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  For achieving 8 pc GDP growth, India should make ‘wise choice’ to head RBI: S&P

  July 22, 2016 13:02 IST

  The global rating agency Standard and Poor’s (S&P) has said that Indian economy’s success story is “pretty solid” and that the country’s GDP is expected to grow by 8 per cent in the next two

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  Quality of growth improving, but govt short of target on job creation: Crisil

  July 12, 2016 20:39 IST

  Quality of the country's growth is improving with focus shifting from populism or on boosting cyclical growth through fiscal and monetary stimuli to "repairing the system and initiating structural reforms", rating agency Crisil has said.

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  Indian economy stands out amongst emerging markets: RBI

  June 28, 2016 18:30 IST

  Despite global uncertainties, banking sector issues, the economy stands out in terms of growth as compared to other emerging markets and the Indian financial system remains stable, a report released by Reserve Bank today said.

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  India’s industrial output falls 0.8 pc in April

  June 10, 2016 18:13 IST

  The Index of Industrial Production (IIP) contracted 0.8 per cent in April compared with 0.1 per cent growth in the previous month.

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  India obvious candidate to drive global growth: HSBC

  June 10, 2016 17:51 IST

  India is the "obvious candidate" to push global growth amid a lingering slowdown but it will need sustained GDP expansion to reach, by the middle of next decade, the share of world GDP that China had at the height of its boom in 2005, says an HSBC re

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  India now a 'lower-middle-income' economy for World Bank

  June 04, 2016 7:07 IST

  The World Bank has dropped the use of developing nation tag for India in its specialised reports and instead classifies it as a "lower-middle-income" economy in South Asia, a top official has said.

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  Govt to push reforms to make India 'more developed economy': Arun Jaitley

  June 02, 2016 12:37 IST

  Enthused over encouraging GDP numbers, Finance Minister Arun Jaitley today said the government will push ahead with its reform agenda to retain the fastest growing large economy tag and help India move towards becoming "a more developed economy".

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  Must capture world markets to sustain 8-10 pc growth: NITI Aayog Vice Chairman Arvind Panagariya

  June 02, 2016 7:26 IST

  Noting that India has been "slower" than other countries in entering free trade agreements, NITI Aayog Vice Chairman Arvind Panagariya said India will need to capture some of the world markets if it has to sustain an eight to 10 per cent growth rate

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  GDP on upward curve, investors should put funds in India: Jaitley

  June 01, 2016 6:43 IST

  Tokyo: Indian economy is treading the upward curve in its growth trajectory and investors wanting higher returns should park funds in infrastructure and manufacturing sector, Finance Minister Arun Jaitley said today. As the economy clocked

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  Arun Jaitley promises structural reforms, infrastructure spending to boost growth

  May 31, 2016 11:56 IST

  Wooing Japanese investors, Finance Minister Arun Jaitley today promised more structural and market-oriented reforms as well as stepping up infrastructure spending to accelerate economic growth beyond the current 7.6 per cent. He also promised to refo

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  How PM Modi’s key economic ministries have fared in last two years

  Politics | May 26, 2016 7:10 IST

  The Indian economy is undoubtedly doing well despite various problems and bad weather conditions that impacted agriculture.

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  No chance of a ‘Lehman moment’ in India: Raghuram Rajan

  May 14, 2016 7:54 IST

  Confident of clearing up the bad-loan mess, RBI Governor Raghuram Rajan on Friday said there is "absolutely no chance of a Lehman moment" in India and a three-cornered firewall was being created to safeguard the economy from external shocks.

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  Indian economy ‘gaining momentum’ in 2016, says UN report

  May 26, 2016 23:36 IST

  United Nations :Notwithstanding delays in domestic policy reforms, India's economy is "slowly gaining momentum" and is projected to grow by 7.3 per cent this year, a UN report today forecast. The World Economic Situation and

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  Foreign banks not expanding due to India's riskier rating: Raghuram Rajan

  May 12, 2016 7:29 IST

  Foreign banks have stopped opening branches in India as they need to set aside a lot more capital due to the country's "higher risk" credit rating and they feel it is "not worth" doing so, Reserve Bank Governor Raghuram Rajan has said.

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  I don't understand Congress politics of hatred for 'suit' but love for gold: Arun Jaitley

  May 05, 2016 15:12 IST

  New Delhi: Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said today. Replying

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  Indian economy growing fastest: Jaitley counters RBI Guv’s one-eyed king remark

  April 19, 2016 20:51 IST

  New York: In a rebuttal to RBI Governor Raghuram Rajan’s remarks that India is ‘one-eyed king in the land of blind’, Finance minister Arun Jaitley today stated that the ‘Indian economy was growing much faster, in fact, the fastest’ as compared to th

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  Indian economy like ‘one-eyed’ king in land of blind: Raghuram Rajan

  April 16, 2016 14:18 IST

  Reserve Bank of India (RBI) Governor Raghuram Rajan has described Indian economy as ‘the one-eyed man’ being king in the land of blind.

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  7.5% growth not enough for India's requirement: Arun Jaitley

  April 14, 2016 6:55 IST

  Union Finance Minister Arun Jaitley today said that India's current growth rate of 7.5 per cent is not enough as per its own requirement standard and the country has the potential to do better.

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  Sensex hits 3-month high on favourable monsoon forecast, improving economy

  April 13, 2016 13:44 IST

  Market benchmark sensex was trading at over three-month highs in late Wednesday morning deals after zooming 412.71 points while the broader NSE Nifty recaptured the 7,800-level, led by buying in banking and auto stocks on likely "above normal" monsoo

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  FDI to reduce India's current account deficit: Moody's

  April 07, 2016 12:34 IST

  Credit rating agency Moody's Investors Service on Thursday said India's rising foreign direct investment (FDI) inflows reduces the current account deficit and also the external financing needs.