Mumbai: Moody's Investors Service today upgraded its outlook for the country's banking system to 'stable' from 'negative' on the expectation of reduction in pace of accretion of bad loans over the next few years helped
New Delhi: With RBI lowering the growth forecast to 7.4 per cent for the current fiscal, Finance Minister Arun Jaitley today said the government willreassess its GDP projections."It is not necessary for us to make
Ankara: The chances of India posting a respectable GDP growth this year are bright, finance minister Arun Jaitley said on Saturday terming as "transient" the headwinds from global factors like Chinese devaluation and uncertainty over
New Delhi: Indirect tax revenues grew 37.5 per cent to nearly Rs 1.54 lakh crore in the first quarter of the current fiscal, powered by a robust show in excise collections.Indirect tax collections in April-June
Mumbai: Indian base metals industry is expected to grow by 8-10 per cent annually over the next three years on the back of increased demand from power, construction and automotive sectors, rating agency Moody's said
New Delhi: India's economic growth is expected to pick up in the current fiscal and will be "much better" in 2015-16, finance minister Arun Jaitley said on Monday."The last two years witnessed an economic slowdown.
New Delhi: A whole set of second generation reforms will be unveiled in the next Union Budget, Finance Minister Arun Jaitely said on Sunday promising a lot of exciting time ahead.The country needs a larger
Mumbai: Bullish over robust fundamentals and improving macroeconomic conditions, industry leader Deepak Parekh today said India currently has "exceptionally good conditions" in place to aspire for 10 per cent economic growth but much needs to
New Delhi: India's economic growth rate for the second quarter of the current financial year is likely to be "subdued" at 5.2 per cent and a revival can be expected only from the last quarter
New Delhi: Taking credit for the uptick in domestic economy, former Finance Minister P Chidambaram today said the 5.7% growth in the first quarter vindicates UPA government's projection that revival would take place in the
Mumbai: Terming the RBI action today as a “pleasant surprise”, analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear
New Delhi: The Indian economy is expected to grow at around 5 per cent in the current financial year and the slowdown is likely to continue for some time, according to DBS India.The country's economic
Brussels: President Pranab Mukherjee has sought to counter criticism against the economic stimulus provided when he was the Finance Minister in 2009 and maintained that economy under him registered high growth rates.Seeking to debunk criticism
New Delhi: A fall in the current account deficit to $30-$50 billion, or about half of current levels, has the potential to reduce India's GDP growth rate to 1-2 per cent, Jefferies wrote in a
New Delhi, May 31: Pulled down by poor performance of farm, manufacturing and mining sectors, economic growth slowed to 4.8 per cent in the January-March quarter and fell to a decade's low of 5 per
New Delhi, Nov 30: Terming the second quarter economic growth rate of 5.3 per cent as "below expectations", Finance Minister P Chidambaram today said it was mainly due to scanty rainfall and poor showing by
Mumbai, Aug 31: The Sensex today dropped nearly 161 points to close at a fresh four-week low on selling across sectors even as GDP growth at 5.5 per cent beat estimates but it dashed hopes
Los Cabos, Jun 18 : India's economic woes have not gone out of hand in the wake of the slip in the GDP growth—the lowest in nearly 9 years—but there could be trouble if the
New Delhi, June 11: Dismissing concerns that India's growth rate may drop below 6.5 per cent, Finance Minister Pranab Mukherjee today said 2012-13 would be the turnaround year for the economy.Addressing a conference of top
New Delhi, Dec 2: The Government today expressed its inability to provide a fiscal stimulus as was given in 2008-09 to boost the economy, which is likely to slow down to 7.5 per cent this
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