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'Reforms to boost growth; banking risks constraint rating'

'Reforms to boost growth; banking risks constraint rating'

Moody's Investors Service on Tuesday said the reforms undertaken by the government will help boost investor confidence and bolster growth potential, but cautioned muted private investment and banking sector risks will remain a constraint on India's sovereign rating.

GST, reforms to boost India's growth: Arun Jaitley to US CEOs

GST, reforms to boost India's growth: Arun Jaitley to US CEOs

In his meeting with the members of the visiting US CEOs Forum, Jaitley said the trade between the two nations will get a boost due to business-to-business, business-to-government and government-to-government interaction.

'Reforms, inclusive growth India's focus areas at G20 summit'

'Reforms, inclusive growth India's focus areas at G20 summit'

India's focus at the G20 summit in China next month will be on global structural reforms to generate jobs, spur inclusive growth and discuss issues relating to the USD 100 billion climate financing committed by developed nations, the economic affairs secretary said Friday.

 

Reforms at lower level needed to improve ease of doing biz: Arun Jaitley

Reforms at lower level needed to improve ease of doing biz: Arun Jaitley

Union Finance Minister Arun Jaitley called for reforms at municipal and panchayat levels to complement the efforts of the Centre and the states to improve ease of doing business. 

Major changes in Railways to carry forward Modi's reform agenda

Major changes in Railways to carry forward Modi's reform agenda

Railways have initiated bold steps for restructuring its Board, including redistribution of work among members and creation of a new post of Advisor from outside for resource mobilisation, as part of Prime Minister Narendra Modi's reform agenda earmarked for the national transporter.

Olympics: Russia`s doping denial threatens reforms – experts

Russia stubbornly says there was no state role in the country`s doping scandal.

IMF flags decelerating pace of reforms in India; lists six areas for further reforms

IMF flags decelerating pace of reforms in India; lists six areas for further reforms

Listing out as many as six core areas that need further reforms in India, IMF has warned that headwinds from weaknesses in the country's corporate and bank balance sheets, decelerating pace of reforms and sluggish exports may weigh on its economic growth.

Saudi Arabia unveils first targets in sweeping reform plan

Saudi Arabia unveils first targets in sweeping reform plan

In a press conference in the early hours of Tuesday in Jeddah, officials revealed sweeping plans to create some 450,000 non-government jobs by 2020, boost non-oil revenues and cut the cost of public wages.

Labour reforms not essential for industrial growth: FM Jaitley

Labour reforms not essential for industrial growth: FM Jaitley

Finance Minister Arun Jaitley has told Bharatiya Mazdoor Sangh that labour reforms are "not essential" for industrial growth and changes in these laws would be made only after taking unions on board, the RSS affiliated body said Thursday.

Reforms to push India's growth to 8% by FY'19: Fitch

Reforms to push India's growth to 8% by FY'19: Fitch

In its latest Global Economic outlook, Fitch Ratings said it expects India's real GDP growth to rise to 8 percent by 2018-19, from 7.9 percent in 2017-18 and 7.7 percent in 2016-17.

Politically difficult to speed up structural reforms: Raghuram Rajan

Politically difficult to speed up structural reforms: Raghuram Rajan

It is 'politically difficult' to speed up structural reforms in India, RBI Governor Raghuram Rajan said on Saturday even as he stressed on a need for cleansing the banks and checking inflation to ensure faster GDP growth.

Thousands take to streets in Greece ahead of reform vote

Thousands take to streets in Greece ahead of reform vote

Thousands of protesters took to the streets of Athens Sunday as Greece's parliament prepared to vote on a controversial tax and pensions overhaul which has sparked mass opposition.

Christine Lagarde for breathing space before next round of IMF reforms

Christine Lagarde for breathing space before next round of IMF reforms

A day after India pitched for further quota reforms at IMF to reflect global economic realities, its chief Christine Lagarde Sunday said a round of quota reforms has just been completed and there has to be some breathing space before the next round is taken up.

India need to keep reform momentum going: Arun Jaitley

India need to keep reform momentum going: Arun Jaitley

As the global environment becomes extremely difficult and challenging, India will need to keep the reform momentum going while putting resources in areas where it lacks, Finance Minister Arun Jaitley said Friday.

Govt to bring in more banking reforms soon: Arun Jaitley

Govt to bring in more banking reforms soon: Arun Jaitley

Hinting at major banking sector reforms in the offing, Finance Minister Arun Jaitley Sunday said the country is not at a stage where the government can completely exit its holding in the 27 public sector banks.

IMF implements quota reforms; India, China get more voting rights

IMF implements quota reforms; India, China get more voting rights

For the first time, the four emerging economies – India China, Brazil and Russia -- would be among the 10 largest members of the International Monetary Fund.

Lower inflation result of reforms, global oil prices: FinMin

Lower inflation result of reforms, global oil prices: FinMin

WPI-based inflation has come down from 6.0 percent in 2013-14 to 2.0 percent in 2014-15. The wholesale inflation has been in the negative zone since November 2014 and stood at -3.8 percent in October 2015.

Delay In Reforms May Adversely Affect Investments: Moody's

Rating agency Moody's has warned a reversal in investments if the economic reforms get further delayed affecting the projected GDP for 2016.

All Party Meeting To Create Consensus On GST Bill

Before winter session of Parliament the attempt to bring a consensus on GST Bill through all party meeting has brought the ball in the court of Congress that alone can unite the opposition in favour of the bill.

PM Modi promises more reforms; hopes to rollout GST next year

PM Modi promises more reforms; hopes to rollout GST next year

 PM Narendra Modi promised at India Singapore Economic Convention that he will make India more attractive for foreign investments and assured assured investors they would be guided well when they come investing in India.