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Economy News

Arun Jaitley

Indian Finance Minister Arun Jaitley Assures US Investors of a Stable Policy Regime

Jaitley is on a nine-day US tour to negotiate the proposed Bilateral Investment Treaty (BIT) between the two countries. Jun 21, 2015
Rahul Gandhi

GST Bill: Congress Demands Changes to Legislation to Lend Support in Rajya Sabha

The party said that it would not support to the bill in its current form. Jun 20, 2015
indian-economic-growth-potential-higher-than-7-5

Indian economic growth potential higher than 7.5%

Finance Minister Arun Jaitley said on Thursday (18 June) that economic reforms in the legislative pipeline can push Indias growth rate above the 7 to 7.5 percent range. Jun 19, 2015
greeces-yanis-varoufakis-urges-eu-not-to-fall-prey-to-state-of-mind-that-accepts-an-accident

Greeces Yanis Varoufakis urges EU not to fall prey to ‘state of mind that accepts an accident’

Greek Finance Minister Yanis Varoufakis said on Thursday (18 June) the euro zone was dangerously close to a state of mind that accepts an accident. He also slammed other ministers whom he said did not want to discuss his proposal to set up an automatic break on the countrys public deficit. Jun 19, 2015
eu-referendum-five-ways-your-life-will-change-if-britain-leaves-the-eu

EU Referendum: Five ways your life will change if Britain leaves the EU

Here are the five most likely changes for Brits if a Brexit takes place. Jun 19, 2015
Arun Jaitley

Reforms to Boost India's Growth to Over 7.5%: Finance Minister Arun Jaitley

A key legislation is the Goods and Services Tax Bill. Jun 19, 2015
Arun Jaitley

Economic Reforms Likely to Push India's Growth above 7% Range: Arun Jaitley

The government forecasts growth of 8.1-8.5% while the central bank has a 7.6% GDP growth target. Jun 19, 2015
Janet Yellen

US Federal Reserve Interest Rate Off the Table for Now, Sensex Up

However, the bank signalled that a rate hike would happen this year. Jun 18, 2015
greece-grexit-would-be-a-modern-greek-tragedy-if-aid-talks-fail

Greece: Grexit would be a ‘modern Greek tragedy’ if aid talks fail

The Central Bank of Greece issued a stark warning of a Grexit on Wednesday (17 June) if aid talks fail ahead of an end of June repayment deadline. Jun 17, 2015
State Bank of India

SBI's Economic Growth Indicator Witnesses a Decline in June

Out of total sample of 3961, 35.7% corporate are PAT negative in FY15 as compared to 30.7% in FY14. Jun 17, 2015
edmund-shing-uk-goes-mad-over-online-shopping-boohoo-and-sports-direct-worth-an-investment-look

Edmund Shing: UK goes mad over online shopping - BooHoo and Sports Direct worth an investment look

UK is gripped by online shopping fever and BooHoo and Sports Direct look good as long-term online retail plays. Jun 16, 2015
Money

India Sees Massive Jump in Ultra-High-Net-Worth Households, Ranks Fourth in World

India saw a massive rise in the number of ultra-high-net-worth households to 928 in 2014, as compared to 284 in 2013. Jun 16, 2015
Inflation

India's Wholesale Inflation Still Negative at 2.36%

The annual inflation rate based on the Wholesale Price Index (WPI) was recorded at 6.18 percent in May 2014. Jun 16, 2015
Drought

Drought May Pour Cold Water on Modi Government's Ambitious Growth Target for FY16

A decline in farm output is likely to pull down the country's growth rate below 7.3, which was posted last fiscal year. Jun 15, 2015
Inflation

Rise in Inflation Undermines RBI Rate Cut Prospects

HSBC had forecast inflation to go up in the second half of this year due to El Nino effect. Jun 12, 2015
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