Economic Growth
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Rupee drops 34 paise to one-week low at 66.48 against USD
Aug 31, 2015, 08:27 PM ISTMumbai: The rupee declined by 34 paise to close at one-week low of 66.48 against the US dollar on persistent month-end demand for the American currency from importers despite a lower greenback in the overseas
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Tampering with RBI's autonomy will affect India's economic prospects: Moody's
Jul 30, 2015, 12:39 PM ISTNew Delhi: Moody's today cautioned against tampering with the independence of the Reserve Bank of India (RBI) in deciding on interest rates, saying it would hurt India's economic prospects.Moody's Analytics, an economic research unit of
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India is now world's fastest-growing major polluter
India | Jun 29, 2015, 02:27 PM ISTFor the first time ever, the year 2014 saw India's carbon dioxide emissions growth accounting for the largest share of global emissions growth, according to a new global report. India's CO2 emissions from energy use
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Next 2-3 years 'very critical' for economic reforms: Arun Jaitley
Jun 19, 2015, 11:18 AM ISTNew York: Finance Minister Arun Jaitley has said that the next 2-3 years will be "very critical" as the government plans to implement a series of reforms that will help India reach its "destination targets"
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India economic growth to surpass China's in 2015-16: UN report
May 20, 2015, 07:47 AM ISTUnited Nations: India's economic growth is projected to surpass that of China's, with the GDP expected to zoom by 7.7 per cent in 2016, according to a UN report which said India will help accelerate
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Time for 'Big Bang' reforms to accelerate growth: Survey
Feb 27, 2015, 01:51 PM ISTNew Delhi: Pitching for 'Big Bang' reforms, the pre-budget Economic Survey today called for improving business environment by making regulation and taxes less onerous to help push growth to 8.1-8.5 per cent next fiscal, and
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What is Union Budget and why it is important
Feb 27, 2015, 01:12 PM ISTNew Delhi: Union budget is a comprehensive statement of the government's finances including spending, revenues, deficit or surplus, and debt, for the fiscal year that runs from April 1 to March 31.The budget is the
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China posts weakest annual growth in 24 years
World | Jan 20, 2015, 10:54 AM ISTBeijing: China posted an economic growth of 7.4 per cent last year, missing the official target and slumping to a 24-year low, official data showed today amid concerns over continued slowdown of the world's second-largest
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India's GDP expected to grow at 5.5% in 2014-15
Dec 19, 2014, 02:25 PM ISTNew Delhi: India's GDP is expected to rise to 5.5 per cent in the current fiscal from 4.7 per cent last year on back of improving macro-economic situation, says the Finance Ministry's Mid-Year economic review
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India likely to improve economic growth to 6.3 pc in 2016: UN
World | Dec 11, 2014, 10:40 AM ISTUnited Nations: India's economic growth is expected to improve to 6.3 per cent in 2016 with the country leading economic recovery in South Asia, according to a United Nations report.The UN World Economic Situation and
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Modi will give economic growth priority: Wisner
May 20, 2014, 04:40 PM ISTNew York: India's Prime Minister-elect Narendra Modi is a “pragmatist” and will not be hung up about US' denial of a visa to him, but it will take “more careful management and attention” to overcome
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Budget will not contribute towards growth: Jayalalithaa
National | Feb 17, 2014, 06:57 PM ISTChennai: Tamil Nadu Chief Minister J. Jayalalithaa Monday said the budget presented by Union Finance Minister P. Chidambaram was only an interim budget and will not contribute towards stability or growth in the country."It is
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Economic growth to revive in second half of current fiscal
Nov 15, 2013, 11:13 AM ISTNew Delhi: Finance Minister P Chidambaram on Friday said that economic growth will revive in the second half of the current financial year.Measures taken by the government will yield results and help India achieve potential
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FinMin expects FY14 economic growth at 5.5 pc
Oct 08, 2013, 09:11 PM ISTNew Delhi: The Finance Ministry expects the economic growth in the current fiscal to improve to 5.5 per cent from 5 per cent last year on back of likely pick up in agricultural output on
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Syrian opposition rejects UN transition plan
World | Jul 01, 2012, 04:21 PM ISTBeirut, Jul 1: Syrian opposition groups on Sunday rejected a U.N.-brokered peace plan for a political transition in Syria, calling it ambiguous and a waste of time and vowing not to negotiate with President Bashar
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India cannot expect outside help to tackle economic woes says PM
India | Jun 24, 2012, 04:57 PM ISTNew Delhi, June 24: As government prepares to unveil some measures to revive the economy, Prime Minister Manmohan Singh says India cannot expect “outside help” on a scale which can see the country through its
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Montek pegs economic growth at 6.5-7 per cent in current fiscal
Jun 09, 2012, 06:08 PM ISTMumbai, Jun 9: Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday pegged the growth forecast for the current fiscal at 6.5-7 per cent saying economic recovery is expected only in the second quarter. "It
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Indian economy in midst of a slowdown, says CII
Jun 03, 2012, 12:54 PM ISTLucknow, Jun 3: Industry chamber CII on Friday said the Indian economy is currently in the midst of a slowdown. Besides the economic growth slowing down to a nine-year low of 6.5 per cent in
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PM Says Budget Will Accelerate Tempo Of Economic Growth
India | Mar 16, 2012, 02:03 PM ISTNew Delhi, March 16 ; Prime Minister Dr Manmohan Singh today said, the Union Budget will definitely accelerate the tempo of economic growth which has been affected by global slowdown. In an interview over Doordarshan,
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Economic Growth May Slow Down To 7-7.5 PC, Says PM
Feb 03, 2012, 05:33 PM ISTNew Delhi, Feb 3: Amid grim global situation and high domestic interest rates, Prime Minister Manmohan Singh today said country's economic growth is likely to slow down to 7-7.5 per cent this fiscal from 8.4