Indian Economy
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Finance Minister Arun Jaitley hits out at Yashwant Sinha, calls him 'job applicant at 80'
National | Sep 29, 2017, 07:16 AM ISTJaitley said that he does not have the luxury as yet of being a former finance minister nor does he have the luxury of being a former finance minister who has turned a columnist.
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JAM 'Holy Trinity' and GST two major reforms: 5 key takeaways from Morgan Stanley report
Business | Sep 28, 2017, 04:49 PM IST'There is scope for visible shifts in economic activity starting in 2018 which would eventually lead India to be the top five equity markets in the world by 2027.'
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Morgan Stanley bullish on India, expects country to be $6 trillion economy in 10 years
Business | Sep 28, 2017, 11:11 AM ISTGST is expected to disrupt smaller businesses causing job losses and a general slowdown, but will lead to lower public debt to GDP subsequently.
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India fastest growing economy, says Union Minister Piyush Goyal
National | Sep 28, 2017, 12:00 AM ISTPiyush Goyal, who has often articulated the party's view on economy, said that the government would not flinch due to some criticism and "stay the course" as it works to transform the economy.
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Economic downturn over, growth rates to improve in next two quarters: NITI Aayog
Business | Sep 27, 2017, 08:09 PM ISTRajiv Kumar admitted that there have been problems on account of demonetisation and GST implementation. However, he added that now people have adapted to the new tax regime.
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'India likely to be $6 trillion economy in next 10 years'
Business | Sep 27, 2017, 09:36 PM ISTIndia's consumer sectors is also likely to add about USD 1.5 trillion over the next ten years.
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Government taking economy in wrong direction, says RSS-affiliate labour outfit
India | Sep 27, 2017, 06:29 PM ISTBharatiya Mazdoor Sangh demanded government declare a stimulus package towards employment generating activities in labour intensive sectors to contain slowdown of economy.
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Modi government rejects Yashwant Sinha's critique of economy
National | Sep 27, 2017, 05:35 PM ISTSinha had said in his article in The Indian Express that sector after sector of the economy was in distress and the November 8 demonetisation had proved to be an "unmitigated economic disaster".
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ADB lowers India's growth forecast to 7 pc for current fiscal
Business | Sep 26, 2017, 04:08 PM ISTGrowth in the first quarter of the current fiscal slowed down to 5.7 per cent, as growth in private consumption and industry declined compared to previous quarters.
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Need to fight economic challenges on multiple fronts: CEA Arvind Subramanian after getting one year extension
Business | Sep 23, 2017, 06:42 PM ISTArvind Subramanian said all emerging economies face this problem, with a surge in capital inflow putting pressure on the exchange rate.
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Finance Minister Arun Jaitley chairs high-level meeting on economy
Sep 19, 2017, 11:32 PM ISTThe review meeting, which lasted for over two hours, was also attended by Commerce Minister Suresh Prabhu, Railway Minister Piyush Goyal and NITI Aayog Vice Chairman Rajiv Kumar, said government sources.
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PM Modi's meeting with FM, Finmin officials to take stock of economy postponed
Sep 19, 2017, 05:59 PM ISTModi was to meet Finance Minister Arun Jaitley, Chief Economic Adviser Arvind Subramanian and other top officials in the finance ministry this evening to analyse the economic situation
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India likely to be world's third largest economy by 2028: HSBC report
Sep 17, 2017, 01:11 PM ISTIndia is likely to overtake Japan and Germany to become the third largest economy in the next 10 years but needs to be consistent in reforms and focus more on the social sector, British brokerage HSBC has said
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CEA Arvind Subramanian meets PM Modi, briefs him on economy
Sep 16, 2017, 04:03 PM ISTAccording to informed sources, the CEA also discussed the present inflationary situation in the country.
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GDP in second quarter expected to remain below 6 pc: SBI report
Sep 14, 2017, 08:38 PM ISTThe GDP growth in the first quarter had fallen to 5.7 per cent, thus raising concerns about 2017-18 annual numbers.
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Let India grow at 8-10 pc for 10 years before chest-thumping: Raghuram Rajan
Sep 08, 2017, 04:07 PM ISTRaghuram Rajan said India can lecture the world on things such as culture and history, but on growth, it should do that only after achieving 8-10 per cent rate for 10 years.
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Downturn in India's growth 'very worrying', says former World Bank chief economist Kaushik Basu
Sep 01, 2017, 03:40 PM ISTBasu’s remarks comes a day after government released the data showing GDP dropped to a three-year low of 5.7 per cent during April-June.
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India's economy became world's fastest growing under Modi rule, says Amit Shah
National | Aug 20, 2017, 06:39 PM ISTBJP president Amit Shah on Sunday said India’s economy has become the fastest growing in the world since Prime Minister Narendra Modi took over and that it was in a state of paralysis during the previous UPA rule
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Indian economy entering strongest phase, Nifty likely to touch 11,500 in 2018: Report
Aug 14, 2017, 07:21 AM ISTThe Indian economy is at the cusp of entering its strongest growth phase and a full blown bull market is yet to play out with the wide-based Nifty expected to touch 11,500 in 2018
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ADB projects 7.4 per cent growth for India in 2017
Jul 20, 2017, 12:24 PM ISTThe ADB report said South Asia will remain the fastest growing of all sub-regions in Asia and the Pacific, with growth on track to meet original projections of seven per cent in 2017 and 7.2 percent in 2018.