Beijing: The Indian economy is full of potential, but how to ensure real growth will test "the wisdom of leaders", said a Chinese expert in a state-run daily.An opinion piece "Can India benefit from Chinese
Mumbai: The rupee plunged by 36 paise to close at 2-year low of 66.82 against the American currency today on persistent dollar demand from banks and importers due to sustained foreign capital outflows amidst sharp
Mumbai: As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya on Monday said it must fall further to help domestic exporters."It (further fall in the rupee) is required, otherwise exports will
New Delhi: Describing RBI's decision to designate only two lenders SBI and ICICI as systemically important as 'credit negative' for the banking industry, Moody's today said the Reserve Bank appears to have followed less stringent
Geneva: India has been ranked very low, mostly in the bottom half, globally on most of the parametres for inclusive growth and development even as it fares much better internationally when it come to business
New Delhi: To check the menace of fake Indian currency, new notes, especially the Rs.1,000 and Rs.500 denominations, will have 7 new security features and a new numbering system, official sources here said on Sunday.The
New Delhi: The Income Tax department has brought out new guidelines to award secret informers providing actionable clue about "untraceable" assesses who owe huge taxes and money to government including in TDS and self assessment
Ankara: Refusing to be swayed by market volatility, Finance Minister Arun Jaitley on Sunday asserted that India's "real economy" will dictate both the currency valuation and the market.He termed factors like devaluation of the Chinese
Ankara: India's GDP can expand by a whopping 27 per cent if the number of female workers increases to the same level as that of men, International Monetary Fund's (IMF) chief Christine Lagarde said on
Ankara: The IMF has said India is among the few bright spots in the global economy as G20 Finance Ministers began their two-day meeting here against the backdrop of concerns over Chinese economic slowdown looming
New Delhi: With plans for more investments in line with the 'Make In India' initiative, US conglomerate General Electric's Chairman Jeff Immelt is headed for India later this month.Describing India as a "growth engine for
Ankara: Amid concerns in India and other global markets about uncertainty over a rate hike in the US, RBI Governor Raghuram Rajan today sought to play down fears saying markets should not be scared of
Washington: A mobile app launched by Indian-American banker Jay Sidhu and his daughter Luvleen can revolutionise the global banking industry, a media report said.Sidhu, who is the chairman and CEO of US-based Customers Bank, and
New Delhi: Federation of Indian Chambers of Commerce and Industry (FICCI) on Thursday welcomed the government's decision to auction 69 small and marginal oil and gas fields to private firms, saying it will incentivise domestic exploration and
New Delhi: Ahead of the meeting of G20 finance ministers and central bank governors in Turkey, India today said competitive devaluation of currency is a major threat to stability in the global economy. "The recent devaluation of major
New Delhi:The Reserve Bank will take into account the domestic and global deflationary trend and take appropriate action on interest rate, Minister of State for Finance Jayant Sinha said today."We have to be very mindful
New Delhi: Finance Minister Arun Jaitley today left for Turkey to participate in a two-day conference of G-20 finance ministers and central bank governors."The Union Finance Minister Shri Arun Jaitley left for Turkey today to
New Delhi: Following Prime Minister Narendra Modi's visit to the UAE last month, India's historic ties with the Gulf nation are poised to go to a new level with the setting up of a joint
New Delhi: In order to fight the menace of Fake Indian Currency Notes (FICN), the government has approved introduction of seven new security features and the project is likely to be completed by May next
New Delhi: Government today approved reimbursement of Rs 113.40 crore to state-owned MMTC, PEC, STC and cooperative NAFED for incurring losses on import of pulses between 2006 and 2011.Government also said that previously approved import
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