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IMF cuts global growth outlook; India avoids ratings downgrade

Last Updated: Friday, July 25, 2014, 10:27

Out of the BRICS countries - Brazil, Russia, India, China and South Africa - only India avoided an IMF ratings downgrade.

'India still faces risk on growth, external front'

Last Updated: Friday, July 25, 2014, 00:07

Stating that even though the formation of a stable government at the Centre has mitigated political risk, a top Reserve Bank official on Thursday said India continues to face threats on the growth and external sector fronts.

'Investors bullish on India, expect it to outperform peers'

Last Updated: Wednesday, July 23, 2014, 18:38

Foreign investors are bullish on India with likely boost in economic growth coupled with lower inflation and current account deficit and expecting the country to outperform other emerging markets, says a Citigroup research report.

UK lauds India's efforts to reduce poverty, stress on growth

Last Updated: Friday, July 18, 2014, 11:08

The British government has appreciated India's fast movement towards reduction of poverty with "inclusiveness" and said Prime Minister Narendra Modi's stress on investment in growth and infrastructure was "encouraging".

ADB projects 5.5% growth for India in 2014-15

Last Updated: Friday, July 18, 2014, 10:13

Expectations of economic reform by Prime Minister Narendra Modi's new govt mean that the Manila-based lender has raised its 2015 growth forecast for India to 6.3 percent from 6.0 percent.

Sensex up over 78 points ahead of Economic Survey

Last Updated: Wednesday, July 09, 2014, 10:25

The National Stock Exchange index Nifty moved up by 11.35 points, or 0.15 percent, to 7,634.55.

India most confident nation economically: Report

Last Updated: Wednesday, June 25, 2014, 15:49

Formation of "business-friendly" government led by Narendra Modi has made India the most optimistic country economically, looking ahead six months, says a report.

Time to take steps to put economy on high-growth path: Jaitley

Last Updated: Tuesday, June 24, 2014, 15:48

Faced with a "challenging" economy, Finance Minister Arun Jaitley on Tuesday said the time has come to take measures that will put the country on a faster pace of growth and restore investor confidence.

Finance minister says time for action to fix economy

Last Updated: Tuesday, June 24, 2014, 12:55

India needs to act now to fix the health of its economy, which is facing a challenging time, Finance and Defence Minister Arun Jaitley said on Tuesday.

Roll out GST, reduce subsidies, World Bank advises India

Last Updated: Friday, June 20, 2014, 17:00

Ahead of the Modi-government's first budget, the World Bank on Friday suggested that India should roll out GST, reduce subsidies and broaden tax base to promote growth, projecting it to be lower at 5.5 percent for 2014-15, from the earlier forecast of 5.7 percent.

'GDP to grow 5.2% in first quarter of FY15'

Last Updated: Wednesday, June 18, 2014, 17:25

After two consecutive years of sub-5 percent growth, the Indian economy is expected to recover and expand 5.2 percent in the first quarter of this financial year, Dun & Bradstreet said in a report.

PM Narendra Modi's 'Acche Din' faces first big test – food inflation

Last Updated: Tuesday, June 17, 2014, 12:27

If prices are not controlled in time, the feeling of triumph in the BJP would not take much time to turn into one of despair.