Press Trust of India | Tuesday August 25, 2015
Moody's has a 'Baa3' rating on India with a positive outlook. Since 2004, Moody's has rated India at 'Baa3', the lowest investment grade - just a notch above 'junk' status.
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.
India News | Agencies | Friday August 14, 2015
Prime Minister Narendra Modi's speech tomorrow from the historic Red Fort in Delhi will be closely watched by analysts looking for a sign of how he plans to handle his economic reforms agenda, which has been severely bruised in the Parliament session that ended yesterday.
Thomson Reuters | Tuesday August 4, 2015
The RBI also said government economic reforms and the timing of any increase in US interest rates would be key factors that will determine whether the central bank cuts rates for a fourth time this year.
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.
Press Trust of India | Thursday July 30, 2015
Moody's Analytics said that if India is to catch up to global economic powerhouses such as China, reforms must be delivered swiftly. Reforms can accelerate growth and improve prospects, particularly in emerging market economies.
Thomson Reuters | Thursday July 23, 2015
Monetary policy easing in India puts it out of step with the United States, the world's largest economy, where interest rates are expected to rise later this year, perhaps as early as September.
Press Trust of India | Monday July 20, 2015
A day after a ministerial panel headed by the minister failed to break logjam over proposed labour reforms with the Unions, Mr Jaitley said safety of workforce cannot be ensured without an increase in economic activity.
Press Trust of India | Sunday July 12, 2015
Confident of an accelerated growth trajectory, Finance Minister Arun Jaitley on Sunday said tax revenues are expected to be higher this year while improving macroeconomic fundamentals and ongoing reforms make 8-10 per cent growth "eminently achievable".
Press Trust of India | Thursday July 2, 2015
Dr Rajan, known for critical analysis of macroeconomic trends, however said that subdued exports, primarily on account of global factors, remain an area of concern.
Telangana News | Press Trust of India | Sunday June 28, 2015
The Telangana government today announced that late former Prime Minister PV Narasimha Rao's life history will soon be taught to students in the state's schools, on occasion of his 94th birth anniversary.
World News | Press Trust of India | Saturday June 27, 2015
The International Monetary Fund (IMF) has approved a $506.4 million loan tranche to Pakistan as part of a three-year bailout programme to support the country's economic reforms and growth.
Saturday June 20, 2015
Noting that a new aspirational India expects early results and decisive governance, Finance Minister Arun Jaitley has exuded confidence that with the government pursuing economic reforms and policy changes, pumping in money in key sectors like infrastructure along with a good monsoon, the path to 10 per cent economic growth is not impossible.
India News | Press Trust of India | Saturday June 20, 2015
Arun Jaitley has exuded confidence that with the government undertaking economic reforms, the path to 10 per cent growth is not impossible.
India News | Reuters | Friday June 19, 2015
Finance Minister Arun Jaitley said on Thursday that economic reforms being planned by his government can push India's economic growth rate above the 7 to 7.5 per cent range.
Thursday June 11, 2015
India's GDP growth is likely to revive to 7.9 per cent in the current financial year and then further up to 8.1 per cent in 2016-17, driven by structural reforms and cyclical easing of the monetary policy, global financial services major Citigroup has said in a report.
Friday May 29, 2015
India Inc on Friday said the economy is showing signs of recovery but called for drastic reforms at the ground level to improve investor sentiment and sought serious attempts to revive growth in the agriculture sector.
India News | Press Trust of India | Friday May 22, 2015
Finance Minister Arun Jaitley on Friday said one year of decisive and corruption-free governance at the Centre has set the stage for a double-digit growth rate and promised to continue economic reforms with a view to make it easier to do business in India.
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.
Wednesday May 20, 2015
Ongoing trends of structural reforms like the Goods and Services Tax (GST) coupled with monetary policy easing could support India's growth revival to over 8 per cent in next fiscal year, according to a report by global financial services major Citigroup.
Friday May 15, 2015
Pitching India as the next frontier of "economic revolution", Prime Minister Narendra Modi on Friday said his government is doing away with "unnecessary regulations", building a predictable tax regime and creating a liberal environment for foreign investments.
Tuesday May 12, 2015
India growth story received an impetus on Tuesday when rating agency Moody's said it will grow at a strong pace of 7.5 per cent in financial year 2015-16 - the highest among G20 economies, helped by the reforms drive and lower oil prices.
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.
Tuesday April 28, 2015
At the same time, the former IMF economist termed the revised GDP growth figures as a "puzzle" and said that the numbers have been "bumped up" and it is a mystery how to interpret them.