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India hasn't changed even after 25 years, we act only in crisis: Manmohan Singh

India hasn't changed even after 25 years, we act only in crisis: Manmohan Singh

Zee Media Bureau

New Delhi: The pace of economic reforms has remained sluggish in India unless called upon by an imminent crisis, believes the prime architect of Indian economic reforms and former Prime Minister Dr Manmohan Singh.

FM Jaitley assures investors reforms, says several bills in pipeline

FM Jaitley assures investors reforms, says several bills in pipeline

Expressing India's commitment to continuing with economic reforms, Finance Minister Arun Jaitley on Friday said the government has several legislations in the pipeline that will be pursued in coming days.

Indo-US business poised to grow fivefold: USIBC

The bi-lateral trade between India and the United States is poised to grow fivefold from the current USD100 billion to USD500 billion, a Indo-US business body has said.

US asks India to consider more steps to facilitate trade

The US has said it is encouraged by the economic reforms being pursued by the Indian government, and appealed to it to consider taking additional steps towards facilitating trade.

Modi picks up pace on economic reform, opposition remains

Prime Minister Narendra Modi is increasing his focus on economic reforms including raising the cap on foreign investment in the insurance sector.

S&P representatives meet FinMin officials

The agency frequently updates its credit rating.

Manmohan Singh promises more reforms in coming months

Claiming that his government has put the country on a high growth momentum, Prime Minister Manmohan Singh on Friday promised to roll out more reforms in the next few months.

Govt ready to take difficult decisions to check deficit: FM

India's growth rate during 2012-13 slipped to decade's low of 5 percent and during the first quarter of the current fiscal, the economy recorded a modest growth of 4.4 percent.

India's economic reforms not enough: US trade official

The business community has in recent months become increasingly vocal about certain policies, he said.

Innovation, reforms needed to spur economic growth: CII

Reforms in governance as well as innovation across businesses needed to bring the slowdown-hit economy back to higher growth rate trajectory, industry body CII said Monday.

Anxiety among investors on reforms in India: World Bank

There is anxiety among investors not only on the pace and nature of economic reforms but also political stability in India, a top World Bank official has said.

Polls not a hitch for reforms: Chidambaram

Vowing to deliver on the fiscal roadmap, Finance Minister P Chidambaram has expressed confidence that elections are not a hitch in carrying out reforms including fuel price adjustments.

India committed to reforms, FM tells European investors

Assuring India's commitment to pursue economic reforms, Finance Minister P Chidambaram has said government will cut fiscal and current account deficits to help economy return to the 8 percent growth path.

India suffered worst slowdown in decade despite reforms push

The Indian economy suffered its worst slowdown in almost a decade, with the country even facing the ignominy of a ratings downgrade, which was salvaged somewhat with some hasty but big-ticket reforms in the latter part of the year.

Reforms needed to achieve accelerated growth, inclusion: Prez

"Today India is among the fastest growing countries in the world.... India's share in world GDP has doubled in the last two decades.... It became the third largest economy in the world on purchasing power parity basis this year.

Investment cycle revival at least 3-4 yrs away: Credit Suisse

Credit Suisse has said the impact of recent reforms will have no impact on the investment cycle at least in next 3-4 years as the past eight years have "sapped the energy out of the economy".

Parl must function, pass laws to boost growth: Chidambaram

Parliament must function and pass laws necessary for promoting economic reforms and boosting growth, Finance Minister P Chidambaram said.

Sharma hints at more reforms measures

Indicating more reforms, Commerce and Industry Minister Anand Sharma Monday asserted that the government will "keep taking decisions" such as FDI in retail in the national interest.

FM confident insurance, pension bills will be passed

Promising more reforms, Finance Minister P Chidambaram on Saturday expressed confidence that the bills on FDI in insurance and pension will be passed in Parliament for which he will soon open dialogue with the opposition parties including the BJP.

Reforms in India necessary to create competitive economy: IIF

The new set of economic reforms announced by India are necessary to create a more competitive economy, Institute of International Finance (IIF) has said, welcoming the UPA Government's decision on opening up more sectors to foreign direct investment.