Tag: Indian economy
17 Results
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India to be $10 trillion economy by 2035: Suresh Prabhu
Union Minister for Commerce and Industry Suresh Prabhu on Wednesday said Indian economy will quadruple to $10 trillion by 2035 riding on business-friendly policies, structural reforms and transparency in governance.
November 14, 2018 -
GST a ‘monumental reform’: Jaitley slams ‘critics’ after Raghuram Rajan’s remark
The remarks come a day after former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing India's growth story.
November 12, 2018 -
Aim to formalise economy, not ban cash: Jaitley on demonetisation anniversary
On 8 November 2016, Prime Minister Narendra Modi announced the biggest-ever demonetisation exercise India has ever seen by abruptly withdrawing Rs 500 and Rs 1,000 notes from public use.
November 8, 2018 -
RBI like seat belt for govt; top bank’s autonomy to be respected: Raghuram Rajan
Ahead of the November 19 meeting of RBI Board, Rajan said the objective of the board is to protect the institution and not serve others' interests.
November 7, 2018 -
Rupee hits all-time low of 74.45 against US dollar; markets bleed
Meanwhile, the BSE benchmark Sensex crashed 1,030.40 points, or 2.95 per cent, to hit 33,730.49 in opening trade.
October 11, 2018 -
India to grow at 7.3 per cent in 2018, may overtake China, predicts IMF
In 2017, India had recorded a 6.7 per cent growth rate.
October 9, 2018 -
Sensex falls over 150 points, Nifty below 10,300 in early trade
Sectoral indices, led by metal, realty, consumer durables, capital goods, healthcare, auto, FMCG, power and teck, were trading in the negative terrain, falling up to 3.38 per cent.
October 8, 2018 -
Arun Jaitley expresses confidence in Indian economy, says current situation won’t last indefinitely
He said the current account deficit was directly linked with the global oil prices which had been going up and were going to have some unfavorable impact on the country’s economy.
October 6, 2018 -
Political steadiness can’t be achieved without economic stability: Mamata slams govt
Banerjee claimed that her party was not afraid of the CBI or the ED which 'were being used by the Centre time and again for political vendetta.'
October 6, 2018 -
Rupee breaches 74-mark against US dollar as RBI keeps repo rate unchanged
The RBI governor has maintained that depreciation in rupee has been moderate compared to emerging market peers.
October 5, 2018 -
Scientists call for sustainable spices production
Spices play an important role in the Indian economy and sustainable production can immensely help in increasing farmers’ income in the country. Moreover, focus on genetic diversity and a shift from being a supplier of raw material to a manufacturer of high-value spices-based products is the need of the hour. These views were expressed by …
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October 5, 2018 -
Sensex crashes over 800 points, Nifty near 10,600; rupee, oil major factors
The rupee on Wednesday breached the 73-mark against the US dollar for the first time ever on strong demand for the American currency from importers.
October 4, 2018 -
Rupee hits new low of 73.77 against US dollar
Sensex fell 465.63 points or 1.29 percent to 35,510 on the back of crude oil prices hitting multi-year highs and rupee touching record lows.
October 4, 2018 -
US-China trade war will help India emerge as bigger trading base: Arun Jaitley
India is the third-largest importer of crude oil, and rising international crude oil prices are inflating domestic transport fuel rates in a strong demand environment.
September 28, 2018 -
Absolute decline in India’s employment post 2013: Report
"The increase in unemployment is clearly visible all across India, but is particularly severe in the northern states."
September 25, 2018 -
Indian economy to grow at 8%: Finance Minister Arun Jaitley
"Banks must strive to be seen always as institutions of clean and prudent lending," he said at the annual review meeting of the public sector banks here.
September 25, 2018 -
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