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Moody`s raises Greece`s soverign bond rating after bailout

The move reduces the spectra of a short-term crisis, after euro zone governments agreed to give Greece a new credit lifeline of some 8.5 billion Euros.

RBI likely to hold interest rate on Wednesday

RBI likely to hold interest rate on Wednesday

The Reserve Bank of India (RBI) is expected to keep interest rates unchanged in its second bi-monthly policy review scheduled for Wednesday, despite latest data showing significant plunge in both inflation and in the rate of economic growth.

Successful demonetisation will help up revenues in long run: World Bank

Successful demonetisation will help up revenues in long run: World Bank

Successful demonetisation will help in raising revenues on sustained basis as more and more people will come under the tax net, says a World Bank report.

Note ban hit GDP growth; RBI must cut rates: India Inc

Note ban hit GDP growth; RBI must cut rates: India Inc

The government's note ban move clearly had a debilitating impact on India's economy, the industry said on Wednesday, after GDP data showed growth declined to 6.1 per cent in the January-March quarter.

India's FY17 growth slows to 7.1%, Q4 GDP at 6.1%

India's FY17 growth slows to 7.1%, Q4 GDP at 6.1%

India`s economy grew 6.1 percent in the three months through March from a year earlier, slowing from a provisional 7 percent in the previous quarter, government data showed on Wednesday. 

Digitisation will curb shadow economy: Arjun Ram Meghwal

Pitching for rapid movement towards digitisation of the economy, Union minister Arjun Ram Meghwal on Sunday said the government's digital initiative is crucial to curb the black market.

Demonetisation will reduce rich-poor divide: MoS Arjun Ram Meghwal

New Delhi: Demonetisation will lead to narrowing of the divide between the rich and the poor, Minister of State for Finance Arjun Ram Meghwal said on Monday.

Indian economy grows 7.3% in September quarter; uncertainty looms for 2nd half due to demonetisation

Indian economy grows 7.3% in September quarter; uncertainty looms for 2nd half due to demonetisation

India remained the fastest growing major economy with its GDP accelerating to 7.3 percent in the September quarter, pushed mainly by farm output.

Government raises $314 million from share sale in L&T

Government raises $314 million from share sale in L&T

India has raised 21 billion rupees ($314 million) from a stake sale in engineering group Larsen & Toubro Ltd , IFR reported on Friday, citing two sources close to the transaction.

Q1 GDP to be good due to normal monsoon, salary hikes

Q1 GDP to be good due to normal monsoon, salary hikes

The government expects Gross Domestic Product (GDP) growth to pick up to eight percent in 2016-17, from 7.6 percent in 2015-16.

'Narendra Modi government's fiscal policy quite prudent; improving India's quality of growth'

'Narendra Modi government's fiscal policy quite prudent; improving India's quality of growth'

Rating agency Crisil has heaped praises on PM Narendra Modi-led government at the Centre.

Australian PM almost certain victor in election but no celebration

Australian PM almost certain victor in election but no celebration

Australian Prime Minister Malcolm Turnbull to retain power after a bruising national election.

India's GDP likely to expand by 7.7% in FY17: NCAER

India's GDP likely to expand by 7.7% in FY17: NCAER

Economic think-tank NCAER today projected India's economic growth rate to improve marginally to 7.7 percent in 2016-17 against the backdrop of IMD's forecast of better monsoon rains this year.

Power reforms likely to pressure states' budgets: RBI

Power reforms likely to pressure states' budgets: RBI

India`s power reforms are likely to put pressure on state governments` budgets, potentially forcing them to cut spending needed to support economic growth, the Reserve Bank of India (RBI) said in a report on Thursday.

Indian economy to grow at 5-year high of 7.6% in 2015-16

Indian economy to grow at 5-year high of 7.6% in 2015-16

Indian economy will grow at a 5-year high of 7.6 percent in the fiscal ending March, overtaking a slowing China, on the back of improvement in manufacturing and farm sectors.

GST will be a game changer: Arun Jaitley

Finance Minister Arun Jaitley said on Tuesday that Goods and Services Tax Bill (GST) is the need of the hour and would be a game changer once it gets parliament`s nod.

Russian GDP up 0.1% in October: Minister

Ulyukayev described the current situation of the Russian industry as stagnation.

More obesity among higher educated in poor countries

 In poor countries, obesity is more common among the higher educated, while in rich countries, obesity is more common among the lesser educated, new research has found.

Brazil to generate more GDP if cuts carbon emissions

 Brazil can generate an extra $148 billion of gross domestic product (GDP) from 2015 to 2030 if the government adopts measures to reduce carbon emissions, a report says.

'Achieving 25% of GDP from manufacturing, 100 mn jobs by 2022 difficult'

'Achieving 25% of GDP from manufacturing, 100 mn jobs by 2022 difficult'

Considering the rate at which the Modi government's ambitious 'Make in India' initiative is progressing, its target of creating 100 million jobs and achieving 25 percent of GDP from manufacturing sector by 2022 may be difficult to meet, says a recent survey.