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RBI says growth picking up, sees 5.5% expansion this year

RBI says growth picking up, sees 5.5% expansion this year

Last Updated: Thursday, August 21, 2014, 19:28

The Reserve Bank on Thursday said the economy is likely to grow at 5.5 percent in the current fiscal as it sees pick-up in manufacturing and investment.

India to grow at 5.8% in 2014-15: Mayaram

India to grow at 5.8% in 2014-15: Mayaram

Last Updated: Thursday, August 21, 2014, 15:34

The Finance Ministry on Thursday said the growth rate in the current financial year will accelerate to 5.8 percent, better than previous estimates, saying the green shoots of economic recovery are now visible.

Narendra Modi to review performance of infrastructure sector next month

Narendra Modi to review performance of infrastructure sector next month

Last Updated: Thursday, August 21, 2014, 14:20

Prime Minister Narendra Modi will review the performance of key infrastructure sectors, including coal and power, in achieving targets at a meeting early next month.

Narendra Modi seeks ideas to replace Soviet-style planning

Last Updated: Tuesday, August 19, 2014, 17:50

Prime Minister Narendra Modi on Monday sought suggestions from the public to help re-fashion the Soviet-inspired central Planning Commission that supporters say is in line with a new, open style of governance.

Govt against high taxation; both pro-business, pro-poor: FM

Last Updated: Saturday, August 16, 2014, 18:35

Union Finance Minister Arun Jaitley on Saturday said the Narendra Modi government does not believe in a high taxation regime but is being pro-business and pro-poor at the same time.

Low growth, high inflation not acceptable: Jaitley

Last Updated: Saturday, August 16, 2014, 14:50

Finance Minister Arun Jaitley on Saturday said the current situation of high inflation and low growth has to be reversed to achieve sustainable GDP expansion along with improvement in price situation.

For some fans of Modi, so far, so disappointing

Last Updated: Wednesday, August 13, 2014, 08:41

To some of the economists and business leaders who as his campaign cheerleaders dared to dream of a Thatcherite revolution, he seems not to be listening.

We have ended policy paralysis: Arun Jaitley

Last Updated: Saturday, August 09, 2014, 13:01

"In the past 75 days, we have restored the credibility of the economy...broke policy paralysis and tax terrorism," Arun Jaitley added.

Modi sticks to failed recipe in India's food-inflation fight

Last Updated: Friday, August 08, 2014, 09:03

Economists who had backed Modi to put Asia`s third largest economy back on track are already expressing unease at the government`s failure.

Steps taken by Govt will yield results in few months: Jaitley

Last Updated: Saturday, August 02, 2014, 18:24

Finance Minister Arun Jaitley on Saturday said that steps taken by the NDA government will yield good results in the next few months and it will not hesitate to take firm decision for long term welfare of the country.

'Economy can grow by 6.5% in 2014-15'

Last Updated: Wednesday, July 30, 2014, 15:46

Allaying fears of adverse impact of deficient monsoon on the economy, National Statistical Commission Chairman Pronob Sen on Wednesday said the country's growth can be as high as 6.5 percent in the current fiscal.

Narendra Modi meets infra secretaries to set target for current fiscal

Last Updated: Saturday, July 26, 2014, 18:08

Aiming to spruce up growth, Prime Minister Narendra Modi on Saturday met secretaries of nine infrastructure ministries to set targets for 2014-15 and identify key projects in sectors like road, power and railways.