Economy News

World Bank President Jim Young Kim and India's Prime Minister Narendra Modi

Led by India, South Asia Growing Fastest in the World: World Bank

A shift in growth pattern, from consumption-led to investment-led, could see India clocking high growth in 2016 & 2017, says World Bank.

Apr 14, 2015

India Tops Global Remittances List With $70 Billion

The country has topped the list for the second time.

Apr 14, 2015

soaring-food-prices-drive-indias-inflation-to-a-six-month-high

CPI Inflation Likely to Go Up in March Due to High Food Prices: Economists

Domestic consumer inflation likely rose further in March, economists say.

Apr 13, 2015

Government's Aim to Double Exports by 2020 Looks 'Unrealistic': Report

The government's ambitious plan to almost double exports by 2020 from the current level is good, but the target looks 'unrealistic', says Capital Economics.

Apr 10, 2015

RBI May Cut Key Repo Rate Thrice By April 2016, Says Bank of America

Although the RBI kept policy rates unchanged at this week's monetary policy review meeting, the bank is expected to cut repo rate thrice by April 2016, says the bank.

Apr 10, 2015

Moody's Raises India's Outlook to Positive

There is a high probability that actions by policy makers will enhance the country's economic strength, Moody's said.

Apr 9, 2015

Make in India, Defence to Dominate Modi's 3-Nation Tour of France, Germany and Canada

Prime Minister Narendra Modi embarks on on a three-nation tour of France, Germany and Canada that will focus on boosting trade and economic ties.

Apr 9, 2015

Money Talks: Pension reforms - freedom, stealth tax or a scandal-in-waiting?

Radical changes in pension rules combined with lack of understanding could open the floodgates for mis-selling of new products.

Apr 8, 2015

How Analysts React to RBI's Decision to Keep Key Policy Rates Unchanged

The RBI left the repo rate unchanged at 7.5%, the Cash Reserve Ratio (CRR) at 4% and Statutory Liquidity Ratio (SLR) at 21.5%.

Apr 7, 2015

RBI Keeps Repo Rate, CRR Unchanged

The central bank lowered its January 2016 inflation forecast to 5.8 percent from 6 percent earlier.

Apr 7, 2015

RBI Likely to Keep Rate Cut on Hold due to Current Inflation Figures

This year, RBI has already cut the repo rate twice, by 25 basis points each time, in a bid to bolster economic growth.

Apr 7, 2015

Food Prices Likely to Go Up Due to Unseasonal Rains

The good news is that it is likely to be temporary in nature, according to financial services firm Nomura.

Apr 6, 2015

What Analysts Expect from RBI's Tuesday Meeting

Markets eagerly wait for this year's first policy meeting of the Reserve Bank of India (RBI), scheduled for 7 April.

Apr 6, 2015

Weak US Jobs Data Erases Hopes of Mid-Year Rate Hike by Fed

The US economy shows further signs of slowdown following a year of robust growth, casting doubts over the expected start of monetary policy normalisation by the Federal Reserve.

Apr 4, 2015