economy News

Economy bracing for a prolonged pause: 5 facts

The RBI kept key policy rates unchanged and sees the near-term inflation target of 8% by January 2015 achievable. (Reuters)

The data is in and the RBI has had its say too and this has crystallised...

Market trend depends on Q2 results of corporate majors like InfosysHSBC manufacturing PMI drops to nine-month low in September
Diesel prices have not been deregulated or freed yet and so rates cannot be reduced. (Reuters)
Profit on diesel swells to Rs 1.90 a litre
Profit on sale of diesel swelled to Rs 1.90 per litre as oil ministry awaits...

HSBC manufacturing PMI drops to nine-month low in September

On price rise, HSBC said that the rate of cost inflation decelerated sharply while output prices wer...

2014 mild meteorological drought: Skymet; Not so, says Me

With the country receiving "below normal" rainfall, a private...

India to grow 5.6% this fiscal, 6.5% in FY'16: Fitch

RBI has projected a 5.5 per cent GDP growth for the current fiscal and 6.3 per cent for 2015-16.

Much to learn from India growth strategy: Jagdish Bhagwati, Arvind Panagariya

Bhagwati and Panagariya demonstrate how growth was the strategy deployed to reduce poverty.
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PM Narendra Modi, President Barack Obama gun for $500 bn trade target
Modi and Obama said they looked forward to the annual US-India Economic...
PM Narendra Modi to US Inc: Come soon to 'Make in India', before it's too late
PM Narendra Modi asserted that India is on the move and US businesses should move fast...
Chidambaram to visit Dubai tomorrow to woo investments
P Chidambaram will be visiting Dubai to sell India's growth story to sovereign wealth funds.
India's food security concern at WTO needs solution: Narendra Modi
Narendra Modi had an "open discussion" on WTO (World Trade Organisation) issue with Obama during the...
Natural gas price hike puts P. Chidambaram in corner over Reliance Industries
Gurudas Dasgupta alleged a 'gigantic scam' was in the making in the Oil Ministry's proposal to hike ...
Barack Obama, Narendra Modi work to deepen improving US-India ties
The agreement emerged from two days of talks between Barack Obama and Narendra Modi as they worked t...
FM pegs fuel subsidy for current fiscal at Rs 20,000 cr
Chidambaram today said cash payouts to oil firms this fiscal will be just Rs 20,000 crore.
Inter-agency group to address Indo-US nuclear trade issues
After Summit-level meeting, Narendra Modi said both sides are serious about resolving at the earlies...
86% of Indian businesses want more tax guidance: Thornton report
Around 68% of businesses globally would welcome more global cooperation and guidance.
Narendra Modi seeks easier access for Indian service companies to US economy
Narendra Modi asked Obama to "take steps whereby our (India's) service companies can get access to t...
CAD to worsen in Q2 after improving in Jan-Mar quarterr: Nomura
India's current account deficit is expected to show some improvement in the January-March period.
India, US agree to renew defence pact
After the Summit-level meeting between Prime Minister Narendra Modi and US President Barack Obama, b...
FinMin agrees to pay pending oil subsidy bill of Rs 40K crore
Govt to retain the current system of trade parity pricing for OMCs.
US favours India's entry into elite nuclear clubs
After Narendra Modi's summit meeting with President Barack Obama, the two countries decided to coope...
India in depth: A costly flirtation with 'linkers'
India is set to join the small but growing club of nations whose governments issue inflation-indexed...
US to help Narendra Modi develop three smart cities in India
This announcement was made after the talks between Prime Minister Narendra Modi and President Barack...
Economy turning around, growth to exceed 6% this fiscal: PM
Prime Minister said that the economic growth is expected to recover in 2013-14.
Rain shortfall at 12 pc as monsoon comes to official end
India received 88 per cent rainfall during monsoon this year...
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