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Indirect tax collections grow 36.5% to Rs 2.63 lakh crore

Last Updated: Wednesday, September 9, 2015, 19:18

Indirect tax collections rose 36.5 percent in April-August to over Rs 2.63 lakh crore, suggesting that the underlying momentum in the economy is strong, the Finance Ministry said Wednesday.

India remains attractive investment destination: CEA

Last Updated: Tuesday, September 8, 2015, 23:33

Amid the global financial turmoil, Indian economy will grow at the highest rate and also remain an attractive investment destination, Chief Economic Advisor Arvind Subramanian said Tuesday.

India's 2015-16 GDP growth still seen at around 8%: Subramanian

Last Updated: Wednesday, September 2, 2015, 14:11

The Indian economy is still expected to grow around 8 percent in the fiscal year to March 2016, said the chief economic adviser at the finance ministry on Tuesday.

Chinese slowdown opportunity for India: CEA

Last Updated: Monday, August 31, 2015, 23:15

The slowdown in China is a historic opportunity to relaunch growth in India, Chief Economic Adviser Arvind Subramanian said Monday.

India pitches for rating upgrade by S&P on strong macro data

Last Updated: Monday, August 31, 2015, 15:22

India on Monday pitched for rating upgrade by Standard and Poor's citing strong macroeconomic indicators, low inflation and improvement in fiscal as well as current account deficits.

Yuan devaluation to have temporary impact on rupee: CEA

Last Updated: Friday, August 14, 2015, 21:34

The Finance Ministry on Friday said the devaluation of Chinese currency will only have a temporary impact on the rupee as India has adequate foreign exchange reserves.

World economies must take note of yuan devaluation: CEA

Last Updated: Wednesday, August 12, 2015, 13:14

World economies, including India, will have to take note of Chinese currency devaluation designed to avert slowdown in its economy and exports, Chief Economic Advisor Arvind Subramanian said Wednesday.

CEA Arvind Subramanian pegs growth at 8-10%, with exports rider

Last Updated: Monday, July 27, 2015, 22:26

Chief Economic Advisor (CEA) Arvind Subramanian on Monday said India can grow at 8-10 percent, provided exports put up a strong show.

India needs to be watchful about US Fed rate hike: Arvind Subramanian

Last Updated: Sunday, July 12, 2015, 14:09

A hike in interest rates by the US, it is feared, could result in the flight of capital from the emerging markets including India.

India insulated from Greece fallout, rupee may get hit: Govt

Last Updated: Monday, July 6, 2015, 13:31

With Greeks' rejection of rescue package from creditors spooking markets, the government on Monday asserted that India is well insulated from the crisis but rupee may be affected due to the outward flight of investment.

Address factors that generate black money: CEA

Last Updated: Tuesday, June 23, 2015, 16:07

Speaking about inflation, Subramanian said one solution to curb price rise could be to encourage people to keep their money in banks and not spend too much.

Origins of black money needs to be addressed: CEA Subramanian

Last Updated: Tuesday, June 23, 2015, 15:21

Speaking on the sidelines of a series of talks on `Economic Survey: Taking stock of the Indian Economy` Chief Economic Advisor Arvind Subramanian has asked the Centre to focus on the origins of black money rather than chasing it in all corners of the globe if it wants to avoid giving out a "wrong perception about India".