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Friday, May 27, 2022

July infrastructure output in India: Eight core sectors growth hits 3.1%

September 2, 2013 5:39:38 pm

Growth in July is higher than previous month when core sectors expanded by just 0.1 per cent.

Speedier clearances no magic wand for Indian economy to clear infrastructure logjam

September 2, 2013 4:37:00 pm

Stroke of a pen in New Delhi will not be enough to kickstart the moribund economy.

Economic worry shifts to emerging markets

September 1, 2013 7:13:40 pm

Long hailed as the hungry new tigers of the global economy,the world's biggest emerging markets will be the chief economic focus at the G20 summit in Russia this week as their once surging prospects suddenly dim.

India to save $8.5 bn in oil imports from Iran: Moily to PM

September 1, 2013 1:50:21 pm

India plans to save over USD 8.5 billion in foreign exchange this fiscal by increasing crude oil imports from Iran,Oil Minister M Veerappa Moily has told Prime Minister.

Govt mulling Rs 5 a litre hike in diesel prices as fuel subsidy bill balloons

August 31, 2013 3:25:20 pm

Loss on subsidised fuel sale could touch Rs 1.8 lakh crore,says Oil Minister M Veerappa Moily.

Manmohan Singh fights for “reformer” legacy as economy totters

August 30, 2013 6:21:49 pm

An economist by training,Manmohan Singh's long political career has been book-ended by crises.

Standard Chartered cuts India’s FY’14 GDP growth forecast to 4.7 pct

August 30, 2013 3:14:54 pm

The government in February had projected 6.5 pct growth for 2013-14.

Easy reforms over,time now for difficult ones,says Manmohan Singh

August 30, 2013 2:43:37 pm

The UPA govt has been pursuing the principal opposition party BJP to get through the hike in FDI.

June quarter GDP growth will be relatively flat: Manmohan Singh

August 30, 2013 2:37:02 pm

The growth in the first quarter of last fiscal was at 5.5 per cent.

PM sees growth pick up but inflation hit from rupee slide

August 30, 2013 12:57:53 pm

India's economy should pick up in the second half of fiscal year 2013-14,says Manmohan.

Consumer inflation data not robust enough: Subbarao

August 30, 2013 11:33:53 am

'New CPI has 19 data points,which is not sufficiently long for a statistically robust analysis.'

GDP expected to grow 4.7 per cent in June quarter: poll

August 30, 2013 9:13:53 am

Growth virtually halved in 2 yrs to 5% in fiscal year that ended in March,the lowest level in a decade.

Moody’s warns India over Food Security Bill,wields ‘credit negative’ threat

August 29, 2013 1:10:18 pm

Moody's Investors Service has the lowest,Baa3 sovereign rating on India already.

BNP Paribas cuts India’s GDP forecast sharply to 3.7 per cent

August 28, 2013 2:37:11 pm

RBI's cash draining measures have increased risks to economic growth,says BNP.

Rocky road ahead for India,says Standard & Poor’s

August 28, 2013 12:41:34 pm

On a positive,rating agency says domestically driven economies such as India face lower growth risks.

Indian economic growth seen below 5 pct in 2013-14: Poll

August 27, 2013 3:53:18 pm

The Reserve Bank of India's defence of the Indian rupee has put another brake on an economy.

India’s export growth picked up in July: Chidambaram

August 27, 2013 12:35:34 pm

'India's exports rose 11.64 percent in July to $25.83 billion'

Current account deficit may come down to $70 bn in 2013-14: Rangarajan

August 26, 2013 4:40:01 pm

CAD widened to a record high of $88 billion or 4.8 per cent of the GDP for fiscal ended March 31.

Fitch warns India on weak fiscal,says may cut credit rating if deficit target not met

August 26, 2013 1:02:57 pm

Last fiscal,govt massively cut expenditure to meet deficit target on warnings by rating agencies.

Fears on return of capital controls over-played: Assocham

August 25, 2013 3:18:39 pm

The panic witnesssed in Indian market on fears of re-introduction of capital controls by the RBI to curb the slide of the rupee was over-played,industry body Assocham said today.

Falling Indian rupee is shoring up engineering exports

August 25, 2013 2:44:20 pm

Following the improvement in the July shipments,engineering exporters are now banking on the battered rupee.

GST dispute resolution body to be set up: Parthasarathi Shome

August 24, 2013 3:42:49 pm

The portion under the GST would only get input tax credit,Parthasarathi Shome said.

EPFO settles over 96% claims filed in Apr-July in set 30 days

August 23, 2013 2:14:12 pm

EPFO has planned to launch facility of online settlement of transfer of PF accounts on changing jobs in next weeks.

As Indian rupee,BSE Sensex crash,Kaushik Basu gives economy a boost,says,’IMF loan not needed’

August 19, 2013 12:54:51 pm

Use forex reserves to curb Indian rupee volatility,says Kaushik Basu.

Telecom sector received Rs 58,782 cr FDI in last 13 years

August 18, 2013 5:14:45 pm

The country's telecom sector has received a cumulative foreign direct investment (FDI) of USD 12,865 million (Rs 58,782 crore) in the last 13 years,which comprises 7 per cent of the total FDI inflows.