Tag: Indian Economy

Agri sector didn't see reforms for 25 years: NITI Aayog Member

New Delhi: NITI Aayog Member Ramesh Chand on Friday said while every sector of the Indian economy had undergone some sort of transformation in the last 25 years, the agriculture sector was largely ignored. “In last 25 years, particularly since the beginning of economic reforms in 1991, we have seen some sort of transformation in […]

  • Tuesday, 06 July 2021
Arun-Jaitley
Jaitley chairs high-level meeting on economy

New Delhi:  A high-level meeting chaired by Finance Minister Arun Jaitley got underway here on Tuesday evening to review the economic situation and discuss measures, including a possible stimulus package, to be taken amidst an economic slowdown. The meeting is being attended by, among others, Railway Minister Piyush Goyal, Commerce Minister Suresh Prabhu, Chief Economic […]

  • Tuesday, 06 July 2021
samsung
Samsung to help India become $1tn digital economy: Prasad

Noida: The government is aiming at a $1 trillion digital economy by 2020 and Samsung India will spearhead this movement, Information and Technology Minister Ravi Shankar Prasad said on Wednesday as the South Korean giant announced Rs 4,915 crore investment in expanding its Noida manufacturing plant. The expansion of the plant on a 35-acre land adjacent […]

  • Monday, 05 July 2021
CII-IBA Financial Conditions Index
Indian economy to improve in Q1, funds' cost may rise: CII-IBA

New Delhi: The Indian economy is poised to experience improvement in overall conditions during the ongoing first quarter owing to better external financial linkages, and growth in both funds available as well as domestic economic activity, industry chamber CII said on Sunday citing its survey. “The CII-IBA Financial Conditions Index at 56.9 for Q1 (April-June) […]

  • Monday, 05 July 2021
econ
Indian economy grows at 15-quarter high of 8.2% in Q1

New Delhi: The Indian economy grew at 15-quarter high of 8.2 per cent in the April-June quarter of current fiscal on good show by manufacturing and farm sectors, according to the government data released today. The growth cemented India’s position as the fastest growing major economy, clocking higher expansion rate than China’s 6.7 in the […]

  • Tuesday, 29 June 2021
Indian-Economy
Strong Indian economy continues to lead global growth: IMF

Washington: India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said today, as it suggested the country to take steps towards more structural reforms. “India now contributes, in purchasing power parity measures, 15 per cent of […]

  • Tuesday, 29 June 2021
demonitisation
Op-Ed: The Common Man Has Given A Resounding Thumbs Down to DeMo

Utterances by politicians – and economists – on the second ‘death anniversary’ of the Rs. 1000 note have been on predictable lines. Depending on which side of the political divide they are, these wise heads have either been heaping praise on the Modi government for this ‘bold’ move that allegedly marked a ‘turning point’ in […]

  • Thursday, 10 June 2021
budget
Who Cares for the Budget?

The preparations at the government level begin months before. But the obsession in the media sets in just about a fortnight ahead of D Day (‘B Day’ would be more appropriate though). Edit pages of newspapers – and not just of the ‘Pink’ variety – are full of articles by ‘experts’ pontificating on what the […]

  • Thursday, 10 June 2021
Retail Inflation Cools To 3-Month Low Of 4.29% In April
Retail Inflation Cools To 3-Month Low Of 4.29% In April

The rate of price rise in the vegetables basket was (-) 14.18 per cent on an annual basis, sugar and confectionery (-) 5.99 per cent and cereals (-) 2.96 per cent.

  • Wednesday, 12 May 2021
RBI Announces Loan Recast For Individuals, Small Borrowers
RBI Announces Loan Recast For Individuals, Small Borrowers

Mumbai: RBI on Wednesday allowed certain individual and small borrowers more time to repay debt and allowed banks to give priority loans to vaccine makers, hospitals and COVID-related health infrastructure…

  • Wednesday, 05 May 2021
UN
US-China trade war to boost Indian economy: UN study

Geneva: The trade war between the US and China is expected to boost the Indian economy with a rise of 3.5 per cent in exports while the EU will be the biggest winner, taking home $70 billion in additional trade, according to a UN study. Amid tit for tat tariff hikes between Washington and Beijing, […]

  • Tuesday, 04 May 2021
BJP-manifesto
Several economic promises of BJP too tall: Experts

New Delhi: Bharatiya Janata Party’s promises on the economic front mentioned in its manifesto including the investment of Rs 100 lakh crore in infrastructure over the next five years and pension to marginal farmers seem over-ambitious, experts said. The promises if implemented would have a huge impact on the country’s exchequer, they said. The slow […]

  • Sunday, 02 May 2021
India may witness longer slowdown as oil imports, consumption decline

New Delhi: In a sign that slowdown in the Indian economy may be long drawn, a government report has projected a modest 3.5 per cent growth in oil imports this year. Considering that India imports more than 80 per cent of its oil requirements, slow growth in imports signals tepid demand and consumption. According to […]

  • Saturday, 01 May 2021
Indian economy grew 7.2% in 2018-19, likely to top at 7.5%: World Bank

New York: As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports Indias economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period. The Bank’s Economic Prospects Report released on Tuesday forecast India’s economy to […]

  • Friday, 30 April 2021
Nirmala Sitharaman
Finance minister to do a tightrope walk in Budget 2019-20

New Delhi: A mini-stimulus to take the economy out of five-year low alongside giving some tax relief to common man may be on the cards, as Finance Minister Nirmala Sitharaman does a tightrope walk balancing the needs of the economy and fiscal constraints in her maiden Budget. The Budget to be presented on Friday is […]

  • Wednesday, 28 April 2021
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