Economy
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India became fastest growing big economy in 2015
Dec 24, 2015, 04:05 PM 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
Dec 19, 2015, 10:35 PM 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
Dec 11, 2015, 12:01 AM 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
Dec 04, 2015, 11:48 PM 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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ISIS activities disrupting global economy: Arun Jaitley
National | Nov 24, 2015, 11:43 PM ISTNew Delhi: Finance Minister Arun Jaitley today warned that disruptive ISIS activities could impact the world economy.“Meeting the challenges of development will now be increasingly diverted towards security measures and which part of the world
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Nepal asks India to ease supplies, calls protesters for talks
World | Nov 09, 2015, 11:39 PM ISTKathmandu: Nepal's Cabinet today passed a special resolution asking India to open the border entry points to ease supplies of essential goods like medicines, gas and petroleum to the landlocked country, reeling under acute shortage
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Commerce, economy and business at the centre of ties with India: US
Sep 18, 2015, 09:43 PM ISTWashington: Adding commerce to the Indo-US Strategic Dialogue signals that economy is at the centre of ties between two of the world's biggest economies, a top US official has said, days ahead of the first
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India will ensure economic fundamentals remain strong: Jaitley
Sep 17, 2015, 03:03 PM ISTNew Delhi: Ahead of the much-awaited monetary policy update by the US Federal Reserve on Thursday, India's Finance Minister Arun Jaitley said the country's economic fundamentals will be kept strong through appropriate policy interventions to
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PM Modi asks industry leaders to take risk, Rakesh Maria shunted out as Mumbai DCP: Top 5 News Headlines
India | Sep 08, 2015, 09:24 PM ISTPM Modi asks industry leaders to take risk, make investmentsNew Delhi: Prime Minister Narendra Modi today met top CEOs, bankers, economists and ministers to discuss ways to bolster the economy amid global slowdown.The meeting, with
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India can replace China as driver of global growth: Arun Jaitley
National | Aug 27, 2015, 06:47 PM ISTNew Delhi: Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley today said India, with 8-9 per cent growth rate, can replace China as the driver of
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How China's tremors could weaken the world's major economies
Aug 25, 2015, 07:59 AM ISTWashington: China is exporting something new to the world economy: Fear.Global investors are quaking over the prospect of a devastating slump in the world's second-biggest economy. And they're fast losing confidence that China's policymakers, seemingly
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Reserve Bank to transfer rs 65,896 crore surplus to centre
Aug 14, 2015, 12:02 PM ISTNew Delhi: The Reserve Bank of India will transfer its surplus profit of Rs 65,896 crore to the Centre, which is about 25% more than the amount given last year."The Central Board of Directors of
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Retail inflation hits multi-year low of 3.78% in July
Aug 12, 2015, 11:16 PM ISTNew Delhi: Retail inflation fell to multi-year low of 3.78 per cent in July on account of cheaper food prices, including of vegetables, fruits and cereals.The retail inflation based on Consumer Price Index (CPI) was
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Indirect tax collection growth shows economy improving: CEA Arvind Subramanian
Aug 12, 2015, 12:17 PM ISTNew Delhi: The Finance Ministry today said a steady 37 per cent growth in indirect tax collections in four months to July reflects that underlying momentum in the economy is improving.“These collections indicate that the
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China's move to cut currency reverberates in global economy
Aug 11, 2015, 10:56 PM ISTBeijing: China's bold move Tuesday to sharply devalue its currency could squeeze exporters around the world whose goods will likely become comparatively costlier than many Chinese products.The action has also intensified fears about the weakening
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Jayalalithaa raises inter-state issues, GST with PM Modi
National | Aug 07, 2015, 06:31 PM ISTChennai: Tamil Nadu Chief Minister J Jayalalithaa today took up with Prime Minister Narendra Modi a slew of issues concerning her state, ranging from inter-state river disputes to the GST rollout, besides the Sri Lankan
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GST a Congress Bill, party's negativism hurting economy: Arun Jaitley
National | Aug 02, 2015, 08:01 PM ISTNew Delhi: Racing against time to get the GST bill cleared from Parliament, Finance Minister Arun Jaitley today attacked the Congress for blocking the legislation that it had itself brought in and said 'obstructionist' tendencies
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Government must deliver on promises for higher growth: Moody's
Jul 30, 2015, 06:39 PM ISTNew Delhi: Raising a red flag over “empty promises” of the Modi government, global giant Moody's today said delay in key reforms is denting business confidence and the foreign investors are wary of investing in
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Jaitley warns of threat to job creation if investments blocked
Jul 20, 2015, 02:26 PM ISTNew Delhi: Amid Unions opposing labour reforms, Finance Minister Arun Jaitley on Monday warned of a threat to job creation if investments were blocked and appealed not to persist with ideas that harm economic activity.A
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China's economic fundamentals sound: World Bank chief
Jul 17, 2015, 12:01 PM ISTBeijing: World Bank Group (WBG) President Jim Yong Kim said on Friday that China's economic fundamentals are sound despite the recent equity market volatility."China has built the world's second largest economy and it has undertaken