Economy | The Asian Age

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Finance Minister Arun Jaitley. (Photo: Twitter | ANI)

GST a monumental reform, hit growth only for 2 quarters: Jaitley

Former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India's growth story.

12 Nov 2018 11:08 AM

Economic Affairs Secretary Subhash Chandra Garg.

Govt not seeking Rs 3.6 lakh cr from RBI: DEA Secretary

Fiscal deficit target of 3.3 per cent for the current financial year ending March 31, 2019.

09 Nov 2018 2:02 PM

Moody's said global economic growth will slow in 2019 and 2020 to a little under 2.9 per cent from an estimated 3.3 per cent in 2018 and 2017.

India's economic growth to slow to 7.3 pc in 2019: Moody's

The Indian economy grew 7.9 per cent in the first half (January-June) of 2018.

08 Nov 2018 12:56 PM

Demonetisation led to formalisation of economy, expanded tax base: Jaitley

The indirect tax to GDP ratio has gone up to 5.4 per cent post GST, from 4.4 per cent in 2014-15.

08 Nov 2018 12:29 PM

RBI board needs to play like Dravid: Raghuram Rajan

Banks can kick-start lending and support growth, and transferring more dividend to boost liquidity.

07 Nov 2018 11:09 AM

Emerging markets in G-20 would see a slower growth at around 4.6 per cent in 2019 than 5 per cent in 2018.

Emerging markets like India to see tightened monetary policy in 2019: Moody's

Indian economy grew by 7.7 pc in the Jan-Mar quarter, and touched a two-year high of 8.2 pc in the April-June quarter.

06 Nov 2018 4:12 PM

Congress president Rahul Gandhi. (Photo: PTI)

PM needs Rs 3.6 lakh cr from RBI to fix 'mess' his economic theories created: Rahul

Gandhi also urged Reserve Bank Governor Urjit Patel to "stand up" to the prime minister and "protect the nation".

06 Nov 2018 3:07 PM

Excessive competition can at times put particular sector under stress: Jaitley

Govt wanted effective market players, reasonably optimum in number so that the consumer interest is protected.

05 Nov 2018 3:48 PM

On the job front, Indian service providers continued to add to their payrolls and the sector witnessed the second-strongest increase in employment since March 2011. (File Photo)

India services sector activity in Oct sees quickest growth since July: PMI

PMI surveys brought positive news of stronger economic growth at the start of the third quarter of FY 2018-19.

05 Nov 2018 11:25 AM

Eminent economist Arvind Panagariya. (Photo: PTI)

India, other Asian countries benefited from opening up trade: Panagariya

India merchandise exports stood at USD 50 billion and it grew to USD 300 billion in 2011.

03 Nov 2018 4:32 PM

Finance Minister Arun Jaitley. (Photo: PTI)

India to be among 3 largest economies in coming years: Jaitley

India emerged as the world's sixth largest economy in 2017, surpassing France.

02 Nov 2018 6:03 PM

This is the 15th consecutive month that the manufacturing PMI remained above the 50-point mark.

Manufacturing sector activity rises in Oct on robust order flow: PMI

The Nikkei India Manufacturing Purchasing Managers' Index strengthened from 52.2 in September to 53.1 in October.

01 Nov 2018 11:27 AM

The current account deficit is range-bound at around 2.5 per cent of GDP. (Representational Image)

Market cap, GDP to reach USD 6 trillion in 10 years: Morgan Stanley

India's GDP is up 10-fold and equity market cap is up 22 times in the last 25 years.

01 Nov 2018 10:42 AM

The lowest growth rate was in May 2018 when the core sectors expanded at 4.1 per cent. (Photo: AP)

Core sector growth slows down to 4-month low of 4.3 pc in Sept

During April-September 2018, the core sector growth was 5.5 per cent as against 3.2 per cent in the year-ago period.

31 Oct 2018 5:16 PM

India on way to becoming 3rd richest country: Mukesh Ambani

Ambani said India needs to prepare itself for a period of information and digital abundance.

30 Oct 2018 12:24 PM

India's rupee has slumped to an all-time low amid an investor exodus from emerging markets.

Private Equity investments ease to USD 14.60 bn in Jan-Sept: report

The environment for private equity market has been sluggish due to concerns like the economy.

23 Oct 2018 4:24 PM

China and India, are catching up with or even outperforming the average among high-income economies.

India ranked 58th most competitive economy in WEF index

India's rank rose by five places from 2017, the largest gain among G20 economies.

17 Oct 2018 8:40 AM

India needs strong, decisive govt to take swift decision: Jaitley

Jaitley said if India continues on high growth path, then the country can get rid of poverty

16 Oct 2018 1:46 PM

The IMF is very much stressing that global debt at USD 182 trillion in 2017 is at a new record high. (Photo: AFP)

India's debt lower than best, emerging market economies: IMF

India private debt in 2017 was 54.5 per cent of the GDP and the general govt debt was 70.4 per cent of the GDP.

10 Oct 2018 1:36 PM

Over 40 per cent of economists expecting inflation to rise above the RBI’s target. (Photo: PTI)

Inflation likely rose to RBI's four percent target in Sept: report

Wholesale price inflation probably rose to 4.90 per cent in September from 4.53 per cent in August.

10 Oct 2018 12:28 PM

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Sunil Gatade