New Delhi, Oct 4
The Planning Commission today said it will revisit the annual average GDP growth target of 8 per cent for the Twelfth Plan (2012-17) in view of the dismal performance in the first two years of the...
New Delhi, Oct 1
Bank of America Merrill Lynch (BofA-ML) today lowered its current account deficit (CAD) target for India for the current financial year to 3.2 per cent of GDP from 4 per cent earlier.
New Delhi, Sept 27
Barclays has lowered India’s FY14 GDP forecast to 4.7 per cent, saying the growth and fiscal health of the country were likely to remain under pressure, with 2014 election dynamics adding to uncer...
New Delhi, Sept. 18
The final choice of instrument or mix for the stimulus reduction may not be all that material for emerging markets like India.
September 5, 2013
Not gold and oil, but the huge import of capital goods in the UPA years has triggered the current account deficit and rupee crises. »
Mumbai, Aug 29
Economists welcome the RBI measures as short-term relief for the rupee. But building forex reserves is the key to reviving investor confidence, they say. Indranil Sen Gupta, I...
New Delhi, Aug 28
With the economy in distress, leading industrialist Ratan Tata has said India has lost the confidence of the world and the government has been slow to recognise it.He also said the governme...
New Delhi, Aug. 8
Buoyed by increased Foreign Direct Investment (FDI) inflows and greater revenue receipts for the Government, India’s business climate improved in July, says a report. The ‘BluFin Business C...
New Delhi, Oct 16
The World Bank has revised downwards India’s economic growth forecast for the current fiscal to 4.7 per cent.
This is against the 6.1 per cent growth projected in April.
New Delhi, Oct 4
India’s private sector activity contracted at a fastest rate in four-and-a-half years in September amid tighter financial conditions and heightened macroeconomic uncertainty, an HSBC survey said to...
New York, Sept 28
Citing long-term opportunities in sectors like infrastructure and defence, Prime Minister Manmohan Singh today invited US companies to invest in India while asserting that concerns about the count...
New Delhi, Sept 23
There is no room to be fearful of the rupee taking a tanking again when the US Federal Reserve decides on tapering its stimulus programme as the Government has enough ammunition in its hands to de...
New Delhi, Sept. 17
Asked not to bring in fresh expenditure proposals, overshoot budgetary targets »
Mumbai, Aug 31
Commerce and Industry Minister Anand Sharma has brushed aside the slide in India’s economic growth rate to 4.4 per cent in the April-June quarter, the worst in over four years. Arguing that the co...
New Delhi, Aug 29
Commerce Minister Anand Sharma today said he had not advocated auction or mortgaging of country’s gold stocks and only suggested that RBI look at ’monetising’ the reserves to contain the widening...
New Delhi, Aug. 14
The new advertisement campaign for the Government’s Bharat Nirman scheme, unveiled by the Information and Broadcasting Ministry on Wednesday, includes the food security and land Bills. Both the Bi...
Tokyo, July 22
Economic reforms aimed at reanimating Japan’s sagging economy will be top of premier Shinzo Abe’s to-do list after his weekend victory in upper house polls tightened his grip on power.