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”.
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.
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 […]
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 […]