Financial frauds lethal parasites to economy: Jayant Sinha

Last Updated: Friday, July 17, 2015, 19:26

Terming financial sector frauds as "lethal parasite" to the economy, Union Minister Jayant Sinha on Friday asked banks to fast-track the process of reporting such instances to help the probe agencies crack these cases.

India to grow at 7.8%; land, tax reforms delay a risk: ADB

Last Updated: Thursday, July 16, 2015, 17:33

ADB on Thursday retained India's growth projection for the current fiscal at 7.8 percent, making it the fastest growing economy, but cautioned that delay in land and taxation reforms could hinder growth.

ADB pegs India's GDP at 7.8%, sees reforms delay as risks

Last Updated: Thursday, July 16, 2015, 14:46

Indian economy grew 7.3 percent in 2014-15.

India's exports plunge again, clouding growth outlook

Last Updated: Wednesday, July 15, 2015, 19:47

Imports in June fell 13.4 percent from a year earlier to USD 33.12 billion, their seventh consecutive decline, chiefly reflecting a slide in prices for oil - India`s top import.

Exports fall for 7th straight month, dip 15.82% to $22.2 billion in June

Last Updated: Wednesday, July 15, 2015, 19:15

India's exports contracted for the seventh straight month in June, government data showed on Wednesday, marking a 15.82 percent drop year-on-year because of a slump in global demand.

India needs to curb red tape and lift FDI limits: Biden

Last Updated: Tuesday, July 14, 2015, 14:28

India needs to cut red tape and lift limits on FDI to move forward, US Vice President Joe Biden said as he sought a high-standard bilateral investment treaty that would make the world's fastest growing economy a magnet for the American capital and technology.

Arun Jaitley says 8-10% growth achievable, tax revenues growing

Last Updated: Sunday, July 12, 2015, 15:57

He also said monsoons are progressing well and there are expectations that "rain gods will be kinder" this year, which would result in higher production of pulses and other items.

Indian economy sustainable at 8-10%: Panagariya

Last Updated: Thursday, July 9, 2015, 14:42

India's economic growth will be sustainable at 8 to 10 percent per annum over the longer-term, a top Indian economist said.

India sees stable growth momentum; slowdown likely in China, US

Last Updated: Wednesday, July 8, 2015, 17:42

The readings are based on Composite leading indicators.

Greece unlikely to impact Indian economy, say fund managers

Last Updated: Tuesday, July 7, 2015, 00:56

The Greek crisis is unlikely to have any impact on the Indian economy since it has only negligible exposure to the troubled Mediterranean island, fund managers said here today.

India has 'robust' macroeconomic foundation for growth: Jayant Sinha

Last Updated: Wednesday, July 1, 2015, 17:07

The country, Minister of State for Finance Jayant Sinha said, is prepared to deal with the aftermath of the Greek crisis.

Rajan did not imply world facing new Great Depression: RBI

Last Updated: Sunday, June 28, 2015, 18:40

"We need rules of the game in order to effect a better solution. I think it is time to start debating what should the global rules of the game be on what is allowed in terms of central bank action," he said.