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  Economy not in trouble; green shoots visible: Nirmala Sitharaman

  India | February 16, 2020 19:51 IST

  Finance Minister Nirmala Sitharaman on Tuesday said the economy is not in trouble and green shoot are visible with the country moving towards a USD 5 trillion economy .

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  Economy being attended by 'very incompetent doctors': Chidambaram

  Business | February 10, 2020 14:00 IST

  Tearing into the Modi government over India's economy, Former finance minister P Chidambaram on Monday said it was close to collapse and was been attended by "very incompetent doctors."

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  Not GDP, Global Misery Index correct metric for Indian economy today: Congress

  India | January 30, 2020 22:46 IST

  The Congress on Thursday accused the NDA government at the Centre of mutilating the soul of India and trampling upon the country's economy, saying it can be measured today in terms of Global Misery Index (GMI) and not the GDP. 

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  More trouble for economy, direct tax collection in negative zone

  Business | January 21, 2020 20:17 IST

  It is after a long gap that the tax collection is actually lower than the numbers given in the previous year. Already the development has rung the alarm bells that current economic crisis may be deep-seated and take much longer time to recover from.

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  'Kind of system cleaning BJP govt did after assuming office in 2014 unbelievable': Sitharaman

  India | January 20, 2020 12:21 IST

  Union Finance Minister Nirmala Sitharaman has said the kind of cleaning in the system that the BJP-led government had to carry out after coming to power in 2014 was "unbelievable".

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  USD 5 trillion economy goal difficult, not impossible: Nitin Gadkari

  India | January 18, 2020 16:51 IST

  Gadkari said that the goal can be achieved by increasing domestic production and reducing dependence on imports. He spoke at the 29th International Management Conclave of the Indore Management Association here.

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  GDP seen dropping to 5 percent in 2019-20: Govt data

  Business | January 07, 2020 18:16 IST

  The decline has been mainly on account of deceleration in manufacturing sector growth, which is expected to come down to 2 per cent in 2019-20 from 6.2 per cent in the year-ago fiscal, as per the first advanced estimates of the national income released by National Statistical Office(NSO) on Tuesday.

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  Nobel laureate Abhijit Banerjee on why there shouldn't be anymore cuts in corporate tax & more

  Business | January 04, 2020 14:02 IST

  Talking about the economic slowdown in India, Nobel laureates Abhijit Banerjee said that it was important that there were no more cuts in corporate taxes.

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  Indian economy likely to rebound in 2020: CII

  Business | December 29, 2019 16:20 IST

  India's economy is expected to rebound in 2020 on the back of measures taken by the government and the RBI coupled with easing of global trade tensions, industry body CII said on Sunday.

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  BJP has ruined economy: Priyanka on falling GDP

  Politics | November 30, 2019 16:28 IST

  "Promise after promise...2 crore jobs every year, double the price of crops, good days, Make in India, making the economy USD 5 trillion... Will any promise be accounted for? Today GDP growth is 4.5% which shows that all promises are false," she said in a tweet in Hindi.

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  India will become great by gulping Vitamin HPN -- hyper pseudo-nationalism: Jairam Ramesh on economy

  India | November 12, 2019 21:26 IST

  In signs of continuing weakness in the economy, India's factory output shrank to the lowest level in eight years as all three broad-based sectors of capital goods production, consumer durables, and infrastructure and construction goods contracted.  

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  Fundamental of Indian economy robust: Finance Ministry

  Business | November 08, 2019 11:48 IST

  The ministry said the government has undertaken series of financial sector and other reforms to strengthen the economy as a whole.  

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  Indian should aspire to grow at 10 per cent: Jay Panda

  Business | November 03, 2019 14:50 IST

  Indian economy, which till recently was hailed as the fastest-growing major economy, saw the growth rate drop to 5 per cent in April-June 2019 from 8 per cent recorded a year earlier

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  IMF sees Indian economic growth rebounding to 7 pc next fiscal

  Business | October 23, 2019 16:06 IST

  “We see the Indian economy rebounding from our projected 6.1 per cent growth this fiscal year to something like 7 per cent in the next fiscal year (2020). We see the factors that will support growth, including monetary policy stimulus, working their way through the pipeline,” Jonathan Ostry, Deputy Director, Asia Pacific Department at the IMF, told reporters.

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  Economy debate rages: Manmohan blames 'mismanagement' for slowdown

  Business | October 17, 2019 17:36 IST

  Former Prime Minister Dr. Manmohan Singh has joined the big debate centring around economic slowdown. Addressing a press conference in Mumbai, Manmohan Singh took on the BJP-led government in Centre and Maharashtra and blamed it for the current scenario in the country. Dr. Singh said, "From being No 1 in investment, Maharashtra has become No 1 in farmers' suicide."

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  Important for India to keep fiscal deficit in check: IMF chief

  Business | October 16, 2019 8:16 IST

  It is important for India to keep fiscal deficit in check, even though its revenue projections look optimistic, Chief Economist of the International Monetary Fund (IMF) Gita Gopinath has said.

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  When will Indian economy recover? Here is what a report claims

  Business | September 26, 2019 15:33 IST

  The Indian economy is expected to start its recovery from later part of this fiscal thanks to the initiatives taken by the Reserve Bank for policy rate transmission and steps by the government to boost growth, says a report.  

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  Room for more rate cuts, inflation under check: RBI Governor

  Business | September 19, 2019 22:13 IST

  However, the governor was quick to add that there is little fiscal space for the government to unveil any countercyclical measures to boost the sagging growth and the only way to revive the growth engine is to front-load the budgeted capex, hinting that only an easy money policy can help salvage the situation.

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  Emerging economies like India more vulnerable to big oil price moves:

  Business | September 17, 2019 15:38 IST

  Crude oil benchmark, Brent futures, surged by almost 20 per cent to USD 71.95 per barrel (intra-day) on Monday after twin drone attacks on Saturday wiped out more than half of Saudi Arabia's crude supply.

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  Growth of eight core sectors slows to 2.1% in July

  Business | September 02, 2019 19:04 IST

  Growth of eight core industries dropped to 2.1 per cent in July, mainly due to contraction in coal, crude oil and natural gas production, according to a government data released on Monday.