: PTI
"At the same time there are a whole set of new businesses coming in that we have to find ways to deal with. For example, online lending. How do we do with what happens in a downturn?" Rajan said.
22 Jan 2016, 2.26 pm | Source: PTI
The deteriorating global economic growth outlook and rising volatility in currency markets have dampened Indian exports, although the blow has been softened by a collapse in the country's oil import bill.
18 Jan 2016, 11.05 am | Source: Reuters
The government, Economic Affairs secretary Shaktikanta Das said, will stick to the fiscal deficit roadmap for this year as well as the next. "Finance Ministry and RBI keeping close watch on currency movements. Current Account Defi...
15 Jan 2016, 3.26 pm | Source: PTI
The survey of 28 economists taken this week showed expectations haven't changed much in the past three months, reflecting how India's steady, if unspectacular, economic performance looks relatively solid compared with peers.
14 Jan 2016, 2.05 pm | Source: Reuters
India has been growing by 7-7.5 percent, and for the country to accelerate, all sectors have to contribute, he said at the MGNREGA Sammelan-2016 here.
01 Jan 2016, 12.00 am | Source: PTI