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 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 Citig...
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 in...
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.
India News | Press Trust of India | Tuesday April 28, 2015
India is "a very frustratingly robust democracy" where unleashing "big bang" reforms is not easy given the multiple centres of veto power, Chief Economic Adviser Arvind Subramanian said in Chandigarh today.
Thursday April 23, 2015
India's below normal monsoon is unlikely to impact credit rating, Moody's said on Thursday while asserting that government policy action and reforms will be key to an upgrade going forward.
Thursday April 23, 2015
It said that most Asia Pacific (APAC) sovereigns have a relatively high degree of immunity to external economic shocks but their ratings momentum is diverging as some drive through ambitious reforms, while others struggle with long-standing challenge...
Opinion | Ashok Malik | Friday May 1, 2015
Modi sees the social impact and concurrence clauses in the UPA's Land Acquisition Act of 2013 as overdone and, in their current form, rendering meaningless any meaningful attempt to build industrial corridors and modern, urban economic agglomerations...
Tuesday April 14, 2015
A series of reforms unleashed by India in recent months are "important steps" around open, predictable and rules based reforms, a senior American trade official said, but insisted that more needs to be done to attract foreign investments in particula...
Monday April 13, 2015
The Indian economy will grow at 7.9 per cent this fiscal year and 8.4 per cent in FY17, on the back of policy reforms, a spurt in domestic demand and lower inflation, according to Morgan Stanley.
India News | Edited by Amit Chaturvedi | Thursday April 2, 2015
For 48 hours, starting tomorrow, Prime Minister Narendra Modi will be at his party's conclave in Bengaluru to review the performance of his 10-month old government and decide how to push ahead with his agenda of economic reform.
World News | Press Trust of India | Saturday March 28, 2015
The International Monetary Fund (IMF) has approved giving $6.64 billion to Pakistan over three years to support the country's economic reforms and growth, saying it has "abundant potential" despite the challenges it faces, according to a media report...
Friday March 27, 2015
Ahead of its annual sovereign ratings review scheduled for next month, Fitch said on Friday that sustained fiscal consolidation, structural reforms and low inflation are positive for Indias ratings.
India News | Edited by Veer Arjun Singh | Tuesday March 17, 2015
In a big show of opposition unity, Congress president Sonia Gandhi walked briskly flanked and followed by over 100 lawmakers as she led a march from Parliament House to the Rashtrapati Bhawan less than a kilometre away, in protest against land reform...
Sunday March 15, 2015
Impressed by India's economic reforms and its growth potential, European Union-owned European Investment Bank is planning to open its first office in the country soon to significantly expand its operations.
Press Trust of India | Thursday March 12, 2015
Arvind Subramanian, also told a top American think-tank this week that India is "still very much a recovering economy, not a surging economy".
India News | Press Trust of India | Thursday March 12, 2015
In vibrant democracies like India, with multiple veto centres, it is "unreasonable" to expect "big bang reforms", Chief Economic Advisor Arvind Subramanian said.
Thomson Reuters | Friday February 27, 2015
India can increase public investment to drive growth without borrowing more, a key government report said on Friday, in an indication that Finance Minister Arun Jaitley will stick to debt targets in his maiden full-year budget on Saturday.
Friday February 27, 2015
The Economic Survey, tabled in Parliament a day ahead of the Union Budget, expects India's economic growth to pick up to 8 per cent in the next fiscal year.
Thursday February 26, 2015
It's encouraging to hear government's long-term commitment to reforms, says Mukesh Butani.
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...