indian economy

Nationwide shutdown evokes mixed response as government notifies FDI (Intro Roundup)


September 20th, 2012 - 10:55 pm ICT by IANS
New Delhi, Sep 20 (IANS) On a day when parts of India shut down in response to an opposition-sponsored strike against economic reforms, a determined government Thursday night announced it ... Read more...

Posted in Politics |

Opposition protest shuts parts of India (Roundup)


September 20th, 2012 - 8:55 pm ICT by IANS
New Delhi, Sep 20 (IANS) An opposition-called shutdown against economic reforms hit normal life in many states but the government said it was firm on pushing ahead with steps to ... Read more...

Posted in Politics |

Strike estimated to cause economic loss of over $2 billion


September 20th, 2012 - 5:50 pm ICT by IANS
New Delhi, Sep 20 (IANS) The nation-wide strike against the government decision to allow foreign direct investment (FDI) in multi-brand retail and hike diesel prices is estimated to cause losses ... Read more...

Posted in Business |

Don’t roll back reforms under pressure: India Inc (Lead)


September 19th, 2012 - 9:07 pm ICT by IANS
New Delhi, Sep 19 (IANS) The industry in India Wednesday asked the government not to roll back the recent reform measures like foreign investment in multi-brand retail and hike ... Read more...

Posted in Business |

Traders across India to strike Thursday


September 19th, 2012 - 7:53 pm ICT by IANS
New Delhi, Sep 19 (IANS) One of the biggest grouping of Indian traders Wednesday called for a nationwide strike Thursday to protest the decision to allow FDI in multi-brand retail ... Read more...

Posted in Politics |

India’s inflation soars to 7.55 percent in August (Lead)


September 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Sep 14 (IANS) Driven by a sharp increase in food prices, inflation rose to 7.55 percent in August from 6.87 percent in July, government data showed Friday.The more-than-expected ... Read more...

Posted in Business |

Coalgate: Rajnath demands probe by SC judge


September 8th, 2012 - 10:12 pm ICT by IANS
Ghaziabad, Sep 8 (IANS) Rajnath Singh, Ghaziabad Member of Parliament (MP) and former president of the Bhartiya Janata Party (BJP) Saturday demanded a judicial probe by a sitting judge of ... Read more...

Posted in Politics |

Government trying to protect Indian economy from global mess: PM


September 7th, 2012 - 6:33 pm ICT by IANS
New Delhi, Sep 7 (IANS) The Indian economy is passing through a difficult time but the government is trying to protect it from the global economic mess, Prime Minister ... Read more...

Posted in Business |

Business perception in India is worse than reality: Kidwai


September 6th, 2012 - 8:05 pm ICT by IANS
New Delhi, Sep 6 (IANS) The Indian economy is passing through difficult times but business perception in the country is worse than reality, Naina Lal Kidwai, senior vice president of ... Read more...

Posted in Business |

‘Emirates Airline contributes $596 million to Indian economy’


September 3rd, 2012 - 8:19 pm ICT by IANS
New Delhi, Sep 3 (IANS) Dubai-based Emirates Airline has contributed $596 million to the Indian economy by way of boosting air transport, manufacturing and services sectors and creating direct and ... Read more...

Posted in Business |

India’s economic growth may fall below 6 percent: CII


September 2nd, 2012 - 6:51 pm ICT by IANS
New Delhi, Sep 2 (IANS) A majority of CEOs are pessimistic about the Indian economy and feel that the gross domestic product (GDP) growth would fall below six percent in ... Read more...

Posted in Uncategorized |

FDI in retail: Walmart and corner stores can co-exist


September 2nd, 2012 - 1:38 pm ICT by IANS
New Delhi, Sep 2 (IANS) A fierce debate is raging in cyberspace over the cost and benefit of foreign direct investment (FDI) in multi-brand retail as the Indian ... Read more...

Posted in Business |

Indian economy grows at a sluggish 5.5 percent in Q1 (Lead)


August 31st, 2012 - 3:36 pm ICT by IANS
New Delhi, Aug 31 (IANS) The Indian economy grew at a sluggish 5.5 percent in the first quarter of this fiscal in comparison to 8 percent in the corresponding quarter ... Read more...

Posted in Business |

Indian economy’s growth slows to 5.5 percent in first quarter


August 31st, 2012 - 1:12 pm ICT by IANS
New Delhi, Aug 31 (IANS) The Indian economy grew at a much lower pace of 5.5 percent in the first quarter of this fiscal, as per official estimates of the ... Read more...

Posted in Uncategorized |

New measures soon to boost exports, investor confidence


August 28th, 2012 - 7:15 pm ICT by IANS
New Delhi, Aug 28 (IANS) The government will soon announce new steps to boost exports and investors' confidence in the Indian economy, Commerce Secretary S.R. Rao said Tuesday."The government is ... Read more...

Posted in Business |

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 |

Policy reform, cuts in government spending required: RBI


August 23rd, 2012 - 9:36 pm ICT by IANS
Mumbai, August 23 (IANS) The Reserve Bank of India said Thursday that lower interest rates alone would not help put the economy on the growth track, and the government needs ... Read more...

Posted in Business |

From classical roots to free flow in Indian dance (With Images)


August 23rd, 2012 - 1:47 pm ICT by IANS
New Delhi, Aug 23 (IANS) Contemporary Indian dance drew much attention at the just-concluded Edinburgh International Festival, among the few international festivals dedicated solely to performing arts.A troupe led by ... Read more...

