Economy - general
Fiscal deficit hits 98.7% of target in first 8 months
01 Jan 2015
Official data released on Wednesday showed the deficit stood at Rs5,25,000 crore, against the full-year’s budget estimate of Rs5,30,000 crore
Core sector output growth hits a 5-month high of 6.7% in November
31 Dec 2014
The index of the eight core sector industries, which has a weight of nearly 38 per cent in the general index of industrial production, recorded a cumulative growth of 4.6 per cent during April-November 2014-15
2014: ‘Make in India’ campaign fails to take off
30 Dec 2014
The rising cost of land, labour and capital combined with the overall difficulties in doing business in India has worked to the disadvantage of India in at least certain sectors of the economy
Growth will boost economic activities and revenue collections: FM
27 Dec 2014
Addressing state finance ministers on Friday, finance minister Arun Jaitley said the Indian economy has the potential to grow at a much higher rate than the projected 6-6.5 per cent during 2015-16
India’s economy seen growing at 5.5% in current fiscal
19 Dec 2014
Despite challenges like subdued revenue collection and a widening trade deficit, the government’s mid-term economic review says a 7-8 per cent GDP growth is “within reach” in the coming years
India third as BRICS leads the way in stashing off black money
16 Dec 2014
Independent think-tank Global Financial Integrity has ranked India third globally, with an estimated $94.76 billion (nearly Rs6,00,000 crore) of ‘black’ money outflows in 2012
GST deal likely soon as Jaitley agrees to most demands from states
16 Dec 2014
If all goes well the passage of the Constitution amendment bill will pave way for the introduction of the most important tax reform since Independence, from April 2016
India’s wholesale price inflation drops to 0% in November
15 Dec 2014
India’s wholesale price inflation in November eased to 0 per cent year-on-year, led by a drop in food and fuel price
Boosting domestic demand as important as ‘Make in India’: Rajan
13 Dec 2014
RBI governor Raghuram Rajan has called for a "Make in India Largely for India," strategy aimed at checking imports
Industrial production down 4.2% in October
13 Dec 2014
With retail inflation also dipping to 4.3 per cent, industry and business associations have raised the bogey of deflation to seek a rate cut by the Reserve Bank of India in order to spur economic activity
India to see a new development model in New Year
08 Dec 2014
The new institution is intended to foster cooperative federalism by allowing states to decide on their priorities instead of the centre deciding projects irrespective of meeting their actual needs
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