India’s government will turn on the fiscal taps in the federal budget on Friday and revise its borrowing target slightly higher for this year and next, prompted by a slowing economy and weak jobs growth, a Reuters poll of economists showed
Job creation: Arvind Panagariya says India needs to grow at 8-10% annually, export-led growth critical to generate employment
India needs to grow at 8-10 percent annually if good jobs have to be provided to those joining the workforce, eminent economist Arvind Panagariya has said, emphasising that the country must return to an export-led economy to generate employment with higher salaries
RBI cuts interest rates by 25 bps to 5.75% third time this year to boost growth; changes stance to accommodative
Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 percent Thursday and said its future monetary policy stance will be more accommodative
The RBI on Thursday lowered the GDP growth forecast for the current fiscal to 7.2 percent from the earlier estimate of 7.4 percent amid probability of El Nino effects on monsoon rains and uncertain global economic outlook
High growth necessary for poverty alleviation, need to ensure benefits of development reach the poor: Arun Jaitley
"Economies like ours all over the world need a high rate of growth. We want to use growth as a mechanism to pull the maximum number of people out of poverty, improve upon quality of life but we are conscious of the fact that dangers of development and progress benefiting a few and leaving many others out of inclusion system are also there," Arun Jaitley said.
High growth under UPA govt led to dramatic economic collapse, says NITI Aayog Vice-Chairman Rajiv Kumar
NITI Aayog Vice-Chairman Rajiv Kumar said that the over 10 percent growth rate during the Rajiv Gandhi government was debt-funded, leading to disastrous collapse of growth in 1990-1992, forcing India to physically transfer gold reserves abroad to avoid a debt service default.
Netflix said it expected more competition from international players including in Germany and France.
'Modi's GST, demonetisation wildly positive measures, always goes against interests of the entrenched', says Warburg Pincus boss Chip Kaye
India’s Goods and Services Tax (GST), the country’s most ambitious indirect tax reform since independence is a “wildly positive” measure for the medium to long term and those who attack it are probably doing so because the nature of game changing reform is that it goes against the interests of the “entrenched”, Chip Kaye
Located at Indian Astronomical Observatory (IAO) in Ladakh it ‘s country’s first robotic telescope.
The Congress claimed that the double whammy of a "Modi-made disaster of demonetisation" and implementation of a flawed GST were responsible for the economy's downturn.
P Chidambaram's pakoda jibe is an insult to small business owners, betrays mindset of middle and upper class
P Chidambaram's comments were in poor taste He ought to withdraw them immediately, and without reservation.
P Chidambaram takes dig at Narendra Modi: BJP accuses Congress of insulting poor and aspirational Indians
Taking a swipe at Prime Minister Narendra Modi for his remarks that selling 'pakodas' was a kind of employment, Chidambaram tweeted, "Even selling pakodas is a 'job', said PM. By that logic, even begging is a job. Let's count poor or disabled persons who are forced to beg for a living as 'employed' people."
P Chidambaram says Centre 'clueless about how to create jobs'; BJP reacts saying he 'insulted every poor person'
"The truth is India is witnessing a three-year spell of modest, but jobless, growth and the government is clueless about how to create jobs," P Chidambaram said about job creation
Narendra Modi in Davos: IMF’s 7.4% GDP forecast is a gift to PM, but why are foreigners more optimistic about growth than CSO?
At the World Economic Forum (WEF) in Davos to hard-sell the India story, Prime Minister Narendra Modi (WEF) received a shot in the arm when the International Monetary Fund (IMF) projected 7.4 percent growth for the Indian economy in 2018
Union minister Nitin Gadkari said that the forthcoming budget will see priorities in agriculture and infrastructure investment as country targets to achieve double-digit growth in due course
After a short period of slowdown in the economy, India is reclaiming its place as a growth leader, first deputy managing director of the International Monetary Fund (IMF) David Lipton said on Monday.
The select group of economists and various sector experts have been invited by NITI Aayog for the deliberations with the prime minister on 'Economic Policy: The Road Ahead'.
IBM shares surged 5 percent on 18 October after the world’s first big computing company beat expectations on third-quarter revenue.
Cut or no cut? The RBI will issue the policy statement shortly
The argument against Narendra Modi, that he mishandled the economy, is unsupported by data, If anything, he has done what few politicians dare to do