domestic factors

Bring in GST, DTC to spur growth, India Inc tells government


August 27th, 2012 - 6:13 pm ICT by IANS
Bangalore, Aug 27 (IANS) India Inc Monday urged the government to introduce the Goods and Services Tax (GST) and Direct Tax Code (DTC) to spur economic growth, which has been ... Read more...

Posted in Business |

British economy prospects grim, says think-tank


August 4th, 2012 - 1:44 pm ICT by IANS
London, Aug 4 (IANS) The prospects for the British economy over the next six months are grim, and have worsened quickly this year, according to a report by a London ... Read more...

Posted in Business |

India will soon be back on high growth path: Chidambaram


July 10th, 2012 - 10:24 pm ICT by IANS
Bangalore, July 10 (IANS) India would soon return to high growth path soon in light of several measures being taken by the United Progressive Alliance (UPA) government to reboot the ... Read more...

Posted in Politics |

India’s financial system robust, but risks remain: RBI (Lead)


June 28th, 2012 - 11:00 pm ICT by IANS
Mumbai, June 28 (IANS) India's financial system "remains robust" but challenges to stability have increased in recent months owing to global economic uncertainty and sluggish domestic growth, the Reserve Bank ... Read more...

Posted in Business |

Moody’s retains stable outlook on India


June 25th, 2012 - 2:49 pm ICT by IANS
Chennai, June 25 (IANS) Global credit rating agency Moody's Monday announced that it is maintaining a stable outlook on India's Baa3 rating as problems such as low economic growth, high ... Read more...

Posted in Business |

‘India must cut subsidies, push reforms to defend rupee’


June 24th, 2012 - 5:09 pm ICT by IANS
New Delhi, June 24 (IANS) The Indian rupee is likely to slide further and might soon touch 58 to the dollar as regulatory measures by the central bank are unlikely ... Read more...

Posted in Business |

Economic woes are largely due to domestic factors: FICCI


June 4th, 2012 - 6:20 pm ICT by IANS
New Delhi, June 4 (IANS) The government should not blame the eurozone crisis for the present economic slowdown as it is largely due to the domestic factors like excessive ... Read more...

Posted in Business |

India needs to tighten fiscal policy: IMF


April 17th, 2012 - 8:05 pm ICT by IANS
Washington, April 17 (IANS) With the notable exception of India, a number of economies in emerging Asia have room to make policy more supportive of economic activity, given favourable debt ... Read more...

Posted in Business |

CRR cut will ease liquidity problems, says Pranab


January 24th, 2012 - 7:57 pm ICT by IANS
New Delhi, Jan 24 (IANS) The Reserve Bank of India's (RBI) decision to cut the cash reserve ratio (CRR) by half a percentage point will help ease the liquidity ... Read more...

Posted in Business |

`Eurozone crisis to dent Canadian growth’


January 19th, 2012 - 3:38 pm ICT by IANS
Ottawa, Jan 19 (IANS) The Eurozone debt crisis will curb Canada's economic growth by 0.6 percent this year, or $9.89 billion, but it's a smaller damage compared to the expected ... Read more...

Posted in Business |

Asia to face difficult year: IMF


January 6th, 2012 - 1:51 pm ICT by IANS
Washington, Jan 6 (IANS) Events unfolding far from Asia's shores could shape the region's economic outlook for 2012, but Asian policymakers still have the room to respond aggressively to a ... Read more...

Posted in Business |

Inflation remains sticky, growth will moderate: RBI


October 24th, 2011 - 8:30 pm ICT by IANS
Mumbai, Oct 24 (IANS) The Reserve Bank of India (RBI) Monday said economic growth for 2011-12 will be lower than its earlier projection of 8 percent even as inflation remained ... Read more...

Posted in Business |

Business confidence on the decline: CII survey


September 4th, 2011 - 3:13 pm ICT by IANS
New Delhi, Sep 4 (IANS) Uncertainty surrounding the global economy, rising cost of inputs and high interest rates have led to a decline in business confidence in the second quarter ... Read more...

Posted in Business |

Indian mandarins seek to calm markets after US shivers (Roundup)


August 8th, 2011 - 6:59 pm ICT by IANS
New Delhi/Mumbai, Aug 8 (IANS) Indian policymakers Monday sought to lift the investor sentiments, sullied by the ratings downgrade of the US economy, with assertions that the domestic fundamentals ... Read more...

