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RBI Opens Door For Rate Cut Early Next Year
Uneasy over Indias weak recovery from its slowest phase of growth since the 1980s, the six-month-old government had been seen as favouring an early reduction in rates, but RBI Governor Raghuram Rajan said containing inflation was a prerequisite.
How GST Will Change the Face of Indian Economy
Truck drivers in India spend 60 per cent of their time off roads negotiating check posts and toll plazas, says UBS Securities, which has also found that there are 650-odd check posts in the country and 11 categories of taxes on the road transport.
Indian Economy to Grow at 7% in 2015: PwC
New Delhi: With India expected to turn the corner on the back of structural reforms, its economy is projected to clock 7 per cent growth in 2015 even as China would see an economic slowdown, says a study. Presenting predictions by its economists for.
Crank Up Public Spending to Revive Growth: Arvind Subramanian
New Delhi: India should increase public spending to boost economic growth in the medium term as there have been no signs of private investment picking up, chief government economic adviser Arvind Subramanian said on Friday. India has had two .
Rajan Blasts Unscrupulous Promoters, Says Taxpayers Pay For Riskless.
When the large promoter defaults willfully or does not cooperate in repayment to the public sector bank, he robs each one of us taxpayers, even while making it costlier to fund the new investment our economy needs, Dr Rajan said at the Dr Verghese.
Crank Up Public Spending to Revive Growth: Arvind.
More From Economy. New Delhi: India should increase public spending to boost economic growth in the medium term as there have been no signs of private investment picking up, chief government economic adviser Arvind Subramanian said on. India has had two successive years of below 5 per cent economic growth and is still recovering from its worst slowdown since the 1980s, despite Prime Minister Narendra Modis vows to put the country back on a high��.
Raghuram Rajan Gets Another Big Award, Praised for Leadership Style
This is a recognition of the part the Reserve Bank of India and its staff have been playing in bringing macroeconomic stability to the Indian economy, in creating more competition and new growth opportunities in the banking and financial markets, as.
Economic Survey: GDP Growth to Top 8% in 2015-16
Economic Survey is a flagship annual document of the Ministry of Finance which reviews the developments in the Indian economy over the past one year. The survey has been prepared by the finance ministrys chief economic adviser Arvind Subramanian on .
Government to Push Economic Agenda in Winter Session of Parliament
Chief Economic Adviser Says New GDP Estimates Puzzling. India Not a Tiger Yet: Chief Economic Adviser Arvind Subramanian. E-Commerce May Grow 50% in 5 Years: Economic Survey. India in Sweet Spot With Scope for Big Bang Reforms, Says .
India Not a Tiger Yet: Chief Economic Adviser Arvind Subramanian
Chief Economic Adviser Arvind Subramanian has a word of caution on the new growth numbers based on revised data, saying India is still a recovering economy and not a surging one or a roaring tiger. He said the revisions in the gross domestic product.
India to Grow 5.5% in 2014: Asian Development Bank
While growth in the first three quarters of this year was somewhat softer than we had expected, declining oil prices may mean an upside surprise in 2015 as most economies are oil importers, ADB chief economist Shang-Jin Wei said. ADB cut its 2014 and .
India in a Sweet Spot, Possible to Achieve Double-Digit Growth: Economic Survey
Chief Economic Adviser Arvind Subramanian has cautioned against revised GDP numbers saying India is still a recovering economy not a surging economy. He has also said revisions in GDP still remain a mystery. The Economic Survey 2014-15 released .
Arvind Subramanian as Chief Economic Advisor? PM Consent Awaited: Report
New Delhi: Prime Minister Narendra Modi has not decided whether to appoint US-based economist Arvind Subramanian as the governments chief economic advisor, a senior government source told Reuters, in a delay that may impact policy and budget.
India Upgrade to Depend on Fiscal Consolidation: Moodys
Mumbai: A Moodys Investors Service analyst said India needed to improve its fiscal position to earn a ratings upgrade and warned that even if policy action was taken now it would likely take a while for the impact to be reflected on government finances.
Meeting Fiscal Deficit Target of 4.1% a Tough Task: Arvind Mayaram
Finance Secretary Arvind Mayaram on Monday admitted that achieving deficit target of 4.1 per cent is a tough task. However, he added that the government will be able to meet it as there are clear signs of economy picking up, leading to buoyancy in.
Banks May Demand Higher Equity from Highly Leveraged Firms: RBI Deputy.
Reserve Bank of India Deputy Governor S.S. Mundra said banks may demand higher equity from companies that are highly leveraged before offering fresh loans to such firms. High leverage doesnt mean the company cannot be financed if there is a need.
Indian Economy Still Recovering, Chief Economic Adviser Arvind Subramanian.
PMs skill India program needs the same level of prominence as Make in India - not a case of either or; Technology brings about a democratization in an economic sense; Technology has the potential to open the market to ordinary people; We need to have .
