July-September estimate revised to 7.7% from earlier calculation of 7.4%
The HK Chief Executive stated that it has the expertise and capacity to arrange a diverse range of fund-raising options, including syndicated loans.
In July 1991, the RBI pledged 46.91 tonnes of gold with the Bank of England and the Bank of Japan to raise $400 million but the government was quick to repurchase it months later as the situation improved.
The ‘tight fiscal, easy monetary’ policy mix can better address problems that plague private investment.
As per a prominent investor, the market has seen a correction in 2015 and is expected to gain in 2016.
A country that aspires to become an economic superpower must first become a science & technology superpower.
We need a national framework to address agricultural problems.
The Narasimham Committee-II had suggested that these institutions should either convert themselves into banks or non-banking financial companies (NBFCs).
The GDP growth data released on Monday reveals that in the quarter ended September 2015, the growth in construction sector slowed to 2.6 per cent, down from 8.7 per cent in Q2 FY15.
The tell-tale sign is the flat growth rate: 7.3 per cent in 2014-15, 7.0 per cent in Q1 of 2015-16, and the forecast of 7.3 per cent for the whole of 2015-16.
Raghuram Rajan’s instrumental view isn’t as full a defence of tolerance as we need.
Unrealistic ambition and incremental reforms can be self-fulfilling prophecies.
As per the survey, PMI was weighed down by slower increases in new orders and output as growth of new work moderated to the weakest since June, reflecting challenging economic conditions.
Considering that big corporates are over-leveraged, banks need to explore new avenues for profitable lending to spruce up their balance sheets.
Jaitley also underlined the need for kick-starting the manufacturing sector and giving a boost to small and medium enterprises with a view to generating more jobs.