Economy Of-india

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Economy Of-india - Total results - 138
‘Indian economy has capacity to bounce back’: Narendra Modi calls for focussed efforts to achieve $5 trillion target in NITI Aayog meeting
India

‘Indian economy has capacity to bounce back’: Narendra Modi calls for focussed efforts to achieve $5 trillion target in NITI Aayog meeting

Unfazed by projections of GDP growth slowing to an 11-year low in the current fiscal, Prime Minister Narendra Modi on Thursday said the fundamentals of the Indian economy are strong and it has the capacity to bounce back.

7.5% growth not enough to employ 1.2 cr people joining India’s workforce every year: Raghuram Rajan
Business

7.5% growth not enough to employ 1.2 cr people joining India’s workforce every year: Raghuram Rajan

Raghuram Rajan said there were some headwinds in the aftermath of structural reforms and the government was on its way to resolve these issues.

India likely to become a $5 trillion economy in next eight-nine years
News & Analysis

India likely to become a $5 trillion economy in next eight-nine years

India is already ranked as the most active Internet user globally on a monthly basis. Digital transactions will touch $100 trillion in the next 10 years.

Demonetisation anniversary: Narendra Modi a visionary but PM must take persuasive approach to reforms
Business

Demonetisation anniversary: Narendra Modi a visionary but PM must take persuasive approach to reforms

The jury is still out on whether demonetisation was a good or bad policy and whether it has met its stated and unstated objectives but one year into Narendra Modi's incredibly disruptive move, the perils of forcing through a major policy decision in a diverse democracy is clear.

India can become a 'great power' if it gets health, education and governance right
India

India can become a 'great power' if it gets health, education and governance right

Even in 2016, India is distracted by things like anti-national slogans, skirmishing with neighbours and issues of culture and identity. Mob violence and lynchings are common and it doesn’t really matter which government is in power. Till we get these basics rights, our march towards becoming a great power will remain slow.

Don't be despondent despite tough economic situation: Pranab to industry
Economy

Don't be despondent despite tough economic situation: Pranab to industry

Mukherjee said, "High inflation, higher current account and fiscal deficits, low growth rate no doubt are areas of concern. But these should not lead us to despondency."

Need new strategy to grow over 8% in 12th Plan: PComm
Economy

Need new strategy to grow over 8% in 12th Plan: PComm

Pointing out that 12th Plan has started at a time when the conditions are unfavourable, Sen said that a new strategy would be needed to achieve higher growth.

'We'll bounce back to 8% growth rate, no policy paralysis in UPA 2'
Economy

'We'll bounce back to 8% growth rate, no policy paralysis in UPA 2'

Union Home Minister P Chidambaram said that after good growth rates of over eight percent during the past some years, 2011-12 was a difficult year owing to the eurozone debt crisis and the growth rate declined to 6.7 percent.

Sensex to gain 10 percent by year-end: Poll
Investing

Sensex to gain 10 percent by year-end: Poll

A poll of economists suggests that Sensex is set to gain ten percent by the end of the year aided by a slump in oil prices and foreign investment.

Sensex closes in green, Axis Bank down 3% on HSBC stake sale
Investing

Sensex closes in green, Axis Bank down 3% on HSBC stake sale

It was a volatile session in the markets, however, both the BSE and NSE managed to close in green (0.14 percent) for the second consecutive today (expiry day for June series)

Rupee effect: Bajaj Auto to raise prices on high input costs
Business

Rupee effect: Bajaj Auto to raise prices on high input costs

The rupee hike has made motorcycle maker Bajaj Auto to hike the prices of their bikes owing to the rising costs of the raw material. The company had increased costs earlier this year citing high input costs.

India's gold imports may rise on steady prices
Economy

India's gold imports may rise on steady prices

Experts say that India's gold imports are likely to rise in the next six months if local prices steady around 30,000 rupees for 10 grams.

Why Moody's is not negative on India
Economy

Why Moody's is not negative on India

India's not over and out as far as Moody's is concerned. The global rating agency maintains that it is still bullish on India's growth story and said that poor business sentiment is not a permanent situation.

No economic tsunami, rating firms shouldn't lower India's outlook: Moily
Economy

No economic tsunami, rating firms shouldn't lower India's outlook: Moily

Corporate Affairs Minister Veerappa Moily today said there was no "economic tsunami" in the country and global rating firms should redesign their assessment parameters.

BJP slams govt, says country facing economic emergency
Economy

BJP slams govt, says country facing economic emergency

The BJP Tuesday said that the government is trying to protect the business interests of some foreign corporates and capitalists, due to which unemployment and inflation have touched the peak.

RBI rationalises procedure for availing ECBs
Business

RBI rationalises procedure for availing ECBs

The central bank today revised procedures for the companies which want to tap the external commercial borrowings (ECBs).

Falling rupee traps global investors without exit options
Business

Falling rupee traps global investors without exit options

The falling rupee has shaved off a year's returns for global PE firms which poured tens of billions of dollars into India investments when the economy and currency were flying high a few years ago.

India-EU free trade to support both stumbling economies
Economy

India-EU free trade to support both stumbling economies

To support their stumbling economies, India and EU might sign a free trade agreement. The countries are resolving differences over excise duties but say that a deal in the offing.

Some global banks more powerful than central banks: Y V Reddy
Economy

Some global banks more powerful than central banks: Y V Reddy

Former RBI governor Y V Reddy lashed out against rating agencies and accounting firms saying that they enjoy an oligopolistic power over the markets, and said that some large international banks enjoy significant influence over political economy .

Govt to consult Sebi on investment of PSUs' surplus funds
Economy

Govt to consult Sebi on investment of PSUs' surplus funds

The government wants that these units should invest their funds, mainly in infrastructure sector, to promote growth and bring down the country's fiscal deficit to 5.1 percent in the current fiscal.