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November 23, 2015 10:28 am

The Prime Minister’s comment comes ahead of the GDP data for the second quarter of FY16 expected this week. India’s economy grew by 7.3 per cent in FY15 and by 7 per cent in Q1FY16.

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November 22, 2015 11:29 am

Reforms like land acquisition bill and GST have been stuck due to political logjam in Parliament.

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November 21, 2015 1:24 pm

Rajan said he hopes India will emulate China's growth rates and the country would like to learn from things China got right.

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November 16, 2015 4:40 pm

Inflation based on Wholesale Price Index has been in the negative zone since November last year. It was (-)4.54 per cent in September. In October last year, it was 1.66 per cent.

New Delhi:Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Arun Jaitley during the International Conference on “Networking the Networks”, in New Delhi on Monday.PTI Photo by Manvender Vashist(PTI11_2_2015_000042A)
November 4, 2015 11:41 am

Arun Jaitley was speaking at the World Economic Forum in New Delhi

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October 30, 2015 2:36 am

The World Bank, however, lowered India’s GDP growth to 7.8 per cent in 2016-17 and to 7.9 per cent in 2017-18.

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October 29, 2015 1:44 am

China is ranked 84 and Pakistan is at 138th place. Pakistan in fact has slipped 10 spots from 128 last year while China has moved six spots in a year from 90 since the last report.

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October 25, 2015 12:44 pm

Retail inflation in pulses and products category has risen after prices of lentils reached as high as Rs 210/kg, while that of spices have witnessed rose 9.2 per cent, it said.

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October 24, 2015 12:45 am

‘The RBI a very credible institution, nothing will be done in MPC that undermines the role of the RBI’.

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October 23, 2015 8:31 am

Tokyo's push in India comes just weeks after it lost out to China on the contract to build Indonesia's first fast-train link.

October 19, 2015 2:08 pm

He also called for more coordination between leading central banks, saying there is a need for more optimal use of the monetary policy tools globally as the world is increasingly staring at deflation.

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October 13, 2015 1:49 am

The index grew at 8.4 per cent in October, 2012. After that, it has touched the highest level of 6.4 per cent in August.

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October 12, 2015 7:22 pm

While the price rise in the food and beverages category almost doubled from a month earlier to 4.29 per cent in September, inflation in cereals and products was also higher at 1.38 per cent.

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October 6, 2015 10:28 pm

According to the report, in India, inflation is expected to decline further in 2015, reflecting the fall in global oil and agricultural commodity prices.

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October 6, 2015 2:17 pm

Arun Jaitley said the revolution of raising expectations in India is a good sign.

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September 30, 2015 10:52 am

The Finance Ministry on Tuesday forwarded a report published in Financial Times, London, that said "India grabs investment league pole position."

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September 30, 2015 8:50 am

RBI in its fourth bi-monthly monetary policy for the current fiscal reduced the lending rate by 0.5 per cent with a view to boosting growth.

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September 21, 2015 9:32 am

Jaitley said monetary policy plays an important role in stimulating growth and is hopeful that RBI will act with a sense of responsibility on this front.

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September 17, 2015 6:38 pm

Deputy governor of Reserve Bank of India, Urjit Patel said a prime reason for the relatively high cost of capital in India was the cost of restructuring bad loans.

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September 17, 2015 2:39 pm

Jaitley did not elaborate on the disputes or the resolutions being worked out.

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September 14, 2015 2:19 pm

Jaitley said the government has tried to resolve the legacy issue by governmental decisions, legislation or even by accepting judicial mandate.

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September 14, 2015 12:58 pm

The annual rate of inflation stood at 3.85 percent in the corresponding month of the previous year, according to data released by the commerce and industry ministry.

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September 12, 2015 4:00 am

Experts say it is likely to fall further in the current year but pick up next year

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September 8, 2015 11:28 am

Moody's Investors Service on Tuesday said Indian economy would grow at 7 per cent in the current fiscal on the back of slow recovery in industrial output and investment.

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September 5, 2015 6:03 pm

"Recent episodes of market volatility and currency movements again pose a lingering question on the need for global safety nets for addressing market concerns," said Jaitley.

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August 31, 2015 7:59 pm

While this is much higher than the 6.7 per cent growth clocked in the first quarter of 2014-15, it is muted compared to the 7.5 per cent growth in the January to March quarter of last fiscal.

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August 28, 2015 12:42 pm

Somers said it becomes very clear to any observer that in the next several months India's long-awaited GST boll is likely to get cleared, paving way for a more streamlined tax regime.

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August 27, 2015 11:44 am

Indebted developers are cutting staff as they slow work on existing projects and postpone new buildings until they clear a backlog of 700,000 unsold homes.

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August 25, 2015 2:42 am

With India being the net importer of these commodities, there will be positive impact of the development on the economy.

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August 24, 2015 9:24 pm

"The fragility of the world economy today is precisely because it has focused on quick-fixes rather than deep reforms, " RBI chief Raghuram Rajan said.

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August 18, 2015 1:32 am

Just a day before that, the ministry also cleared an application by Shandong Tiejun Electric Power Engineering Company Ltd to set up a project office in India.

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August 18, 2015 1:33 am

Kingfisher Airlines, which now owns Deccan Aviation, and Jet Airways India have been ordered to deposit Rs 5 lakh and Rs 25 lakh, respectively.

August 18, 2015 1:33 am

Holcim and Lafarge had announced a $44 billion dollar alliance to create the largest cement company in April.

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August 15, 2015 2:28 am

Economy stabilised, ‘significant improvement’ can be expected during the current fiscal, says Centre

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August 12, 2015 6:49 pm

Retail inflation has halved over the 19 months from double digit levels, giving the RBI scope to ease policy rates to help boost growth.

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August 12, 2015 10:09 am

The rupee's slide comes after China's move to devalue the yuan. It has also sparked fears of a global currency war.