Indian Economy

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India likely to grow at 6 per cent in 2014-15: Gita Gopinath

Gita Gopinath also pitched for India’s rating upgrade and underlined the need for fiscal prudence.


Nomura forecasts 6 pct growth for India in 2015

2016 will be a watershed year as Indian economy will start outpacing China.


‘Inflation woes mostly self-created, no broad trend across Asia’

Even in last fiscal average interest offered by banks on term deposits lagged CPI inflation.

Budget hits right notes on governance reform

The Budget holds a few big-ticket moves as well and I am confident there will be more as the government finds its footing.


Tipping its hand

Budget will articulate government’s worldview, priorities, five-year agenda.


Shutting the black money window

Various reports and assessments made over the years estimate the black money amount at 20% or even at 100% of the GDP.


Bitter sweet

Healing the sugar sector and curbing inflation need brave reform.


‘Leading Economic Index for India increased 0.7 pct in May’

LEI for India has successfully signalled turning points in the economic cycles of India.


PM Narendra Modi’s win positive for Indian companies: Franklin executive

India could witness a very strong cyclical recovery, according to a Singapore-based portfolio manager.


Containing high food inflation to be govt’s top priority: President

Referring to high food inflation, President says said new govt will give ‘top most priority’ to contain it.

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In need of stimulus

When food prices are driving inflation, an investment fillip is the answer.


Tax on ‘super rich’ may continue for another year to aid slowing economy

FinMin is left with few sources of revenue generation to support spending expansion.

GDP growth in FY14 below 5% for fourth straight year, misses estimate

Per capita income has risen only 2.7% in FY14 to R 39,904; investment level down 28.3% of GDP.

Preparations for Budget kick-off with new finance minister

The presentations lasted for a little more than an hour with the meeting being attended by all secretaries, economic advisors, and joint secretaries.


The power of small

MSME growth is the answer to the job crunch. But the sector needs a nudge