Mumbai: Helped by a sharp moderation in imports, especially of gold, India's current account deficit (CAD) sharply narrowed to 1.7 per cent of GDP, or USD 32.4 billion, in FY'14 from 4.7 per cent in
New Delhi: The Indian economy can grow well over 6% this fiscal if a stable government assumes office and carries out systemic reforms, new president of industry body CII Ajay S Shriram said on Thursday. “We
Hyderabad: India's Current Account Deficit (CAD) is likely to be around 2 per cent of GDP in the coming few years due to slackening of gold imports, among other factors, Prime Minister's Economic Advisory Council
New Delhi: The fiscal deficit for 2013-14 is likely to be around 4.5 per cent of the gross domestic product, marginally lower than 4.6 per cent that was mentioned in the interim budget for FY15,
New Delhi: The Prime Minister's Office today came out with data to highlight the progress made under Prime Minister Manmohan Singh over the last 10 years in an effort to counter the damaging claims made
Port-of-Spain (Trinidad): The inaugural Caribbean Premier league (CPL) has generated $105.6 million across the region, a study by the University of the West Indies (UWI) has found.The study by the Mona School of Business and
New Delhi: President Pranab Mukherjee said faster, more inclusive and sustainable growth is an “impending reality for India”.“As the number of middle-class consumers continues to swell, the market is likely to become more attractive for
New Delhi: India is Asia's third largest economy and is growing every year especially due to its major financial powerhouses - metropolitan cities. Here is list of top 10 cities of India which have contributed
New Delhi: A study has shown that Indians end up paying the most for the iPhone 5S across the world!According to data compiled by technology website Mobiles Unlocked, the iPhone 5S costs the Indians the
Mumbai: Pick-up in exports and decline in gold imports are likely to keep the country's Current Account Deficit lower during the rest of the fiscal as compared to the same period last year, a report
Mumbai: With fiscal deficit widening to 84.4 per cent of the budgeted target in the first seven months and the revenue collection falling way below the target, the government will have to undertake more austerity
New Delhi: After hitting a four-year low in the first quarter, the economy grew by a higher-than-expected 4.8 per cent in the September quarter on an uptick in agriculture and factory output, although a rise
Mumbai: The market surged on hectic broad-based buying by institutional investors amid positive sentiment over expectation of better GDP data as the NSE benchmark spurted to 84 points to close at 6,176.10. The quarterly GDP-data
Mumbai: The benchmark Sensex jumped 257 points today to its highest level in almost two weeks buoyed by heavy buying in banking, PSU and capital goods shares on hopes that second quarter GDP growth will
New Delhi: Aiming to garner higher revenue from indirect taxes, Finance Minister P Chidambaram will address industry bodies at Chennai, Delhi and Mumbai on Voluntary Compliance Encouragement Scheme 2013. VCES had been introduced with effect
Mumbai: Standard Chartered Bank today warned of a 0.2 per cent slippage in fiscal deficit at 5 per cent of India's GDP due to slower revenue growth. "Our base case is a fiscal deficit of
New Delhi: As government looks at ways to analyse huge amounts data available on corporate as well as individuals to increase tax collections by studying various parameters like spending patterns, IT companies expect strong growth
New Delhi: Close on the heels of the IMF, the World Bank on Wednesday slashed India's economic growth forecast for the current financial year to 4.7 percent from an earlier projection of 6.1 percent.“The report
Washington: Emerging economies including India may not be able to return to growth rates of 8 per cent and more under present circumstances and neither would it be advisable for them, an IMF official said.“The
NEW DELHI: Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the worst is over for the rupee and the fair value for the currency could be between 60 and 65 against the US dollar.“I
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