Chairman of Reliance Industries Ltd (RIL) Mukesh Ambani who has been named among India's 100 wealthiest big shots for the ninth sequential year has his fortune equivalent to Estonia's GDP, says Forbes India. Mukesh Ambani,
The passage of the GST (Goods and Services Tax) bill can lead to India's eight per cent GDP (gross domestic product) growth over the next few years, a report by the leading credit risk research
With agriculture income growth "at an above-trend 4 per cent", India's real gross domestic product (GDP) is expected to grow this fiscal at 7.9 per cent, while annual retail inflation would remain contained at 5
India’s salary growth stood at 0.2 per cent in real terms, with a GDP gain of 63.8 per cent since the great recession eight years back, a new analysis by the Hay Group division of Korn Ferry said.
In what could come as adverse news for the Narendra Modi-led government, the Indian economy lost some momentum in the first quarter of 2015-16 with the gross domestic product or GDP expanding 7.1 per cent
Mumbai: India's current account deficit (CAD) narrowed sharply to USD 0.3 billion (Rs 20 lakh crores), or 0.1 per cent of GDP, in the fourth quarter of 2015-16 from USD 7.1 billion, or 1.3 per
New Delhi: Pegging India’s ‘black economy’ at over Rs 30 lakh crore or about 20% of total GDP, a new study says it has been contracting gradually over the years but still remains bigger than
New Delhi: The Indian economy expanded by 7.6 per cent in 2015-16 to log the fastest growth among larger countries, while also outpacing China, official data showed today. This was also the fastest growth for
New York: India is ranked at ninth position in crony-capitalism with crony sector wealth accounting for 3.4 per cent of the gross domestic product (GDP), according to a new study by The Economist. In India,
New Delhi:The GDP of the national capital is expected to register a growth of 13 per cent in 2015-16 compared to the previous fiscal, Deputy Chief Minister Manish Sisodia said. The announcement was part of
New Delhi: The Income Tax department has issued 2.10 crore refunds totalling over Rs 1.22 lakh crore in 2015-16, which saw 94 per cent the returns being filed online “During FY 2015-16, more than 2.10
New Delhi: India can save up to $50 billion by bringing down logistics costs to 9 percent from the current 14 percent of the country's GDP, according to a joint study by industry chamber Assocham
New Delhi: India doubled its share in world GDP from 1.43 percent in 2000 to 2.86 percent in 2015, industry body PHD Chamber said on Saturday. "India's GDP stood at $477 billion in 2000
These 10 Cities Make India Rich: Are You Living In One Of Them?
Riyadh: Prime Minister Narendra Modi today invited oil-rich Saudi Arabia’s top business tycoons to invest in India’s key sectors like defence, insurance, railway and oil as he projected his country as an attractive investment destination
New Delhi: Ahead of India's budget for the next fiscal, Moody's Investors Service today said the country's fiscal position will remain weaker than other emerging economies in the near term even if fiscal consolidation continued
Mumbai: India's GDP numbers are very dependable and there is no "rigging" taking place with regards to data, the World Bank's Senior Vice President and Chief Economist Kaushik Basu said on Saturday.Basu, former Chief Economic
New Delhi: Indian economy is expected to record a five-year high growth rate of 7.6 per cent in 2015-16 on improved performance in manufacturing and farm sectors.According the central statistics office (CSO), the gross domestic
New Delhi: Government has marginally revised downward the economic growth for 2014-15 to 7.2 percent from the earlier estimate of 7.3 percent after factoring in latest data on agriculture and industrial production."The real GDP or
Just 62 individuals had the same wealth as 3.5 billion people—the bottom half of humanity—in 2015, according to a new report, An Economy For The 1%, by Oxfam, a global advocacy.This figure is down from
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