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Fiscal deficit in 2013-14 is 4.5% of GDP

Last Updated: Friday, May 30, 2014, 19:35

The fiscal deficit in 2013-14 stood at 4.5 percent of GDP, lower than 4.6 percent projected in the revised estimate, mainly on account of curbs on government expenditure.

GDP growth remains sub 5% for 3rd straight year; FY14 at 4.7%

Last Updated: Friday, May 30, 2014, 17:45

This is the third consecutive year for which India has recorded sub 5 percent GDP growth.

Coal India's operating profit may beat estimates: StarMine

Last Updated: Thursday, May 29, 2014, 10:48

StarMine`s SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Coal India to report an operating profit of 63.73 billion rupees (USD 1.08 billion) in the quarter.

Modi should go for quick disinvestment

Last Updated: Thursday, May 29, 2014, 09:28

Having received a decisive mandate, the world expects Modi to shun singles and doubles to focus on some lusty big hits!

Analysts see FY'15 CAD rising to 2.1-2.6% on growing imports

Last Updated: Tuesday, May 27, 2014, 20:30

Current account deficit, which narrowed to 1.7 percent of GDP in FY14, is likely to rise to 2.1-2.5 percent this fiscal on higher imports of gold and other items as the economy improves, say analysts.

CAD may come down to 2.3% of GDP in FY'15: Report

Last Updated: Wednesday, May 21, 2014, 16:57

India's current account deficit (CAD) is likely to narrow to 2.3 percent of GDP this fiscal as the new government is expected to focus on exports and reduce dependency on imports, says a Citigroup report.

Wheels India Q4 Net up 64.11% at Rs 8.78 cr

Last Updated: Saturday, May 17, 2014, 16:29

Wheels India, steel wheel maker for passenger cars and utility vehicles, has reported a 64.11 percent jump in net profit.

`Treat investors as stakeholders in India's growth`

Last Updated: Tuesday, May 13, 2014, 16:18

The economic upswing in the US will bring in fresh opportunities for India.

India cheapest major economy; Australia most expensive: Survey

Last Updated: Monday, May 12, 2014, 16:42

Notwithstanding high inflation rate, India is the cheapest major economy in the world, according to a survey of global prices of products that are comparable across countries.

New government set to inherit wobbly economy

Last Updated: Monday, May 12, 2014, 10:41

India is on the cusp of political change that is widely expected to infuse a new life into an economy.

I decide monetary policy, govt can fire me if it wanted: Rajan

Last Updated: Saturday, May 10, 2014, 00:01

Rajan was replying to a question on how much independence and real power he enjoyed as RBI Governor during a programme that was broadcast on Bloomberg TV.

India's trade deficit rises to $10.9 billion in April

Last Updated: Friday, May 09, 2014, 17:27

India's exports was up by 5.26 percent in April to USD 25.63 billion.