Economy
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GDP growth beats estimates, grows 7.9 per cent in quarter ending March 2016
May 31, 2016 19:46 ISTIndia’s Gross Domestic Product (GDP) grew by 7.9 per cent in the quarter ending March 2016, up from the 7.2 per cent clocked during the quarter ending December 2015.
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Impact of drought on economy pegged at Rs 6,50,000 crore
May 11, 2016 17:47 ISTNew Delhi: Drought in 10 states is estimated to impact the economy by at least Rs 6,50,000 crore as about 33 crore people across 256 districts are facing the grave situation, a study has revealed.
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Only peace can allow government to resuscitate JK's economy: Mehbooba Mufti
India | May 09, 2016 7:31 ISTSrinagar: People of Jammu and Kashmir become the first casualty of any hostile environment between India and Pakistan, Chief Minister Mehbooba Mufti today said, underlining that only sustained peace in the region can allow her
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WTO warns of threat to global economy due to slowdown in China's growth
World | April 07, 2016 18:47 ISTGeneva:The World Trade Organization on Thursday revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth. In September,
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India should grow as a society not just as economy: Suresh Prabhu
Politics | March 30, 2016 23:32 ISTUnion Minister Suresh Prabhu today said growth of a nation should include holistic development of a society and its culture rather than only being in terms of economy.
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Defence Minister Manohar Parrikar unveils Defence Procurement Policy
March 28, 2016 13:21 ISTPanaji:Defence Minister Manohar Parrikar today unveiled the much-awaited Defence Procurement Procedure, saying it will ensure transparency and speed in acquisition process and boost the 'Make in India' initiative to reduce dependence on exports. "The
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Economy to grow at 7-7.5 pc in 2016-17, 7.6 pc in current yr
February 26, 2016 18:40 ISTNew Delhi: Ahead of the Union Budget, the Economic Survey today termed external environment as challenging but projected a 7-7.5 per cent GDP growth rate in the next fiscal which could accelerate to eight per
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Computer science should be taught as basic skill in US: Barack Obama
World | January 31, 2016 7:46 ISTWASHINGTON: President Barack Obama today emphasised on the need for teaching computer science as a basic skill to all children in the US and asked Congress to provide funding to help students especially girls and
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GDP growth for 2014-15 marginally revised down to 7.2%
January 29, 2016 19:55 ISTNew Delhi: Government has marginally revised downward the economic growth for 2014-15 to 7.2 percent from the earlier estimate of 7.3 percent after factoring in latest data on agriculture and industrial production."The real GDP or
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Government examines coastal economic zones to boost manufacturing
January 26, 2016 20:51 ISTNew Delhi: Government is planning to create coastal economic zones along the country's 7,500-km long coastline covering many states, ports and special economic zones having uniform policy to further boost manufacturing."There is a thinking in
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Indian economy less vulnerable to external shocks: S&P
January 26, 2016 12:37 ISTNew Delhi: Indian economy is less vulnerable to external shocks as it is mainly driven by household consumption and government spending, and not dependent on hot money which can move out quickly, Standard & Poor's
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Israel should build long-term stakes in Indian economy: Swaraj
January 19, 2016 7:44 ISTJerusalem : Asserting that economic relationship is the key to developing Indo-Israel ties, External Affairs Minister Sushma Swaraj today asked the Jewish state to look beyond trade for building "long-term stakes" in the Indian economy. Swaraj,
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Without bribe, no work gets done in India: Arvind Kejriwal
January 08, 2016 16:13 ISTKolkata: Delhi Chief Minister Arvind Kejriwal believes that doing business in India is very difficult because one needs to bribe officials to get work done. “The more I get deeper into governance, I realise how difficult
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India likely to grow at 7-7.5 pc in 2016: Kaushik Basu
December 29, 2015 20:38 ISTHyderabad: The Indian economy is expected to grow at 7 to 7.5 per cent in 2016, World Bank chief economist Kaushik Basu said today.“Roughly it is in a ballpark of the kind of figure.We (World
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India may be third largest economy after 2030: Study
December 27, 2015 16:36 ISTLondon: India could become the world's third largest economy after 2030 and its ascension could see France and Italy kicked out of the exclusive G8 group or its membership increased to 10 to accommodate India
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Chinese imports a challenge to domestic steel industry: Gadkari
December 25, 2015 23:45 ISTJalna: Increased steel import from China is hurting the Indian steel industry and the government was working towards a solution to the problem, Union Minister Nitin Gadkari said here today."Domestic steel industry has been facing
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India became fastest growing big economy in 2015
December 24, 2015 16:05 ISTNew Delhi: Notwithstanding a sharp cut in the government's growth forecast at the fag end, 2015 will go down as the year when India emerged as the fastest-growing large economy, despite setbacks such as 12
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Indian economy could double to $5 trillion in 10 years: Jayant Sinha
December 19, 2015 22:35 ISTNew Delhi: The Indian economy could register an over twofold growth if the current growth rate is sustained, Minister of State for Finance Jayant Sinha said in New Delhi today."If we grow at 7 per
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At 7.3 percent in 2016, India to remain fastest growing economy: UN
December 11, 2015 0:01 ISTUnited Nations: India's economy is projected to grow by 7.3 per cent next year and will continue to be the fastest growing economy in the world in 2016 and 2017 amid a volatile global financial
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Indian economy can still grow 8% this fiscal: NITI Aayog VC
December 04, 2015 23:48 ISTNew Delhi: Expecting an upward revision of the first quarter GDP numbers, NITI Aayog Vice Chairman Arvind Panagariya today said the Indian economy can still manage an 8 per cent growth rate this fiscal. "I have
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