New Delhi, Dec 27: Bihar has emerged as the fastest growing state in the country with a growth rate of 10.9 per cent.According to the Planning Commission data, Bihar was the slowest growing state during
New Delhi, Dec 27: Prime Minister Manmohan Singh has termed India's economic annual economic growth target of 8 per cent for the next five years as "ambitious."Montek Singh Ahluwalia, deputy chairman of the planning commission
New Delhi, Dec 26: With the economy slowing down and figures for the year not optimistic, the Planning Commission plans to seek a lowering of the growth rate for the 12th Five Year Plan to
New Delhi, Dec 25: A Citigroup report says the Reserve Bank of India (RBI) is likely to lower key interest rates by 0.75 per cent next year with a strong possibility of a 0.50 per
New Delhi, Dec 24: Ailing carrier Kingfisher Airlines On Monday submitted its revival plan to aviation regulator DGCA in a bid to restart limited operations after having remained grounded for almost three months.“The airline has
New Delhi, Dec 24: The new normal in the current global economic scenario is beating the odds at any cost. Businesses that have thrived for decades as industry icons are now facing numerous obstacles in
New Delhi, Dec 19: The Lok Sabha on Wednesday passed the Banking Bill and the Companies Bill.The Banking (Amendment) Bill, a major reforms legislation, was passed after the government gave in to the BJP's demand
New Delhi, Dec 18: As expected, the RBI left key interest rates unchanged on Tuesday, reiterating its October guidance of further policy easing in the March quarter as it shifts its focus towards boosting growth.
New Delhi, Dec 18: The Reserve Bank of India (RBI) has kept its key interest rates unchanged in the policy review on Tuesday as inflation remains at elevated level. In the second quarter review of
New Delhi, Dec 17: Moderating inflation has raised hopes of rate cut by the Reserve Bank of India in mid-quarter review of monetary policy tomorrow, but experts believe that it is more likely to cut
New Delhi, Dec 17: The government on Monday, lowered the growth projection for the current financial year to 5.7-5.9 per cent from 7.6 per cent estimated earlier, while pitching for supportive monetary and fiscal policies
New Delhi, Dec 16: Global economy will go through a very rough time in the next two years and it is time for India to invest in infrastructure and soft sides of development, World Bank
New Delhi, Dec 14: Hinting at some tough measures in the coming days, Finance Minister P Chidambaram on Friday said some “bitter medicine” is necessary to restore the health of the economy and get back
New Delhi, Dec 12: The Index of Industrial Production (IIP) for the month of October expanded at a robust 8.2 per cent compared to a contraction of 0.4 per cent in September. This beats Reuters
New Delhi, Dec 10: The Reserve Bank is likely to leave key policy rates unchanged at its mid-quarter monetary policy review next week but will go for 0.25 per cent CRR rate cut to support
New York, Dec 9: With an aim to save costs in troubled economic times, just 10 companies together have announced nearly one lakh job cuts worldwide since start of 2012, including giants like HP, Google
New Delhi, Dec 9: India's GDP may exceed all expectations next year as there are signs that policymakers might spring up positive surprises, Goldman Sachs has said."India in many ways remains the most complex of
New Delhi, Dec 9: Days ahead of the mid-quarter review of the monetary policy, on December 18, Reserve Bank of India (RBI) Deputy Governor Subir Gokarn on Saturday said inflation continued to be the primary
New Delhi, Dec 7: Reserve Bank of India Governor D. Subbarao has hinted at easy monetary regime in the coming days, citing steep moderation in growth and expressing optimism that inflation would cool off from
Mumbai, Dec 6: Credit Suisse has lowered India's economic growth forecast marginally to 5.9 per cent from 6 percent for the fiscal year ending March.The investment bank also reduced its growth forecast for FY14 to
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