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The making of history: Modi Econ 2.0 has started with a big bang
Modi Econ 2.0 has started with a big bang — the largest corporate tax cut in world history for new manufacturing firms. Surely this is just the beginning.
Big-bang India Inc.entive: Historic step, will attract global pvt investment, says PM
The government further announced a rollback back of the higher surcharge on capital gains on sale of equity shares announced in this Budget for individuals, HUFs, Association of Persons (trusts).
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China cuts banks' reserve ratios, frees up $126 billion for loans as economy slows
Analysts had expected China to announce more policy easing measures soon as the world's second-largest economy comes under growing pressure from escalating U.S. tariffs and sluggish domestic demand.
Govt could use RBI excess funds for big capital push in time of slowdown: Top official
Surplus funds received from RBI will not be used on the revenue account but rather to push up capital investment in the economy, the official indicated.
Explained: In economic slowdown, a back story of falling investor confidence
Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed.
High growth rate possible with growth in manufacturing: Economist Rakesh Mohan
Highlighting the issue of stagnation in the manufacturing industry with zero growth seen in exports, he said, “All countries that sustained high growth rates did so on the back of manufacturing."
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'India's economy is in deep mess': Rahul Gandhi after Niti Aayog chief calls for unprecedented steps
Gandhi's comments came after Niti Aayog Vice-Chairman Rajiv Kumar acknowledged that the government is faced with an “unprecedented issue” and that it needs to take steps that are “out of the ordinary”.
Economy seems to be the last of the concerns of the government after operation J&K
The economy is one area where muscular nationalism will not work. On the contrary, it may work to the detriment of the economy.
There is a fundamental problem of demand today. At the core of it is incomes that aren’t rising enough
The certainty that producers once enjoyed — of finding buyers for their wares without doing much beyond minor price adjustments to bring supply and demand into equilibrium — has ceased to exist.
Maharashtra: Owned households in state declining but access to sanitation improving
The decline in owned houses is being blamed on the splitting up of the joint family system and the increasing trend of nuclear families.
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Congress has no faith in us or any other institution because it has no faith in itself: Narendra Modi
Prime Minister Narendra Modi said the Congress party has no faith in the government, the CJI, the RBI or any international organisation that gives data on India's growth. He said it is because Congress has no faith in itself.
Bank officials under CBI probe has risen 5 times in the last 4 months: News in Numbers
The number of bank officers arrested or facing charges for being involved with bad loans has gone up five times in the last four months. Here’s the #NewsInNumbers. See more: https://bit.ly/2IM1j4c
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Post-demonetisation, GDP figures dip to 6.1 pc
Post-demonetisation, the GDP data has showed growth of India’s economy declined to 6.1 per cent in the January-March quarter. With a gross domestic product growth of 6.1 per cent in the fourth quarter, India has lost the tag of the world’s fastest growing major economy to China . For the full 2016-17 fiscal, GDP growth […]
US Fed Leaves Rates Unchanged: Analysing The Decision & Its Impact On India
The U.S. Federal Reserve kept interest rates unchanged on Thursday in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year. In what amounted to a tactical retreat, the U.S. central bank said an array of global risks and other factors had convinced […]
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