India to be world's fastest growing big economy by 2017: World Bank

Last Updated: Wednesday, January 14, 2015, 23:37

Fuelled by economic reforms, India is projected to become the world`s fastest growing large economy by 2017 with a growth rate of seven percent, overtaking China along the way, a World Bank report said Tuesday.

Significant investment pick-up soon; reverse flow checked: FM Jaitley

Last Updated: Monday, January 12, 2015, 20:42

Jaitley also took a dig at the opposition parties for criticising the government on its "quick decisions", referring to the Ordinance route adopted for passage of key reforms.

Govt should consider separate ministry for NRIs: Hinduja

Last Updated: Sunday, January 11, 2015, 20:59

Lauding Prime Minister Narendra Modi for creating a sense of optimism in the country, NRI industrialist Prakash Hinduja said the Indian diaspora now wants faster implementation of reform measures and the government should consider a separate ministry for NRIs.

MFs invest Rs 6 trillion in debt markets in 2014

Last Updated: Friday, January 9, 2015, 17:26

Mutual funds pumped in more than Rs 6 trillion in the debt markets in 2014, an increase of 28 percent from the preceding year, primarily on account of improved sentiment.

Economy to recover in 2015; FY15 GDP at 5.5%: Nomura

Last Updated: Monday, January 5, 2015, 14:32

According to the global financial services firm, the recovery is likely to get support from easing inflationary pressures and measures towards economic reforms.

Bank stocks in limelight on hopes of reforms

Last Updated: Friday, January 2, 2015, 17:54

Shares of ICICI Bank rose by 2.81 percent, Yes Bank was up 2.60 percent, AXIS Bank (2.44 percent), Kotak Mahindra Bank (1.48 percent) and HDFC Bank (1.43 percent) on the BSE.

Govt eyes reforms through window when door is shut: Experts

Last Updated: Monday, December 29, 2014, 16:37

With limited legislative success in the Winter session of Parliament, the government has adopted the ordinance route to push key economic reforms but that still leaves uncertainty on the table, experts from top global banks have said.

FM signals urgent need for RBI rate cut

Last Updated: Monday, December 29, 2014, 13:43

Sending a clear signal to the Reserve Bank of India (RBI) to cut interest rates in view of industrial output slipping further in October, Finance Minister Arun Jaitley Monday called for increasing the flow of funds in the market.

Reform or 'miss the bus', warns FM Arun Jaitley

Last Updated: Saturday, December 20, 2014, 21:09

India`s Finance Minister appealed to opposition parties Saturday to cooperate in passage of economic reform legislation, warning otherwise Asia`s third-largest economy "will miss the bus" again.

Govt working overtime to push reforms; GDP to rise to 6-6.5%: FM

Last Updated: Friday, December 12, 2014, 16:41

He further said the government decontrolled diesel and would take more steps to streamline public expenditure and rationalise subsidies after receiving the report of the Expenditure Commission.

India's growth to accelerate to 6.5% in 2015 on reforms: Fitch

Last Updated: Monday, December 8, 2014, 22:24

India's economic growth rate will accelerate to 6.5 percent in 2015 and further to 6.8 percent in 2016 on account of reforms, Fitch Ratings said Monday.

Govt working on 'as big reforms as we need: HDFC Bank chief

Last Updated: Sunday, December 7, 2014, 11:11

Confident about India returning to 7 percent growth path, top banker Aditya Puri has said that the government was serious about big economic reforms and "the proof of the pudding" will be pick-up in investments.