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india's economy
Inflation to be about 5.5% in FY'14: RBI Inflation to be about 5.5% in FY'14: RBI The Reserve Bank on Friday said it expects inflation to be range-bound around 5.5 per cent during the current fiscal year.
CAD biggest risk to Indian economy: RBI CAD biggest risk to Indian economy: RBI Describing high Current Account Deficit (CAD) as the biggest risk to Indian economy, the RBI on Friday said any further deterioration of CAD could result in its policy reversal stance.
RBI pegs 5.7% growth for current fiscal RBI pegs 5.7% growth for current fiscal Projecting a modest pick-up in economic activity in the coming months, Reserve Bank on Friday pegged the Gross Domestic Product (GDP) growth rate for the current fiscal at 5.7 percent, significantly lower than the Finance Ministry's forecast of 6.1 to 6.7 percent.
India's CAD to come down to 2.5% of GDP in 2-3 years: Montek India's CAD to come down to 2.5% of GDP in 2-3 years: Montek Prime Minister's Economic Advisory Council (PMEAC) has projected India's CAD at around 5 percent of GDP for 2012-13.
Indian economy to grow at 6.1% in FY14: World Bank Indian economy to grow at 6.1% in FY14: World Bank World Bank on Tuesday scaled down India's growth forecast to 6.1 percent for the current fiscal from 7 percent projected six months ago.
Pranab optimistic of revival of India's economic growth Pranab optimistic of revival of India's economic growth President Pranab Mukherjee on Thursday expressed confidence that the country would be able to return to the 7 to 8 percent growth level in the next two to three years.
India has potential to grow at 8%: Rangarajan India has potential to grow at 8%: Rangarajan Prime Minister's Economic Advisory panel Chairman C Rangarajan on Wednesday said India has potential to grow at 8 percent without fuelling inflation.
Fiscal deficit will be below 4.8% in FY'14: FM Fiscal deficit will be below 4.8% in FY'14: FM Finance Minister P Chidambaram on Wednesday assured the investors that he has drawn red lines and the fiscal deficit will be below the 4.8 percent mark in 2013-14.
More economic reforms in next 2 to 4 months: Chidambaram More economic reforms in next 2 to 4 months: Chidambaram Chidambaram has sought cooperation of the main opposition party to push through important bills in Parliament.
Slowdown bottoming out, FY14 growth likely at 6.4%: PMEAC Slowdown bottoming out, FY14 growth likely at 6.4%: PMEAC Improvement in performance of agriculture and manufacturing sectors is expected to push the economic growth rate to 6.4 per cent in 2013-14 from 5 per cent in the previous fiscal, PM's economic advisory panel said on Tuesday.
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