New Delhi: The implementation of the recommendations of seventh pay commission may be deferred in the wake of the massive financial resource crunch faced by the government in the financial year 2016-17.The 7th pay commission
New Delhi: Union Finance Minister Arun Jaitley said that India's economy grew an estimated 7-7.5 per cent last fiscal year and will keep growing in 2015."The country's potential is not 7 or 8 per cent,"
Davos: Lauding RBI's role in helping bring down inflation, chief economic advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary
Beijing: A Chinese daily on Wednesday said India is keen to become the best in some aspects and it is in dire need of evidence to show that it is not inferior to China.In an
Mumbai: Markets continued their upward march for the fourth straight session today with the BSE Sensex galloping over 522 points to close at a new peak of 28,784.67 and the NSE Nifty breaching the 8,700-mark
New Delhi: Foreign direct investment (FDI) into India declined by over 6 per cent year-on-year in November 2014 to $1.53 billion.In November 2013, the country had received FDI worth $1.63 billion.However, for the April-November period
Mumbai: With over-leveraged corporates and stressed banking assets, the onus of getting the economy back on track has fallen again on an equally stressed government, says a report.The responsibility is to boost growth by increasing
New Delhi: Prime Minister Narendra Modi on Friday called for making India a USD 20 trillion economy, while stressing laws must evolve with time and his government had taken several initiatives towards "transforming India".Addressing the
New Delhi: The World Bank has cut its outlook for global growth and warned that the world's economy is "running on a single engine."The global development lender predicted that deepening trouble in the eurozone, Japan
Gandhinagar: Finance ministry's chief economic adviser Arvind Subramanian has said India's growth slowdown has bottomed out and the pace of economic expansion is expected to accelerate.Yesterday, World Bank President Jim Yong Kim said the Indian
Mumbai: The country's Gross Domestic Product (GDP) is likely to grow at a rate of 6.4 per cent on the back of pick-up in investment cycle in 2015, says a report."With the new government at
New Delhi: Finance Minister Arun Jaitley has said India has the potential to grow at a higher rate even at a time when the world economy is going through a critical phase."The world economy is
New Delhi: The outlook for India's rating would improve if fiscal, inflation and infrastructure metrics get better, global rating agency Moody's Investors Service said in a report."India's Baa3 government bond rating balances the strong growth
New Delhi: Prime Minister Narendra Modi's visits to countries like the US, Australia and Japan have contributed significantly in building India's perception as a promising and stable investment destination among global investors, a survey has
Mumbai: Citigroup has said if India continues to surprise in the New Year the way it did in 2014, then there are more upsides on its way which could well be capped by a sovereign
New Delhi: India will surpass China as the world's fastest growing economy in the next 2-3 years, top industrialist Mukesh Ambani said, while terming the fall in global oil prices as a ‘gift' to India."We
New Delhi: Indian economy grew at a better- than-expected rate of 5.3 per cent in July-September quarter on account of improved performance of mining, power and certain services sectors.The Gross Domestic Growth (GDP) in the
New Delhi: The Indian economy logged 5.3 per cent growth in the second quarter of this fiscal, against 5.7 per cent in the first quarter, making ground for the central bank to ease interest rates
New Delhi: India has the potential to achieve 9 per cent growth rate and become a USD 10 trillion economy by 2034 on the back of concerted efforts by the corporate sector and a constructive
New Delhi: India is poised to become a $2 trillion economy this year, while its GDP size would cross another milestone of $3 trillion after five years in 2019, according to IMF's latest world economic
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