Indian Economy

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Economy to grow 5.5 pct this fiscal: Govt

If the forecast materialises, it would mark an improvement from two successive years of below 5% economic growth in India.


WPI inflation drops to zero per cent in November

WPI inflation eases for a 6th straight month in November to its lowest in nearly 5-1/2 years.


India likely to improve economic growth to 6.3% in 2016: UN report

UN report says India is likely to make progress in implementing economic policy reforms and help provide support to business confidence.

Structural reforms can bring sustained growth at 8%: Sinha

Listing the priorities before the government, he said, there is a need to pursue macroeconomic stability, build world class infrastructure, unlock entrepreneurial energy and put in place a social security system.

Large investments are waiting … We have to open the doors: Jaitley

Finance minister Arun Jaitley on Wednesday spelt out further reforms including plans to raise the foreign investment cap in insurance sector.


A new deal for the states

As states face a renewed fiscal crisis, the Modi government should shed Delhi’s old patronising ways, restructure states’ debt.


India services PMI jumps to 5 month-high in Nov: HSBC

Services sector activity in India accelerated at the fastest pace in five months in November…

Read more: HSBC, Indian economy

First test for govt: Q2 GDP growth estimated to dip

The third and fourth quarters numbers are likely to be better.


India GDP print seen weak, Arun Jaitley to press RBI to cut

FM Arun Jaitley would argue for RBI Governor Raghuram Rajan to lower interest rates.


India’s July-Sept GDP growth seen around 5 pct y/y: Govt sources

India’s economic growth probably slowed to around 5 percent in the three months to September…

Jaitley for rate cut to provide ‘good fillip to economy’; RBI says decisions not based on ‘popular demand’

The government has been hoping to rev up economic growth this fiscal, which was less than 5 per cent for two straight years.


UK Deputy PM Nick Clegg attributes South Asia growth to ‘Modi dividend’

UK’s coalition leader quoted recent World Bank figures, which forecast South Asia to grow by over 6 per cent this year.


NCAER lowers India’s GDP growth forecast for this year to 5 pct

Economic think-tank had suggested that the Indian economy was likely to grow at 5.7 per cent in 2014-15

Many investors, especially ones in retail, feel left out as equity returns have zoomed past other asset classes returns.

Long-term investments in equities is the way forward

Lower oil subsidy has eased burden on fiscal deficit.


Oil Ministry to overhaul exploration policy: Dharmendra Pradhan

Oil Minister Dharmendra Pradhan plans to overhaul the exploration policy to attract investors.