Tag: Indian economy

Rupee at risk

Amidst several parameters going askew for the Indian economy, two ~ its current account deficit and its sliding rupee ~ are attracting the greatest outcry, more so because of the shrill assault that the present Prime Minister had launched against his predecessor during the 2013 slide of the rupee. At 72.23 to the dollar, the …

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September 24, 2018

Indian economy to reach USD 5 trillion size by 2022: PM Modi

The government's push for Make-in-India has led to 80 per cent of mobile phones currently in use being manufactured within the country.

September 20, 2018

India Shining but…

India has doubled its GDP within a decade and is expected to become a key economic player in Asia soon. China has slowed down over time. More importantly, the IMF has projected India to generate a growth rate of 7.4 per cent this year and 7.8 per cent next year, boosted by its household spending and a bold indirect tax reform

September 4, 2018

India’s Q1 2018-19 GDP grows at 8.2%

According to the Central Statistics Office (CSO), the GDP at 2011-12 prices in the first quarter (Q1) of 2018-19 registered growth rate of 8.2 per cent, up from 7.7 per cent reported for Q4 of 2017-18.

August 31, 2018

Demonetisation ‘butchered’ Indian economy: Shiv Sena

Added to this was the fall of the GDP and the country's pace of development, with the Indian rupee plummeting to its lowest levels in 70 years and terrorism continuing unabated.

August 31, 2018

GST will benefit economy, honest tax-payers: President Kovind

Kovind said the government last year introduced the Goods and Services Tax, the most comprehensive tax reform ever seen by the nation.

August 30, 2018

India to become fifth largest economy next year: Arun Jaitley

The Minister added that as the market and the economic activity expand, the role of the Competition Commission of India would also expand.

August 30, 2018

Solution for unemployment

Job opportunities in the manufacturing sector has grown with rapid economic expansion.

August 17, 2018

Ind-Ra pegs Indian economic growth at 7.2% in 2018-19

Ind-Ra said it expects private final consumption expenditure to grow 7.6 per cent in 2018-19 compared to 6.6 per cent in 2017-18.

August 16, 2018

Need for recruitment reforms

Union Public Service Commission, responsible for the employment and selection of civil servants, must adopt a holistic system to judge intellectual, administrative, and behavioural characteristics of an individual.

August 10, 2018

Joining hands for a law

There is need for an international consensus on surrogacy, write HERJEET MARWAY and GULZAAR BARN.

August 2, 2018

RBI retains GDP growth forecast at 7.4 per cent for FY’19

In the third bi-monthly monetary policy statement for 2018-19, RBI said various indicators suggest that economic activity has continued to be strong.

August 1, 2018

A year after GST~I

GST may have eliminated the odious Inspector Raj of the previous tax regime, but it has not ended tax evasion as was anticipated earlier. Indians in general are clever enough to beat any system when it comes to payment of taxes.

July 22, 2018

New Rs 100 notes | Headache for ATM operators

Euronet Services India Pvt. Ltd. Managing Director Himanshu Pujara said unless all the ATMs are recalibrated, the new notes will not be available.

July 21, 2018

India’s growth story intact; GDP to grow around 7.5%: Ficci

Despite short-term challenges India's economic growth story remains intact and the country's GDP is expected to grow around 7.5 per cent in the current financial year.

July 19, 2018

Oil price biggest risk for Indian economy: Moody’s survey

Most respondents said they believed India would not meet the central government's fiscal deficit target of 3.3 per cent of GDP for the current fiscal. 

July 4, 2018

Economy poised to grow above 8% from next year: Rajiv Kumar

The Indian economy is “on the cusp of a major sustained and ongoing recovery” and poised to grow above 8 per cent from the next year, thanks to a slew of measures taken by the government in the last few years, NITI Aayog Vice Chairman Rajiv Kumar said here on Tuesday. “I think because of …

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July 3, 2018