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India will be back to 8% growth in few years: Khurshid

"We are quite confident of getting back to 7 or 8 percent growth in a few years," Khurshid...

Quick-fixes cannot solve economic worries, long-term view needed: FM

P Chidambaram further said the government will announce steps by the end of this month or next month...

Inflation at 43-month low of 4.7%; scope for rate cut by RBI

Falling for the fourth straight month, inflation reached the lowest level since November 2009 when i...

CAD likely to be at 4% in Q4 FY13: Rajan

The country's Current Account Deficit (CAD) for the fourth quarter of financial year 2012-13 is like...

HSBC lowers India's FY14 growth forecast to 5.5% from 6%

Global financial giant HSBC on Thursday lowered India's growth forecast for this fiscal year to 5.5 ...

Govt rules out further duty hike on gold imports

With dip in gold imports, government on Thursday ruled out any further hike in customs duty and said...

Govt revises factory output growth to 2.2% in April from 2%

Government on Thursday revised the industrial output growth rate to 2.2 percent in April from 2 perc...

Economic gloom worrisome, says SBI chief

Describing the continuing economic gloom, as reflected in the IIP data, as worrisome, State Bank of ...

Prospect of good monsoon lifts economic confidence: Survey

The survey was conducted among more than 18,000 people in 24 countries.

Indian economic growth 'below trend': OECD

OECD's conclusions are based on Composite Leading Indicators that are designed to anticipate turning...

Govt may improve upon fiscal deficit target for FY'14: FM

The government hopes to be able to improve upon the fiscal deficit target of 4.8 per cent in the cur...

Low storage space for India’s growing harvest!

The deficit in storage has grave implications on the administration of the Food Security Act.

HSBC India services PMI jumps to 3-month high in May

The services sector which accounts around 60 percent of the India's GDP expanded largely driven by h...

Steps taken by govt to revive growth in 2013-14: Rajan

The economic growth in the January-March quarter stood at 4.8 percent and for the full fiscal it was...

Inflation to come under greater control in coming months: PM

Despite demands from the industry to cut rates, the RBI has been moving cautiously to lower rates in...

India probably world's 3rd largest economy: OECD

Between now and 2060, GDP per capita is seen to increase more than 8-fold in India and 6-fold in Ind...

Nomura pegs FY14 GDP growth at 5.6%

About stocks, Nomura said it has a target of 21,700 points for the Sensex, which closed at 20,160 po...

Govt debt up at Rs 40.83 lakh cr in Q4 of FY'13

Government debt rose 0.4 percent to over Rs 40.83 lakh crore in the January-March period of 2012-13 ...

Icra pegs FY14 CAD at 4.5%, GDP at around 6%

The agency also forecast economic growth to recover mildly to 5.8 - 6 percent in 2013-14 from around...

Slowdown temporary, India will revert to high growth: PM

Terming the slump in economic growth a temporary slow down, Prime Minister Manmohan Singh on Tuesday...

India committed to taking 'hard' decisions on economy: PM

Singh assured Japanese industry that the long-awaited Goods and Services Tax (GST) regime facing hur...

FM sees growth accelerating this fiscal

Finance Minister P Chidambaram on Saturday exuded confidence that the sagging economic growth will s...

'India's growth strategy has lessons for developing nations'

India's strategy of eradicating poverty by "growing the pie rather than slicing it", and f...

Barclays lowers India growth forecast to 6% for FY14

Brokerage firm Barclays Capital on Tuesday lowered India's growth forecast to 6 percent for 2013-14,...

Improve economic model to forecast GDP: Abhijit Sen

Concerned over the widening difference between growth projections and actual realisations, the Plann...

India's economic confidence drops; ranks 6th globally: Survey

According to a survey by global research firm Ipsos, India's economic confidence dropped by 2 points...

FM meets bankers, industrialists in B'lore, H'bad

Finance Minister P Chidambaram on Tuesday met senior bankers and top industrialists here to thrash o...

Quit old Russian economic model: Book

To turn around the Indian economy, the planners should move away from the old Russian economic model...

Inflation eases to 4.89% in April; lowest since Nov 2009

This is the lowest level of inflation since November, 2009 when it was 4.78 percent.

Industry still not out of the woods: India Inc on IIP

India Inc on Friday said industrial output may look better in March but "the industry is still ...

Fin Min 'happy' with IIP pick-up, hopes growth will cross 6%

Upbeat over pick-up in industrial growth, Finance Ministry on Friday expressed confidence that with ...

IIP growth for FY13 at 20-year low; rises to 5-month high in Mar

On an annual basis, the index grew by a meagre rate of one percent in 2012-13 as against 2.9 percent...

India's growth story credible, Fin Min tells Moody's

Admitting that economic picture is not fully rosy, Finance Ministry on Tuesday told global rating ag...

S&P rules out rating upgrade for India

Global agency Standard & Poor's Saturday ruled out rating upgrade for India at the current junct...

Moody's sees India's sovereign outlook stable for next 18 months

Global rating agency Moody's on Friday said India's sovereign outlook is stable and does not warrant...

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 th...

CAD biggest risk to Indian economy: RBI

Describing high Current Account Deficit (CAD) as the biggest risk to Indian economy, the RBI on Frid...

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...

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 ...

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...

Pranab optimistic of revival of India's economic growth

President Pranab Mukherjee on Thursday expressed confidence that the country would be able to return...

India has potential to grow at 8%: Rangarajan

Prime Minister's Economic Advisory panel Chairman C Rangarajan on Wednesday said India has potential...

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 th...

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 P...

Slowdown bottoming out, FY14 growth likely at 6.4%: PMEAC

Improvement in performance of agriculture and manufacturing sectors is expected to push the economic...

Fall in gold, oil prices will help narrow CAD to 4.3%: Nomura

Japanese brokerage firm Nomura Monday said the recent fall in gold and oil prices can help improve I...

General insurers see growth slipping this fiscal

The general insurance industry is likely to see a drop in growth in the current financial year compa...

Polls to help economy grow by 6.4% this fiscal, says Goldman

Wall Street brokerage Goldman Sachs on Friday projected an 'above-consensus' growth of 6.4 percent f...

India to return to 8% growth rate in 2 years: Chidambaram

Asserting that India can absorb USD 50 billion foreign investment annually, Finance Minister P Chida...

India has all qualities to protect foreign investment: FM

On the second leg of his North American tour to woo investors, Finance Minister P Chidambaram has sa...

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