Indian economy

$5-trillion-economy target is achievable: Chief Economic Advisor KV Subramanian

Investments, which would be the key driver to reach the $5-trillion-economy target in the next five years, would not only give a big boost to industry, services, and business, but also create innumera

published on : 14th July 2019

8 per cent growth needed for a USD 5-trillion economy: Ex-RBI governor

The major task of the country is to move as fast as it can to achieve a higher standard of living, former RBI governor C Rangarajan said.

published on : 12th July 2019

'No magic in it': P Chidambaram on government's promise of 5 trillion dollar economy by 2024

P Chidambaram said that the Budget won't change the life of the bottom 20 per cent of the population in the country.

published on : 9th July 2019

PM Modi slams ‘professional pessimists’

Modi praised the strength, resolve and dedication of the people to achieve ambitious goals and called upon them to dream big so that India can achieve the target of becoming a USD 5 trillion economy.

published on : 7th July 2019

Budget 2019 lays down roadmap for India to get back on high growth track: Arun Jaitley

India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter. For the full 2018-19 fiscal as well, the growth rate was at its lowest in five years at 6.8 per cent.

published on : 6th July 2019

Modi 2.0 budget is a key chance to spur a waning economy

While Finance Minister Nirmala Sitharaman must address multiple economic challenges, she has the task with the country's fiscal deficit higher at 3.5 per cent.

published on : 5th July 2019

India to become a five trillion dollar economy by 2025: Economic Survey

The report said that such growth can only be sustained by the various cycle of savings, investment and exports.

published on : 4th July 2019

Economic Survey predicts subdued GDP growth of 7% in FY20 

GDP growth reflects a recovery in the economy after a deceleration in the growth momentum throughout 2018-19, said finance minister Nirmala Sitharaman in the Rajya Sabha.

published on : 4th July 2019

Export-led growth very critical for good jobs in India: Arvind Panagariya

Panagariya, who served as the first Vice Chairman of the NITI Aayog from January 2015 to August 2017, underscored that for trade to grow, the country has to be open.

published on : 25th June 2019

Lower global rates: An opportunity for the Indian Economy

Low yields in developed markets and a need for higher investment returns from investors have led to a lower interest rate world.

published on : 21st June 2019

Can Modi's 'USD 5 trillion economy' dream be achieved?

Modi could never be accused of lacking ambition, but the fact is that getting India’s GDP to $5 trillion in five years will be far more challenging than achievable.

published on : 20th June 2019

PM Modi's 'exaggerated GDP numbers' have done real damage to economy

It can be understood that less investments on a less than 7 per cent growth rate has affected the country's economic growth.

published on : 14th June 2019

GDP growth overestimated by 2.5 per cent during FY12 and FY17: Former chief economic adviser Arvind Subramanian

'India changed data sources and methodology for estimating real GDP for the period since 2011-12. the change has led to a significant overestimation,' he said.

published on : 11th June 2019

India world’s fastest-growing economy? Not really

A growing number of critics have questioned India’s high growth estimates under Prime Minister Narendra Modi’s government.

published on : 11th June 2019

PM Modi forms two Cabinet committees to spur growth, employment

The economy has become a major cause of concern for the new government with GDP dropping to 5.8 per cent in the last quarter of the 2018-19.

published on : 5th June 2019
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