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INDIAN ECONOMY NEWS

Markets eye improved transparency in Budget: Report

January 16, 2020 12:24 pm

The DBS report noted that fiscal deficit in the first eight months of FY20, stood at 15 per cent above target, driven by weak revenues.

This $453 billion bond manager is shifting bets from India to China

January 16, 2020 4:01 pm

The $453 billion investor, an affiliate of Legg Mason Inc., is diverting some of its funds into longer-dated Malaysian and Chinese debt, according to Desmond Soon, head of investment management for Asia ex-Japan.

Impression that government prioritises non-economic agenda over development must be addressed

January 16, 2020 9:45 am

So where will the jobs come from? The job creators are entrepreneurs, conglomerates, and multinationals. It is in their nature to take investment risks as long as the returns are high enough.

Industrial production grows 1.8% in November: Government data

January 10, 2020 6:32 pm

Index of industrial production (IIP) expanded by 1.8 per cent on-year to 128.4 during the month of November, data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed.

India needs 6.3% labour productivity growth to attain 8% hike in GDP: Ind-Ra

January 09, 2020 4:41 pm

Given the growth slowdown, this looks unlikely in the near term, but is not an insurmountable task, according to Ind-Ra.

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Inflation probably breached RBI's target in December: Survey

January 09, 2020 2:01 pm

Over 60 per cent of respondents expected retail inflation, due for release on Jan. 13, to breach the upper band of the RBI's buffer range of 2 per cent to 6 per cent, with the highest forecast for 7.01 per cent.

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Sobering account

January 07, 2020 11:43 pm

NSO pegs growth at 5 per cent, Union budget must pare down expectations to reflect state of economy.

High oil prices pose threat to improvement in Indian CAD: DBS report

January 07, 2020 12:45 pm

Downbeat sentiments saw USD-INR exchange rate test past 72 to a two-month high, while the benchmark equity indices witnessed mayhem on Monday, said a report by Singapore's banking group DBS.

India's service sector activity growth hits 5-month high in December: PMI

January 06, 2020 12:25 pm

The IHS Markit India Services Business Activity Index improved from 52.7 in November to 53.3 in December, highlighting the second-strongest rate of increase in output in over a year, after July.

Reform of grain management system could free up resources for infra investment

January 06, 2020 11:08 am

The massive accumulation of grain stocks is the result of a very inefficient strategy for food management wherein the procurement for wheat and rice (paddy) remains open-ended, but the disbursal of those stocks remains largely restricted to PDS.

INDIAN ECONOMY PHOTOS

Postcards of Change: Transforming cities take centrestage

February 11, 2014 7:20 pm

Indian cities are yet to get the attention they deserve despite their role as the growth engines of the economy.

INDIAN ECONOMY VIDEOS

‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’

December 23, 2018 6:21 pm

In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.

'For the first time we have a majority govt. If some hard decisions have to be taken, they must be announced now'

October 22, 2018 2:05 pm

Former governor of Reserve Bank of India Bimal Jalan talks about how he addressed the issues of transparency and accountability in financial transactions and governance in his new book, India Ahead: 2025 and Beyond.

No need for 'exaggerated panic' among investors: Jaitley

February 12, 2016 11:55 am

New Delhi, Feb 12 (ANI): As the Bombay Stock Exchange (BSE) Sensex plunged around 800 point on Thursday, Finance Minister Arun Jaitley on Friday came out to calm the investors, saying that there was no need for an 'exaggerated panic' among investors. Jaitley emphasised that the investors should keep in mind the inherent strength of the Indian economy while investing. He added that the Government is fully committed to empower and support public sector banks by providing whatever capital requirements is required, adding that the problem of recovering bad loans from the borrowers will soon be ended.