Thursday May 28, 2015
Industrialist Adi Godrej on Wednesday said the Narendra Modi government is "clearly on the path of reform and if the Goods and Services Tax (GST) comes into effect next April, India could see a GDP growth of over 10 per cent.
India News | Agence France-Presse | Friday May 22, 2015
Finance Minister Arun Jaitley acknowledged on Friday that the government could miss its deadline to implement a key tax law amid criticism of the pace of economic reforms after a year in office.
Thomson Reuters | Monday May 11, 2015
Rating agency Moody's on Monday said credit conditions are likely to improve for rated Indian corporates over the next 12-18 months on the back of an upturn in economic activities, government's reform push and transmission of monetary easing.
Thomson Reuters | Saturday May 9, 2015
China will increase its healthcare subsidies by 19 per cent this year as part of efforts to deepen social reforms and strengthen safety nets, the government said on Saturday.
Wednesday May 6, 2015
A major tax reform cleared a key hurdle in parliament on Wednesday, when the Lok Sabha passed a bill to replace a patchwork of levies by the central and state governments with a single nationwide sales tax.
World News | Reuters | Sunday April 26, 2015
Kazakh President Nursultan Nazarbayev was set to renew his 26-year grip on power on Sunday, offering the multi-ethnic Central Asian state economic and social stability in return for what rights groups call systematic suppression of opposition.
Thomson Reuters | Saturday April 25, 2015
Parliament began debating the Goods and Service Tax (GST) on Friday that seeks to transform the country into a common market, but experts said compromises made to enlist the support of states risked diluting the impact of the biggest tax reform in de...
Friday April 17, 2015
The 2010 reforms, a doubling of IMF funding and a reallocation of voting power to boost China and other up-and-coming economic powers.
Thursday April 9, 2015
The CEA also expressed hope that the rating agency will upgrade India's rating from 'Baa3' currently. It signifies the lowest investment grade -- just a notch above 'junk' status.
India News | Reuters | Thursday March 12, 2015
Prime Minister Narendra Modi passed his first major economic reform almost a year after coming to power, as Parliament voted late on Thursday to allow more foreign investment in the insurance sector.
Thomson Reuters | Thursday March 12, 2015
Lawmakers in the upper house agreed to increase the foreign investment limit in local insurers to 49 per cent from 26 per cent after the opposition Congress party swung behind the bill which cleared the lower house last week.
India News | Press Trust of India | Thursday March 12, 2015
Parliament tonight approved the NDA government's first major economic reform measure as the long-pending bill providing for raising foreign investment cap in insurance was passed by Rajya Sabha after main Opposition Congress and some other parties ca...
Thomson Reuters | Monday March 2, 2015
The comments come after Finance Minister Arun Jaitley on Saturday announced a budget for the year through March 2016 prioritising economic growth over reform, which is likely to slow the pace of narrowing a fiscal deficit.
India News | Edited by Mala Das | Wednesday February 25, 2015
Despite the combined onslaught of the opposition and activists, Prime Minister Narendra Modi has decided that land reforms introduced by him will not be discussed at a meeting with leaders of all parties, a measure that was reportedly being considere...
Monday February 16, 2015
India needs to strengthen its manufacturing activities as well as reform labour laws to ensure good growth, Organisation for Economic Co-operation and Development's chief economist Catherine L Mann said on Monday.
India News | Edited by Mala Das | Thursday February 12, 2015
A near wipeout in the Delhi election this week will not sidetrack the government's reform agenda, Finance Minister Arun Jaitley said.
Thursday January 22, 2015
'The important thing is low prices $45 to 50 dollars are a temporary phenomenon. It's a very good breathing zone for oil importing countries.'
India News | Reported by Niha Masih, Edited by Abhinav Bhatt | Wednesday January 7, 2015
The Prime Minister, determined not to be sidetracked from his agenda of economic reform, has warned his party's law-makers to tamp down statements described by political opponents as evidence of his government's intent to promote a Hindu-dominant age...
Saturday December 27, 2014
The Finance Ministry said on Saturday that the Ordinance for the insurance sector reform will help companies raise capital through new and innovative instruments, besides promoting economic growth and job creation.
Saturday December 20, 2014
Experts say that various reform measures promised by the new government, including on foreign investment caps, should accelerate the merger and acquisition activities in India in the New Year which has remained somewhat subdued for last few years ami...
Opinion | MK Venu | Saturday December 20, 2014
MK Venu on why the reform has so much potential.
India News | Agence France-Presse | Saturday December 20, 2014
The government today introduced legislation billed as the biggest tax reform since Independence, with analysts hailing it as a "game changer" that would cut the cost of doing business and boost economic growth.
India News | Written by Rahul Shrivastava | Thursday December 18, 2014
There may be just two working days left for this Parliament session, but the government is determined to signal its commitment to its agenda of economic reform and will therefore, on Monday, introduce a bill to create a harmonised Goods and Services ...
Cheat Sheet | Rahul Srivastava (With Agency Inputs) | Thursday December 18, 2014
The government may initiate steps for one of the country's biggest economic reforms by introducing a bill that seeks to amend the constitution to create a harmonised Goods and Services Tax (GST).