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INDIAN ECONOMY NEWS IN ENGLISH

  • Arun Jaitley

    India to stay on high growth path for 10-20 years: Jaitley

    April 01, 2016 14:46 IST

    India will continue on the current path of growth for a couple of decades more, bringing benefits of liberalisation to its people and eliminating the curse of poverty, Finance Minister Arun Jaitley said here today.

  • Asian Development Bank

    ADB cuts India's growth forecast to 7.4 per cent for 2016-17

    March 30, 2016 11:23 IST

    Global headwinds will pull down India's growth rate to 7.4 per cent in the next fiscal from 7.6 per cent this year but more reforms will help the country remain one of the fastest growing economies in the world, the Asian Development Bank said today.

  • PM Narendra Modi

    Indian economy a bright spot due to good policies: PM Modi

    March 29, 2016 7:09 IST

    Prime Minister Narendra Modi on Monday said that India's economy was a bright spot in the world due to his government's good policies and not good fortune.

  • indian economy

    Crisil sees GDP growing at 7.9% in 2016-17

    March 12, 2016 12:33 IST

    The country's GDP can grow by 7.9 per cent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said on Friday.

  • Christine Lagarde

    India's star shines bright in global gloom: IMF chief

    March 12, 2016 12:27 IST

    With young workforce and continuing policy reform, India has not only emerged as the fastest-growing economy, but its stars also shine bright amid the current global gloom, International Monetary Fund (IMF) Managing Director Christine Lagarde said on

  • narendra modi

    India shows economic growth, social stability can go hand-in-hand: PM Modi

    March 12, 2016 13:46 IST

    Prime Minister Narendra Modi on Saturday said even as India is now the fastest growing economy and ranks at the top in terms of favoured investment destination, reforms will continue to be pursued in the right earnest.

  • economic survey highlights indian economy to grow by 7 7.75

    Indian economy to grow by 7-7.75% in 2016-17

    February 26, 2016 20:23 IST

    New Delhi: Union Finance Minister Arun Jaitley today presented the Economic Survey in Parliament. The survey for 2015-16 presents an optimistic picture of Indian economy amidst volatility in the international economic environment.The survey underlined that

  • india is gateway to asian markets says south african

    India is gateway to Asian markets, says South African Minister

    February 25, 2016 10:29 IST

    Johannesburg: Terming India as a gateway to Asian markets and a key-player in the regional economy, South Africa has said the bilateral trade between the two countries has doubled in four years. "Figures showed that trade

  • indian economy a haven of stability says president mukherjee

    Indian economy a haven of stability, says President Mukherjee

    February 23, 2016 13:12 IST

    New Delhi: Describing India as "a haven of stability" in a turbulent global economy, President Pranab Mukherjee today said the government has simplified procedures for approvals, repealed obsolete laws and put in place a non-adversarial

  • andhra pradesh attains double digit growth in present fiscal

    Andhra Pradesh attains double-digit growth in present fiscal

    February 22, 2016 16:24 IST

    Vijayawada: Andhra Pradesh has achieved double-digit growth in the current fiscal, with 10.5 percent growth up to December 31, a senior official said today.The growth in 2014-15 was 8.39 percent at constant prices, against India's growth

  • india s gdp to grow next fiscal at 7.5 percent moody s

    India's GDP to grow next fiscal at 7.5 percent: Moody's

    February 18, 2016 16:14 IST

    Mumbai: Indian economy will grow at 7.5 percent in 2016 and 2017 as it is relatively less exposed to external headwinds, like China slowdown, and will benefit from lower commodity prices, US agency Moody's Investors

  • india s gdp numbers dependable and trustworthy world bank

    India's GDP numbers dependable and trustworthy: World Bank Chief Economist

    February 14, 2016 16:45 IST

    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

  • india only economy not affected by global economic crisis

    India only economy not affected by global economic crisis: PM Modi

    February 14, 2016 16:32 IST

    New Delhi: India is the only economy which has not been affected by the global economic crisis which has hit the world, primarily due to the policies being implemented by the government, Prime Minister Narendra

  • 7.6 growth amid global turmoil is noteworthy finance

    7.6% growth amid global turmoil is noteworthy: Finance Ministry

    February 11, 2016 13:48 IST

    New Delhi: Terming the 7.6 per cent growth projection for current fiscal as "noteworthy and very significant" amidst global turmoil, Finance Ministry today said the government is keeping a close watch on developments and is

  • india set to overtake china with a 5 yr high gdp growth of

    India set to overtake China with a 5-yr high GDP growth of 7.6%

    February 08, 2016 22:45 IST

    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

  • fdi india growing 48 percent falling elsewhere nirmala

    FDI India growing 48 percent, falling elsewhere: Nirmala Sitharaman

    February 08, 2016 21:46 IST

    Mumbai: Foreign direct investment in India has been growing around 48 percent despite the global economic slowdown that has seen FDI declining elsewhere, Commerce Minister Nirmala Sitharaman said on Monday."FDI in the world is falling...

  • indian industry wants a demand oriented budget from arun

    'Indian industry wants a demand-oriented budget from Arun Jaitley'

    February 05, 2016 11:44 IST

    New Delhi: MSME (Micro, Small and Medium Enterprise) sector plays a crucial role in the growth of economies like India.  No country can overlook the demands and aspirations of MSME entrepreneurs if it has to

  • india s economy relatively unimpacted by global crisis says

    India's economy "relatively unimpacted" by global crisis, says Arun Jaitley

    February 04, 2016 0:06 IST

    New Delhi: Amid global uncertainty, Finance Minister Arun Jaitley today said it is important for India to emerge out of the crisis stronger as it is on a much higher and stabler footing than other

  • indian economy has potential to grow at 8 per cent montek

    Indian economy has potential to grow at 8 per cent: Montek Singh Ahluwalia

    January 28, 2016 19:37 IST

    New Delhi: Indian economy, which expanded at 7.7 per cent between 2003 and 2014 has the potential to clock 8 per cent growth in the near future, Planning Commission's former deputy Chairman Montek Singh Ahluwalia

  • apple ceo tim cook bets big on india s economic reforms

    Apple CEO Tim Cook bets big on India's economic reforms

    January 28, 2016 13:10 IST

    New York:  Tech giant Apple's CEO Tim Cook has applauded the economic reforms unveiled by India, saying the world's third largest smartphone market presents a "very good business environment" going ahead.Apple, maker of the iconic

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