indian economy

Hong Kong, Sep 21: Finance Minister Arun Jaitley on Monday expressed his confidence that the new goods and services tax (GST) regime will roll out from next fiscal despite the pending issues regarding direct tax. "The Congress is trying…

New Delhi, Sep 11: A rapid expansion in the manufacturing sector accelerated India's factory output growth to 4.2 percent in July from a rise of 3.8 percent in the month before, official data showed on Friday. The industrial output in…

New Delhi, Sep 6: Gujarat tops the list of five Indian states that are considered the "safest" for circulating counterfeit currency notes - allegedly pushed in by Pakistan's Inter-Services Intelligence (ISI) agency - according to the latest…

New Delhi, Sep 6: To check the menace of fake Indian currency, new notes, especially the Rs.1,000 and Rs.500 denominations, will have 7 new security features and a new numbering system, official sources here said on Sunday. The Reserve…

Bengaluru, Aug 28: India's import dependence on oil is likely to touch 90 percent by 2020 due to widening supply-demand gap on growing appetite for the fossil fuel, a joint study said on Friday. If the trend of importing more oil…

New Delhi, Aug 25: Precisely a week after it lowered India's growth forecast for this year, Moody's on Tuesday said the country's economy reflected some growth potential and even hinted at a ratings upgrade it sees some progress in reforms…

Kolkata, Aug 23: While giving a call to break away from obsolete policies to develop the country's eastern region, union Finance Minister Arun Jaitley on Sunday said it was possible to achieve 8 to 10 percent economic growth. "I do…

Bengaluru, Aug 22: Minimum Alternative Tax (MAT) waiver on foreign institutional investors (FIIs) prior to April, as recommended by the government-appointed Shah panel, would be positive for the stock market, union Minister of State for…

Kolkata, Aug 21: The Indian economy can double in three years and has the potential of becoming a $20-trillion economy, Railways Minister Suresh Prabhu said on Friday. Prabhu also stressed the need for clarity in thought and a…

New Delhi, Aug 18: Fears over deficient rains in the current monsoon season and gradual progress of reforms have prompted global credit ratings agency Moody's to lower India's growth forecast for this year by 50 basis points to 7 percent.…