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  Rupee drops 34 paise to one-week low at 66.48 against USD

  August 31, 2015 20:27 IST

  Mumbai: 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

  July 30, 2015 12:39 IST

  New 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 | June 29, 2015 14:27 IST

  For 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

  June 19, 2015 11:18 IST

  New 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 7:47 IST

  United 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

  February 27, 2015 13:51 IST

  New 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

  February 27, 2015 13:12 IST

  New 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 | January 20, 2015 10:54 IST

  Beijing: 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

  December 19, 2014 14:25 IST

  New 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 | December 11, 2014 10:40 IST

  United 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 16:40 IST

  New 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

  Politics | February 17, 2014 18:57 IST

  Chennai: 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

  November 15, 2013 11:13 IST

  New 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

  October 08, 2013 21:11 IST

  New 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 | July 01, 2012 16:21 IST

  Beirut, 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 | June 24, 2012 16:57 IST

  New 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

  June 09, 2012 18:08 IST

  Mumbai, 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

  June 03, 2012 12:54 IST

  Lucknow, 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 | March 16, 2012 14:03 IST

  New 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

  February 03, 2012 17:33 IST

  New 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