Press Trust of India | Wednesday November 25, 2015
Stating that loss of reform momentum remains a concern, Moody's said: "The government is unlikely to win a majority in the upper house if it keeps losing state elections like it did recently in Delhi and Bihar. Opposition parties are unlikely to allow key reforms to go through."
Thomson Reuters | Monday November 16, 2015
India's economic growth is expected to exceed 7.3 per cent in the current fiscal year and the government will try to convince opposition parties to pass a blocked tax reform, Finance Minister Arun Jaitley said on Monday.
India News | Press Trust of India | Thursday November 12, 2015
Liberalisation of foreign direct investment (FDI) rules in 15 sectors is a significant structural macroeconomic reform that will support investment and real GDP growth over the long term, Fitch Ratings said today.
NDTV | Wednesday November 11, 2015
The government has relaxed foreign direct investment (FDI) norms in 15 sectors, allowing 100 per cent FDI in sectors such as completed construction projects, some plantation sectors, cable networks, direct-to-home (DTH) services and some air transport activities.
India News | Press Trust of India | Sunday November 8, 2015
BJP's big setback in Bihar elections could be a "stumbling block" to the central government's reform agenda, global giant Barclays said today. According to the global brokerage firm, the Bihar election verdict could also lead to "weakness" in the stock market.
World News | Reuters | Friday November 6, 2015
Japanese Prime Minister Shinzo Abe on Friday urged China to maintain transparency and proceed with structural reform even as concerns grow over its economic slowdown.
Thomson Reuters | Wednesday November 4, 2015
Finance Minister Arun Jaitley expressed confidence on Wednesday that he would be able to pass a new Goods and Services Tax (GST), saying opposition to the reform would crumble when it comes to a parliamentary vote.
India News | Press Trust of India | Saturday October 31, 2015
Making a strong pitch for urgent reform of an "ineffective" Security Council, India has said the UN body's "malfunctioning" has affected over 60 million people and resulted in huge human and economic costs in terms of wars and conflicts.
World News | Agence France-Presse | Monday October 26, 2015
China's Communist leaders gathered today to plan the country's course for the next five years, official media reported, confronting an economic malaise that has investors worried and intractable problems such as pollution souring the public mood.
India News | Press Trust of India | Tuesday October 20, 2015
Amid weaker outlook across emerging market economies, India's recovery has strengthened under a new reform agenda, but it is not yet a "major driver" of global growth, a US Treasury Department report has said.
Press Trust of India | Tuesday October 13, 2015
Enthused by the pick-up in industrial growth, the Finance Ministry on Tuesday said reform measures would continue in order to boost economic activity.
Press Trust of India | Saturday October 10, 2015
The government has voiced strong reservation to delay in implementation of the quota reform of the International Monetary Fund with Finance Minister Arun Jaitley saying the IMF will be constrained in meeting its obligations in the absence of governance reforms.
World News | Agence France-Presse | Sunday October 4, 2015
Greece's former interior minister Nikos Voutsis was elected parliament speaker on Sunday as lawmakers geared up for a crucial debate on the Syriza government's reform programme.
World News | Reuters | Tuesday September 22, 2015
Chinese President Xi Jinping added his voice today to officials trying to reassure the world that the government was still firmly committed to financial reform following criticism of its intervention to steady rocky markets and boost growth.
India News | Reuters | Friday September 18, 2015
The government is preparing a rescue package for power utilities that owe crores of rupees, but Prime Minister Narendra Modi must first convince states to make politically hard choices as he seeks a victory for reforms needed to galvanise the economy.
Thomson Reuters | Thursday September 17, 2015
Indian policymakers highlighted the resilience of Asia's third-largest economy on Thursday.
Thomson Reuters | Sunday September 6, 2015
Financial leaders from the world's 20 biggest economies agreed on Saturday to step up reform efforts to boost disappointingly slow growth, saying reliance on ultra-low interest rates would not be enough to accelerate economic expansion.
Press Trust of India | Tuesday August 18, 2015
Moody's earlier on Tuesday lowered India's growth forecast to 7 per cent for 2015, from 7.5 per cent projected earlier. It cited lack of reforms as one of the main reasons.
World News | Agence France-Presse | Friday August 14, 2015
Spain must stay the course on economic reforms if it wants to generate growth and reduce its sky-high unemployment rate, ahead of a year-end general election, the International Monetary Fund said Friday.
Cheat Sheet | Reported by Sunil Prabhu; Edited by Amit Chaturvedi | Wednesday August 12, 2015
The Congress today stalled a last-minute attempt by the Modi government to pass the Goods and Service Tax bill, aimed at creating one of the world's largest single markets and driving economic growth. Finance Minister Arun Jaitley has said the government will push for the GST bill tomorrow.
India News | NDTV.com | Monday August 3, 2015
The government has reportedly decided to withdraw virtually all the changes it had made to an existing law on how to acquire farm land for industry after it failed completely at being able to push through the centerpiece of its economic reform agenda. It will now be upto individual states to pass their own laws for business-friendly land reforms.
World News | Reuters | Thursday July 23, 2015
Greece's new bail-out deal imposes a stiff dose of budget rigour and market deregulation which critics say few leaders of Western Europe's biggest nations have dared serve their own voters.
India News | Reported by Sandeep Phukan (With inputs from Reuters) | Friday July 17, 2015
In a big blow to an ambitious economic reform agenda, Prime Minister Narendra Modi's government has indicated it may have to row back on a land bill amid fierce parliamentary opposition.
World News | Reuters | Friday June 19, 2015
Hong Kong's leader extended an olive branch of economic stimulus to the city a day after lawmakers vetoed a Beijing-backed electoral reform package, a move economists warned could undermine business in the Asian financial hub.