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One day later in Greece: The more things change, the more they remain same

Jul 01, 2015

One day later in Greece: The more things change, the more they remain same

Greece has defaulted on the payment of 1.6 billion euros that it had to make to the International Monetary Fund (IMF) by the end of the day yesterday (i.e. June 30, 2015) This is the first instance of a developed country defaulting on a payment that it owed to the IMF. #GDP #IMF #Greece #Europe #Germany #bailout #Austerity #ECB
PM Modi hears industry woes; asks them to innovate, Make in India

Jun 30, 2015

PM Modi hears industry woes; asks them to innovate, Make in India

In his meeting with the CII delegation, Modi asked the industry to cut the import reliance in oil, electronics and defence sectors and said his attention has been on speeding up the projects. He also called on the industry to innovate and Make-in-India to create jobs. #Business #Economy #GDP #Narendra Modi #TheySaidIt
ECBs, NRI deposits push external debt to $475.8 bn

Jun 30, 2015

ECBs, NRI deposits push external debt to $475.8 bn

The short-term external debt was $84.7 billion in March, showing a decline of 7.6 percent over the March 2014 level. #Economy #GDP #RBI #Rupee #NewsTracker #NRI #ECBs
Shun speed money, focus on speed: Parekh to housing sector

Jun 25, 2015

Shun speed money, focus on speed: Parekh to housing sector

Suggesting solutions for the housing sector, Parekh said faster approval processes will reduce overall costs and online approvals can bring in the much needed transparency. #GDP #Narendra Modi #HDFC #TheySaidIt #Housing #Deepak Parekh ##Cricket #Enforcement Directorate #IPL #NewsTracker #Rajasthan Royals
Fulfilling 100 smart city dream: Here is a workable but controversial solution

Jun 25, 2015

Fulfilling 100 smart city dream: Here is a workable but controversial solution

There is an element of skepticism when it comes to building our cities. While creating new ones is laudable, we never get down to maintaining what we have. #Economy #HowThisWorks #GDP #smart cities #Finance Commission #JNNURM projects
Decoding the new GDP figures: Has the recession which began in 2012 ended?

Jun 25, 2015

Decoding the new GDP figures: Has the recession which began in 2012 ended?

Has India recovered from the business cycle downturn which began in 2012, or has that downturn continued into the present? #Economy #HowThisWorks #Inflation #GDP #SEBI #Central Statistical Organisation
Devil in the detail: Choice of base year in new GDP series and revisions need clarity

Jun 19, 2015

Devil in the detail: Choice of base year in new GDP series and revisions need clarity

Doubt remains in certain quarters about the pace of recovery. Those doubts are likely to be resolved when the revised estimates for the 2014-15 GDP are published in 2016 and then further revised in 2017 #ASI #Data collection #RBI policy #base year #new series GDP #EUS
India able to do much better than 7.5% growth rate, says Jaitley

Jun 18, 2015

India able to do much better than 7.5% growth rate, says Jaitley

Jaitley, who began his 10-day visit to the US on Wednesday, said that he is "extremely pleased" with what the government has achieved in the last one year but feel that India has the ability to do much better. #Economy #GDP #Narendra Modi #TheySaidIt #Arun Jaitley
Huge debt: The real reason why Indian corporates are not doing well

Jun 16, 2015

Huge debt: The real reason why Indian corporates are not doing well

All the debt accumulated between 2004 and 2011 is now coming back to haunt India Inc. #Economy #GDP #Debt #Stock Markets #Financial Services Companies