Fiscal deficit, inflation under control, eco in revival mode: FM Jaitley

Last Updated: Monday, August 24, 2015, 16:00

The Economic Survey presented by Jaitley in February had projected a growth rate of 8.1 to 8.5 per cent for the current financial year.

Raghuram Rajan says enough reserves to contain volatility, hints at rate cut

Last Updated: Monday, August 24, 2015, 15:03

"I wish to reassure the markets that our macroeconomic factors are under control as the economy is in much better position relative to many other economies," Rajan told the IBA-Ficci organised banking summit Fibac.

Raghuram Rajan reassures markets as China woes spread like wildfire

Last Updated: Monday, August 24, 2015, 11:30

Rajan said the country has USD 380 billion in forex reserves to be used as and when the need arises. He also said he sees oil prices remaining at low levels at for a year or two.

Low inflation, not public pleading, should drive rate cut: Raghuram Rajan

Last Updated: Monday, August 24, 2015, 11:07

"Rate cuts should not be seen as goodies that the RBI gives out stingily after much public pleading," Rajan said in a speech to a banking event.

Ability to withstand challenging global trends strong: Jaitley

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.

NCAER predicts economic growth at 7.5% this fiscal

Last Updated: Friday, August 21, 2015, 23:56

It said the turbulences in the world economy adds uncertainty to the Indian economy.

Rate cuts: Raghuram Rajan says watching monsoon impact on inflation

Last Updated: Thursday, August 20, 2015, 17:11

Amid persistent rate cut calls from the government and the industry, RBI Governor Raghuram Rajan on Thursday said the central bank is keeping a watch on monsoon and global factors to assess their impact on inflation.

Government steps up pressure on RBI to cut rate

Last Updated: Thursday, August 20, 2015, 15:38

Finance Minister Arun Jaitley is stepping up pressure on the RBI to cut rates as the economy struggles and price rises slow, with some bureaucrats working behind the scenes to argue for an immediate cut of as much as 50 basis points.

'India still far off from turnaround in corporate investment cycle'

Last Updated: Wednesday, August 19, 2015, 19:37

The country remains a 'long way off' from a complete turnaround in the corporate investment cycle despite various positive economic indicators, says a report.

RBI will take note of falling inflation: Jaitley

Last Updated: Tuesday, August 18, 2015, 23:02

Making a case for interest rate cut, Finance Minister Arun Jaitley Tuesday hoped that RBI will take note of the declining inflation and take a decision accordingly.

British inflation rate edges up from zero

Last Updated: Tuesday, August 18, 2015, 15:56

"A smaller fall in clothing prices on the month compared with a year ago was the main contributor to the rise in inflation."

Efforts to bring down inflation further to continue: Modi

Last Updated: Saturday, August 15, 2015, 13:44

Despite inflation falling to record lows, Prime Minister Narendra Modi today promised to continue the war on prices to bring rates further down as a measure to boost economy and provide relief to the common man.