Posted in Business |

Limited impact of US debt crisis, Indian economy resilient: RBI


August 8th, 2011 - 4:08 pm ICT by IANS
Mumbai, Aug 8 (IANS) The Reserve Bank of India (RBI) Monday said the crisis emanating from downgrading of the US sovereign debt rating would have only limited impact on India ... Read more...

Posted in Business |

India, Sri Lanka to discuss Tamil settlement, sign pacts


June 8th, 2010 - 1:19 pm ICT by IANS
New Delhi, June 8 (IANS) Sri Lanka will brief India on the post-war political reconciliation plan and sign a slew of pacts to expand cooperation in areas ranging from counter-terrorism to ... Read more...

Posted in Uncategorized |

Hamid Ansari releases book on India’s foreign policy


April 13th, 2009 - 5:47 pm ICT by ANI
New Delhi, Apr 13 (ANI): Vice-President Mohammad Hamid Ansari on Monday released a book titled 'Challenges and Strategy: Rethinking India's Foreign Policy'.The book, authored by former bureaucrat Rajiv Sikri, examines India's current ... Read more...

Posted in National |

India should not be anxious to join the ‘global high table’: Ansari


April 13th, 2009 - 5:31 pm ICT by IANS
New Delhi, April 13 (IANS) India should not be "overtly anxious" to join the global high table, but work its way up there with "patience and diligence," Vice President Hamid Ansari said ... Read more...

Posted in Uncategorized |

Exports from Japan fall almost 50 percent


March 25th, 2009 - 1:31 pm ICT by IANS
Tokyo, March 25 (DPA) Japan's exports dropped by 49.4 percent in February, the biggest plunge on record, as global demand for cars and electronics declined, the Ministry of Finance said Wednesday. Exports dropped ... Read more...

Posted in World |

UAE can withstand liquidity crunch but growth may slow: S&P


October 9th, 2008 - 10:54 am ICT by IANS
Dubai, Oct 9 (IANS) The United Arab Emirates (UAE) is likely to withstand the current liquidity crunch but economic growth may slow down, according to ratings agency Standard & Poor's (S&P).In a ... Read more...

Posted in Business |

No positive cues, Indian markets outlook grim, say analysts


September 29th, 2008 - 9:12 pm ICT by IANS
New Delhi, Sep 29 (IANS) The outlook for the Indian equities markets remained grim as there are no positive global or domestic factors in sight, analysts said Monday.Indian equities markets ended deep ... Read more...

Posted in Business |

‘Reduce fiscal deficit to check inflation’


August 20th, 2008 - 10:10 pm ICT by IANS
New Delhi, Aug 20 (IANS) Reducing fiscal deficit is an imperative in the fight against high inflation, which touched 12.44 percent for the week ended July 26, a senior finance ministry official ... Read more...

Posted in Uncategorized |

‘Inflation will drop to 8 to 9 percent by next March’


August 4th, 2008 - 9:45 pm ICT by IANS
New Delhi, Aug 4 (IANS) Against popular perception that double-digit inflation will persist for more than a year, Prime Minister's Economic Advisory Council (EAC) chairman C. Rangarajan Monday said inflation could ease ... Read more...

Posted in Business |

Pakistan stocks plunge eight-month low on weak forecasts


May 26th, 2008 - 2:46 pm ICT by admin
DPA Karachi, May 26 (DPA) Pakistan stocks plunged by 4.5 percent to an eight-month low Monday, dropping 578 points by mid-day trading on mounting political uncertainties and weak economic outlook, analysts said. The ... Read more...

Posted in Business |

Manmohan Singh confident of 9 per cent growth this year


February 15th, 2008 - 3:59 pm ICT by admin
New Delhi, Feb 15 (ANI): Prime Minister Dr. Manmohan Singh today exuded confidence that the domestic economy will grow at 9 per cent this year and inflation can be contained at an ... Read more...

Posted in National |

India will achieve 9 percent growth: PM


February 15th, 2008 - 3:10 pm ICT by admin
New Delhi, Feb 15 (IANS) The Indian economy will continue to grow at a fast clip and attain 9 percent growth this fiscal, even as the government will ensure that negative impact ... Read more...

Posted in Business |

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