indian economy

Washington, Oct 10: Overtaking China, Indian economy is expected to grow at 7.3 percent in 2015, rising to 7.5 percent in 2016, the International Monetary Fund forecast Friday lowering its April projections by 0.2 percentage points for…

Washington, Oct 7: Growing faster than other major emerging market economies, India's growth is expected to strengthen from 7.3 percent this year and last year to 7.5 percent next year, according to the International Monetary Fund (IMF).…

New York, Oct 6: India's Finance Minister Arun Jaitley has said that the slowdown in the Chinese economy is not going to impact his country and India could become the "additional shoulder" the global economy needs to stand on. "We are…

New Delhi, Oct 5: The government on Monday said that with a subdued direct tax outlook, it expects revenue collection in the current fiscal to fall short by around Rs.50,000 crore, which would partly be made up by buoyant indirect taxes.…

Washington, Oct 5: Improved investor sentiment and resilience to external shocks are expected to increase India's GDP growth rate to 7.5 percent during 2015-16 and further to 7.8 percent in the next fiscal year, predicts the World Bank.…

New Delhi, Oct 2: India on Friday pledged to cut its emission levels by 33-35 percent over the next 15 years in what it has termed as a fair and balanced commitment to protect the environment, based also on its own agenda for economic…

New Delhi, Sep 30: India's fiscal deficit for the April-August period of the current fiscal stood at Rs.3.69 lakh crore, thereby reaching 66.5 percent of the full year's target of Rs.5.56 lakh crore, official data showed on Wednesday. The…

New Delhi, Sep 30: After a recast of Planning Commission, India must change its five-year approach and make it a more dynamic exercise, even as conditions must be created to pro more more jobs and entrepreneurship, Arun Maira, a former…

Reserve Bank of India Governor Raghuram Rajan has finally delivered a monetary policy announcement which reflects the underlying fundamentals of the Indian economy. The media and the markets are excited about this 'surprise' and will…

Mumbai, Sep 25: India's foreign exchange reserves rose by $631.5 million to $352.02 billion in the week ended September 18, official data showed on Friday. The forex reserves gained by $2.35 billion to rise to $351.38 billion in the week…