US tells China at G20 to avoid 'competitive devaluation'

Last Updated: Friday, September 4, 2015, 23:53

US Treasury Secretary Jacob Lew on Friday told his Chinese counterpart at a G20 meeting in Ankara to avoid competitive devaluation and improve communication of Beijing`s economic policy.

NITI Aayog to hire chief economist for policy issues

Last Updated: Friday, July 31, 2015, 16:32

In an advertisement posted on its website, the National Institute for Transforming India (NITI) Aayog said that it wants to hire Chief Economist by any of the three methods --promotion, deputation and direct recruitment.

China import tax cuts no remedy for retail slowdown

Last Updated: Monday, June 1, 2015, 10:22

Companies are eager to cool talk of lower prices, saying many of the goods they sell in China are already made locally.

Moody's says India ratings upgrade to depend on fiscal consolidation

Last Updated: Friday, January 16, 2015, 00:17

A Moody`s Investors Service analyst said India needed to improve its fiscal position to earn a ratings upgrade and warned that even if policy action was taken now it would likely take a while for the impact to be reflected on government finances.

Businesses created 8 million new jobs in US: Obama

Last Updated: Thursday, January 16, 2014, 10:46

Barack Obama said that businesses have created over eight million new jobs in America due to his new economic policies.

US calls on Germany to boost its 'anemic pace' of demand

Last Updated: Thursday, October 31, 2013, 11:14

The Treasury`s semi-annual report to Congress on international economic and exchange rate policies singled out Europe`s largest economy for keeping its economic policy too tight.

`BJP`s economic policy same as of Congress`

Last Updated: Tuesday, March 19, 2013, 18:33

Claiming that the neo-liberal policies of the UPA government favour the rich and the BJP was no different, CPI-M General Secretary Prakash Karat Tuesday.

Policy logjam can pull down growth rate to 5% in 12th Plan

Last Updated: Sunday, December 23, 2012, 12:05

The Plan panel has warned that persistent policy logjam could pull down the annual average economic growth rate in the 12th Five Year Plan (2012-17) to 5-5.5 percent, from 7.9 percent recorded in the 11th Plan.

More decisions to boost growth likely to follow: Rangarajan

Last Updated: Monday, October 15, 2012, 20:50

Referring to diesel price hike, he said the decision would help in reducing the fiscal deficit.

Policy action needed to contain fiscal deficit: Rangarajan

Last Updated: Sunday, August 12, 2012, 17:39

Policy action is "very much" needed to reduce petroleum subsidies and contain contain fiscal deficit at budgeted level of 5.1 per of GDP in this financial year, Prime Minister’s Economic Advisory Council Chairman C Rangarajan has said.