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Sensex breaches 22,000, Nifty holds 6,500 level

Last Updated: Monday, March 10, 2014, 10:35

After breaching 22,000 level for the first time, the benchmark BSE Sensex fell 47 points in early trade on Monday on emergence of profit-booking by funds and retail investors tracking weak cues in other Asian markets.

Economic growth falls to 4.7%; dashes revival hope

Last Updated: Saturday, March 01, 2014, 00:43

This is the fifth consecutive quarters of below five percent growth in the Indian economy. The economic growth had slumped to 4.4 percent in the first quarter of the fiscal and then revived to 4.8 percent in July-September period.

'India's economy still stuck in a rut'

Last Updated: Friday, February 21, 2014, 13:53

India is "stuck in a rut" as weaker consumption and stalled investments prevent the economy from building any sort of momentum, HSBC said in a report Friday adding "slow recovery" could start post elections.

Indian economy much more resilient to external shocks: IMF

Last Updated: Friday, February 21, 2014, 12:06

The Indian economy is much more resilient to external shocks now than was last year, a top IMF official has said, attributing this to a series of administrative decisions and policy measures taken by the Union Government.

India must address supply bottlenecks to see faster growth: IMF

Last Updated: Thursday, February 20, 2014, 20:25

Stating that India's growth is expected to slow to 4.6 percent this fiscal year, the IMF in its key policy recommendations said high and persistent inflation is a key macroeconomic challenge facing the country.

IMF projects 5.4% growth for India in 2014-15

Last Updated: Thursday, February 20, 2014, 20:01

Stronger global growth, improving export competitiveness, a favorable monsoon and a confidence boost from recent policy actions should deliver a modest growth rebound, IMF added.

Economy grew at an annual average of 8% in 11th Plan: Govt

Last Updated: Thursday, February 20, 2014, 15:27

India has recorded an average annual economic growth rate of 8 percent during the 11th Five Year Plan (2007-12) compared to targeted 9 percent, Parliament was informed Thursday.

Chidambaram hits out at critics, says have pulled back economy

Last Updated: Tuesday, February 18, 2014, 12:41

Hitting out at critics of UPA's management of economy, Finance Minister P Chidambaram Tuesday said the government has "pulled back" the economy from a difficult situation and put it back on a high growth path.

Economy stable, govt has pulled it back from where it was: Chidambaram

Last Updated: Tuesday, February 18, 2014, 10:46

"We have pulled back economy from where it was, now it is more stable. It is an economy that is growing", P Chidambaram said.

Economic growth to cross 5% this financial year: PM

Last Updated: Friday, February 14, 2014, 20:33

Pinning hopes on the good monsoon and recent reforms, Prime Minister Manmohan Singh Friday said economic growth will cross 5 percent in the current financial year and accelerate further in the coming years.

Economic issues will always be challenging: President

Last Updated: Wednesday, February 12, 2014, 16:20

Observing that countries live and operate in times when the world economy is integrated, President Pranab Mukherjee on Wednesday said dynamics of economy will always be challenging and voiced hope that India will successfully deal with this issue.

5.6% growth likely next year, stable govt is vital: Citi

Last Updated: Sunday, February 09, 2014, 12:39

An occurrence of El Nino could lead to deficient rainfall in India and consequently pose a downward risk to agricultural output, the report said. El Nino is a series of climatic changes across Pacific Ocean due to warm ocean water temperatures.