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Shourie's criticism of PM Modi made out of personal ambitions not being satisfied: Jaitley

May 26, 2016

Shourie's criticism of PM Modi made out of personal ambitions not being satisfied: Jaitley

Finance Minister Arun Jaitley on Wednesday played down former Union Minister Arun Shourie's criticism of Prime Minister Narendra Modi, saying he does not not attach much importance to comments made out of "personal ambitions not being satisfied". #Narendra Modi #Arun Jaitley #Vijay Mallya #Growth #Arun Shourie #Taxation
US Fed's Dudley says economy on track for a rate hike in June or July

May 20, 2016

US Fed's Dudley says economy on track for a rate hike in June or July

The New York Fed chief said he was "quite pleased" that investors had increased bets on the likelihood of a June rate hike #Inflation #Wall Street #jobs #US Fed #Growth #Dudley #Rate Hikes
Mr Swamy, none of your charges against Raghuram Rajan hold water

May 18, 2016

Mr Swamy, none of your charges against Raghuram Rajan hold water

Swamy should also take heart from the tireless efforts of his colleagues Nitin Gadkari on the highways front, Piyush Goel on the power front and Suresh Prabhu on the railway front #Subramanian Swamy #Growth #NPAs #Modi Govt #Finance Minister Arun Jaitley #RBI governor Raghuram Rajan
Swamy's Rajan comments are an insult to RBI, embarrassment to PM Modi

May 13, 2016

Swamy's Rajan comments are an insult to RBI, embarrassment to PM Modi

Swamy’s unsolicited advice to Modi to sack Rajan and send him back to Chicago (where Rajan is the Distinguished Service Professor of Finance at the Booth School), is unwarranted and nothing short of an insult to the institution that has guided the Indian economy through the perils of multiple economic crises, including the 2008 meltdown. #Inflation #Economy #BJP #Subramanian Swamy #Unemployment #Growth #Member of Parliament #PM Narendra Modi #RBI governor Raghuram Rajan
Forget Mauritius tax treaty, a delayed monsoon could spell trouble for stock market

May 12, 2016

Forget Mauritius tax treaty, a delayed monsoon could spell trouble for stock market

Equity markets quickly bounced back in today's early trade with Sensex surging over 230 points thus indicating that investors have taken in their stride the Mauritius tax pact #Sensex #FIIs #FDI #Monsoon #Growth #equity markets #mauritius tax
SoftBank's profits drop, Snapdeal GMV sees 90% increase in FY'16

May 11, 2016

SoftBank's profits drop, Snapdeal GMV sees 90% increase in FY'16

Japanese telecom giant SoftBank said its investee companies in India -- Snapdeal, Oyo Rooms, Ola and Hike -- saw good traction even though its own profits dropped 27 per cent for the fiscal ended March. #NewsTracker #Growth #SoftBank #Snapdeal #Profits #Hike #Ola
Water scarcity to harm growth, spark conflicts and migration: World Bank report

May 04, 2016

Water scarcity to harm growth, spark conflicts and migration: World Bank report

The World Bank has warned that water scarcity, exacerbated by climate change, could impact growth, spur migration and spark conflict across the globe. #World #climate change #NewsTracker #Growth #migration #Jim Yong Kim #World Bank report #Water scarcity
Core sector expands by 6.4 percent in March, highest in 16 months

May 02, 2016

Core sector expands by 6.4 percent in March, highest in 16 months

The eight core sectors expanded to 16-month high of 6.4 per cent in March due to pick-up in refinery products, fertilisers and cement production. #coal #crude oil #Natural gas #Infrastructure #Cement #steel #Growth #electricity #Fertilisers #Refinery Products #eifght core sector
India to clock 7.4 per cent GDP growth this fiscal: StanChart

May 02, 2016

India to clock 7.4 per cent GDP growth this fiscal: StanChart

The Indian economy is expected to clock a GDP growth of 7.4 per cent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report says. #Economy #GDP #Monsoon #Growth #Standard Chartered #rural demand #fiscal 2017
Indian mfg sector activity falls to 4-month low in April: PMI

May 02, 2016

Indian mfg sector activity falls to 4-month low in April: PMI

Manufacturing sector activity dropped to a four-month low in April as new orders stagnated during the month following a robust increase in March, a survey showed today, putting pressure on Reserve Bank to keep interest rates low. #Employment #Growth #Rate Cuts #MARKIT #Manufacturing PMI #RBI governor Raghuram Rajan #Pollyanna De Lima