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More steps will be taken to sustain economic recovery: Jaitley

Last Updated: Friday, July 18, 2014, 17:45

Government on Friday blamed the "policy paralysis" and retro tax amendment of the previous UPA regime for the current economic woes.

India's services export in May up 9% at $13.9 billion

Last Updated: Tuesday, July 15, 2014, 20:40

India's services exports in May rose by 8.8 percent to USD 13.9 billion, according to the Reserve Bank data.

RBI eases financing norms for infra, affordable housing

Last Updated: Tuesday, July 15, 2014, 20:27

RBI said that apart from what is technically defined as infrastructure, affordable housing is another segment of the economy which requires long term funding.

India should avoid fiscal slippage: World Bank

Last Updated: Thursday, July 03, 2014, 15:35

The comments came after Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying "mindless populism" needs to be checked as India aims to boost growth.

Services sector growth surges in June on Modi wave

Last Updated: Thursday, July 03, 2014, 12:15

India's private sector output witnessed significant uptrend in June as both manufacturing and services sector registered solid rate of expansion, driven by robust order flows and stronger business sentiment, an HSBC survey said on Thursday.

Services sector growth hits 17-month high in June

Last Updated: Thursday, July 03, 2014, 11:24

Activity in India`s services sector grew at its fastest pace in well over a year in June.

India's manufacturing activity sees fastest pace of growth since Feb

Last Updated: Tuesday, July 01, 2014, 10:48

India's manufacturing sector growth in June expanded at the fastest pace since February, supported by growing order flows, especially from overseas, an HSBC survey said Tuesday.

Narendra Modi eyes first labour overhaul in decades to create jobs

Last Updated: Monday, June 30, 2014, 10:48

Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs.

Stable govt brightens prospects for economic recovery: RBI

Last Updated: Thursday, June 26, 2014, 19:00

Prospects of economic recovery in India look bright following the formation of a stable government, though supply side issues need to be solved to help monetary policy bring down inflation, the Reserve Bank of India said on Thursday.

India most confident nation economically: Report

Last Updated: Wednesday, June 25, 2014, 15:49

Formation of "business-friendly" government led by Narendra Modi has made India the most optimistic country economically, looking ahead six months, says a report.

Time to take steps to put economy on high-growth path: Jaitley

Last Updated: Tuesday, June 24, 2014, 15:48

Faced with a "challenging" economy, Finance Minister Arun Jaitley on Tuesday said the time has come to take measures that will put the country on a faster pace of growth and restore investor confidence.

Finance minister says time for action to fix economy

Last Updated: Tuesday, June 24, 2014, 12:55

India needs to act now to fix the health of its economy, which is facing a challenging time, Finance and Defence Minister Arun Jaitley said on Tuesday.