Indian Economy
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Govt to push reforms to make India 'more developed economy': Arun Jaitley
Jun 02, 2016, 12:37 PM ISTEnthused over encouraging GDP numbers, Finance Minister Arun Jaitley today said the government will push ahead with its reform agenda to retain the fastest growing large economy tag and help India move towards becoming "a more developed economy".
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Must capture world markets to sustain 8-10 pc growth: NITI Aayog Vice Chairman Arvind Panagariya
Jun 02, 2016, 07:26 AM ISTNoting that India has been "slower" than other countries in entering free trade agreements, NITI Aayog Vice Chairman Arvind Panagariya said India will need to capture some of the world markets if it has to sustain an eight to 10 per cent growth rate
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GDP on upward curve, investors should put funds in India: Jaitley
Jun 01, 2016, 06:43 AM ISTTokyo: Indian economy is treading the upward curve in its growth trajectory and investors wanting higher returns should park funds in infrastructure and manufacturing sector, Finance Minister Arun Jaitley said today. As the economy clocked
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Arun Jaitley promises structural reforms, infrastructure spending to boost growth
May 31, 2016, 11:56 AM ISTWooing Japanese investors, Finance Minister Arun Jaitley today promised more structural and market-oriented reforms as well as stepping up infrastructure spending to accelerate economic growth beyond the current 7.6 per cent. He also promised to refo
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How PM Modi’s key economic ministries have fared in last two years
National | May 26, 2016, 07:10 AM ISTThe Indian economy is undoubtedly doing well despite various problems and bad weather conditions that impacted agriculture.
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No chance of a ‘Lehman moment’ in India: Raghuram Rajan
May 14, 2016, 07:54 AM ISTConfident of clearing up the bad-loan mess, RBI Governor Raghuram Rajan on Friday said there is "absolutely no chance of a Lehman moment" in India and a three-cornered firewall was being created to safeguard the economy from external shocks.
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Indian economy ‘gaining momentum’ in 2016, says UN report
May 26, 2016, 11:36 PM ISTUnited Nations :Notwithstanding delays in domestic policy reforms, India's economy is "slowly gaining momentum" and is projected to grow by 7.3 per cent this year, a UN report today forecast. The World Economic Situation and
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Foreign banks not expanding due to India's riskier rating: Raghuram Rajan
May 12, 2016, 07:29 AM ISTForeign banks have stopped opening branches in India as they need to set aside a lot more capital due to the country's "higher risk" credit rating and they feel it is "not worth" doing so, Reserve Bank Governor Raghuram Rajan has said.
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I don't understand Congress politics of hatred for 'suit' but love for gold: Arun Jaitley
May 05, 2016, 03:12 PM ISTNew Delhi: Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said today. Replying
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Indian economy growing fastest: Jaitley counters RBI Guv’s one-eyed king remark
Apr 19, 2016, 08:51 PM ISTNew York: In a rebuttal to RBI Governor Raghuram Rajan’s remarks that India is ‘one-eyed king in the land of blind’, Finance minister Arun Jaitley today stated that the ‘Indian economy was growing much faster, in fact, the fastest’ as compared to th
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Indian economy like ‘one-eyed’ king in land of blind: Raghuram Rajan
Apr 16, 2016, 02:18 PM ISTReserve Bank of India (RBI) Governor Raghuram Rajan has described Indian economy as ‘the one-eyed man’ being king in the land of blind.
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7.5% growth not enough for India's requirement: Arun Jaitley
Apr 14, 2016, 06:55 AM ISTUnion Finance Minister Arun Jaitley today said that India's current growth rate of 7.5 per cent is not enough as per its own requirement standard and the country has the potential to do better.
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Sensex hits 3-month high on favourable monsoon forecast, improving economy
Apr 13, 2016, 01:44 PM ISTMarket benchmark sensex was trading at over three-month highs in late Wednesday morning deals after zooming 412.71 points while the broader NSE Nifty recaptured the 7,800-level, led by buying in banking and auto stocks on likely "above normal" monsoo
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FDI to reduce India's current account deficit: Moody's
Apr 07, 2016, 12:34 PM ISTCredit rating agency Moody's Investors Service on Thursday said India's rising foreign direct investment (FDI) inflows reduces the current account deficit and also the external financing needs.
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India remains bright spot in global economy: IMF chief
Apr 05, 2016, 02:40 PM ISTWith strong growth and rising real income, India remains a bright spot in the global economy, IMF chief Christine Lagarde said today.
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Indian economy the 'engine of global growth' under PM Modi: Shinzo Abe
Apr 02, 2016, 10:26 AM ISTJapanese Prime Minister Shinzo Abe has acknowledged that under Prime Minister Narendra Modi’s leadership, the Indian economy was now serving as the ‘engine of global growth’.
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India to stay on high growth path for 10-20 years: Jaitley
Apr 01, 2016, 02:46 PM ISTIndia will continue on the current path of growth for a couple of decades more, bringing benefits of liberalisation to its people and eliminating the curse of poverty, Finance Minister Arun Jaitley said here today.
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ADB cuts India's growth forecast to 7.4 per cent for 2016-17
Mar 30, 2016, 11:23 AM ISTGlobal headwinds will pull down India's growth rate to 7.4 per cent in the next fiscal from 7.6 per cent this year but more reforms will help the country remain one of the fastest growing economies in the world, the Asian Development Bank said today.
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Indian economy a bright spot due to good policies: PM Modi
Mar 29, 2016, 07:09 AM ISTPrime Minister Narendra Modi on Monday said that India's economy was a bright spot in the world due to his government's good policies and not good fortune.
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Crisil sees GDP growing at 7.9% in 2016-17
Mar 12, 2016, 12:33 PM ISTThe country's GDP can grow by 7.9 per cent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said on Friday.