Last Updated: Friday, August 28, 2015, 19:34
India's total external debt rose by USD 29.5 billion, or 6.6 percent, to USD 475.8 billion at the end of March, mainly due to increase in external commercial borrowings and NRI deposits.
Last Updated: Friday, August 28, 2015, 15:48
Greece`s economy grew by 0.9 percent in the second quarter, official date showed Friday, improving on the 0.8 percent figure reported in a flash estimate earlier in August.
Last Updated: Friday, August 28, 2015, 13:25
There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.
Last Updated: Friday, August 28, 2015, 08:07
Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.
Last Updated: Thursday, August 27, 2015, 16:18
The ratings agency said Asia's large population, GDP growth, and voracious appetite for data services will boost revenues across most of the region's telecom markets.
Last Updated: Thursday, August 27, 2015, 13:19
The recent stock market crash is an "aberration" and markets will correct based on upcoming macro numbers -- GDP and CPI inflation -- which are likely to be positive, SBI Research said in a note Thursday.
Last Updated: Wednesday, August 26, 2015, 22:49
The government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, the domestic ratings agency India Ratings said in a report Wednesday.
Last Updated: Tuesday, August 25, 2015, 10:50
Moody's has a 'Baa3' rating, the lowest investment grade, on India, just a notch above 'junk' status.
Last Updated: Saturday, August 22, 2015, 14:57
He emphasised that macroeconomic indicators like inflation, forex reserve, capital investment in infrastructure and revenue collection are all positive.
Last Updated: Friday, August 21, 2015, 23:56
It said the turbulences in the world economy adds uncertainty to the Indian economy.
Last Updated: Friday, August 21, 2015, 20:48
Union Railway Minister Suresh Prabhu on Friday said he was optimistic about the Indian economy growing to USD 20 trillion in size over the next 20 years.
Last Updated: Friday, August 21, 2015, 14:48
The Indian economy can double in three years and has the potential of becoming a $20-trillion economy, Railways Minister Suresh Prabhu said on Friday.
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