Economy

161 Results

  • Released by police, Yashwant Sinha vows to back farmers

    Released by police, Yashwant Sinha vows to back farmers

    A day after senior Bharatiya Janata Party (BJP) leader Yashwant Sinha was detained and released by Maharashtra police, Sinha said that he will continue to support Vidarbha farmers and their cause. Sinha along with 250 farmers was detained on Monday by......

    December 5, 2017
  • 'More dignified’

    'More dignified’

    ‘Since his views are now bound to be politically coloured, not everyone may endorse Dr Manmohan Singh’s assessment of the present state of the economy. There would, unquestionably, be many more who appreciate his desire that the campaigning for the......

    December 5, 2017
  • Economy makes a turnaround, grows by 6.3% in 2nd quarter

    Economy makes a turnaround, grows by 6.3% in 2nd quarter

    Reversing a decline of five consecutive quarters in the country’s annual growth rate, the Indian economy has now grown by 6.3 per cent in July-September quarter 2017-18 on the back of a pick-up in manufacturing as businesses seemed to start......

    November 30, 2017
  • Demonetisation, GST continue to damage economy: Mamata

    Demonetisation, GST continue to damage economy: Mamata

    Taking a dig at the central government on GDP numbers, West Bengal Chief Minister Mamata Banerjee on Thursday said "effects of note ban scam" and "unplanned" implementation of Goods and Services Tax (GST) continue to damage India's economy. According to......

    November 30, 2017
  • Ready to bear 'political losses' for economic reforms: PM Modi

    Ready to bear 'political losses' for economic reforms: PM Modi

    Prime Minister Narendra Modi speaking to an audience in Gujarat on Thursday said, that he is prepared to bear the political losses that may arise due the implementation economic reforms that the government has taken, such as the demonetisation, implementation......

    November 30, 2017
  • Is Arvind Subramanian stupid too, Chidambaram asks PM Modi

    Is Arvind Subramanian stupid too, Chidambaram asks PM Modi

    Defending his party's stand demanding capping of GST at 18 per cent, senior Congress leader and former Finance Minister P Chidambaram on Thursday hit back at Prime Minister Narendra Modi for calling it a "grand stupid thought" and asked if......

    November 30, 2017
  • US Fed chair Janet Yellen reiterates gradual rate hike path

    US Fed chair Janet Yellen reiterates gradual rate hike path

    US Federal Reserve Chair Janet Yellen has said it is appropriate for the central bank to continue gradual interest rate hikes on the expectation that the economy and job market would remain strong. "We continue to expect that gradual increases......

    November 30, 2017
  • Australia ‘White Paper’ seeks closer economic ties with India, China

    Australia ‘White Paper’ seeks closer economic ties with India, China

    After a prolonged gap, Australia has unveiled its foreign policy ‘White Paper’ which calls for strong economic ties with both India and China but emphasises that closer engagement with Beijing would be accompanied by frictions arising from different interests, values......

    November 28, 2017
  • Industry honchos hail Moody's rating upgrade for India

    Industry honchos hail Moody's rating upgrade for India

    Financial sector stalwarts have hailed India's rating upgrade by Moody's, saying it was long overdue and will reduce the borrowing cost for the country. Moody's Investors Service on Friday raised India's sovereign rating for the first time in 13 years, saying growth prospects......

    November 17, 2017
  • Stocks build up on Moody's India upgrade

    Stocks build up on Moody's India upgrade

    International rating agency Moody's affirmation of the Narendra Modi government's structural and fiscal reforms delivered a huge confidence-building boost to equity market. The announcement, analysts say, could not have been timed better because owing to mounting criticism of the government policies......

    November 17, 2017
  • Cabinet approves anti-profiteering authority under GST

    Cabinet approves anti-profiteering authority under GST

    The Union Cabinet on Thursday approved setting up of the anti-profiteering authority under the Goods and Services Tax (GST) regime to be composed of a chairman and four technical members. "This paves the way for the immediate establishment of the......

    November 16, 2017
  • Govt to put more capital in PSBs to strengthen them: Arun Jaitley

    Govt to put more capital in PSBs to strengthen them: Arun Jaitley

    Finance Minister Arun Jaitley today said the government has decided to inject more capital in state-owned banks to strengthen the banking system and spur economic growth. Last month, the government had unveiled a staggering Rs 2.11 lakh crore two-year road......

    November 12, 2017
  • India, Canada seek to put free trade pact in fast lane

    India, Canada seek to put free trade pact in fast lane

    India and Canada will make efforts for expeditious conclusion of a Comprehensive Economic Partnership Agreement on goods and services at the annual ministerial dialogue starting on Monday, said an official statement. A high-level delegation led by the Canadian International Trade......

    November 12, 2017