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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.

Reforms to boost economic growth: Govt

Last Updated: Tuesday, July 08, 2014, 22:02

India's economy slowed to below five per cent in 2012-13 and 2013-14 due to global factors and slowdown in domestic economic activities.

Bringing economy back on track will take some time: Rajnath

Last Updated: Sunday, July 06, 2014, 01:50

Terming the condition of Indian economy as "serious", Union Home Minister Rajnath Singh today said though the new government is working to bring the situation back on track, it will take some time to do so.

Eight core sector industries growth slow to 2.3% in May

Last Updated: Monday, June 30, 2014, 17:47

Weighed down by declined in production of crude oil, natural gas, petroleum and steel, the growth in eight core sector industries slowed by 2.3 percent in May compared to 5.9 percent in the same month a year ago.

April-May fiscal deficit is Rs 2.4 lakh crore

Last Updated: Monday, June 30, 2014, 17:17

The fiscal deficit in the first two months of 2014-15 was Rs 2.4 lakh crore or 45.6 percent of Budget Estimates for the whole financial year.