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Rating agencies say Jaitley's fiscal targets hard to achieve

Rating agencies say Jaitley's fiscal targets hard to achieve

Last Updated: Friday, July 11, 2014, 17:03

Rating agencies on Friday said Finance Minister Arun Jaitley's assumption of containing fiscal deficit at 4.1 percent of GDP is difficult to achieve given the poor outlook on the revenue front and absence of reduction in subsidies.

Economic Survey 2013-14: India has second fastest growing services sector

Last Updated: Wednesday, July 09, 2014, 19:12

India has the second fastest growing services sector in the world with a compound annual growth rate at 9 percent, just below China's 10.9 percent, during 2001 to 2012, the Economic Survey said Wednesday.

Economic Survey 2013-14: CAD likely to fall to 2.1% in FY15; to be fully financed

Last Updated: Wednesday, July 09, 2014, 19:06

India's current account deficit (CAD) is likely to fall to 2.1 percent of the GDP in 2014-15 and will be fully financed in the current year, the government Wednesday.

Economic Survey outlines 3 pronged strategy to push GDP to 7-8%

Last Updated: Wednesday, July 09, 2014, 16:59

The government on Wednesday suggested a three-pronged strategy of containing inflation, pushing tax and expenditure reforms and legal and regulatory frameworks for market economy for achieving 7-8 percent in coming years.

Economic Survey 2013-14: Analyst views

Last Updated: Wednesday, July 09, 2014, 13:09

The economic survey comes a day before Finance Minister Arun Jaitley delivers his maiden budget.

Economic Survey 2013-14: Key highlights

Last Updated: Wednesday, July 09, 2014, 13:03

Following are the highlights of Economic Survey 2013-14 presented by Finance Minister Arun Jaitley in Parliament on Wednesday.

Economic Survey 2013-14: GDP growth to improve to 5.4-5.9%

Last Updated: Wednesday, July 09, 2014, 12:44

Indian economy is likely to grow in the range of 5.4 to 5.9 percent in 2014-15 overcoming the sub-5 percent GDP growth of past two years, even as poor monsoon and disturbed external environment remain a cause for concern, says the Economic Survey.

Economic Survey 2013-14: FY15 GDP growth pegged at 5.4-5.9%

Last Updated: Wednesday, July 09, 2014, 09:23

India's economy is expected to grow between 5.4 percent and 5.9 percent in the current fiscal year, the new government`s first Economic Survey said on Wednesday.

Faster reforms can revive growth, curb stagflation: Report

Last Updated: Friday, June 27, 2014, 19:24

Speedy implementation of reforms is likely to help the country in making a faster transition from stagflation to higher growth and lower inflation, says a report.

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.

Climate policies could lift global GDP by $2.6 trillion/year: World Bank

Last Updated: Tuesday, June 24, 2014, 12:27

Global economic output could rise by as much as an additional USD 2.6 trillion a year, or 2.2 percent, by 2030 if government policies improve energy efficiency, waste management and public transport, according to a World Bank report released on Tuesday.

India Inc sees GDP growth of 5-6% in FY15: Survey

Last Updated: Thursday, June 19, 2014, 20:20

As many as 81 percent of Indian corporates believe the country's economy is likely to grow 5-6 percent in the current financial year, says a survey.