Posted in Life Style |

Congress has mismanaged economy: BJP (Second Lead)


August 19th, 2012 - 9:31 pm ICT by IANS
New Delhi, Aug 19 (IANS) The Congress-led government has grossly mismanaged the economy and is caught in a policy paralysis, the Bharatiya Janata Party (BJP) said Sunday.A day after ... Read more...

Posted in Politics |

No progress in eight years of UPA rule: BJP (Lead)


August 19th, 2012 - 6:37 pm ICT by IANS
New Delhi, Aug 19 (IANS) Charging the Congress-led government with "gross mismanagement of the economy", the BJP Sunday said India has witnessed no progress in eight years of UPA's ... Read more...

Posted in Politics |

NASDAQ dons Indian colours for I-Day


August 16th, 2012 - 12:04 pm ICT by IANS
New York, Aug 16 (IANS) For the fourth year in a row, NASDAQ, world's second-largest stock exchange in the heart of Times Square, donned the colours of the Indian flag ... Read more...

Posted in Politics |

PM silent on foreign policy, Pakistan


August 15th, 2012 - 1:42 pm ICT by IANS
New Delhi, Aug 15 (IANS) In a marked departure from his Independence Day speeches in the past, Prime Minister Manmohan Singh Wednesday did not say a word about the ... Read more...

Posted in Uncategorized |

Lack of consensus affecting economic growth: PM


August 15th, 2012 - 9:11 am ICT by IANS
New Delhi, Aug 15 (IANS) Lack of political consensus on many issues is affecting India's rapid economic growth, Prime Minister Manmohan Singh said Wednesday.Addressing the nation on India's independence ... Read more...

Posted in Politics |

India should ensure investment safety: German envoy (Interview)


August 12th, 2012 - 3:47 pm ICT by IANS
New Delhi, Aug 12 (IANS) India should ensure policy and judicial stability that will help counter the negative sentiments of late about investment climate in the country and ease flow ... Read more...

Posted in Business |

Have some fun on the bookshelf this weekend (IANS Books)


August 11th, 2012 - 5:00 pm ICT by IANS
New Delhi, Aug 11 (IANS) The book shelf this week is delightfully light, with easy-to-grasp titles. Browse with IANS...Book: "The Puffin Book of 100 Great Indians"; Compiled and published ... Read more...

Posted in Life Style |

Factory output dips by 1.8 percent in June (Roundup)


August 9th, 2012 - 8:23 pm ICT by IANS
New Delhi, Aug 9 (IANS) India's industrial output dropped 1.8 percent in June, the third time in four months, due to a sharp contraction in manufacturing production, government data ... Read more...

Posted in Business |

India’s industrial output drops by 1.8 percent in June (Lead)


August 9th, 2012 - 3:06 pm ICT by IANS
New Delhi, Aug 9 (IANS) India's industrial output dropped by 1.8 percent in June due to a sharp contraction in manufacturing production, government data showed Thursday. Factory output has ... Read more...

Posted in Business |

Industrial output drops by 1.8 percent in June


August 9th, 2012 - 2:36 pm ICT by IANS
New Delhi, Aug 9 (IANS) India's industrial output dropped by 1.8 percent in June due to a sharp contraction in manufacturing production, government data showed Thursday.The factory output has ... Read more...

Posted in Business |

Crisil cuts India’s growth forecast to 5.5 percent


August 7th, 2012 - 4:54 pm ICT by IANS
Mumbai, Aug 7 (IANS) Research and ratings agency Crisil Tuesday cut India's economic growth forecast to 5.5 percent for the 2012-13 financial year from its earlier estimate of 6.5 percent, ... Read more...

Posted in Business |

Government to modify policies to meet investors’ expectations


August 6th, 2012 - 5:21 pm ICT by IANS
New Delhi, Aug 6 (IANS) Finance Minister P. Chidambaram said Monday the government will fine-tune economic policies to meet investor and other stakeholders' expectations."Our policies have to be modified ... Read more...

Posted in Business |

Chidambaram assumes charge of finance


August 1st, 2012 - 7:58 pm ICT by IANS
New Delhi, Aug 1 (IANS) Palaniappan Chidambaram Wednesday took charge of the finance ministry after a gap of nearly four years, raising expectations that he would take steps to ... Read more...

Posted in Uncategorized |

Indian economy to grow 6 to 6.5 percent in 2012-13: Montek


July 31st, 2012 - 3:39 pm ICT by IANS
New Delhi, July 31 (IANS) Indian economy is expected to grow by 6 to 6.5 percent in the current financial year and would take at least two years to reverse ... Read more...

Posted in Business |

RBI cuts growth forecast to 6.5 percent, warns on inflation


July 30th, 2012 - 8:28 pm ICT by IANS
Mumbai, July 30 (IANS) India's economic growth is likely to fall to 6.5 percent, inflation accelerate and fiscal deficit widen, the Reserve Bank of India said Monday, painting a gloomy ... Read more...

Posted in Uncategorized |

Deficient monsoon to put pressure on growth: CII


July 29th, 2012 - 6:11 pm ICT by IANS
New Delhi, July 29 (IANS) Deficient monsoon is likely to worsen macro-economic situation and put further pressure on economic growth, the Confederation of Indian Industry (CII) said."Not only will there ... Read more...

Posted in Business |

No reversal of tide of economic reform in India: Nirupama Rao


July 27th, 2012 - 10:52 am ICT by IANS
Washington, July 27 (IANS) Asserting that the 'India Story' is definitely not over, Indian Ambassador Nirupama Rao has assured American businees that there is no question of the tide of ... Read more...

Posted in Business |

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